Liquidation

Bankruptcy judge begins hearing on Tribune plan - San Francisco Gate

06/07/12

A federal bankruptcy judge in Delaware is reviewing Tribune Co.'s latest proposal to emerge from Chapter 11 protection. An attorney for Tribune told the judge at a hearing Thursday that the latest plan addresses most of the concerns raised by ...

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Tribune seen nearing bankruptcy conclusion - Reuters

06/07/12

WILMINGTON, Del., June 7 (Reuters) - Tribune Co's long bankruptcy entered what is expected to be the final stage on Thursday, although the media company still faces months of regulatory clearances to transfer broadcast licenses to new owners.

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38 Studios files for bankruptcy - gamesindustry.biz

06/07/12

38 Studios has filed for Chapter 7 bankruptcy protection with its three subsidiaries; they have ceased operations and will be liquidated. Furthermore, federal and state officials began a formal investigation into Curt Schilling's game company.

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Schilling video game company declares bankruptcy - msnbc.com

06/07/12

The filing for Chapter 7 bankruptcy protection was made in U.S. Bankruptcy Court in Delaware. In the filing, on behalf of 38 Studios LLC and three associated entities, the company listed $21.7 million in assets, mostly personal property ...

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Curt Schilling’s 38 Studios files for bankruptcy - Boston Herald

06/07/12

The retired Red Sox [team stats] pitcher’s Providence-based company filed for Chapter 7 bankruptcy protection in Delaware, listing nearly $151 million in liabilities and $21.7 million in assets. The bankruptcy filing follows last month’s financial ...

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Curt Schilling's Video-Game Company Files for Bankruptcy - San Francisco Gate

06/07/12

June 7 (Bloomberg) -- The video-game company founded by former Boston Red Sox pitcher Curt Schilling filed for bankruptcy after firing employees in Rhode Island, where it operated with help from $75 million in government bonds. 38 Studios LLC filed for ...

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Schilling video game firm declares bankruptcy - Reuters

06/07/12

BOSTON, June 7 (Reuters) - 38 Studios, the video game company run by former Red Sox baseball great Curt Schilling, declared bankruptcy o n T hursday, weeks after laying off most of its staff and being cut off from funds by the state of Rhode Island.

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Schilling's co. files for bankruptcy; feds probing - San Francisco Gate

06/07/12

Its sister operation in Baltimore also filed for bankruptcy. The Rhode Island company owes $150.7 million and listed its assets at $21.7 million, according to court filings. 38 Studios Baltimore owes more than $121.4 million and has assets of ...

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Jamal Lewis Bankruptcy Hearing Postponed - Christian Post

06/07/12

Last month, Lewis' appointed bankruptcy trustee had asked the judge to dismiss the case as he was preparing to reclassify from Chapter 11 to Chapter 7, as reported by Reuters. This change would mean that assets held under Lewis' name would be auctioned off ...

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The Daily Docket: Judge Dismisses BofA Suit Over Ocala Collapse

06/07/12

A federal judge dismissed Bank of America Corp.’s lawsuit against units of Deutsche Bank AG and BNP Paribas SA, a win for the two foreign banks in their $1.75 billion dispute over losses suffered when a subsidiary of disgraced mortgage lender Taylor Bean & Whitaker Mortgage Corp. collapsed. Read the Daily Bankruptcy Review article here.

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