Today’s top bankruptcy news: Westlaw News & Insight

October 19, 2010

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Here are some of today’s top stories from the Bankruptcy site.

U.S. Bankruptcy Court signage (REUTERS) Lehman bankruptcy a $1 billion payday for advisers
NEW YORK, Oct 18 (Reuters Legal) – When Lehman Brothers collapsed, a whole lot of money vanished with it. Its bankruptcy, on the other hand, just keeps on paying..
WaMu signage on building (REUTERS) WaMu’s disclosure statement to get court hearing
WILMINGTON, Del., Oct 18 (Reuters Legal) – Washington Mutual Inc. was cleared on Monday to begin court hearings to approve its disclosure statement, which will allow the bank holding company to seek a creditor vote on its reorganization to end its two-year bankruptcy.
Goldman Sachs signage (REUTERS) Goldman gives bankrupt Tronox better deal on exit financing
Oct 15 (Reuters Legal) – Tronox Inc. secured more favorable terms on its $425 million debtor-in-possession and exit- financing facility with Goldman Sachs, another sign of how free-flowing bankruptcy credit has become after years of tightness.

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