WSJcomBankruptcyBeat

The Daily Docket: Contec Plans Quick Trip Through Bankruptcy

09/04/12

Bain Capital Partners’ Contec Holdings Ltd. plans a speedy trip through bankruptcy with a debt-for-equity swap that will displace the private-equity firm and leave banks in charge, attorneys said at a court hearing Friday. Read the Daily Bankruptcy Review article here.

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Bankruptcy Beat Snapshot: Gerard Uzzi

08/31/12

The last bridge Gerard Uzzi inspected was the Queensboro, a 103-year old behemoth spanning the East River.

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The Broke and the Beautiful: Inferno Edition

08/31/12

This week on The Broke and the Beautiful, a production company behind actor Brad Pitt’s upcoming thriller filed for bankruptcy, and so did a bridal shop featuring dresses by well-known designers like David Meister and Lilly Pulitzer. Also, Eva Longoria is pushing a new concept for her former Beso restaurant space.

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The Daily Docket: American Airlines Pilots Appeal Labor Ruling

08/31/12
Associated Press
American Airlines grounds crew service and arriving flight at JFK International Airport in New York.

In an unusual move, American Airlines pi

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Whither Pink Slime?

08/30/12
Associated Press
This March 29, 2012, file photo, shows the beef product known as lean finely textured beef, or “pink slime, ” during a plant tour of Beef Products Inc.
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The Daily Docket: Bain-Owned Contec Enters Bankruptcy

08/30/12

Contec Holdings Ltd., the cable-box repair company owned by Bain Capital Partners, filed for Chapter 11 bankruptcy protection Wednesday with a plan in hand to restructure some $360 million in debt. Read the Daily Bankruptcy Review article here.

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Petters Trustee Wins Judgment Against Soccer Team

08/29/12

The trustee tracking down funds to pay creditors of Ponzi-scheme orchestrator Tom Petters just scored a goal in bankruptcy court.

Trustee Douglas Kelley, who is overseeing the bankruptcy liquidation of Petters’s former business empire, on Tuesday won a $200,000 judgment against Luxembourg soccer club CS Fola Esch, court papers show.

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The Daily Docket: Judge Urges Hostess Union to Approve Contract

08/29/12
Agence France-Presse/Getty Images

A bankruptcy judge urged union members to vote in favor of the final contract offered up by Hostess Brands Inc., a proposal both sides acknowledge represents the last hope for s

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Producer of New Brad Pitt Film Files for Bankruptcy

08/28/12
Valery Hache/AFP/Getty Images
Brad Pitt arrives for the screening of “Killing them Softly,” presented in competition at the 65th Cannes film festival on May 22.
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Bridal Shop Says ‘I Don’t’

08/28/12

Designer Bride Inc., which has dressed Manhattan brides in wedding gowns by the likes of Carmen Marc Valvo, David Meister and Lilly Pulitzer, has called it quits.

The retailer filed for Chapter 7 bankruptcy liquidation on Friday with assets of nearly $88,000 and debts approaching $194,000, court papers show.

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