News Topic: WSJcomBankruptcyBeat

Private-equity firm Centerbridge Partners LP backed out of a deal to acquire LightSquared amid uncertainty over when federal regulators would clear the way for the company to build out its wireless network, The Wall Street Journal reports . ... Read full article

Timothy J. Dance has joined law firm Snell & Wilmer LLP as a member of the bankruptcy group. Mr. Dance, who’s a member of the American Bankruptcy Institute, concentrates his work on bankruptcy, foreclosure, creditors’ rights and receivership and has ... Read full article

Jin Lee/Bloomberg During Loehmann’s second bankruptcy-court appearance Wednesday, the company announced that it would continue be honor store credits from returned merchandise throughout its liquidation sales. ... Read full article

This week on The Broke and the Beautiful, Rhode Island’s governor blasts Curt Schilling’s 38 Studios and Taylor Swift helps out the Nashville Symphony. Also, another N-Dubz member is in financial trouble. ... Read full article

Health-care company Aurora Diagnostics Holdings LLC hired restructuring advisers, The Wall Street Journal reports . ... Read full article

Timothy J. Dance has joined law firm Snell & Wilmer LLP as a member of the bankruptcy group. Mr. Dance, who’s a member of the American Bankruptcy Institute, concentrates his work on bankruptcy, foreclosure, creditors’ rights and receivership and has ... Read full article

Plastic-container maker Constar International Holdings LLC on Thursday returned to bankruptcy for the third time, and is marching toward the auction block. Read the Daily Bankruptcy Review article here . ... Read full article

Jin Lee/Bloomberg During Loehmann’s second bankruptcy-court appearance Wednesday, the company announced that it would continue be honor store credits from returned merchandise throughout its liquidation sales. ... Read full article

Jin Lee/Bloomberg Judge Martin Glenn said it best during Loehmann’s first bankruptcy hearing Monday: “The headline oughta be that anyone holding a store credit better rush to the store and spend it because after ... Read full article

Manuel Balce Ceneta/Associated Press In this June 4, 2013 file photo, President Barack Obama gestures while speaking in the Rose Garden of the White House in Washington to an ... Read full article

Private-equity firm Centerbridge Partners LP backed out of a deal to acquire LightSquared amid uncertainty over when federal regulators would clear the way for the company to build out its wireless network, The Wall Street Journal reports . ... Read full article

The U.S. Bankruptcy Court in Manhattan is losing two veteran judges to retirement next year. Judge James Peck, who presided over the historic Lehman Brothers Chapter 11, will retire at the end of next month, and Kodak Judge Allan L. Gropper will step down ... Read full article

A federal judge says corporate bankruptcy lawyers and advisers to err on the side of transparency when seeking court approval for the “handsome” fees they charge their clients. A kerfuffle over professional fees in the bankruptcy case of investment firm ... Read full article

Detroit’s bankruptcy judge allowed appeals of the city’s bankruptcy eligibility ruling and the pension ruling, the Detroit Free Press reports . ... Read full article

Detroit’s bankruptcy judge allowed appeals of the city’s bankruptcy eligibility ruling and the pension ruling, the Detroit Free Press reports . ... Read full article

EPA Restructuring enthusiasts, mark your calendars. In December 2014, the industry’s top professionals are expected to release a report on how to modernize the aging U.S. ... Read full article

Discount retailer Loehmann’s filed for Chapter 11 protection for the second time since 2010. Read the Daily Bankruptcy Review article here . The operator of the Fox & Hound and Champps restaurants filed for Chapter 11 protection Sunday. Read the DBR ... Read full article

Associated Press The crash site of the train derailment and fire in Lac-Megantic, Quebec. By Carolyn King  ... Read full article