WSJcomBankruptcyBeat

The Daily Docket: Judge Orders Bankruptcy For Vegas Project

02/07/11

A bankruptcy judge ordered a trustee to take control of a stalled Las Vegas-area development, Denmark seized control of failing bank Amagerbanken A/S and Deal Journal looks at Dan Snyder's lawsuit against Washington City Paper.


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Blockbuster’s Bloodsucker: ‘Twilight Saga’ Distributor Wants Its Money

02/04/11

Summit Distribution, the distributor of the vampire films in "The Twilight Saga," said Blockbuster Inc. hasn’t been paying for its copies of the series' latest installment.

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Bankruptcy Beat Snapshot: Bettina Whyte

02/04/11

Bettina Whyte, who recently joined turnaround firm Alvarez & Marsal as a managing director and senior adviser, built her reputation as a leader in the industry by facing off against oil barons and corporate executives in the wilds of “rough [and] tumble West Texas.”


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The Daily Docket: Lehman Strikes $6.6B Deal with Creditors

02/04/11

Lehman Brothers Holdings Inc. has reached a $6.6 billion settlement with creditors for its second-largest foreign affiliate, talks broke down between Mets owner Fred Wilpon and the trustee who sued him in December to recover funds for Madoff victims and J.P. Morgan Chase & Co.

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News That’s Not Fit to Print in Tribune’s Chapter 11 Case

02/03/11

Whatever you do, don’t call Tribune Co.’s Don Liebentritt "Sam’s guy." That’s apparently a touchy subject for Tribune co-president Liebentritt, according to the flurry of activity on the docket of the media giant’s bankruptcy case.


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Judge Tosses Apartheid Lawsuits Against Old GM

02/03/11

Judge Robert Gerber late last week tossed out two lawsuits brought by South African groups who sought damages from General Motors’ bankruptcy estate in connection to what they said was the auto maker’s role in that country’s infamous system of apartheid.


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The Daily Docket: Investors, Midland Fight Over Innkeepers

02/03/11

A representative for Innkeepers USA Trust's mortgage lenders says a pair of disgruntled investors do not have standing to protest to the hotel owner's investment deal, Nortel Networks Corp.

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One Madison Developer Uses Company Card for Miley Cyrus Tickets

02/02/11

One Madison Park developer Ira Shapiro said he’s determined to see the 50-story tower through to the end.

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The Daily Docket: Appaloosa Denies WaMu Insider Trading Claims

02/02/11

David Tepper's Appaloosa Management LP said suspicions it engaged in insider trading in Washington Mutual Inc.'s bankruptcy case are "demonstrably false and defamatory," Borders Group Inc.

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‘Apprentice’ Winner Gets Lesson in Bankruptcy

02/01/11

Synergy Brands Inc., which counts former "Apprentice" star Bill Rancic as a member of its board of directors, sought Chapter 7 protection on Friday in a move authorized by the board.

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