WSJcomBankruptcyBeat

Maclaren USA Stroller Lawsuit Can Roll On

03/23/12
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When the U.S.

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The Broke and the Beautiful: Dodgers Edition

03/23/12

This week, bankruptcy doesn’t stop the Los Angeles Dodgers from earning the second spot in Major League Baseball’s most valuable team rankings. In other news, MGM is bouncing back from bankruptcy, while Venus Williams reaches for a fashion (and tennis) comeback.

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The Daily Docket: AMR’s American Airlines To Reject Labor Pacts

03/23/12

The parent of American Airlines said Thursday it would ask its bankruptcy judge to reject its existing labor contracts so it can impose its own terms in pursuit of $1.25 billion in savings the carrier maintains are essential for its survival. Read The Wall Street Journal story here.

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Kodak Ka-Ching

03/22/12
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Monday marked the three-month anniversary of Eastman Kodak Co.’s Chapter 11 filing, so it’s about time for the imaging company’s attorneys and advisers to be callin

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The Daily Docket: So Much Cash, So Few Deals

03/22/12

Years of a struggling economy have claimed another victim: distressed-debt investors who are raking billions of dollars of bankruptcy winnings off the table are casting about desperately for someplace to put the money to work.  Read the Daily Bankruptcy Review story here.

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DOJ Slams Beacon Power Legal Tab, Bonuses

03/21/12
Associated Press
Blue flywheel battery pits are seen at Beacon Power in Stephentown, N.Y., on July 7, 2011.
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The Daily Docket: Geithner to Answer Lehman Questions

03/21/12

Lawyers for Treasury Secretary Timothy Geithner said he will respond to questions from Lehman Brothers Holdings Inc.’s creditors over allegations that J.P. Morgan Chase & Co. illegally siphoned billions of dollars from the collapsing investment bank in the days before it filed for the largest bankruptcy in U.S. history. Read the Daily Bankruptcy Review story here.

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Soy Co-Op Files for Chapter 11 After FDA Recalls

03/20/12

It’s been a rough few years for Thumb Oilseed Cooperative Inc. With its second product recall for salmonella in as many years, the Michigan soy product producer landed in Chapter 11 Monday.

Thumb Oilseed sells soy flour, soy grits and refined soy oil under the name Soy Beginnings, declaring all of its products are low carb, trans fatty acids free, organic and non-GMO. But first in February 2010 and then in October 2011, Thumb Oilseeds had to recall thousands of pounds of soy flour and soy meal based on possible salmonella contamination.

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The Daily Docket: Japan’s Elpida Seeks U.S. Bankruptcy Protection

03/20/12

Tokyo-based chip maker Elpida Memory Inc. is asking a U.S. court to protect its assets while it works to restructure its debts in Japan. Read the Daily Bankruptcy Review story here.

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Crystal Cathedral, Part 2

03/19/12
Associated Press
Paul Lips, left, and Jim Coleman, center, husband of Hope Center of Christ Pastor Sheila Coleman, greet worshippers to the church’s first service after breaking away from the C
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