Texas Rangers Bankruptcy Judge: “This is like one of those baseball movies…”
If you thought the Texas Rangers bankruptcy drama had ended, it seems that it is just getting started. Most recently bankruptcy judge Michael Lynn quipped that "This is like one of those baseball movies...
Bankruptcy Bidding War: Major League Baseball Stands Out As The Winner
Bankruptcy Judge Michael Lynn said he had never before seen a fight over who would provide Chapter 11 bankruptcy financing for a bankruptcy company because securing such financing is usually an uphill battle. But...
Judge Approves Independent Examiner For Tribune Bankruptcy Case
Bankruptcy judge Kevin Carey, who is presiding over Tribunes' Chapter 11 bankruptcy case, approved an independent examiner to review the 2007 leveraged buyout of the media conglomerate and the potential claims arising from it...
Bankruptcy Court Decision Causes Withdrawal Of General Growth Bidder
Simon Property Group Inc., which for months was involved in a campaign to acquire General Growth which is in Chapter 11 bankruptcy y, recently withdrew its bid due to a bankruptcy court decision that...
Freedom Communications Emerges From Chapter 11 Bankruptcy
Freedom Communications Inc., the publisher of many newspapers around the country known for their libertarian views, has finally emerged from Chapter 11 bankruptcy, their debt loand $450 million lighter; but also under new ownership...
Brown Media Holdings Files Chapter 11 Bankruptcy
Brown Media Holdings, a 90-year-old family-owned company with 18 daily and 27 weekly newspapers in 10 states, filed for Chapter 11 bankruptcy with over $95 million in debt. The company, which is hoping to...
Six Flags Inc. Emerges From Chapter 11 Bankruptcy
Six Flags Inc. has emerged from Chapter 11 bankruptcy after a yearlong bankruptcy process that faced numerous obstacles. The company's Chapter 11 bankruptcy has allowed it to reduce its debt load by $1.7 billion...