Tag Archives: chapter 11 bankruptcy


N.Y. Hedge Fund gets Chicago Reader, 5 other Weeklies

Chicago Sun-Times – The Chicago Reader, the local alternative weekly, is now under the control of Atalaya Capital Management, a New York-based hedge fund with no previous experience running newspapers. At a bankruptcy auction in Tampa on Tuesday, Atalaya successfully […]

Hearing on examiner in Magna bankruptcy postponed

Lexington Herald-Leader – A bankruptcy judge agreed Tuesday to postpone a hearing on a hedge fund’s request for the appointment of an examiner in horse track owner Magna Entertainment’s Chapter 11 bankruptcy case. At the request of attorneys, a hearing […]

Judge hears arguments in Magna bankruptcy

CNBC – Attorneys for a hedge fund are asking for the appointment of an examiner in horse track owner Magna Entertainment’s Chapter 11 bankruptcy case. A hearing was scheduled Tuesday on the request by Greenlight Capital Offshore Partners, which wants […]

General Growth files for bankruptcy protection

Reuters – General Growth Properties Inc GGP.N, the second largest U.S. mall owner, on Thursday filed for bankruptcy protection on Thursday, making it one of the biggest real estate bankruptcies in U.S. history. Ending months of speculation, the Chicago-based mall […]

TPG interested in Aleris DIP financing

Reuters – U.S. private equity firm TPG has expressed interest in providing debtor-in-possession (DIP) financing for Aleris International Inc, a company it bought in 2006, a source familiar with the situation told Reuters. The private equity firm wasn’t able to […]

Morrison & Foerster Hire NY Hedge Fund Lawyer Among Others

West Palm Beach (HedgeCo.net) – Morrison & Foerster LLP is announced the election of ten new lawyers into their partnership, including specialists in venture capital, hedge funds, bio-technology, patents, corporate transactions and chapter 11 bankruptcy, among others. Their election is effective […]