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Judge appoints mediator in Dodgers bankruptcy
(AP) — The judge presiding over the Los Angeles Dodgers bankruptcy case has formally appointed a mediator, who is charged with trying to get the team and Major League Baseball to settle their differences over a reorganization plan for the Dodgers.
Updated: 10/04/2011 12:02P
Washington Mutual sees path to quick confirmation of Chapter 11 plan
Washington Mutual Inc. said it could end its three-year bankruptcy by November, allowing it to distribute $7 billion to creditors, if a judge limits the scope of outstanding disputes to be mediated. Washington Mutual has languished in Chapter 11
Updated: 10/04/2011 12:00P
Donnan withdraws $5.5M settlement proposal
Donnan attorney Ed Tolley said at a Tuesday court hearing he was withdrawing the $5.5 million settlement the ex-coach brokered with the West Virginia-based liquidation company GLC Ltd. The move came after US Bankruptcy Judge James Smith said the deal
Updated: 10/04/2011 12:00P
Anderson racino emerges from bankruptcy
The parent company of Anderson racetrack and casino Hoosier Park has officially emerged from bankruptcy. A newly structured company, Indianapolis-based Centaur Holdings LLC, has taken over ownership from parent Centaur Inc. The court approved Centaur's
Updated: 10/04/2011 12:00P
Ex-UGA coach withdraws $5.5M settlement proposal
Donnan attorney Ed Tolley said at a Tuesday court hearing he was withdrawing the $5.5 million settlement the ex-coach brokered with the West Virginia-based liquidation company GLC Ltd. The move came after US Bankruptcy Judge James Smith said the deal
Updated: 10/04/2011 12:00P
Seahawk banktruptcy plan in effect Tuesday
A bankruptcy plan filed by Houston-based Seahawk Drilling Inc. becomes effective Tuesday, when the company's assets will be moved to a liquidating trust. The US Bankruptcy Court in Corpus Christi approved the Chapter 11 reorganization plan in April,
Updated: 10/04/2011 11:59A
Tuesday's ETF To Watch: Guggenheim Airline ETF (FAA, LUV, AMR, UAL, DAL)
While worries over Europe and global growth certainly weighed on the airlines, yesterday's fall was undoubtedly thanks to rumors of bankruptcy at American Airlines (NYSE:AMR). Rumors of AMR's possibly bankruptcy quickly swept through the markets in
Updated: 10/04/2011 11:59A
DODGERS: Judge appoints mediator in bankruptcy case
AP The judge presiding over the Los Angeles Dodgers bankruptcy case has formally appointed a mediator, who is charged with trying to get the team and Major League Baseball to settle their differences over a reorganization plan for the Dodgers.
Updated: 10/04/2011 11:57A
What's next for Kodak retirees?
All the buzz about Kodak hiring bankruptcy lawyers has investors, employees and retirees wondering and waiting. They want to know what's next -- what does the future hold for Kodak? For retirees who are depending on Kodak stock to carry them through
Updated: 10/04/2011 11:57A
Cerberus lays out plan for Innkeepers trial-filing
Innkeepers then sued the firms, and a trial begins in bankruptcy court next week. Most deals -- both in and out of bankruptcy court -- have material adverse event clauses built into them. In a court filing on Tuesday, Cerberus and Chatham laid out the
Updated: 10/04/2011 11:55A
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