WSJcomBankruptcyBeat

The Daily Docket: Barnes Bay Reworks Bankruptcy-Exit Plan

08/23/11

Barnes Bay Development Ltd. is reworking its plan to exit bankruptcy protection under the control of Starwood Capital Group after a group of wealthy investors who put down millions of dollars in deposits on luxury Caribbean vacation residences complained they’re being short-changed. Read the Daily Bankruptcy Review story here.

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Ritz Interactive Clicks Into Chapter 11

08/22/11

Ritz Interactive Inc., which operates the websites for such retailers as Ritz Camera and Boaters World, filed for Chapter 11 bankruptcy protection Friday.

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How Old Is Chevy? Depends Who’s Asking…

08/22/11
Associated Press
Chevrolets from the 1940s cruise down Saginaw Street in Flint, Mich., on July 21 to celebrate the 100th anniversary of Chevrolet Motor Co.

From its

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The Daily Docket: Judge Signals Approval of $4 Billion Capmark Bankruptcy Plan

08/22/11

A Delaware bankruptcy judge Friday said he would approve Capmark Financial Group Inc.’s Chapter 11 plan that will see what was once on of the nation’s largest commercial-real-estate lenders exit bankruptcy as a shadow of its former self. Read the Daily Bankruptcy Review story here.

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Hospitals Get Poor Diagnosis at Roundtable

08/19/11
Stephanie Wickouski, Bryan Cave

There have been marquee retail bankruptices in recent months while housing-related businesses continue to stagger, but panelists at this year’s DBR Roundtable focused on a less-prominent distressed industry

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The Broke and the Beautiful: Sports Edition

08/19/11

This week on The Broke and the Beautiful, sports news abounds. The estate of the late crooner Frank Sinatra wants a voice in the Los Angeles Dodgers’ future, the Texas Rangers’ former owner faces a lawsuit, and the New York Mets’ owners may need to give at least $300 million to the trustee chasing down recoveries for Bernard Madoff’s investment-fraud victims. Meanwhile, football player Mark Brunell is hoping to leave bankruptcy soon, and actor Burt Reynolds may lose his home to foreclosure.

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The Daily Docket: NewPage May Enter Bankruptcy

08/19/11

NewPage Corp., a struggling Midwestern paper maker controlled by Cerberus Capital Management LP, warned in a regulatory filing that it may have to file for bankruptcy protection if it’s unable refinance its crushing debt load. Read the Daily Bankruptcy Review article here.

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Tavern on the Green Name Heads to Auction Block

08/18/11
AFP/Getty Images

After a taste of the Tavern on the Green brand, Louis Bivona is hungry for more.

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The Daily Docket: Judge Approves Lehman Deal With Fraser

08/18/11

A judge on Wednesday approved Lehman Brothers Holdings Inc.’s deal with WCAS Fraser Sullivan Investment Management LLC, which allows Lehman to turn its $5.3 billion commercial-loan portfolio into cash. Read the Daily Bankruptcy Review article here.

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