WSJcomBankruptcyBeat

The Examiners: It’s Bad Public Policy to Empower Holdout Bondholders

10/01/15

How does bondholders’ use of the Trust Indenture Act affect companies’ ability to complete out-of-court restructurings?

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RadioShack Bankruptcy Plan Approved

10/01/15

RadioShack Corp., the fallen electronics retailer that had $1 billion in debt when it filed for bankruptcy in February, won approval of a chapter 11 plan that will distribute liquidation proceeds to creditors. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Judge Puts Milwaukee Archdiocese Settlement to a Vote

09/30/15

: Milwaukee Archbishop Jerome Listecki in 2011; Morry Gash/Associated Press

Clergy sexual abuse victims will soon begin voting on a $21 million settlement,

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50 Cent Fights to Keep Underwear Deal Confidential

09/30/15

: In this July 20 file photo, Curtis “50 Cent” Jackson attends the premiere of “Southpaw” in New York.

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The Examiners: Recalibrate the TIA for Today’s Debt Markets

09/30/15

How does bondholders’ use of the Trust Indenture Act affect companies’ ability to complete out-of-court restructurings?

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The Examiners: Rulings Could Prompt More Prepacks

09/30/15

How does bondholders’ use of the Trust Indenture Act affect companies’ ability to complete out-of-court restructurings?

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How a $15 Million Legal Bill Put a Kentucky Town in Bankruptcy

09/30/15

The Kentucky town of Hillview, a southern suburb of Louisville, gave one reason why it filed for bankruptcy: a multimillion-dollar land dispute with a truck driver training school that has been simmering for a decade.

Trucking school officials filed a lawsuit to force a tax increase on the city of roughly 9,000 residents—a request under Kentucky law that hasn’t been made since the 1940s. The city’s $15 million legal judgment was growing by $3,759.54 a day.

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Daiichi Enters Bankruptcy in Tokyo, New York

09/30/15

Daiichi Chuo Kisen Kaisha plans to restructure $1.5 billion in a bankruptcy it filed in both New York and Tokyo and is the second bulk shipper to seek bankruptcy this month.Read the Daily Bankruptcy Review article via The Wall Street Journal.

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