Beyond Bankruptcy

The Broke and the Beautiful: Save the Twinkie! Edition

01/20/12

This week on The Broke and the Beautiful, Wendy Williams does her part to keep Twinkies alive, and boy-band mogul Lou Pearlman’s trustee must be feeling larger than life. Also this week, Jefferson, County, Ala., scores a run against J.P. Morgan Chase & Co. on its dealings with Houston Astros owner Jim Crane.

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The Daily Docket: Kodak Enters Bankruptcy

01/19/12

Eastman Kodak Co. filed for Chapter 11 bankruptcy protection in New York early Thursday morning, The Wall Street Journal reports.

Kodak’s $950 million bankruptcy loan calls for the struggling company to lay out plans to auction its digital imaging patent portfolio by the end of June, court papers say. Read the Daily Bankruptcy Review article here.

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Celebrities Flock to Yellowstone Club

01/17/12
Reuters
Justin Timberlake is one of the many celebrities who have recently visited the Yellowstone Club.

Move over, Bill Gates.

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The Broke and the Beautiful: Show Me the Bankruptcy! Edition

01/13/12

This week, two sports agents received bankruptcy-related news, and the Dodgers fielded some new bidders. Also, Toni Braxton was hospitalized for lupus, and Nadya “Octomom” Suleman’s fertility doctor filed for bankruptcy.

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Power Balance Sold to Chinese Manufacturer

01/11/12

The Asian consumer markets are next up to test out the timeless sports truism: It’s all in the wrist.

The Chinese manufacturer that made thousands of Power Balance LLC bracelets got court permission to buy the California-based company after no other bidder put in a higher offer. That deal, valued at more than $8 million, enabled Contec Corp. to “buy” the company using a portion of the debt it was owed on a massive shipment of holograph-using bracelets.

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The Daily Docket: Lehman Fights Over Archstone

01/06/12

Lehman Brothers Holdings Inc. sparred in court Thursday with Bank of America Corp. and Barclays PLC over the future of the Archstone apartment company if a big stake in the firm ends up in the hands of its biggest rival, Sam Zell’s Equity Residential. Read the Daily Bankruptcy Review article here.

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Jackson Hewitt Hosts a Dance Party

01/05/12

Fresh out of bankruptcy, Jackson Hewitt Tax Service Inc. is ready to reinvent itself this tax season. And it’s starting with Montel Jordan.

The performer’s R&B hit “This Is How We Do It” provides the soundtrack for a new Jackson Hewitt advertising campaign, called, unsurprisingly, “Jackson Hewitt’s How You Do It.”

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The Daily Docket: Kodak Preparing for Bankruptcy

01/05/12

According to The Wall Street Journal, Eastman Kodak Co. is readying itself to file for Chapter 11 protection in the coming weeks.

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After Beso Bankruptcy, Longoria to Produce TV Legal Drama

12/14/11
Associated Press
Eva Longoria

For Eva Longoria, art imitates life.

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The Daily Docket: Lee Enterprises Enters Bankruptcy

12/12/11

Newspaper publisher Lee Enterprises Inc. filed for Chapter 11 bankruptcy protection Monday in a bid to refinance nearly $984 million in debt that’s due to mature in the spring. Read the Daily Bankruptcy Review article here.

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