The Daily Docket: Revel Moves to Scrap Sale
Associated Press Revel Casino Hotel on Tuesday sought to terminate a $95.4 million deal to sell the Atlantic City, N.J., boardwalk resort to Florida developer Glenn Straub. ... Read full article
Associated Press Revel Casino Hotel on Tuesday sought to terminate a $95.4 million deal to sell the Atlantic City, N.J., boardwalk resort to Florida developer Glenn Straub. ... Read full article
A RadioShack sign is viewed at a location in the Eastern Market neighborhood of Washington, D.C., in February 2015. Melanie Cohen RadioShack Corp. ... Read full article
Melanie Cohen RadioShack Corp.’s proposed bankruptcy financing cleared court Monday as the retailer continues the process of racing to sell out and shut down some 1,100 stores by the end of the month. ... Read full article
In its final report and recommendations, adopted on Dec. 1, 2014, the ABI Commission to Study the Reform of Chapter 11 refused to recommend any changes to the venue rules for chapter 11 bankruptcy cases. ... Read full article
Altegrity Inc. filed for Chapter 11 bankruptcy protection Sunday, in a bid to implement a restructuring agreed with its leading creditors. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article
Energy Future Holdings Corp. heads to bankruptcy court Tuesday in Wilmington, Del., to defend its right to hang on to exclusive control of its $42 billion bankruptcy until June 23. The company originally wanted to ward off competing reorganization plans ... Read full article
Bankruptcy lawyers are often hired for the task of shutting down an unsalvageable business. Earlier this week, Louisiana lawyer Martin A. Schott was hired to resurrect a dead one. With a bankruptcy judge’s order, Mr. Schott is now in charge of shuttered ... Read full article
Reuters RadioShack Corp. ... Read full article
Getty Images RadioShack’s long-awaited bankruptcy brought some good news for fans ... Read full article
Getty Images Credit-default swaps are shaking up the distressed-debt investing world , and they’re making the job of restructuring advisers more d ... Read full article
Caesars Entertainment Corp. ’s decision to place its largest unit into Chapter 11 protection in Chicago rather than in New York or Delaware surprised the bankruptcy community . But just how uncommon is it for companies to file in the Windy City? ... Read full article
Creditors are pushing for action in Energy Future Holdings Corp.’s $42 billion bankruptcy, a proceeding a bond trustee says is “meandering” along amid mounting professional fees. Read the Daily Bankruptcy Review article here . ... Read full article
A sign outside Eastman Kodak Co. headquarters in Rochester, N.Y. ... Read full article
Have Chapter 11 restructurings become so expensive that professionals are essentially pricing themselves out of business? ... Read full article
Have Chapter 11 restructurings become so expensive that professionals are essentially pricing themselves out of business? ... Read full article
Have Chapter 11 restructurings become so expensive that professionals are essentially pricing themselves out of business? ... Read full article
As I noted in a previous Examiners response, unnecessarily high professional fees can certainly hinder the Chapter 11 process, particularly for smaller and mid ... Read full article
Bloomberg News/Kristian Helgesen Private equity deal makers are steeling themselves for an increase in interest rates, according to a new survey from the New York chapter of the Association for ... Read full article
Andrew Harrer/Bloomberg News Women’s dress and formalwear retailer Cache Inc. ... Read full article
Have Chapter 11 restructurings become so expensive that professionals are essentially pricing themselves out of business? ... Read full article