Dynegy completed its Chapter 11 reorganization and emerged from bankruptcy. The company will have approximately $800 million in liquidity in the form of cash and letter of credit capacity available to support its post emergence operations and commercial activities.

Corporate bankruptcy researcher BankruptcyData.com released YTD statistics, ranking the top ten public company bankruptcy filings thus far in 2012. The filings are ranked by assets, liabilities and revenue.

Kodak will highlight its restructuring accomplishments to date in a motion it plans to submit to the court to extend until February 28, 2013, its exclusive right to file a plan of reorganization. The extension will assist Kodak as it continues its progress toward emergence in the first half of 2013.

U.S. Bankruptcy Judge Kevin J. Carey of the U.S. Bankruptcy Court for the District of Delaware has granted final approval of Contec Holdings’ $35 million debtor-in-possession (DIP) loan, a Bloomberg/BusinessWeek article said.

The Wall Street Journal has reported that U.S. Bankruptcy Judge Brendan L. Shannon of the U.S. Bankruptcy Court in the District of Delaware has approved the sale of Digital Domain Media Group’s assets to a joint venture, led by Galloping Horse America, in partnership with Reliance MediaWorks (USA), for $30.2 million.

A joint venture, led by Galloping Horse America, in partnership with Reliance MediaWorks (USA), submitted the winning bid to acquire the visual effects, Mothership Media and certain other businesses and assets of Digital Domain Productions and subsidiaries for $30.2 million.

There are six potential bidders lined up for the auction, in the U.S. Bankruptcy Court in the District of Delaware, of special effects company Digital Domain Media Group to be held Friday, September 21, a Bloomberg/BusinessWeek article said.

U.S. Bankruptcy Judge Douglas Tice in the U.S. Bankruptcy Court in the Eastern District of Virginia is allowing the U.S. Trustee presiding over RoomStore’s liquidation to sell its 65% stake in Mattress Discounters, a Furniture Today article said.

GE Commercial Distribution Finance, one of Vann’s largest creditors in its Chapter 11 case, has asked the bankruptcy court in Montana to convert the company’s case to a Chapter 7 liquidation, an article on www.ktvq.com said.

Syms has completed its financial restructuring and has emerged from Chapter 11 as Trinity Place Holdings. The emergence completes a ten-month bankruptcy process in which Syms and its subsidiaries, including Filene’s Basement, closed their retail stores and liquidated their inventories.