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Bankruptcy Litigation Blog


Some Thoughts on a GM Bankruptcy: An NPR Interview

Got a cold call today from NPR's Alex Blumberg, host of NPR's Planet Money, who interviewed me about the prospects and pitfalls of a GM bankruptcy.  Here are links to the NPR post and...

Started in Bankruptcy Litigation Blog • 1 week ago • 0 responses
Tags: bankruptcy in the news
Twin Picks of the Month - Part I: Davey's Required Bankruptcy Reading for December 2007

Last year, I posted "twin picks of the month" (here and here) in honor of the birth of my twin boys, Davey and Zack.  Well, they've just turned one, so it's time for another twin pick...

Started in Bankruptcy Litigation Blog • 1 month ago • 0 responses
Tags: recent articles of interest
Judge Peck Approves Barclays' Purchase of Lehman's Broker-Dealer Subsidiary

Just after midnight early today, Judge Peck entered this order approving the sale of Lehman's broker-dealer subsidiary (LBI) to Barclays and overruling all objections to the sale (identified...

Started in Bankruptcy Litigation Blog • 3 months ago • 0 responses
Tags: bankruptcy in the news
Examining the Limited Objections to Lehman's Shotgun Wedding

Lehman Brothers, Inc.'s sale to Barclays is a foregone certainty, but--as Judge Easterbrook reminds us here--the "devil is in the details" (origins of phrase here).  Scores of...

Started in Bankruptcy Litigation Blog • 3 months ago • 0 responses
Tags: bankruptcy in the news
Lehman's Shotgun Wedding Set for Hearing Tomorrow

In my last post, I reviewed the structure of Barclays' $5.7 billion offer to purchase Lehman's broker-dealer subsidiary.  The press has universally misquoted the purchase price as being...

Started in Bankruptcy Litigation Blog • 3 months ago • 0 responses
Tags: bankruptcy in the news
Barclays Submits Stalking Horse Bid for Lehman's Broker-Dealer Operations of About $5.7 Billion

Meanwhile, back at the ranch, Lehman has just filed this motion to approve postpetition financing and this motion to approve bid procedures for "the sale of the Purchased Assets" (i.e., the...

Started in Bankruptcy Litigation Blog • 3 months ago • 0 responses
Tags: bankruptcy in the news
Lehman Creditors' Committee Formed

Following up from yesterday's post, many are searching for a list of the creditors appointed to the Lehman Creditors' Committee.  The US Trustee has just filed this notice identifying the...

Started in Bankruptcy Litigation Blog • 3 months ago • 0 responses
Tags: bankruptcy in the news
Lehman Bankruptcy Update

Following up on yesterday's post... The case has been assigned to Judge James M. Peck (author of this important decision in the long-running Iridium litigation), who in 2006 adopted a lifestyle...

Started in Bankruptcy Litigation Blog • 3 months ago • 0 responses
Tags: bankruptcy in the news
Free Fall: Lehman Enters Chapter 11

Like many endeavors, it's important to start off on the right foot.  I don't think you'd call Lehman's bankruptcy filing today one such endeavor.  A well-planned bankruptcy case is...

Started in Bankruptcy Litigation Blog • 3 months ago • 0 responses
Tags: bankruptcy in the news
Recent Bankruptcy-Related Articles of Interest Available for Downloading from SSRN

Here are some general bankruptcy related articles of interest that are available for downloading from SSRN.  Their abstracted summaries follow: *** UNLV's Nancy B. Rapoport and Forensics...

Started in Bankruptcy Litigation Blog • 3 months ago • 0 responses
Tags: recent articles of interest