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<title><![CDATA[RSS for Bankruptcy Court]]></title>
<description><![CDATA[Watch breaking news videos and read news updates about Bankruptcy Court on FOXBusiness.com.]]></description>
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<title><![CDATA[Arcapita Fights $70 Million Claim as Plan Confirmation Nears]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/20/arcapita-fights-70-million-claim-as-plan-confirmation-nears/?]]></link>
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<pubDate><![CDATA[Mon, 20 May 2013 14:25:19 EDT]]></pubDate>
<description><![CDATA[Arcapita Bank said an energy company's fraud claim stemming from Arcapita's sale of Texas natural-gas assets should be pushed behind the claims of other creditors.]]></description>
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<title><![CDATA[Revstone Gets an Extension to File Its Chapter 11 Plan]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/17/revstone-gets-extension-to-file-its-chapter-11-plan/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/17/revstone-gets-extension-to-file-its-chapter-11-plan/</guid>
<pubDate><![CDATA[Fri, 17 May 2013 12:55:24 EDT]]></pubDate>
<description><![CDATA[Revstone Industries LLC will continue to control its bankruptcy case for at least two more months as it seeks to auction a group of its assets.]]></description>
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<title><![CDATA[Goldman Wins Right to Lend Arcapita $350 Million for Chapter 11 Exit]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/15/goldman-wins-right-to-lend-arcapita-350-million-for-chapter-11-exit/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/15/goldman-wins-right-to-lend-arcapita-350-million-for-chapter-11-exit/</guid>
<pubDate><![CDATA[Wed, 15 May 2013 15:39:01 EDT]]></pubDate>
<description><![CDATA[Goldman Sachs Group Inc. (GS) beat out Fortress Investment Group LLC (FIG) for the right to lend Arcapita Bank up to $350 million that would ease the Bahraini investment firm out of Chapter 11 bankruptcy.]]></description>
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<title><![CDATA[Southwest CEO Says All You Need Is LUV]]></title>
<link><![CDATA[http://www.foxbusiness.com/industries/2013/05/15/southwest-ceo-says-all-need-is-luv/?]]></link>
<guid>http://www.foxbusiness.com/industries/2013/05/15/southwest-ceo-says-all-need-is-luv/</guid>
<pubDate><![CDATA[Wed, 15 May 2013 12:28:41 EDT]]></pubDate>
<description><![CDATA[Profitable for 40 straight years, there are plenty of theories as to how Southwest succeeds where most other carriers fail. But CEO Gary Kelly says it comes down to love.]]></description>
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<title><![CDATA[ResCap Creditors Reach Agreement in Principle With Ally]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/14/rescap-creditors-reach-agreement-in-principle-with-ally/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/14/rescap-creditors-reach-agreement-in-principle-with-ally/</guid>
<pubDate><![CDATA[Tue, 14 May 2013 12:25:04 EDT]]></pubDate>
<description><![CDATA[Ally Financial Inc. said Tuesday it reached agreement with its bankrupt mortgage subsidiary Residential Capital to settle outstanding claims between the companies and ResCap's creditors.]]></description>
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<title><![CDATA[As Detroit emergency manager readies fix-it plan, hard work ahead]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/12/as-detroit-emergency-manager-readies-fix-it-plan-hard-work-ahead/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/12/as-detroit-emergency-manager-readies-fix-it-plan-hard-work-ahead/</guid>
<pubDate><![CDATA[Sun, 12 May 2013 14:52:18 EDT]]></pubDate>
<description><![CDATA[Six weeks into his work as Detroit's emergency manager, former bankruptcy lawyer Kevyn Orr has found the city's finances in worse shape than expected, with long-term debt at $15 billion, $2 billion worse than figures disclosed before he took the job.]]></description>
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<title><![CDATA[Peregrine Financial may have "viable" claims versus banks: trustee]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/10/peregrine-financial-may-have-viable-claims-versus-banks-trustee/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/10/peregrine-financial-may-have-viable-claims-versus-banks-trustee/</guid>
<pubDate><![CDATA[Fri, 10 May 2013 14:36:47 EDT]]></pubDate>
<description><![CDATA[Peregrine Financial Group's bankruptcy estate may have "viable" claims against JPMorgan Chase & Co and U.S. Bancorp for harm done to clients of the now-failed brokerage, and may pursue them in court, Peregrine's trustee said in a filing this week.]]></description>
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<title><![CDATA[Negotiations Push Release of ResCap Examiner's Report to Monday]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/10/negotiations-push-release-rescap-examiner-report-to-monday/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/10/negotiations-push-release-rescap-examiner-report-to-monday/</guid>
<pubDate><![CDATA[Fri, 10 May 2013 14:01:36 EDT]]></pubDate>
<description><![CDATA[An independent examiner investigating Residential Capital LLC's relationship with parent Ally Financial Inc. will release his report Monday afternoon, a lawyer for the examiner said in a filing Friday, citing progress in negotiations between creditors and Ally.]]></description>
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<title><![CDATA[WEEK AHEAD: Macy's, Wal-Mart to Report; Pricing, Consumer Data Due]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/10/week-ahead-macys-wal-mart-to-report-pricing-consumer-data-due/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/10/week-ahead-macys-wal-mart-to-report-pricing-consumer-data-due/</guid>
<pubDate><![CDATA[Fri, 10 May 2013 13:46:18 EDT]]></pubDate>
<description><![CDATA[Investors are gearing up for next week's slew of quarterly reports from some of the largest U.S. retailers.]]></description>
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<title><![CDATA[American Air, US Airways Take Steps Toward Worker Integration]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/10/american-air-us-airways-take-steps-toward-worker-integration/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/10/american-air-us-airways-take-steps-toward-worker-integration/</guid>
<pubDate><![CDATA[Fri, 10 May 2013 12:45:02 EDT]]></pubDate>
<description><![CDATA[American Airlines is seeking bankruptcy-court approval for its plans to integrate its union workers with those of US Airways Group Inc. (LCC) upon the completion of the carriers' merger later this year.]]></description>
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<title><![CDATA[ResCap creditors, Ally nearing deal on billions in claims]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/10/rescap-creditors-ally-nearing-deal-on-billions-in-claims/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/10/rescap-creditors-ally-nearing-deal-on-billions-in-claims/</guid>
<pubDate><![CDATA[Fri, 10 May 2013 12:33:38 EDT]]></pubDate>
<description><![CDATA[Creditors of bankrupt Residential Capital LLC are nearing a deal to settle billions of dollars of claims against the mortgage lender's parent, Ally Financial Inc , a development that prompted a delay in a much-anticipated report on ResCap's failure.]]></description>
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<title><![CDATA[ResCap Examiner's Report Set for Release on Monday]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/10/rescap-examiner-report-set-for-release-on-monday/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/10/rescap-examiner-report-set-for-release-on-monday/</guid>
<pubDate><![CDATA[Fri, 10 May 2013 12:15:02 EDT]]></pubDate>
<description><![CDATA[An independent examiner investigating Residential Capital LLC's relationship with parent Ally Financial Inc. will release his report Monday afternoon, a lawyer for the examiner said in a filing Friday, citing progress in negotiations between creditors and Ally.]]></description>
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<title><![CDATA[Paulson hedge fund puts hotel unit in bankruptcy to escape lawsuit]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/09/paulson-hedge-fund-puts-hotel-unit-in-bankruptcy-to-escape-lawsuit/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/09/paulson-hedge-fund-puts-hotel-unit-in-bankruptcy-to-escape-lawsuit/</guid>
<pubDate><![CDATA[Thu, 09 May 2013 17:43:50 EDT]]></pubDate>
<description><![CDATA[Billionaire investor John Paulson has put a real estate unit of his hedge fund into bankruptcy to thwart a lawsuit by a lender that claims it is owed tens of millions of dollars related to the recent sale of several luxury resorts.]]></description>
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<title><![CDATA[3.25 Billion in Loans for AMR OK'd to Fuel Bankruptcy Exit]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/09/325-billion-in-loans-for-amr-okd-to-fuel-bankruptcy-exit/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/09/325-billion-in-loans-for-amr-okd-to-fuel-bankruptcy-exit/</guid>
<pubDate><![CDATA[Thu, 09 May 2013 13:45:02 EDT]]></pubDate>
<description><![CDATA[AMR Corp. (AAMRQ) on Thursday received a judge's approval of up to $3.25 billion in new financing secured by its Latin American assets, money the American Airlines parent plans to use to exit its Chapter 11 bankruptcy and complete its merger with US Airways Corp. (LCC).]]></description>
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<title><![CDATA[Chapter 13 Bankruptcy: How it Works]]></title>
<link><![CDATA[http://www.foxbusiness.com/personal-finance/2013/04/19/chapter-13-bankruptcy-how-it-works/?]]></link>
<guid>http://www.foxbusiness.com/personal-finance/2013/04/19/chapter-13-bankruptcy-how-it-works/</guid>
<pubDate><![CDATA[Thu, 09 May 2013 09:30:00 EDT]]></pubDate>
<description><![CDATA[Unlike Chapter 7 liquidation plans, Chapter 13s give filers a chance to pay off debts over three to five years -- but they rarely turn out as planned.]]></description>
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<title><![CDATA[Bondholders Say ResCap Shouldn't Be Able to Use Cash]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/08/bondholders-say-rescap-shouldnt-be-able-to-use-cash/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/08/bondholders-say-rescap-shouldnt-be-able-to-use-cash/</guid>
<pubDate><![CDATA[Wed, 08 May 2013 14:30:13 EDT]]></pubDate>
<description><![CDATA[The battle continues between Residential Capital LLC and a group of its bondholders, who say ResCap shouldn't be allowed to spend cash that they say secures their bonds.]]></description>
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<title><![CDATA[Lenders Led by Credit Suisse Win ATP Auction]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/07/lenders-led-by-credit-suisse-win-atp-auction/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/07/lenders-led-by-credit-suisse-win-atp-auction/</guid>
<pubDate><![CDATA[Tue, 07 May 2013 17:15:09 EDT]]></pubDate>
<description><![CDATA[Secured lenders led by Credit Suisse AG (CS) have been declared winners of an auction for the oil and gas drilling assets of ATP Oil & Gas Corp. (ATPAQ) with an offer of $690.8 million, court papers say.]]></description>
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<title><![CDATA[Will HELOC Stay on Credit Report Post-Bankruptcy?]]></title>
<link><![CDATA[http://www.foxbusiness.com/personal-finance/2013/05/07/will-heloc-stay-on-credit-report-post-bankruptcy/?]]></link>
<guid>http://www.foxbusiness.com/personal-finance/2013/05/07/will-heloc-stay-on-credit-report-post-bankruptcy/</guid>
<pubDate><![CDATA[Tue, 07 May 2013 16:45:00 EDT]]></pubDate>
<description><![CDATA[Taking your name off a loan with your ex involves more than an agreement or bankruptcy.]]></description>
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<title><![CDATA[U.S. Court Refuses to Delay Nortel Trial over $7.3 Billion]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/07/us-court-refuses-to-delay-nortel-trial-over-73-billion/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/07/us-court-refuses-to-delay-nortel-trial-over-73-billion/</guid>
<pubDate><![CDATA[Tue, 07 May 2013 14:25:05 EDT]]></pubDate>
<description><![CDATA[A U.S. bankruptcy judge on Tuesday said the trial over $7.3 billion in cash raised in the liquidation of Nortel Networks Corp. (NRTLQ) won't be held up while European creditors pursue what he called a "frivolous" appeal.]]></description>
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<title><![CDATA[Judge Lets ResCap Control Bankruptcy Case for 30 More Days]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/07/judge-lets-rescap-control-bankruptcy-case-for-30-more-days/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/07/judge-lets-rescap-control-bankruptcy-case-for-30-more-days/</guid>
<pubDate><![CDATA[Tue, 07 May 2013 12:36:09 EDT]]></pubDate>
<description><![CDATA[A judge on Tuesday gave Residential Capital LLC 30 more days to file a reorganization plan without the threat of rival proposals, approving a compromise between ResCap and its official committee of unsecured creditors.]]></description>
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