WSJcomBankruptcyBeat

Next Week in Bankruptcy

01/08/16
Bill Pugliano/Getty Images

General Motors Co.’s first trial over faulty i

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American Apparel Former CEO Dov Charney Makes Bid for Company

01/08/16

Dov Charney, the ousted chief executive of retailer American Apparel Inc., found an investor to back a $200 million rival bid for the company. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Coming and Going Concerns

01/07/16

Peter Declercq and Sonya Van de Graaff joined Morrison & Foerster in London as partners in the law firm’s business restructuring and insolvency practice. They regularly represent hedge funds and other distressed investors. Mr. Declercq’s practice includes representing formal and ad hoc creditor groups in out-of-court restructurings around the world, while Ms.

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Caesars Entertainment Has Two More Bondholder Suits Going to Trial

01/07/16

A judge ruled that two bondholder lawsuits against Caesars Entertainment Corp. over deals that involve its unit in bankruptcy must go to trial. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Grail Semiconductor Files for Chapter 11 Bankruptcy

01/06/16

Invention company Grail Semiconductor Inc. filed for chapter 11 bankruptcy protection more than a decade after accusing a Mitsubishi affiliate of stealing one of its designs. Read the Daily Bankruptcy Review article here.

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Restructuring Activity to Be Boosted By Flagging Commodities in 2016

01/06/16
An oil-pumping unit, also known as a “nodding donkey” or pumping jack, operates at a drilling site. Restructuring professionals believe the majority of their work will be led by commodities-related companies as demand falls and prices across sectors continue to d
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WeedHire Goes Up in Smoke

01/05/16
Marijuana plants pictured in a greenhouse in Mexico City.
Yuri Cortez

It had an app, it rang up more than

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Bernard Madoff Trustee Picard Settles With Investor for $25 Million

01/05/16

Bernard Madoff trustee Irving Picard made a $25 million settlement with investor Vizcaya Partners Ltd. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Diocese of Duluth Sets May Deadline for Abuse Claims

01/04/16
This photo shows the Cathedral of Our Lady of the Rosary in Duluth, Minn., Monday, Dec. 7, 2015.
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Swift Energy Files for Chapter 11 Bankruptcy

01/04/16

Swift Energy Co. filed for bankruptcy in the last hours of 2015, capping months of struggles to address more than $1.2 billion in debt. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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