WSJcomBankruptcyBeat

Borders Trustee Fights Gift-Card Claims

05/29/12
Reuters

The man in charge of paying creditors of Borders Group Inc.

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The Daily Docket: Dewey Enters Bankruptcy

05/29/12
Reuters

Law firm Dewey & LeBoeuf LLP has filed for bankruptcy protection, The Wall Street Journal report

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Bankruptcy Beat Snapshot: Martin Bienenstock

05/25/12

After spending 35 years helping to fix troubled companies such as General Motors, Texaco and Owens Corning, Martin Bienenstock got the hands-on experience he never wanted.

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The Broke and the Beautiful: Buck Up Edition

05/25/12

This week on The Broke and the Beautiful, rapper Young Buck agreed to a plea deal and has been kicked out of his house. Also, TLC member T-Boz is getting sued for not making car payments.

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The Daily Docket: Catalyst to Auction Assets

05/25/12

Catalyst Paper Corp. will sell its assets to the highest bidder after the paper and pulp producer failed to bring enough of its creditors on board with its restructuring plan. Read the Daily Bankruptcy Review article here.

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This Bankruptcy Is Radioactive

05/24/12
EPA

A radioactive waste-treatment center with as much as one million pounds of the stuff sitting around filed for bankruptcy liquidation Thursday.

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The Daily Docket: LightSquared Lenders Doubt Future Success

05/24/12

LightSquared’s biggest lenders are questioning the company’s ability to clear regulatory hurdles and build out its high-speed wireless network, steps on which its viability depends. Read the Daily Bankruptcy Review article here.

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Dewey & LeBoeuf ‘Business Developments’ Hold Up Dodgers Billing

05/23/12
Reuters

Former Los Angeles Dodgers owner Frank McCourt may have slipped $1 billion into his pocket after dropping the team into bankruptcy, but the law firm that guided him through will have to wait to be paid

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The Daily Docket: NewPage Bondholders Seek Transparency

05/23/12

A group of NewPage Corp. bondholders, which doesn’t appear to have publicly disclosed who its members are or the amount of debt they hold, say the public interest is best served by unsealing a potential lawsuit they may face from a rival creditor group. Read the Daily Bankruptcy Review article here.

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Trader with ‘Scattered’ History Sees Another Company into Chapter 11

05/23/12

Prospect Capital Corp. had planned a foreclosure sale for May 1 on the undrilled gas wells securing the more than $88.8 million in debt H&M Oil & Gas owed it. But when H&M filed for Chapter 11 on April 30, halting the sale, all the private equity firm could do was watch—and it looked to Prospect like the “bad boy of Chicago arbitrage,” Leon Greenblatt, was at it again.

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