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American Airlines Seeks to Tap Claim Reserves to Pay Shareholders

04/10/15

Wednesday in New York, American Airlines Group Inc. will ask a judge if it can distribute more than $230 million in stock it had set aside for claims disputes in its predecessor’s chapter 11 case.

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The Daily Docket: Judge Approves $325 Million for Yarway Asbestos Claims

04/10/15

A judge gave permission for lawyers in charge of long-dead manufacturer Yarway Corp. to pay hundreds of millions of dollars to individuals who said the company exposed them to asbestos. Read the Daily Bankruptcy Review article here.

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The Examiners: Distress Trend Will Continue as Prices Remain Low

04/09/15

How much stress can we expect to see for oil and gas producers and related companies as a result of the current low prices? And what special issues does this industry face when it’s time to restructure or file for bankruptcy?

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The Examiners: Energy Rules are Being Fundamentally Rewritten

04/09/15

How much stress can we expect to see for oil and gas producers and related companies as a result of the current low prices? And what special issues does this industry face when it’s time to restructure or file for bankruptcy?

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The Examiners: Restructurings Won’t Be Extreme

04/09/15

How much stress can we expect to see for oil and gas producers and related companies as a result of the current low prices? And what special issues does this industry face when it’s time to restructure or file for bankruptcy?

[more]

Save The Tourist Wear! Fresh Produce Clothing Line Looks for Buyer

04/09/15

Bankruptcy professionals are scrambling to find a buyer who will save Fresh Produce women’s clothing line—colorful, roomy and reminiscent of that time you took the grandkids to Sarasota, Fla., for a beach vacation—from shutdown.

The Boulder, Colo., company could close by the end of August it doesn’t find a buyer to take over Fresh Produce’s 27 stores located in vacation spots like Florida, Arizona and South Carolina.

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The Daily Docket: KiOR Wins Approval to Solicit Votes on Restructuring Plan

04/09/15

Biofuel maker KiOR Inc. won a Delaware bankruptcy judge’s permission to begin soliciting votes from creditors on its restructuring plan. Read the Daily Bankruptcy Review article here.

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Lululemon Sued Over $59,000 Unpaid Bill for Store Displays

04/08/15
A woman walks into a store of yoga wear retailer Lululemon Athletica in downtown Vancouver in June
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The Examiners: Prices Will Create Ripple Effects Through Industry

04/08/15

How much stress can we expect to see for oil and gas producers and related companies as a result of the current low prices? And what special issues does this industry face when it’s time to restructure or file for bankruptcy?

[more]