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  1. Atlantic City's Revel Casino says closure will help it find a buyer


    Mon, 18 Aug 2014

    Aug 18 (Reuters) - Atlantic City's Revel Casino Hotel is still seeking bidders in bankruptcy court , but its ability to find a buyer will improve once it closes and stops "bleeding money," its attorney said at a hearing on Monday.

  2. Eagle Bulk files prepackaged bankruptcy plan, aims to continue operations


    Wed, 6 Aug 2014

    than 85% of the loans outstanding under its credit agreement, exceeding the two-thirds threshold needed to gain bankruptcy court confirmation of the plan. EGLE also has obtained a commitment for up to $50M of debtor-in-possession financing

  3. General Motors tries to push off some lawsuits to 'old' GM


    Mon, 4 Aug 2014

    liability in some cases involving economic damages and minor accidents prior to the GM bankruptcy. In a filing with the bankruptcy court in Manhattan, the company says "old" GM is liable in many of the cases. 3 comments!

  4. U.S. judge strikes sealing order over Garlock asbestos liability


    Thu, 24 Jul 2014

    July 24 (Reuters) - A North Carolina federal judge has struck down a bankruptcy court ruling that sealed evidence and testimony about gasket maker Garlock Sealing Technologies' liability for asbestos...

  5. Detroit workers, retirees vote in favor of city's debt plan


    Tue, 22 Jul 2014

    July 21 (Reuters) - Detroit's city workers and retirees voted in favor of the city's debt adjustment plan, according to voting results filed late on Monday in U.S. Bankruptcy Court , in what should...

  6. BlackBerry: Never Mind The Bears, I Won't Sell Below $30


    Tue, 8 Jul 2014

    turn off the lights at BlackBerry and its cash burn would send the once high-flying smartphone maker straight into bankruptcy court . However, under leadership of Chen, BlackBerry has cleaned out the house at the end of last year and Complete

  7. Bankruptcy court says USEC can seek creditor vote on reorganization plan


    Mon, 7 Jul 2014

    USEC ( USU -22.1% ) wins bankruptcy court approval to seek creditor votes on a plan to hand control to noteholders that would swap convertible notes and all of USEC

  8. REFILE-U.S. judge approves $135.7 mln sale of Brookstone to investor consortium


    Mon, 23 Jun 2014

    June 23 (Reuters) - Retailer Brookstone Inc announced on Monday that a federal bankruptcy court judge in Delaware has approved its sale to a consortium of Chinese investors that will run its 240...

  9. Settlement reached over Detroit bonds -court mediators


    Fri, 13 Jun 2014

    June 13 (Reuters) - A settlement over the treatment of outstanding limited-tax general obligation bonds in Detroit's historic bankruptcy case has been reached, U.S. Bankruptcy Court mediators...

  10. Bankrupt Energy Future and creditors to clash over loans, value


    Wed, 4 Jun 2014

    June 4 (Reuters) - Texas power giant Energy Future Holdings will square off against creditors in bankruptcy court on Thursday over a key question: will borrowing billions of dollars prop up the...

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