Rochelle on Dynegy, Residential Capital, Eastman Kodak: Audio
The settlement between power producer Dynegy Inc. (DYN) and creditors of bankrupt subsidiary Dynegy Holdings LLC could become complicated when the parent joins the subsidiary in Chapter 11 to carry out the compromise, for reasons Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Berkshire Hathaway Inc. (BRK/A) compromised its chances for success in having an examiner appointed for Residential Capital LLC when it threw its hat in the ring to buy ResCap. For the last item on the podcast, Rochelle explains why Eastman Kodak Co. (EKDKQ) is departing from the usual auction format to dispose of technology that could be worth billions.
Running time 12:44
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