Blog Detail
netDockets Corporate Restructuring & Bankruptcy Blog
http://www.netdocketsblog.com
The netDockets Corporate Restructuring and Bankruptcy Blog provides readers with a one-stop source for relevant news and commentary on topics relevant to the bankruptcy and restructuring world.
Recent Posts
deCODE genetics, Inc. Files for Bankruptcy, Asset Sale Planned
Late Monday evening, deCODE genetics, Inc. filed for chapter 11 bankruptcy protection in Delaware. The company, headquartered in Reykavik, Iceland , was incorporated in 1996 to engage "in gene discovery with the goal of bringing to market DNA-based ...
Wilkes Bashford Creditors\' Committee Appointed
The Office of the United States Trustee announced the appointment of an Official Committee of Unsecured Creditors in the chapter 11 bankruptcy case of The Wilkes Bashford Company . Wilkes Bashford, a high-end department store chain, filed for chapter...
Magna Entertainment Key Employee Incentive Plan Approved
Judge Mary Walrath of the U.S. Bankruptcy Court for the District of Delaware entered an order earlier today authorizing Magna Entertainment Corp. to implement its proposed key employee incentive plan (KEIP). Magna and certain affiliates filed for b...
Foamex Asks Court to Dismiss Chapter 11 Cases
Foamex International, Inc. and seven affiliates filed a motion on Wednesday asking the bankruptcy court to dismiss their chapter 11 cases for cause. Foamex voluntarily filed for chapter 11 protection in Delaware in February and subsequently pursued ...
Penn Traffic Files Chapter 11 for Third Time
The Penn Traffic Company and eight affiliates voluntarily filed for chapter 11 bankruptcy protection on Tuesday for the third time in the last decade. The companies are one of the largest food retailers in the Northeastern U.S. ($872 million in annu...
Numerous Preference Actions Brought in Two Large Bankruptcy Cases
Late last week and early this week, numerous adversary complaints were filed in two large bankruptcy cases seeking to recover alleged preferential transfers pursuant to section 547 of the Bankruptcy Code. Pursuant to section 547, certain transfers ma...

