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Harry & David Brings On New CEO
The gourmet gift company emerged from Chapter 11 bankruptcy protection in September. Newly-chosen CEO Craig Johnson says he's learning about the company, and looking ahead to the upcoming holiday season. "The next thing we're going to do is really
Updated: 10/24/2011 09:21P

Burr & Forman LLP | Burr Alert: Same Issue + Different Reasoning = Same Result
Recharacterization of claims as equity rather than debt is a common issue in recent bankruptcy cases, but it is analyzed differently across the Burr & Forman LLP footprint1. The critical question is: Does the method of analysis really matter?
Updated: 10/24/2011 09:12P

Lender sues EpiCentre developers
The EpiCentre's new lender has sued the project's developers, accusing them of wrongfully diverting money from the troubled entertainment complex before filing for bankruptcy protection. Blue Air 2010 filed a lawsuit Sunday in federal
Updated: 10/24/2011 08:48P

Netflixmania (NASDAQ: NFLX)
Netflix appears to be on the net track towards bankruptcy protection. At the rate it is getting colder, by July of 2012 we will have all frozen to death. Straight line projections are as meaningless in the market as well... you had me until you talked
Updated: 10/24/2011 08:47P

Mastro associate appeals bankruptcy ruling on mansion
A former business associate of fugitive real-estate magnate Michael R. Mastro plans to appeal a bankruptcy judge's ruling denying him part of the proceeds from the sale last year of Mastro's Medina waterfront mansion. By Eric Pryne No comments have
Updated: 10/24/2011 08:16P

Pratt & Whitney: Utah's Raser caused own downfall
The company filed for bankruptcy under Chapter 11 provisions of the US Bankruptcy Code earlier this year. In September, after emerging from the protection of the bankruptcy court, the Provo-based Raser filed a lawsuit in the US District Court in
Updated: 10/24/2011 08:04P

PMI hires firms to weigh restructuring, faces pressure on loan payments
Walnut Creek-based PMI Group said Monday it has hired three companies that are experts in restructuring or bankruptcy efforts following the seizure of its main mortgage insurance unit. The company also warned it faces hundreds of
Updated: 10/24/2011 07:49P

Goldman Sachs Sued by Capmark to Recover $147 Million
Capmark, the commercial lender once a part of the former General Motors Corp., exited bankruptcy in September, co-owned by lower-ranking creditors, some of whom had fought with Goldman over the refinancing and the payments in bankruptcy court in
Updated: 10/24/2011 07:45P

Beartooth Electric Coop to fight Southern over refusal to seat member
BEC President Roxie Melton said Beartooth also considers subsequent actions by Southern's board -- filing for bankruptcy and immediately hiking wholesale power rates 20 percent to its members -- to be invalid. The Red Lodge-based rural co-op board
Updated: 10/24/2011 07:45P

Dynegy, creditors discuss unit's bankruptcy: sources (NEWS.GNOM.ES)
N) has been discussing with bondholders a plan to put a subsidiary into bankruptcy after bondholders shunned a $1.25 billion refinancing, sources told NEWS.GNOM.ES. The company has been struggling with a mountain of debt and its power business has been
Updated: 10/24/2011 07:43P

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