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UPDATE 2-Hedge fund Diamondback to close after clients pull out

http://www.reuters.com/article/2012/12/06/hedgefunds-diamondback-idUSL1E8N63A820121206?feedType=RSS&feedName=bankruptcyNews UPDATE 2-Hedge fund Diamondback to close after clients pull out By Svea Herbst-Bayliss   BOSTON, Dec 6 (Reuters) – Hedge fund Diamondback Capital Management, one of a handful of firms embroiled in a government insider trading investigation, told investors it would close down after nervous clients demanded the return of more than a quarter… Continue Reading

Lon Morris College bankruptcy auction next month

http://www.ksla.com/story/20276730/lon-morris-college-bankruptcy-auction-next-month Lon Morris College bankruptcy auction next month Updated: Dec 07, 2012 TYLER, Texas (AP) – A bankruptcy judge in East Texas has approved a Jan. 14 sale date for the assets of Lon Morris College. The oldest junior college in Texas in July filed for bankruptcy protection. A judge in Tyler on Wednesday agreed… Continue Reading

Delaware bankruptcy judge rules on ex-priests’ files

http://www.delawareonline.com/viewart/20121205/NEWS01/121205028 Delaware bankruptcy judge rules on ex-priests’ files Dec 5, 2012     DOVER — A Delaware bankruptcy judge has granted motions filed by two former priests challenging the release of their personnel files as part of a settlement in the Catholic Diocese of Wilmington’s bankruptcy.  Charles Wiggins and Kenneth Martin both sought protective orders to prevent… Continue Reading

U.S. High Court Seeks View Of Solicitor General In Bankruptcy Exemption Case

http://www.lexisnexis.com/community/bankruptcylaw/blogs/mealeys/archive/2012/12/05/u-s-high-court-seeks-view-of-solicitor-general-in-bankruptcy-exemption-case.aspx 12/05/2012 04:36:14 PM EST U.S. High Court Seeks View Of Solicitor General In Bankruptcy Exemption Case Posted by LexisNexis® Mealey’s™ Bankruptcy Legal News   WASHINGTON, D.C. – The U.S. Supreme Court on Dec. 3 asked the U.S. solicitor general to provide perspective on whether a bankruptcy court has the power to levy a financial… Continue Reading

Dewey & LeBoeuf Partners Can Be Sued For Firm’s Collapse, Bankruptcy Judge Rules

http://www.lexisnexis.com/community/bankruptcylaw/blogs/mealeys/archive/2012/12/05/dewey-amp-leboeuf-partners-can-be-sued-for-firm-s-collapse-bankruptcy-judge-rules.aspx 12/05/2012 05:37:43 PM EST Dewey & LeBoeuf Partners Can Be Sued For Firm’s Collapse, Bankruptcy Judge Rules Posted by LexisNexis® Mealey’s™ Bankruptcy Legal News   NEW YORK – The federal bankruptcy judge presiding over the Chapter 11 bankruptcy of law firm Dewey & LeBoeuf on Nov. 29 gave the Official Committee of Unsecured Creditors… Continue Reading

Kodak Restructuring Officer: Bankruptcy Court Should OK Additional Financing

http://www.lexisnexis.com/community/bankruptcylaw/blogs/mealeys/archive/2012/12/05/kodak-restructuring-officer-bankruptcy-court-should-ok-additional-financing.aspx 12/05/2012 05:37:43 PM EST Kodak Restructuring Officer: Bankruptcy Court Should OK Additional Financing Posted by LexisNexis® Mealey’s™ Bankruptcy Legal News   NEW YORK – The chairman of the restructuring group in the Chapter 11 bankruptcy case of Eastman Kodak Co. on Nov. 19 filed a brief in the U.S. Bankruptcy Court for the Southern… Continue Reading

U.S. High Court Denies Stay Of Union Vote In American Airlines Chapter 11 Case

http://www.lexisnexis.com/community/bankruptcylaw/blogs/mealeys/archive/2012/12/05/u-s-high-court-denies-stay-of-union-vote-in-american-airlines-chapter-11-case.aspx 12/05/2012 05:37:44 PM EST U.S. High Court Denies Stay Of Union Vote In American Airlines Chapter 11 Case Posted by LexisNexis® Mealey’s™ Bankruptcy Legal News   WASHINGTON, D.C. – U.S. Supreme Court Justice Antonin Scalia on Nov. 27 issued a short order denying bankrupt American Airlines Inc.’s application to stay a Fifth Circuit U.S.… Continue Reading

Bankruptcy Judge Transfers Patriot Coal Chapter 11 Case To Missouri

http://www.lexisnexis.com/community/bankruptcylaw/blogs/mealeys/archive/2012/12/05/bankruptcy-judge-transfers-patriot-coal-chapter-11-case-to-missouri.aspx 12/05/2012 05:37:44 PM EST Bankruptcy Judge Transfers Patriot Coal Chapter 11 Case To Missouri Posted by LexisNexis® Mealey’s™ Bankruptcy Legal News   NEW YORK – A federal bankruptcy judge in New York on Nov. 27 transferred the Chapter 11 proceeding of Patriot Coal Corp. to a bankruptcy court in Missouri, ruling that in the… Continue Reading

Creditor Says Its Business Would Be Jeopardized If A123 Systems Rejects Contract

http://www.lexisnexis.com/community/bankruptcylaw/blogs/mealeys/archive/2012/12/05/creditor-says-its-business-would-be-jeopardized-if-a123-systems-rejects-contract.aspx 12/05/2012 05:37:44 PM EST Creditor Says Its Business Would Be Jeopardized If A123 Systems Rejects Contract Posted by LexisNexis® Mealey’s™ Bankruptcy Legal News   WILMINGTON, Del. – A creditor in the Chapter 11 bankruptcy of alternative energy company A123 Systems Inc. on Nov. 26 filed a brief in the U.S. Bankruptcy Court for the… Continue Reading

Satcon Creditors Oppose Deal That Would Lead To Incurring Post-Petition Trade Debt

http://www.lexisnexis.com/community/bankruptcylaw/blogs/mealeys/archive/2012/12/05/satcon-creditors-oppose-deal-that-would-lead-to-incurring-post-petition-trade-debt.aspx 12/05/2012 05:37:44 PM EST Satcon Creditors Oppose Deal That Would Lead To Incurring Post-Petition Trade Debt Posted by LexisNexis® Mealey’s™ Bankruptcy Legal News   WILMINGTON, Del. – A group of secured creditors in the Chapter 11 bankruptcy of alternative energy company Satcon Technology Corp. (STC) on Nov. 27 filed a brief in the U.S.… Continue Reading