bankruptcy

  • Kodak prepares for bankruptcy

    Nearly two weeks after Eastman Kodak Co. announced a major change in leadership, rumors are circulating that the 131-year-old photography company is preparing to file for bankruptcy in the next few weeks.

  • Litigation: A Stern gift that keeps on giving

    In Stern v. Marshall, the Supreme Court held that a non-Article III court, such as a bankruptcy court, may only constitutionally determine “public rights,” such as the resolution of a proof of claim filed in a bankruptcy, and not private rights, such as those to augment the estate.

  • WaMu reaches settlement with shareholders and creditors

    Washington Mutual Inc. has been floundering in the waters of Chapter 11 bankruptcy ever since it went under in September 2008 (the largest bank in U.S. history to ever fail).

  • Kodak hires new restructuring lawyers

    Things are hardly picture-perfect over at Eastman Kodak Co. The photographic equipment company has selected a new law firm to handle its restructuring as part of its ongoing struggle to avoid bankruptcy.

  • Reviewing 6 of November's top stories

    Updates on InsideCounsel's biggest stories this month

  • American Airlines files for Chapter 11 bankruptcy

    American Airlines followed in the footsteps of its rival companies Delta and United when it filed for Chapter 11 bankruptcy this morning.

  • 7 banks targeted over MF Global collapse

    Ripples from the collapse of MF Global are reaching the courtroom, as investors begin the effort to recover their money. A pair of pension funds filed a lawsuit Friday against seven banks that helped the futures brokerage sell bonds, claiming the bonds’ offering prospectuses hid significant problems.

  • FBI probe continues MF Global’s downward spiral

    MF Global Holdings Ltd.’s collapse into bankruptcy on Monday has led the FBI to investigate whether at least $700 million in customer funds is missing.

  • End to Lehman’s bankruptcy in sight

    Lehman Bros. announced yesterday that its reorganization plan has the support of its creditors, who hold $160 billion in claims, and the global financial services firm may soon see an end to its bankruptcy nightmare.

  • Kodak may consider bankruptcy filing to aid patent sale

    This is no Kodak moment. The 131-year-old camera company has not been profitable since 2007 and is in talks with potential bidders for its patent portfolio, which could rake in about $3 billion, according to an estimate by MDB Capital Group.

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