Medical device maker IMRIS Inc. has filed for chapter 11 bankruptcy protection with a buyout offer from secured lender Deerfield Management Co. The Wall Street Journal has the Daily Bankruptcy Review article here.
The production crew that’s bringing Michael Lewis’ “The Big Short” to the big screen set up shop in front of the building that houses New York’s Department of Financial Services Friday morning.
In the Boston Restaurant Associates, Inc. bankruptcy proceeding (Delaware Bankruptcy Case No. 15-11101), a formation meeting has been scheduled for Tuesday, June 2, 2015 at 10:00 a.m. (ET) at the J.
A recap of the informed opinions (and the discussions they generated) on BankThink this week, including the merits and drawbacks of Sen. Richard Shelby's regulatory reform legislation, whether bigger banks are inherently riskier and banks' evolving interest in blockchain technology.
Frederick’s of Hollywood’s routine bankruptcy reports list pages of vintage or famous underwear, including s corset Madonna wore onstage in the 1980s, among its assets. In this photo, Madonna performs at the Grammys on Feb.
This week on The Broke and the Beautiful, another member of English boy band Blue filed for bankruptcy, and a judge called for the arrest of Girls Gone Wild founder Joe Francis.
Fannie and Freddie's profits depend on having their obligations backed by the U.S. Treasury. Therefore they should have to pay a sensible price for this backstop Â-- just like big banks.
Lehman Brothers Holdings Inc. is suing three financial institutions over bundles of soured old mortgage loans, calling claims that Lehman owes hundreds of millions of dollars “grossly exaggerated and baseless. The Wall Street Journal has the Daily Bankruptcy Review article here.
