Vitro, Ahern, Jameson, Madoff, CIT, Hooters: Bankruptcy

Mexican glassmaker Vitro SAB came out on top in the latest skirmish with holders of some of the $1.2 billion in defaulted bonds. While giving Vitro a victory, U.S. Bankruptcy Judge Harlin “Cooter” Hale in Dallas said Vitro “very well may win the battle here and yet lose the war.”