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Adversaries in Yu-Gi-Oh! Bankruptcy Dispute Make Amends

03/12/12

4Kids Entertainment Inc.’s real-life Yu-Gi-Oh! battle has officially drawn to a close.

U.S. Bankruptcy Court Judge Shelley C. Chapman Friday gave her blessing to the settlement deal 4Kids cooked up with a pair of Japanese companies that had played the role of adversary during its bankruptcy case.

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Burglary Triggers Medical Records Firm’s Collapse

03/12/12

The New Year’s Eve burglary of a California office building has led to the collapse of a national medical records firm.

Impairment Resources LLC filed for bankruptcy Friday after the break-in at its San Diego headquarters led to the electronic escape of detailed medical information for roughly 14,000 people, according to papers filed in U.S. Bankruptcy Court in Wilmington, Del. That information included patient addresses, social security numbers and medical diagnoses.

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The Daily Docket: Bankruptcy’s Spare Change

03/12/12

Many companies that collapse under bankruptcy-court reorganization are leaving behind small pools of money—and no one knows what to do with them. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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The Broke and the Beautiful: Lenny Dykstra Edition

03/09/12

This week on The Broke and the Beautiful, Lenny Dykstra gets prison time and the owners of the New York Mets must pay up. Also, a judge wants the Los Angeles Dodgers and Bryan Stow to settle their dispute.

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The Daily Docket: Apple Can’t Pursue Kodak Litigation

03/09/12

A judge Thursday said Apple Inc. couldn’t pursue patent infringement litigation against Eastman Kodak Co. over a patent the computer giant fears might be sold during Kodak’s bankruptcy before an ownership dispute is resolved. Read the Daily Bankruptcy review article via The Wall Street Journal.

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‘Mockingbird’ Lawyer Helped Write Alabama Bankruptcy Rule

03/08/12

The Alabama lawyer and lawmaker whose stand against racism inspired a leading character in the novel “To Kill A Mockingbird” may have also laid the foundation for a major headache in Jefferson County’s bankruptcy case.

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The Daily Docket: J.P. Morgan Sees Merger for AMR

03/08/12

J.P. Morgan Securities LLC analysts said Wednesday they are “underwhelmed” by AMR Corp.’s standalone restructuring plan and believe it’s more likely that the parent of American Airlines will merge with a competitor. Read the article in Daily Bankruptcy Review.

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Consultant Enters Bankruptcy Fight Between Lehman, Swiss Unit

03/07/12
Getty Images

A former Department of Commerce official is weighing in on the legal dispute Lehman Brothers Holdings Inc.

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The Daily Docket: Lehman Exits Bankruptcy

03/07/12

Lehman Brothers Holdings Inc. on Tuesday officially emerged from Chapter 11 bankruptcy protection after nearly 3 1/2 years and said creditors of the investment bank will start getting paid next month. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Government Squares Off With Farkas Over Rare Car

03/06/12
Bloomberg News
Lee Farkas is imprisoned at the Butner Federal Correctional Complex in Butner, N.C.

Once the train of forfeiture is chugging down the track

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