Bankruptcy News:

Showdown over Six Flags begins in bankruptcy court (Reuters)
WILMINGTON, Delaware (Reuters) - Warring creditors of Six Flags Inc take their battle for the theme park operator before a bankruptcy judge on Monday, with the outcome likely hanging on how much debt the company can afford.


(AFX UK Focus) 2010-03-08 17:21 Chapman tapped as newest N.Y. bankruptcy judge (Interactive Investor)
NEW YORK, March 8 (Reuters) - Shelley Chapman has been tapped as the newest U.S. bankruptcy judge for New York's southern district, her former firm said on Monday. The appointment of Chapman, previously a partner at Willkie Farr & Gallagher LLP's business reorganization and restructuring group, became effective March 5, the firm said. Chapman joined Willkie in 2001 as a partner, building a ...


(AFX UK Focus) 2010-03-09 17:20 UPDATE 2-Orange Co Register publisher to exit bankruptcy (Interactive Investor)
By Tom Hals


Annie Leibovitz keeps photo rights in debt deal (Guardian Unlimited)
Top photographer Annie Leibovitz has struck a deal with a private equity firm that will solve the financial crisis that threatened her with bankruptcy last year.


(AFX UK Focus) 2010-03-09 00:16 UPDATE 1-Tropicana casinos exit bankruptcy under Icahn deal (Interactive Investor)
By Emily Chasan


(AFX UK Focus) 2010-03-09 00:18 UPDATE 1-Tropicana casinos exit bankruptcy under Icahn deal (Interactive Investor)
By Emily Chasan


(AFX UK Focus) 2010-03-08 21:55 UPDATE 1-Six Flags' CFO takes stand in bankruptcy showdown (Interactive Investor)
By Tom Hals


(AFX UK Focus) 2010-03-08 19:59 Extended Stay hotels could exit bankruptcy in June (Interactive Investor)
By Emily Chasan


(AFX UK Focus) 2010-03-09 18:00 No end user exemptions for CDS - CFTC's Gensler (Interactive Investor)
WASHINGTON, March 9 (Reuters) - Congress should not allow any end-user exemptions for trading and clearing of credit default swaps, a financial instrument blamed for contributing to the recent financial crisis, the head of the Commodity Futures Trading Commission said on Tuesday. While reform efforts in Congress have not yet addressed bankruptcy laws and the role CDS can play in bankruptcies ...


(AFX UK Focus) 2010-03-08 14:32 Showdown over Six Flags begins in U.S. bankruptcy court (Interactive Investor)
By Tom Hals








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