WSJcomBankruptcyBeat

Next Week in Bankruptcy

08/21/15
Rapper 50 Cent exited a New York courthouse last month after testifying in a sex tape lawsuit.
Brendan McDermid/Reuters

Though he’s not exactly known for

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U.S. Government Settles With Altegrity in Whistleblower Suit

08/21/15

The federal government reached a settlement with Altegrity Inc. worth at least $30 million over a whistleblower lawsuit, Daily Bankruptcy Review reports via The Wall Street Journal.

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MF Global Creditors Slated for Nearly Full Recovery

08/20/15

The judge in MF Global’s bankruptcy set the stage for a nearly full recovery for creditors, Daily Bankruptcy Review reports via The Wall Street Journal.

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Are You Owed Money From a Decades-Old Bankruptcy Case?

08/19/15
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The country’s bankruptcy courts are holding onto money for people who don’t realize it’s theirs.

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Patriot Coal Approved to Poll Creditors on Chapter 11 Plan

08/19/15

Patriot Coal Corp. will soon be able to poll creditors on its chapter 11 bankruptcy plan, Daily Bankruptcy Review reports.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

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Remaining Patriot Coal Mines to Be Sold

08/18/15

Patriot Coal Corp. reached a new deal to sell two West Virginia mines that will relieve it of $400 million in debt.Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Altegrity Wins Restructuring Plan Approval

08/17/15

Altegrity Inc., which became known after National Security Agency contractor Edward Snowden was vetted by one of its units, won approval of its chapter 11 plan.Read the Daily Bankruptcy Review article here.

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50 Cent Aims to Keep Effen Vodka Deal Secret

08/14/15

50 Cent doesn’t want you sippin’ Bacardi like it’s your birthday anymore.

Instead, the rapper would like you to drink Effen vodka in da club. And no, it’s not because he doesn’t give an Effen it’s not your birthday. It’s because as a spokesman for the Dutch brand he gets a cut.

However, the details of that endorsement deal could remain a secret in his bankruptcy case after a request by lawyers to keep the documents private.

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