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(Reuters) – A judge ordered the appointment of an examiner for the bankruptcy of Dynegy Holdings LLC, after a bond trustee said an investigation was needed to determine whether bondholders were being treated fairly. The examiner will investigate a series of transactions that took place shortly before last month’s Chapter 11 filing by the holding company for power producer Dynegy Inc, which is …

For more than two decades, Bucks County residents who declared bankruptcy could avoid a trip to federal Bankruptcy Court in Center City and instead attend required meetings in the county – an important advantage for financially strapped people who don’t need the added transportation and parking costs.

Lehman Brothers Holdings Inc. has paid almost half a billion dollars in fees to restructuring firm Alvarez & Marsal LLC during its bankruptcy, according to a court filing.

A U.S. District Court judge in Delaware is considering whether to halt a bankruptcy court order approving a process for the Los Angeles Dodgers to sell the media rights to future games until he rules on a Fox Sports appeal.

December 20th, 2011

Does the bank take your house in bankruptcy?

No Comments, Bankruptcy News, by vortex debt group.

Dear Bankruptcy Adviser,If someone files bankruptcy, does the bank take his house? I spoke to someone looking to rent his house, but he says he can only rent month-to-month because he has filed bankruptcy. …

The federal judge overseeing Jefferson County’s bankruptcy is considering asking the Alabama Supreme Court for advice on whether to dismiss the biggest U.S. municipal bankruptcy.

AMR Corp.’s bankruptcy filing may open the door to reject leases on costly small jets and make deeper cuts in flying at American Airlines’ American Eagle regional unit.

The City Council has appealed a judge’s decision to throw out the bankruptcy petition of Pennsylvania’s debt-choked capital city, its attorney said.

December 8th, 2011

Bankruptcy judge begins hearing arguments

No Comments, Bankruptcy News, by vortex debt group.

An American bankruptcy judge began hearing testimony on Wednesday in a dispute between the Los Angeles Dodgers and Fox Sports over the Major League Baseball club’s media rights.