News Topic: WSJcomBankruptcyBeat

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

When Washington, D.C., restaurateur Richard Cervera filed for personal bankruptcy last year, he didn’t tell the court that he had gained a slice of ownership in several Capitol Hill restaurants just nine days prior. Nor did he mention that he was ... 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 be? ... Read full article

A federal bankruptcy judge Wednesday approved Anadarko Petroleum Corp.’s $5.15 billion settlement of fraud claims from a 2006 acquisition, the largest environmental settlement ever won by the U.S. government. The Wall Street Journal has the Daily ... 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 be? ... 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 be? ... Read full article

TelexFree LLC has come under siege in recent weeks by federal prosecutors and securities regulators, which have alleged the company is behind a $1 billion-plus pyramid scheme.  Now, the beleaguered company faces the daunting challenge of notifying ... Read full article

European Pressphoto Agency Victims that lost money as a result of General Motors Co.’s ignition-switch problem could be forced to battle Old GM creditors for the remains of a trust that contains just more than $1 billion, accord ... Read full article

The U.S. Bankruptcy Court in Wilmington, Del., on Tuesday announced the forthcoming retirement of Judge Peter J. Walsh, effective Jan. 1. Calling Judge Walsh “irreplaceable,” the announcement nevertheless says that court officials are looking for a new ... Read full article

In the latest installment of  The Examiners , our panel of restructuring experts tackles a battle that’s currently being waged in courts throughout the country: whether General Motors Co. ’s bankruptcy cleansed it of liability for claims related to its ... Read full article

In most instances, becoming a bankruptcy judge is an achievement that comes as a capstone to an already successful legal career. For Ralph Mabey, that hallmark came at a much different time—when he was a 34-year-old lawyer who had never practiced ... Read full article

The U.S. Environmental Protection Agency has hit Exide Technologies with a notice of violation for air contamination at a California plant that serves as a cheap source of lead for its battery-making business. The Wall Street Journal has the Daily ... Read full article

This week on The Broke and the Beautiful, Soundelux entered bankruptcy protection, and four 38 Studios executives want to keep some documents out of public view. Also, Girls Gone Wild founder Joe Francis got arrested. ... Read full article

Energy Future Holdings Corp. has agreed to discuss an alternative bankruptcy loan offer from a group of bondholders it’s trying to win over as it pushes ahead on a multi-front restructuring strategy. The bankruptcy loan offer comes from the smallest and ... Read full article

Energy Future Holdings Corp.’s $42 billion bankruptcy will remain in Delaware, a judge said Thursday, dashing the hopes of unhappy creditors who wanted to see the big Chapter 11 case moved to the company’s home state of Texas. The Wall Street Journal has ... Read full article

When Hurricane Sandy hit the northeast in late 2012, devastating parts of New York and New Jersey, many turned to local organizations asking for ways to help those that didn’t weather the storm well. As residents up and down the East Coast came together ... Read full article

This publicity image released by HBO shows Peter Dinklage, left, and Sophie Turner in a scene from “Game of Thrones.” Todd-Soundelux, which recently filed for bankruptcy, has done sound for the TV show. ... Read full article

Creditors have raised questions about what happened in the final days before Coldwater Creek handed over the keys to its 330-store chain to liquidators in bankruptcy. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article