News Topic: WSJcomBankruptcyBeat

In the niche practice of law-firm bankruptcies, Texas law firm Diamond McCarthy LLP has earned a reputation for its willingness to sue other lawyers. Now, the firm is suing a lawyer it knows well—its former partner Sheila Gowan, who Diamond McCarthy says ... Read full article

Dewey’s former chairman, Steven Davis, second from right, and former finance chief, Joel Sanders, third from right, arriving in court in March. Reuters ... Read full article

Philip Falcone ‘s LightSquared has reached a deal on a restructuring plan that has the support of Dish Network Corp. Chairman Charlie Ergen, its top secured lender. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

A Coldwater Creek store in downtown Seattle. ... Read full article

Philip Falcone ‘s Harbinger Capital Partners is suing the federal government for allegedly reneging on an agreement regarding wireless venture LightSquared. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

This week on The Broke and the Beautiful, there may soon be some sweet news for Crumbs Bake Shop , and a jury said the Dodgers were partially responsible for the beating of a San Francisco Giants fan. Also, Joe Francis won’t give up the keys to two fancy ... Read full article

Energy Future Holdings Corp. will on Friday present to the bankruptcy court a comprehensive report on the status of negotiations on the agreement that would form the backbone of its Chapter 11 plan. The Friday hearing had originally been set as the date ... Read full article

A bankruptcy auction is still weeks away, but the price of Optim Energy’s Twin Oaks power plant continues to jump, with Texas giant Energy Future Holdings Corp. signaling it could go as high as $87.5 million for the facility. Read the Daily Bankruptcy ... Read full article

Magnolia is an icon of the cupcake era, but the company gets less than 50% of its total sales from the frosted treats. Magnolia Bakery ... Read full article

Workers prepare to dismantle Freedom Industries chemical storage tanks in Charleston W.Va. on Saturday, Mar. ... Read full article

The collapse of Corinthian Colleges Inc. is raising questions about the Obama administration’s aggressive handling of one of the country’s largest for-profit education companies, which was hemorrhaging money before regulators cut off its federal funding. ... Read full article

Hedge fund Harbinger Capital Partners sued Dish Network Corp. and Chairman Charles Ergen for $1.5 billion for allegedly trying to take away Harbinger’s control of LightSquared, Reuters reports . ... Read full article

Well-known Washington, D.C., restaurateur Xavier Cervera, whose restaurants helped fuel Capitol Hill’s dining boom, has a drug conviction in his past. Mr. Cervera, who sold the restaurants in 2012, pleaded guilty in 1988 for his role in a cocaine ring ... Read full article

Melanie Cohen se ... Read full article

The cupcake craze has petered out. ... Read full article

Huron Consulting Distress in the health-care industry isn’t going away. ... Read full article

Melanie Cohen Crumbs Bake Shop Inc . notified employees Monday that it would be closi ... Read full article

Girls Gone Wild founder Joe Francis arrives at the 2012 MTV Movie Awards in Los Angeles. Reuters Joe Francis’s ride at the helm of his Girls Gone Wild porn ... Read full article