Bear Island

Bear Island Paper Can Distribute Liquidation Plan to Creditors, Judge Says

Bear Island Paper Co., a newsprint producer, won bankruptcy court approval to seek votes on its amended liquidation plan.

WaMu, Holley, EnPro, Bear Island, Lehman: Bankruptcy

Washington Mutual Inc. ’s official shareholders’ committee followed up on a suggestion made by the bankruptcy judge and filed another request for an examiner to investigate the merits of a proposed settlement with the Federal Deposit Insurance Corp. and JPMorgan Chase & Co.

Truvo, Tronox, Bear Island, Lehman, SCO: Bankruptcy

The Chapter 11 cases for units of Truvo Luxemburg Sarl, a Belgium-based publisher of directories, may test whether a U.S. bankruptcy court can or should eliminate debt on European companies that aren’t in bankruptcy in the U.S. or abroad.

Thompson, Bear Island, Trico, St. Vincent, Tribune, Daufuskie: Bankruptcy

Secured lenders to Thompson Publishing Holding Co. won’t be able to control the auction for the publisher of newsletters and loose-leaf services, as the result of rulings by U.S. Bankruptcy Judge Peter Walsh at a hearing this week.

Blockbuster, Bear Island, Thompson, Old GM, Meruelo Maddux: Bankruptcy

Blockbuster Inc. , the movie rental chain, received interim approval from a bankruptcy judge yesterday for $45 million in financing from a promised loan that will grow to $125 million at the final hearing on Oct. 19.

WaMu, Park Lafayette, Point Blank, Schutt: Bankruptcy

Washington Mutual Inc. told the bankruptcy judge in a court filing yesterday that the parties to the global settlement agreed to an extension of the confirmation deadline until Jan. 31.

Almatis, National Envelope, Flying J, FairPoint, Abitibi: Bankruptcy

Leslie Controls Inc., a subsidiary of Circor International Inc. , filed a Chapter 11 petition this morning in Delaware to implement a reorganization plan already negotiated with lawyers representing asbestos claimants.

Old GM, GSC Group, Innkeepers, Tronox: Bankruptcy

Old General Motors Corp ., now formally named Motors Liquidation Co., filed a proposed liquidating Chapter 11 plan and disclosure statement last night.

Innkeepers, Paulson Resorts, Townsends: Bankruptcy

Midland Loan Services Inc., the special servicer for $825 million in fixed-rate mortgages on property of Innkeepers USA Trust , filed papers on Feb. 1 objecting to the request by LNR Securities Holdings LLC and Appaloosa Management LP for the right to oppose the newly proposed Innkeepers reorganization structure.

Tribune, General Growth, Lehman, Tronox: Bankruptcy

Newspaper publisher Tribune Co. could end up being reorganized under the Chapter 11 plan filed on Sept. 17 by Oaktree Capital Management LP and Angelo Gordon & Co., whose funds hold what they say are several billion dollars in senior loan claims.

U.S. Bankruptcy Court

New York

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Canada

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