WSJcomBankruptcyBeat

New Bankruptcy Fees Coming Dec. 1

11/20/14
Gary Cameron/Reuters

Lawyers, pay attention—correcting a mistake in bankruptcy papers is going to cost you pretty soon.

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Chicago Sign Company Files Bankruptcy

11/19/14
Cars drive by the Chicago Theatre April 3, 2011 in Chicago.
Associated Press

A Chicago sign maker that’s done work for the Windy City’s thea

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Judge Approves More Fees for Nortel Advisers

11/19/14

The professionals working on the long-running U.S. bankruptcy case of defunct telecommunications company Nortel  raked in another $36 million this week.

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The Daily Docket: Madoff Bankruptcy Trustee Strikes Another Clawback Deal

11/19/14

An investment fund that parked all of its money with Bernard Madoff has agreed to give up $95 million for the benefit of Mr. Madoff’s victims in the second major settlement announced this week by the court-appointed official tracking down money tied to the biggest Ponzi scheme ever. Read Sara Randazzo’s Daily Bankruptcy Review story in The Wall Street Journal.

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The Daily Docket: Madoff Trustee Claws Back Another $500 Million

11/18/14

A new legal settlement will bring in nearly $500 million for Bernard Madoff ’s cheated investors, putting their total recovery to date above $10 billion. Read Jacqueline Palank’s Daily Bankruptcy Review story in The Wall Street Journal.

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Crisis of the Week: Apple’s Response to GT Advanced

11/18/14

The crisis experts this week were tasked with parsing the statements made by Apple Inc. related to its court fight with GT Advanced Technologies Inc.

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The Daily Docket: Mutual Fund Appeals Stockton Bankruptcy Ruling

11/17/14

Mutual fund giant Franklin Templeton Investments is appealing a judge’s decision to allow the city of Stockton, Calif., to exit bankruptcy under a plan that pays Franklin-managed funds a fraction of the $37 million owed them but makes full payments for the city’s pensions. Read the Daily Bankruptcy Review story in The Wall Street Journal.

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“New Jersey Champagne” Winery Enters Chapter 11

11/14/14

“New Jersey champagne” might sound like a sarcastic joke, but it’s really a thing, and the winery that invented it filed for Chapter 11 Thursday.

Renault Winery Inc. became so prominent among New Jerseyans for its champagne and other wines, in fact, that it earned Egg Harbor City, N.J. the unlikely nickname of “Wine City,” despite a very un-Napa like location 20 miles from Atlantic City.

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