WSJcomBankruptcyBeat

Court Rulings Are Mixed Bag for Kenneth Starr

03/03/11
Associated Press
Kenneth Starr

You win some, you lose some, and, as Kenneth I. Starr found out yesterday, sometimes you end in a draw.

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The Daily Docket: Harbinger Bid Delays DBSD Sale

03/03/11

A judge on Wednesday pushed back a ruling on whether DBSD North America Inc. can move forward with its $1.1 billion sale to Dish Network Corp., giving DBSD and its creditors time to discuss details of the Dish plan and a competing plan by Phil Falcone’s Harbinger Capital Partners hedge-fund firm and fellow investment company Solus Alternative Asset Management. Read the Daily Bankruptcy Review story here.

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Lehman Execs Strike $2M Settlement With American Eagle, Tribe

03/02/11
Bloomberg News
Richard Fuld

Shopping mall staple American Eagle Outfitters Inc.

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Gas City Owner Looks To Sell Creamery Ice Cream Chain To Son

03/02/11

Kids love to beg their parents for ice cream. But William A. McEnery, whose father owns a chain of gas stations and ice cream parlors, is taking that a step further. He’s offering to buy the ice cream parlors for nearly $3 million out of the bankruptcy of his father’s company.

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The Daily Docket: Creditors Blast Blockbuster Sale

03/02/11

Unsecured creditors of Blockbuster Inc. are calling for the company’s bankruptcy case to be converted to a Chapter 7 liquidation from Chapter 11 unless significant changes are made to the movie-rental chain’s plans to sell itself to a group of senior noteholders. Read the Daily Bankruptcy Review story here.

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Bankruptcy Fees Could Fund Courts During Government Shutdown

03/01/11
Getty Images

In the event of a federal government shutdown, it may be the U.S. bankruptcy courts that keep the federal judiciary humming.

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Dreier Bankruptcy Trustee Sues Over Anguilla Property

03/01/11
Associated Press
Marc Dreier

A bankruptcy trustee is suing an Anguillan developer to recover the approximately $1.5 million Marc Dreier spent on property on the Caribbean is

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The Daily Docket: Creditors Oppose Innkeepers Sale

03/01/11

A group of Innkeepers USA Trust creditors joined others in protesting Five Mile Capital Partners and Lehman Brothers Holdings Inc.’s $374.4 million bid to buy the hotel owner. Read the Daily Bankruptcy Review story here.

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Judge OKs Bankruptcy Settlement With Former Rothstein Partner

02/28/11

A bankruptcy judge approved a deal struck between a former law partner of Ponzi-scheme operator Scott Rothstein and the bankruptcy trustee suing that partner for several hundred thousand dollars.

Judge Raymond B. Ray of the U.S. Bankruptcy Court in Fort Lauderdale, Fla., on Friday approved a settlement that frees former partner Russell Adler from litigation in exchange for up to $500,000, court papers show.

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The Daily Docket: ‘Old GM’ Creditors Back Chapter 11 Plan

02/28/11

Unsecured creditors have overwhelmingly voted to support the liquidation plan of General Motors’ bankruptcy estate, a proposal that will give those creditors an equity stake in the reorganized auto maker. Read the Daily Bankruptcy Review Story here.

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