The Daily Docket: Judge Rules for Vitro Bondholders

06/14/12

A U.S. federal judge refused Wednesday to enforce Mexican glassmaker Vitro SAB’s controversial debt restructuring in a closely watched bankruptcy case that threatened to sever the cross-border business cooperation between the two nations’ legal systems. Read the Daily Bankruptcy Review article here.

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Eastman Kodak Co.’s bankruptcy judge on Wednesday said he won’t reject Apple Inc.’s ownership claims on certain Kodak patents but that his decision shouldn’t hinder Kodak from including them in a planned sale of its patent portfolio that the company hopes will lead to a successful restructuring. Read the DBR article via Nasdaq.

According to The Wall Street Journal, former Dewey & LeBoeuf LLP partner Henry Bunsow has accused the firm’s former leaders of running a Ponzi scheme.

Moody’s said the city of Stockton, Calif., is more likely to default on some of its debts as it nears the end of creditor talks aimed at staving off bankruptcy, Reuters reports.

The stock of Poland’s third-largest construction company, PBG SA, made gains as the company got the go-ahead to file for bankruptcy, Bloomberg reports.

CreditSlips looks at oral histories in bankruptcy cases.

Solyndra LLC’s headquarters is for sale, WSJ reports.

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