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The Daily Docket: Singapore Fund Makes Offer for Paulson Resort

08/21/12

Singapore’s real-estate investment arm is offering to buy four U.S. luxury resorts from hedge fund Paulson & Co. for $1.5 billion, subject to higher bids at a bankruptcy auction. Read the Daily Bankruptcy Review article here.

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The Daily Docket: ATP Enters Bankruptcy

08/20/12

ATP Oil & Gas Corp. filed for Chapter 11 bankruptcy protection Friday, hit by the rising costs associated with its deep-water drilling projects in the Gulf of Mexico. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Barclays Dips Into Bankruptcy Lending Pool

08/17/12
Getty Images

Barclays is standing tall in the world of debtor-in-possession financing this year.

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The Broke and the Beautiful: Jim Donnan Edition

08/17/12

This week on The Broke and the Beautiful, the SEC accuses former University of Georgia football coach Jim Donnan of running a Ponzi scheme, and Evander Holyfield wants to avoid a knockout in bankruptcy. Also this week, a museum Julia Child helped start is trying to cook up a new beginning.

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The Daily Docket: ResCap Examiner Gets Subpoena Power

08/17/12

A judge on Thursday granted broad subpoena power to the independent examiner investigating Residential Capital LLC’s relationship with parent Ally Financial Inc., though he agreed with private equity firm Cerberus Capital Management LP to limit the number of parties with access to the examiner’s data. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Judge Rejects AMR Bid to Scrap Pilots’ Contracts

08/16/12

A U.S. bankruptcy judge said the parent of American Airlines couldn’t scrap its pilots’ contract and impose more draconian terms, further delaying AMR Corp.’s efforts to emerge from bankruptcy. Read The Wall Street Journal story here.

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Oil, Canvas and a Lawsuit

08/15/12

Inner City Broadcasting Corp. says it’s the victim of a scheme to steal the art right off its walls and is fingering its own bankrupt subsidiary and a group of its senior lenders as the culprits.

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Judge Rules Against Borders Gift-Card Holders

08/15/12

A bankruptcy judge said Borders doesn’t owe anything to the gift-card holders who didn’t use their cards before the retailer closed for good and who failed to file claims for the card balances by last year’s deadline.

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The Daily Docket: FDIC Takes on New Role as Bankruptcy Lender

08/15/12

The Federal Deposit Insurance Corp . doesn’t usually lend money, especially not to ski resorts. But on Aug. 1, that’s exactly what it did. Read the Daily Bankruptcy Review story here.

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Fee Watchdogs Charge AMR Thousands of Dollars

08/14/12
Associated Press
An American Airlines fleet clerk unloads a baggage can.

How much does it cost a company to keep an eye on the fees that its attorneys, adv

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