News Topic: WSJcomBankruptcyBeat

This week on The Broke and the Beautiful, we’ve got more details on Lenny Dykstra’s upcoming biopic, and investors in ex-teammate Curt Schilling’s 38 Studios see some love in Rhode Island’s budget.  Also, a bankruptcy trustee is asking a judge to hold Joe ... Read full article

A government bankruptcy watchdog wants to ensure the claims trading industry doesn’t profit from the confusion of hundreds of people who have already lost money with New Life International, a Tennessee nonprofit that collapsed last year after investing ... Read full article

Energy Future Holdings Corp. launched a crucial hearing on financing its $42 billion bankruptcy by announcing it had reached an accord with some key critics and by winning final approval of a $4.475 billion loan. The Wall Street Journal has the Daily ... Read full article

After reaching an agreement with unsecured creditors, Fisker Automotive Inc. will move forward with its bankruptcy-exit plan on Monday, when it will ask the court to approve the plain-language outline of that plan. The agreement with creditors, reached ... Read full article

General Motors CEO Mary Barra addresses employees at the automaker’s vehicle engineering center in Warren, Mich., Thursday, June 5, 2014. ... Read full article

Marc Dreier Associated Press In the 5 1/2 years since attorney Sheila Gowan began liquidating Marc Dreier’s former law firm, she’s collected $79 million to help repay the de ... Read full article

Craig Solomon Ganz has joined Ballard Spahr LLP from Gallagher & Kennedy . Mr. Ganz, a partner with the law firm, focuses on corporate restructuring and complex commercial litigation. He’s represented creditors, debtors and creditors’ committees. Mr. ... Read full article

General Motors Chief Executive Mary Barra spoke Thursday to provide an update on GM’s internal investigation into the ignition switch recall at the General Motors ... Read full article

Milwaukee’s YMCA filed for Chapter 11 bankruptcy protection in the face of declining membership and contributions, pledging that its camps and other programs will continue during its restructuring. ... Read full article

Konrad Fiedler/Bloomberg News Chinese investment firm Sailing Capital and Chinese conglomerate Sanpower teamed up to buy Brookstone Holdings Corp. ... Read full article

“American Sniper” author Chris Kyle poses for this 2012 file photo. Mr. Kyle was fatally shot at a shooting range southwest of Fort Worth, Texas, on Feb. ... Read full article

Energy Future Holdings Corp.’s proposal to get out from under a claimed $1.3 billion premium payment to bondholders has two bond trustees crying foul. Read the Daily Bankruptcy Review article here . ... Read full article

A Lehman Brothers Holdings Inc. subsidiary that owns the Canyon Ranch Hotel & Spa, Miami Beach filed for Chapter 11 bankruptcy protection Sunday to ease the sale of the luxury property to the owner and manager of a portfolio of hotels that includes ... Read full article

This week on The Broke and the Beautiful, BottleRock is back from rock bottom , and Denis Leary is aiding Detroit firefighters. Also, an injured baseball fan is still looking for compensation from the Los Angeles Dodgers. ... Read full article

Should bankruptcy be allowed to erase claims that may technically have arisen pre-bankruptcy but which a company’s creditors weren’t aware of at the time? ... Read full article

It’s up to the courts to decide whether old or new   GM   is liable for faulty ignition-switch claims.   But what do you think?   From a legal, practical or ethical point of view, should it ... Read full article

Coldwater Creek ’s creditors are at a loss to understand why sales boomed in the wake of its bankruptcy filing, but it’s not a mystery to the former retailer’s target customers. ... Read full article

A Coldwater Creek store in downtown Seattle. Associated Press/Elaine Thompson Creditors are keeping a tight rein on spending in the Coldwater Creek Inc. ... Read full article