This week on The Broke and the Beautiful, Kevin Spacey may take on the role of Ireland’s former richest man on the big screen, and Young Buck got some alone time in prison. Also, a famous poster will be auctioned next month.
A U.S. appellate court on Wednesday upheld a bankruptcy court decision to reject Mexican glassmaker’s Vitro SAB’s controversial bankruptcy plan, a big win for bondholders that have been sparring with the company for years over its controversial debt restructuring. Read the Daily Bankruptcy Review article here.
The union that brought the 85-year-old baker of Twinkies and Wonder Bread to its knees is holding out hope that a buyer will salvage chunks of the company and send the union’s members back to wor
Overseas Shipholding Group Inc. filed for Chapter 11 bankruptcy protection as the tanker company looks to significantly reduce its debt burden. Read the article in Daily Bankruptcy Review.
