reporter, bankruptcy, The Deal
Recent Articles By The Author
LightSquared Denied Plan Confirmation
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.
Energy Future Lights up Chapter 11 Petition
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.
Sbarro Wins Approval For Chapter 11 Financing
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.
Sbarro Returns to Chapter 11 with Prepack
The Italian restaurant chain plans to cut more than 80% of its outstanding debt in its second bankruptcy.
Bitcoin Exchange Mt. Gox Files For Bankruptcy
Bitcoin exchange Mt. Gox has filed for bankruptcy in Tokyo after 850,000 bitcoins valued at about $475 million "disappeared."