News

Berkshire Sells Unsecured ResCap Bonds - NASDAQ

06/08/12

Warren Buffett's Berkshire Hathaway Inc. (BRKA, BRKB), which wants an independent examiner appointed in Residential Capital LLC's bankruptcy, sold its unsecured bonds in the mortgage lender this week, according to a court document. The sales ...

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Kodak's Patent Allure Fades - Wall Street Journal

06/08/12

Eastman Kodak Co.'s effort to draw interest in the sale of its digital patent portfolio is flagging, people familiar with the matter said, complicating the 132-year-old photography pioneer's chances of emerging from bankruptcy court. Enlarge ...

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RI eyeing liability in Schilling firm bankruptcy - msnbc.com

06/08/12

The U.S. attorney's office confirmed the investigation but would not provide details. The Providence-based company filed for bankruptcy Thursday in Delaware. It owes $150.7 million and has assets of $21.7 million, according to court filings. In a separate ...

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Judge denies Lenny Dykstra's motion - ESPN

06/08/12

LOS ANGELES -- A federal judge in Los Angeles has denied a motion by former New York Mets outfielder Lenny Dykstra to dismiss more than a dozen charges, including bankruptcy fraud and embezzlement. U.S. District Judge Dean Pregerson rejected ...

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LA judge denies Dykstra motion to dismiss bankruptcy fraud case - Washington Post

06/08/12

LOS ANGELES — A federal judge in Los Angeles has denied a motion by former New York Mets outfielder Lenny Dykstra to dismiss more than a dozen charges, including bankruptcy fraud and embezzlement. U.S. District Judge Dean Pregerson rejected ...

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The Broke and the Beautiful: Danielle Staub Edition - Wall Street Journal

06/08/12

As we noted Wednesday, New Jersey housewife Danielle Staub—the onscreen enemy of Teresa Giudice—filed her own Chapter 7 bankruptcy petition. Court documents show that Staub, who reported assets and debts each between $500,000 and $1 million ...

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Fees limit in Orchestra's bankruptcy to rise - Philadelphia Daily News

06/08/12

In addition, the judge gave his approval to payments to another law firm, this one not connected to bankruptcy case but to separate litigation. "The retention of Mannion Prior is necessary and appropriate under the circumstances because Mannion ...

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Third Strike for 38 Studios, Curt Schilling Leads to Bankruptcy Filing - PC Magazine

06/08/12

It's game over for video game company 38 Studios, which filed for bankruptcy on Thursday. The company, owned by former Boston Red Sox pitcher Curt Schilling, has been roughing it out through a massive round of layoffs and a major funding cut. "This action ...

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Third Strike for 38 Studios, Curt Schilling Leads to Bankruptcy Filing - PC Magazine

06/08/12

It's game over for video game company 38 Studios, which filed for bankruptcy on Thursday. The company, owned by former Boston Red Sox pitcher Curt Schilling, has been roughing it out through a massive round of layoffs and a major funding cut. During a ...

[more]

38 Studios files for bankruptcy - Boston Globe

06/08/12

The troubled video game company founded by retired Red Sox pitcher Curt Schilling, 38 Studios LLC, filed for Chapter 7 bankruptcy Thursday, leaving behind more than 1,000 unpaid creditors as government officials confirmed they launched criminal ...

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