Bankruptcy Review For January 18, 2013

This week in bankruptcy news: Tribune drops more than 170 lawsuits in order to start fresh after their successful exit from Chapter 11 bankruptcy, just a few weeks ago. Nearly two years after American Blockbuster stores filed for bankruptcy, Blockbuster UK enters administration; a Britain equivalent to the Chapter 11 process.

Tribune Co. to drop some ‘clawback lawsuits’

Blockbuster UK Goes Into Bankruptcy