WSJcomBankruptcyBeat

Bankrupt No More, Sonja Morgan Gets to Keep NYC Home

06/18/15
Sonja Morgan of “The Real Housewives of New York” attends the NBCUniversal Cable Entertainment 2015 Upfront in New York in May.
Evan Agostini/Associated Press
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RadioShack Wins Approval of Real Estate Sales

06/18/15
Shawn Thew/European Pressphoto Agency

The former RadioShack won court approval of the last major transactions of its bankruptcy case: more than $50 million worth of real estate in Texas, California and Marylan

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Archdiocese Seeks Judge’s Permission to Hire Criminal Defense

06/17/15

The Roman Catholic Archdiocese of St. Paul and Minneapolis has asked a bankruptcy judge for permission to hire a criminal defense team, after prosecutors in Minnesota filed charges against the archdiocese for allegedly failing to protect children from abusive priests.

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Showdown Looms in Colt Defense Bankruptcy

06/17/15
A Colt 9mm pistol sits on display in the Colt’s Manufacturing Co.
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Colt Looks Toward August Auction

06/16/15
This image provided by RMK Services shows a Colt .45 SAA revolver that belonged to Robert LeRoy Parker, better known as Butch Cassidy.
Associated Press

Col

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Colt Pulls the Trigger on Bankruptcy Filing

06/15/15

Colt Defense LLC filed for chapter 11 bankruptcy protection Sunday night, warning its business is in a fragile state and it needs a quick sale to survive, The Wall Street Journal reports.

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Next Week in Bankruptcy

06/12/15

Investors face a deadline of next Friday to bid on Houston-based Dune Energy Inc.’s oil-drilling operations.

Lawyers are preparing for a June 30 auction to sell the company, which oversees more than a dozen drilling sites that sit atop an estimated 93.1 billion cubic feet of natural gas equivalent, according to earlier documents filed in U.S. Bankruptcy Court in Austin, Texas.

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NII Holdings Adviser Says No Litigation Estimate Made

06/12/15

A NII Holdings Inc. financial adviser said creditors received no specific estimates on the potential cost of litigation of certain disputed claims, a key sticking point in the Latin American Nextel carrier’s bid to have its restructuring plan approved. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Transparency Sought in Train Derailment Settlement

06/11/15
This July 16, 2013, file photo shows firefighters and workers at the crash site of a train derailment that killed 47 people in Lac-Megantic, Quebec.
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Lehman Claims Are in the Billions

06/11/15

Lehman Brothers Holdings Inc. is winding down is business, but its bankruptcy case remains a massive undertaking. And it has the numbers to prove it. Read the Daily Bankruptcy Review article here.

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