WSJcomBankruptcyBeat

Lehman Brothers and the Insolvency of Trees

02/09/12
Getty Images

If a tree falls in the forest, it’s probably Lehman Brothers Holdings Inc.’s fault.

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The Daily Docket: Hostess Seeks New Employment Deal

02/09/12

Hostess Brands Inc. is seeking court permission for a new employment deal that would hand millions of dollars to Chief Executive Brian J. Driscoll, “architect” of the company’s plan to cut costs and jettison its pension plans. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Whoomp! Who Owns It?

02/08/12

The question of who owns “Whoomp! (There It Is),” a song that anyone who attended a sporting event in the ’90s is all too familiar with, will go to trial this August after a decade of litigation and a related bankruptcy.

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Inmates Seek to Advance Lawsuit Against Jefferson County

02/08/12
Bloomberg News
Three inmates share a cell designed for one person at the Jefferson County Jail in Birmingham on Oct.
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The Daily Docket: Saab to Enter Chapter 11

02/08/12

Saab Cars North America said it will file for Chapter 11 protection in Michigan, a move that comes a little more than a week after some of its dealerships sought to push the Swedish auto maker’s U.S. unit into bankruptcy proceedings in Delaware. Read the Daily Bankruptcy Review article here.

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Home Sales Go On Despite Spanish Peaks Bankruptcy

02/07/12

Spanish Peaks’ ongoing bankruptcy isn’t stopping the sale of luxury homes at the exclusive ski-and-golf community nestled among Montana’s mountains and bordering Yellowstone National Park.

Three homes in the Big Sky, Mont., community will go up for auction next month, according to Concierge Auctions LLC, as will a home in nearby Yellowstone Club.

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The Daily Docket: A&P Confirmation Hearing Begins

02/07/12

Great Atlantic & Pacific Tea Co. on Monday laboriously moved closer to final approval of its plan to exit what has been an equally laborious bankruptcy, with the company continuing to satisfy objections and a judge beginning to overrule others. Read the Daily Bankruptcy Review article here.

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Summertime Bankruptcy for Harrisburg?

02/06/12
Associated Press
The Harrisburg, Pa., incinerator

Harrisburg’s chances to sort out its debt in bankruptcy court seemed to have finally run out last week w

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The Daily Docket: Global Aviation Enters Bankruptcy

02/06/12

Global Aviation Holdings Inc., which says it is the largest commercial provider of airlift transport services for the U.S. military, filed for Chapter 11 bankruptcy protection Sunday. Read the Daily Bankruptcy Review article here.

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The Broke and the Beautiful: Kodak Edition

02/03/12

This week on The Broke and the Beautiful, Kodak wants to pull its name from Hollywood’s Kodak Theatre, and actress Debbie Reynolds is writing a new memoir. Also, “30 Rock” star Tracy Morgan’s mom is facing foreclosure.

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