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The Daily Docket: Potential Buyers Eyeing Solyndra Assets

10/19/11

Solyndra LLC is talking to some 25 potential buyers of its solar panel manufacturing business as it limps along under fire from Republicans in Congress over $527 million in federal loans, company officials said Tuesday. Read the Daily Bankruptcy Review story here.

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Red Red Ink

10/18/11
Reflex Recordings & Music Ltd.

Reggae pop stars UB40 might have to downgrade to the boxed version.

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The Daily Docket: Judge Rejects Call for Solyndra Trustee

10/18/11

Solyndra LLC Monday defeated a takeover threat from the U.S. Department of Justice, which demanded the company be put into the hands of a bankruptcy trustee as probes of a $527 million federal loan continue. Read the Daily Bankruptcy Review story here.

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Madoff Trustee Seeks $5.2M From Jewish Association

10/17/11
Associated Press
Irving Picard

A nonprofit that provides housing, meals, social programs and advocacy for senior citizens in the New York area is the latest charity being

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The Daily Docket: Lehman Trustee Say RBS Must Pay Up

10/17/11

The trustee winding down the U.S. brokerage business of Lehman Brothers Holdings Inc. says a Royal Bank of Scotland Group PLC affiliate should be forced to pay more than $345 million stemming from old swap agreements, and that non-payment would violate the automatic-stay provision afforded to companies that file for bankruptcy protection. Read the Daily Bankruptcy Review story here.

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The Broke and the Beautiful: Nevin Shapiro Edition

10/14/11

This week on The Broke and the Beautiful, former University of Miami booster Nevin Shapiro’s bankruptcy trustee is racking up the recoveries. Also, rapper Young Buck might face bankruptcy liquidation, and B.B. King’s Blues Club is still grappling with its Las Vegas landlord.

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The Daily Docket: Lehman Says Deutsche Bank Has ‘Buyer’s Remorse’ Over Bankruptcy Trade

10/14/11

Lehman Brothers Holdings Inc. says Deutsche Bank AG is suffering from a case of “buyer’s remorse” after buying more than $2 billion in bankruptcy claims from Lehman’s second-largest foreign affiliate on a bet that it along with some of Wall Street’s savviest hedge funds would reap big profits under the investment bank’s restructuring plan. Read the Daily Bankruptcy Review story here.

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The Daily Docket: Washington Mutual Appeals Bankruptcy Decision

10/13/11

Washington Mutual Inc., still reeling from a bankruptcy judge’s second rejection of its $7 billion creditor-payment plan, is appealing a ruling that paves the way for its shareholders to pursue insider-trading claims against prominent distressed-debt investors. Read the Daily Bankruptcy Review story here.

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Inspirada Creditors Clash Over Law Firm

10/12/11
Bloomberg News

“Should I stay or should I go now?”

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The Daily Docket: Trump Bids $170 Million For Doral

10/12/11

Donald Trump’s real estate company has signed an agreement to pay $170 million for the Doral Golf Resort and Spa out of bankruptcy. Read The Wall Street Journal story here.

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