"A Las Vegas company that owns slot machine patents filed for bankruptcy Monday after accumulating millions of dollars in losses and engaging in litigation with shareholders and others. Legal iGaming Inc. filed for Chapter 11 reorganization in U.S. Bankruptcy Court...
"Bankrupt Blockbuster Inc (BLOAQ.PK) plans to sell itself for a "pittance" and would be better off liquidating rather than left under the control of a hedge fund group, according to creditors of the movie-rental chain." Read more here.
"An advisory panel has recommended a 30-day suspension for the New Orleans lawyer who helped federal Judge Thomas Porteous of Metairie lie his way into bankruptcy proceedings. The report comes from a Louisiana Attorney Disciplinary Board hearing committee, which essentially...
Financially distressed same-sex CA married couple goes straight into bankruptcy by filing a joint Chapter 13 petition in the Los Angeles Division of the U.S. Bankruptcy Court for the Central District of California, on February 24, 2011. In re Balas...
"First of all, it’s a “pro se” filing, which means there’s no attorney. Carvel could have done it herself, or perhaps she had a financial adviser prepare it. Even more strange is that Carvel declares assets of $32 million and...
"The number of U.S. bankruptcy claims that traded in January fell to the lowest level since July 2009 as more companies emerged from Chapter 11, according to data released on Tuesday." Read more here.
"The former treasurer of bankrupt Taylor, Bean & Whitaker Mortgage Corp, Desiree Brown, pleaded guilty on Thursday to conspiracy for one of the biggest fraud cases so far stemming from the U.S. mortgage meltdown." Read more here.
"The owner of the B.B. King's Blues Club in the Mirage hotel and casino on the Las Vegas Strip has filed for bankruptcy protection, court records show. The filing comes as Las Vegas tries to recover after being hit hard...
"Former Chicago Bears safety Dave Duerson, who committed suicide last Thursday in Sunny Isles Beach, Fla., had filed for voluntary personal bankruptcy last September in a case that was still pending." Read more here.
