VENTURE CAPITAL POST

The city of Detroit had gotten a USD350 million debtor-in-possession financing from Barclays Plc after filing for bankruptcy last July.

The noteholders of GM Nova Scotia used a local law loophole to allow its earnings to double from the bankruptcy proceedings.

A court-appointed trustee asked a bankruptcy judge to return more funds to MF Global Holdings' clients, said a Reuters report.

The first Gulf region company that would come out of bankruptcy places many Western courts at a quandary on Islamic finance.

The publisher of Penthouse magazine, FriendFinder Networks, filed for Chapter 11 bankruptcy.

After unwinding the most complex bankruptcy case in history, Lehman Bros would be paying out full value to its European creditors.

OGX Petroleo, Eike Batista's flagship company, may seek more financial assistance from bondholders to avoid seeking bankruptcy protection.

In documents filed by Dish Network's lawyers, they reiterate the five year ban agreed to by Falcone as well as the lack of evidence as cogent and sufficient reasons for the dismissal of the case filed by Harbinger Capital Partners.

Edge Products filed for bankruptcy, a court filing showed.

Edge Products, the manufacturer of high quality parts for vehicle manufacturers, recently filed for Chapter 11 bankruptcy protection.

After filing bankruptcy protection last year, Kodak said last Tuesday that it had finally exited bankruptcy.

Public labor unions asked a US court to throw out Detroit's bankruptcy filing on various grounds.

Eastman Kodak was cleared by bankruptcy court to begin the company's restructuring.

The leading Hungarian tour company, Best Reisen Ltd announced bankruptcy after big losses on its Egypt and Tunisia tour packages.

Judge Denise Cote ruled that Ally's Residential Capital LLC (ResCap) can still be sued by the Federal Housing Finance Agency despite declaring bankruptcy.