05/09/14 - 09:07 AM EDT
Judge rules that reorganization plan unfairly discriminates against $1 billion in claims held by Dish Network chairman Charlie Ergen. Parties have until May 27 to reach an agreement or a mediator will be appointed.
04/29/14 - 12:05 PM EDT
Following months of speculation on when it would file for bankruptcy, private equity-backed Energy Future Holdings has commenced Chapter 11 proceedings to implement a restructuring that would split the company between creditors and eliminate more than $26 billion in debt.
03/14/14 - 11:53 AM EDT
Pizza chain Sbarro has won interim approval to use cash collateral and $20 million in debtor-in-possession financing as it aims to confirm a prepackaged reorganization plan.
03/10/14 - 11:56 AM EDT
The Italian restaurant chain plans to cut more than 80% of its outstanding debt in its second bankruptcy.
02/28/14 - 12:00 PM EST
Bitcoin exchange Mt. Gox has filed for bankruptcy in Tokyo after 850,000 bitcoins valued at about $475 million "disappeared."
02/12/14 - 05:05 PM EST
The power plant owner, backed by Bill Gates' Cascade Investments, gets $125 million DIP, but will have to sell assets.