News Topic: WSJcomBankruptcyBeat

A series of settlements to benefit victims of Bernard Madoff’s massive Ponzi scheme will go before a bankruptcy judge Wednesday in Manhattan for final approval. The settlements include a $95 million deal struck with Senator Fund SPC, an investment fund ... Read full article

Sandrine’s has filed for bankruptcy with a buyer in mind to revive the French restaurant in Cambridge, Mass.’s Harvard Square. In court papers, the restaurant , which has lost customers and expects to fall $200,000 short this year, declared that it has ... Read full article

Reuters Former MF Global customers, as well as the administrator in charge of the defunct brokerage, are fighting a bid by Jon S. ... Read full article

Modern Vice’s boots are made for walking. Come next week, they’ll be walking to the bankruptcy auction block. ... Read full article

Associated Press People with unpaid medical bills are finding themselves in a “haphazard system” of debt collection, in which some consumers don’t realize they owe money or are still waiting for bills when their debt is sent to a collections agency, a ... Read full article

Rick Antonoff  has joined law firm  Blank Rome  as a partner with the finance, restructuring and bankruptcy group. Mr. Antonoff, who most recently worked at  Clifford Chance , represents secured and unsecured creditors, investors and other parties in ... Read full article

Tactical Firearms A bankrupt gun retailer in suburban Houston that hasn’t been shy abou ... Read full article

Associated Press Detroit’s Chapter 9 bankruptcy case officially ended Wednesday, a day after the city’s emergency manager resigned, The Wall Street Journal ... Read full article

In this July 27, 2009 photo, Scott Rothstein is shown in his former office. Associated Press Some of Ponzi scheme-operator Scott Rothstein’s law firm credi ... Read full article

Student at Corinthian Colleges WyoTech technical school campus in Laramie, Wyo. ... Read full article

Diapers.com founder Marc Lore’s soon-to-be-launched shopping site, Jet , recently bought itself access to a bevy of prospective customers in a bankruptcy auction. The fire sale of failed shopping website Hukkster’s customer lists, website code, and other ... Read full article

Lehman Brothers says a former trader received his entire $84 million bonus in 2008. Now the failed bank claims he is asking for it again. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

The leader of Bernard Madoff ’s broker-dealer business was sentenced to 10 years in prison on Monday for aiding one of the largest financial frauds in U.S. history with “his meticulous bookkeeping and averted eye,” reports WSJ . ... Read full article

The American Bankruptcy Institute unveiled its long-awaited Chapter 11 reforms Monday morning, which aim to help struggling businesses but also propose to take away perks for lenders who extend bankruptcy loans and to remove protections for some investors ... Read full article

The Wall Street Journal reports that teen retailer Delia’s filed for Chapter 11 bankruptcy protection. ... Read full article

While restructuring professionals have proposed some interesting changes to the bankruptcy code , it’s also striking what their 370-page report leaves out. Here are some hot topics in the bankruptcy world that  wouldn’t  be affected: Distressed-Debt ... Read full article

This week on The Broke and the Beautiful, Teresa Giudice is suing her ex-lawyer, alleging it’s his fault she’s going to prison. ... Read full article

American Laser Skincare  filed for bankruptcy liquidation Thursday, weeks after closing the doors of its clinics in a move that touched off an eruption of customer complaints online. ... Read full article