WSJcomBankruptcyBeat

Alabama Bankruptcy Judge Retires From the Bench

09/16/15

Thomas Bennett, the judge who oversaw the $4.1 billion bankruptcy of Jefferson County, Ala., has retired from the court and taken a job at a law firm, the latest retirement in a noticeable judicial exodus.

Mr. Bennett, 66 years old, joined Bailey Glasser LLP as a partner last month, bringing his expertise in municipal bankruptcy, mediation and complex commercial litigation. He plans to work out of the firm’s Washington, D.C., office.

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Dry Bulk Shipper Global Maritime Enters Bankruptcy

09/16/15

Global Maritime Investments Cyprus Ltd., a dry bulk shipper, filed for chapter 11 protection in New York Tuesday to wind down amid an industry downturn. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Judge Questions USA Discounters’ Choice of Bankruptcy Venue

09/15/15
The U.S. Bankruptcy Court in Manhattan
Getty Images

USA Discounters Ltd., a retailer that has been accused of scamming U.S.

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Endeavour Creditors Fight Chapter 11 Dismissal Efforts

09/15/15

Creditors of Endeavour International Corp. are fighting the company’s efforts to get its chapter 11 bankruptcy case dismissed.Read the Daily Bankruptcy Review article here.

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Ultimate Nutrition Settles Dispute With Mr. Olympia Contest

09/14/15
Mr Olympia Phil Heath poses in 2012 in Melbourne, Australia.
Getty Images

The battle is over between the maker of Ultimate Nutrition prote

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Patriot Coal Delays Auction—Again

09/14/15

Patriot Coal Corp. on Friday said efforts to firm up a deal with its bankruptcy lenders to finance the sale of its mines have led it to postpone its auction for a second time. Read the Daily Bankruptcy Review story in The Wall Street Journal.

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Auctioneers Prepare to Sell Historic Reed and Barton-Made Silver Antiques

09/11/15

The bankruptcy of Massachusetts silverware maker Reed and Barton has unlocked a historic collection of more than 130 antiques for sale, including a four-foot tall silver statue crafted for country’s centennial celebration in 1876.

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Next Week in Bankruptcy

09/11/15
JOE RAEDLE/GETTY IMAGES

Wednesday in Wilmington, Del., the corporate shell of what was once RadioShack will ask a judge to approve its plan to pay back creditors.

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Retailer Quiksilver Wins Preliminary Loan Approval in Court Debut

09/11/15

Surfwear retailer Quiksilver Inc. won preliminary loan approval during its bankruptcy-court debut.Read the Daily Bankruptcy Review article via the Wall Street Journal.

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Quiksilver Plans to Close 27 Stores

09/10/15
A Quiksilver branded surboard forms part of the exhibition at the Surf World Museum, in Torquay, Australia on Saturday, Sept.
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