News Topic: WSJcomBankruptcyBeat

In this June 20, 2013 photo, Alfred Almada, of West Hartford, Conn., practices at the Connecticut Amateur Jai Alai in Berlin, Conn. Erin Covey/Associated Press < ... Read full article

Reuters People who are suing General Motors Co. over an ignition-switch defect want a bankruptcy judge to declare that the auto maker’s government-orchestrated sale in 2009 doesn’t shield it from liability for ... Read full article

A group of businesses owed more than $2.5 million by Washington, D.C.’s Specialty Hospital is seeking to push the troubled health-care facility into bankruptcy. Creditors of Specialty Hospital of Washington LLC, which runs the city’s only long-term ... Read full article

Reuters People who are suing General Motors Co. over an ignition-switch defect want a bankruptcy judge to declare that the auto maker’s government-orchestrated sale in 2009 doesn’t shield it from liability for ... Read full article

New York shipping tycoon Peter Georgiopoulos’s Genco Shipping & Trading filed for Chapter 11 bankruptcy protection Monday, with a prepackaged restructuring plan that was hammered out with creditors and unveiled earlier this month. Read the Daily ... Read full article

Nortel Networks is preparing to spend more than $1 million on technology for an upcoming court fight over $7.3 billion raised in its global liquidation, a trial that will be broadcast live—but not to the public. Only “authorized users” will be able to ... Read full article

New York shipping tycoon Peter Georgiopoulos’s Genco Shipping & Trading filed for Chapter 11 bankruptcy protection Monday, with a prepackaged restructuring plan that was hammered out with creditors and unveiled earlier this month. Read the Daily ... Read full article

Nortel Networks is preparing to spend more than $1 million on technology for an upcoming court fight over $7.3 billion raised in its global liquidation, a trial that will be broadcast live—but not to the public. Only “authorized users” will be able to ... Read full article

A bankruptcy judge ruled Thursday that former American Airlines parent AMR Corp. doesn’t have the unilateral right to terminate health and welfare benefits for nearly 47,000 union and nonunion retirees. Read the Daily Bankruptcy Review article via The ... Read full article

A bankruptcy judge ruled Thursday that former American Airlines parent AMR Corp. doesn’t have the unilateral right to terminate health and welfare benefits for nearly 47,000 union and nonunion retirees. Read the Daily Bankruptcy Review article via The ... Read full article

Mikel R. Bistrow and Christopher Celentino have joined law firm Ballard Spahr LLP as partners in the San Diego office. Ms. Bistrow and Mr. ... Read full article

Party-goods supplier Event Rentals Inc. is kicking off the week in bankruptcy with a Monday auction of its assets. A group of the company’s senior lenders, including Cerberus Capital Management, has been approved as the lead bidder with a $124 million ... Read full article

Defunct bitcoin exchange Mt. Gox has given up its plan to rebuild under bankruptcy protection and said it has agreed with a Tokyo court on the first step toward liquidation. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Mark Karpeles attends a news conference at the Tokyo District Court in Tokyo on Feb. 28. Bloomberg Mt. ... Read full article

Bankruptcy attorney James Selbach is used to being told he’s overreacting. ... Read full article

The company behind the chemical spill that tainted the water supply of 300,000 people in West Virginia spent $1.9 million on attorneys and advisers in the first months of its bankruptcy case. ... Read full article

Leonard M. Rosen, a founder of New York law firm Wachtell, Lipton, Rosen & Katz. Leonard M. Rosen, a founding partner of elite New York law firm Wachtell, Lipton, Rosen & Katz, has died. ... Read full article

Downtown Detroit Paul Sancya/Associated Press Wayne State University is trying to pull college kids who are home in Michigan for the summer into the heart of Detroit with a ... Read full article