Bankruptcy Information

• Legal fallout continues from Coyotes bankruptcy (AP via Yahoo! Sports)
  The battle between the National Hockey League and former Phoenix Coyotes owner Jerry Moyes isn't over yet. The NHL filed a breach of contract lawsuit against Moyes on Friday. It says Moyes violated a number of league agreements when he put the team in bankruptcy last year and then attempted to sell the franchise to Canadian businessman Jim Balsillie.
• Cadillac Distances From GM to Avoid Bankruptcy Stigma (Correct) (Bloomberg)
  (Corrects GM sales gain in fifth paragraph.) March 9 (Bloomberg) -- Cadillac, the luxury brand General Motors Co. acquired in 1909 , is distancing itself from the Detroit-based automaker to avoid the stigma of the parent company’s $50 billion U.S.-backed bankruptcy last year.
• JSC Alliance Wins U.S. Bankruptcy Court Protection (Update1) (Bloomberg)
  March 9 (Bloomberg) -- JSC Alliance Bank , the sixth-largest bank in Kazakhstan by net loans, won bankruptcy court permission to protect itself from U.S. lawsuits and distribute about $500 million to creditors.
• Bankruptcy law doesn't restrict free speech, Supreme Court says (Washington Post)
  A federal law that bars attorneys from telling clients who are contemplating bankruptcy to take on more debt is not an unconstitutional restriction on the free-speech rights of lawyers, the Supreme Court decided Monday.
• Bankruptcy judge OKs plan from Freedom Communications (Winston-Salem Journal)
  WILMINGTON, Del. – A federal bankruptcy judge in Delaware has approved the Chapter 11 reorganization plan of Freedom Communications, the owner of The Orange County Register in California and other media properties.