Oct 03

Attorneys for bankrupt storage tank maker CST Industries Holdings Inc. told a Delaware judge Tuesday that it had reached a settlement resolving most of the outstanding objections to its proposed bidding and auction plan. read more
Oct 03

General Motors Co. argued Tuesday it should get to participate in an upcoming trial over whether a vehicle defect settlement with car purchasers and accident victims that was never signed by a GM bankruptcy trust is enforceable, as the deal could req read more
Oct 03

Specialty papermaker Appvion Inc. got Delaware bankruptcy court permission Tuesday to tap $65 million of its post-petition financing from first-lien lenders, kicking off a Chapter 11 case in which the company hopes to restructure more than $700 milli read more
Oct 03

An attorney for lenders of bankrupt Core Media, the producer of “American Idol,” urged a California judge Tuesday to keep hearing their suit that accuses Apollo Global Management and 21st Century Fox of interfering with their loan agreeme read more
Oct 03

A New York bankruptcy judge on Tuesday found the CEO of energy investment holding company Ampal-American Israel Corp. in contempt for failing to respond to discovery and denied his attorneys permission to withdraw until the issue is settled. read more