WSJcomBankruptcyBeat

Fugitive Treasure Hunter Tommy Thompson Arrested in Florida

01/30/15
This image from undated video provided by WSYX-TV shows the wanted billboard for fugitives Tommy Thompson and Alison Antekeier. The U.S. Marshals Service captured Mr. Thompson and Ms.
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Icahn Responds to Picketing Taj Mahal Employees

01/30/15
Unite Here Local 54 member Paul Smith, center, leads chants on Fifth Avenue as Taj Mahal casino workers rally outside Carl Icahn‘s office.
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The Daily Docket: Trump Taj Mahal Workers Protest Outside Icahn’s Office

01/30/15

A group of Atlantic City, N.J., casino workers rallied outside billionaire Carl Icahn ’s Manhattan office Thursday to protest benefit cuts made as part of a protracted battle to keep the Trump Taj Mahal from closing. The Wall Street Journal has the Daily Bankruptcy Review article here.

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After 450 Years, Maker of Squid-Guts Delicacy Seeks Bankruptcy Protection

01/30/15
Shio-kara, or salted squid guts, is shown in this company photo served over rice.
Minoya Kichibee

A steamed fish-paste maker founded during the feudal e

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Repeat Default Rates Rise Since Great Recession, Says Moody’s

01/29/15

Kicking the can down the road doesn’t seem to work for many distressed companies. The percentage of repeat defaulters since the Great Recession is running at more than double the historical average. That suggests that lax credit markets allowed troubled companies to paper over their problems without fixing them, according to a report Thursday by Moody’s Investors Service.

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Coming and Going Concerns

01/29/15

Emanuel Grillo has joined the bankruptcy and workouts group at Baker Botts. Mr. Grillo, who will be a partner at the firm, has represented creditors, debtors and trustees in restructurings. He has worked on such bankruptcy cases as Lehman Brothers Holdings Inc., Delphi Corp. and Silicon Graphics Inc. Most recently, Mr.

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Have Chapter 11 Restructurings Become Too Expensive?

01/29/15

It’s a new year, and The Examiners are back and are talking about the always-contentious issue of bankruptcy fees.

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