The Daily Docket: Lehman Still Owns Billions in Real Estate and Priv...
The slow-but-sure liquidation of Lehman Brothers Holdings Inc.’s assets continued during the first half of 2014, as the failed investment bank still had more than $4 billion in private equity and real estate assets as of June 30. Read the Daily Bankruptcy Review article in Private Equity Beat.
(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit our homepage, scroll to the bottom and click “try for free.”)
Energy Future Holdings Corp. doesn’t have to name names of the contenders as it searches for a lead bidder to open an auction for rights to its valuable Oncor stake, a bankruptcy judge said Thursday. Read the DBR article in The Wall Street Journal.
According to WSJ, RadioShack Corp. made a financing deal with hedge fund Standard General LP that will help the company’s cash problems ahead of the holidays.
The U.S. Supreme Court agreed on Thursday to delve into an issue dear to bankruptcy professionals—how much they can get paid. Read the DBR article via WSJ.
Detroit’s emergency manager said fights with the city’s toughest creditors would have been costly, the Associated Press reports.
Oilfield equipment supplier Quality Lease & Rental Holdings LLC filed for Chapter 11 protection, Bloomberg reports.
Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa.
[more]- Feeds Categories:
