The Daily Docket: GT Advanced Seeks to Pay Bonuses

Category: Bankruptcy Law Published: Friday, 02 January 2015 Written by Admin

GT Advanced Technologies Inc., the New Hampshire company that fell into bankruptcy following a failed deal with Apple Inc. is asking to pay millions in bonuses to its senior executives. The Wall Street Journal has the Daily Bankruptcy Review article here.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit our homepage, scroll to the bottom and click "try for free.")

A bankruptcy judge on Tuesday approved a $26 million tax settlement between Atlantic City, NJ, and the closed Revel Casino Hotel, DBR reports via WSJ.

The Detroit News reports that the city's bankruptcy fees topped $170 million.

DealBook writes about Montana's Yellowstone Club bouncing back from bankruptcy.

CMO Today reports that Aereo Inc. subscriptions grew 40% in its last six months in existence.

Bloomberg discusses the American Bankruptcy Institute's 332-page report on recommended bankruptcy law reforms.

Write to Melanie Cohen at This email address is being protected from spambots. You need JavaScript enabled to view it.. Follow her on Twitter at @MelanieLisa

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