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Pinnacle Entertainment buying poker tour owners - Businessweek

06/15/12

The company bought the tournament owners out of bankruptcy court. A court filing said that Pinnacle's $4.2 million bid for Federated Sports & Gaming Inc. and its $300,000 credit bid for Federated Heartland Inc. were selected after an auction.

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ResCap objects to bid from Berkshire Hathaway to buy its mortgage division - New York Post

06/15/12

OMAHA, Neb. — Residential Capital is objecting to investor Warren Buffett's offer to buy its mortgage division, but a bankruptcy judge will have the final say. Residential Capital, which is also known as ResCap, filed a motion opposing a bid from Buffett ...

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ResCap Says Berkshire Offered $1 for Company's Equity in April - NASDAQ

06/15/12

Residential Capital LLC says Warren Buffett's Berkshire Hathaway Inc. (BRKA, BRKB) made an offer to buy all of ResCap's equity for $1 before the mortgage servicer was put into bankruptcy last month. In a Thursday filing with U.S. Bankruptcy ...

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The Broke and the Beautiful: Irish Boy Band Edition - Wall Street Journal

06/15/12

For Boston Red Sox pitcher Curt Schilling, whose videogame company filed for bankruptcy last week, the curveballs have kept on coming. According to the Boston Globe, Citizens Bank sued Schilling personally for $2.4 million in loans made to 38 ...

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Pick & Choose: Which Debts Must be Included in my Chapter 7 Bankruptcy? - jdsupra.com

06/15/12

Second, including all debts makes sure that you get the fresh start you are seeking by filing bankruptcy in the first place. Even though you may have the best intentions on repaying a certain debt after bankruptcy, life happens. I don’t doubt that you ...

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Solar panel maker that received $500 million federal loan close to filing bankruptcy plan - Washington Post

06/15/12

WILMINGTON, Del. — A California-based solar panel manufacturer that received a half-billion dollar loan from the federal government before filing for bankruptcy protection is close to filing a proposal for what to do next. An attorney for ...

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Pinnacle Entertainment buying poker tour owners - AP - msnbc.com

06/15/12

The company bought the tournament owners out of bankruptcy court. A court filing said that Pinnacle's $4.2 million bid for Federated Sports & Gaming Inc. and its $300,000 credit bid for Federated Heartland Inc. were selected after an auction. In a credit ...

[more]

ResCap Rebuffs Berkshire, Keeps Fortress as Lead Bidder - Bloomberg

06/15/12

ResCap asked the judge overseeing its bankruptcy to name a Fortress Investment Group LLC (FIG) affiliate and Ally Financial Inc. (ALLY) as the so-called stalking-horse bidders for separate auctions, according to court papers filed yesterday in Manhattan.

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Solyndra close to filing bankruptcy plan - msnbc.com

06/15/12

WILMINGTON, Del. — A California-based solar panel manufacturer that received a half-billion dollar loan from the federal government before filing for bankruptcy protection is close to filing a proposal for what to do next. An attorney for Solyndra LLC ...

[more]

American Airlines Is Thriving Despite Bankruptcy - US News and World Report

06/15/12

Its management has gone rather quiet since entering Chapter 11 bankruptcy last year ... American Airlines is performing better than other airlines that have filed for protection and has done so without slashing capacity. In short, American ...

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