News Topic: WSJcomBankruptcyBeat

LightSquared next week will make its closing arguments in support of confirmation of its bankruptcy-exit plan. Judge Shelley Chapman of the U.S. Bankruptcy Court in Manhattan will hear arguments on Monday and Tuesday on the $2.65 billion reorganization ... Read full article

What does the Delaware Chancery Court’s Rural/Metro ruling mean for advisers to distressed companies? Did the court reach the right conclusion? ... Read full article

What does the Delaware Chancery Court’s Rural/Metro ruling mean for advisers to distressed companies? Did the court reach the right conclusion? ... Read full article

Energy Future Holdings Corp. weathered its debut bankruptcy-court hearing on Thursday, clearing a few essential early motions at a session that made it apparent the energy company faces opposition to its restructuring strategy. Read Peg Brickley’s story ... Read full article

Dry Bulk shipper Genco Shipping & Trading Ltd. has been hit hard by the shipping industry downturn and had to file for Chapter 11 bankruptcy last month, but in the period leading up to that filing, Chairman Peter Georgiopoulos did OK. ... Read full article

What does the Delaware Chancery Court’s Rural/Metro ruling mean for advisers to distressed companies? Did the court reach the right conclusion? ... Read full article

What does the Delaware Chancery Court’s Rural/Metro ruling mean for advisers to distressed companies? Did the court reach the right conclusion? ... Read full article

What does the Delaware Chancery Court’s Rural/Metro ruling mean for advisers to distressed companies? Did the court reach the right conclusion? ... Read full article

What does the Delaware Chancery Court’s Rural/Metro ruling mean for advisers to distressed companies? Did the court reach the right conclusion? ... Read full article

Energy Future Holdings Inc.’s long-planned restructuring got off to a raucous start, with high-priced legal talent ready to do battle on behalf of creditors unhappy with the restructuring strategy. ... Read full article

The TXU Monticello Steam Electric Station power plant near Mt. Pleasant, Texas, in February 2007. Reuters Energy Future Holdings Corp. ... Read full article

There’s nothing like a little humor to lighten up a conference about bankruptcy. Last week’s American Bankruptcy Institute conference—the country’s largest gathering of restructuring professionals—kept it goofy by challenging attendees to a Twitter ... Read full article

The TXU Monticello Steam Electric Station power plant near Mt. Pleasant, Texas, in February 2007. Reuters Energy Future Holdings Corp. ... Read full article

What does the Delaware Chancery Court’s Rural/Metro ruling mean for advisers to distressed companies? Did the court reach the right conclusion? ... Read full article

Energy Future Holdings Corp. filed for Chapter 11 bankruptcy Tuesday, after reaching a deal with creditors on the terms of a debt-for-equity swap to restructure the private-equity backed utility’s debt load of more than $49 billion. With $36.45 billion in ... Read full article

Associated Press Mega bankruptcy cases are usually mega expensive. ... Read full article

Sbarro LLC announced that it is moving forward with its original restructuring plan—a debt-for-equity swap—after receiving no bids that would allow the pizza retailer to hold an auction for its assets, Daily Bankruptcy Review reports via The Wall Street ... Read full article

What does the Delaware Chancery Court’s Rural/Metro ruling mean for advisers to distressed companies?  Did the court reach the right conclusion? ... Read full article