News

Dodgers sale creates field of dreams in bankruptcy - Chicago Tribune

05/01/12

(Reuters) - The Los Angeles Dodgers' $2 billion sale creates a new game plan for loss-making sports teams hoping to command top dollar -- file for Chapter 11. The deal, sealed on Tuesday, saw the team sold to a consortium including basketball ...

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Dodgers sale creates field of dreams in bankruptcy - YAHOO!

05/01/12

(Reuters) - The Los Angeles Dodgers' $2 billion sale creates a new game plan for loss-making sports teams hoping to command top dollar -- file for Chapter 11. The deal, sealed on Tuesday, saw the team sold to a consortium including basketball legend Earvin ...

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'Octomom' Nadya Suleman eyes an 'empire' -- but first, bankruptcy - Los Angeles Times

05/01/12

“Octomom” Nadya Suleman filed for Chapter 7 bankruptcy on Monday in Orange County, suggesting there’s some validity to the notion that for a single mom with 14 kids and no steady job, it can be difficult to pay the bills. "I have had to ...

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Oscars to stay in same theater for 20 more years - AP - msnbc.com

05/01/12

During this year's Oscar ceremony, host Billy Crystal jokingly referred to the space as the "Chapter 11 Theatre." Sherak said the motion picture academy, which did not immediately renew its deal with CIM Group last year, briefly considered moving ...

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Local Contractor Facing Charges of Concealing Nearly $200,000 in Assets in Bankruptcy Case - Jackson NJ Online

05/01/12

An Ocean County, N.J., man today admitted concealing assets in connection with his November 2008 bankruptcy petition, U.S. Attorney Paul J. Fishman announced. Bryan Young, 39, of Toms River, pleaded guilty before U.S. District Court Judge ...

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Prince Sports files for bankruptcy protection - msnbc.com

05/01/12

Prince Sports, known for its association with professional tennis, has filed for Chapter 11 bankruptcy protection. Based in Bordentown Township, Prince makes racquets, shoes and accessories for tennis and other sports. Almost two years ago, it ...

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Court officials: Without passage of filing-fee bill, Alabama courts could face closures by fall - Everything Alabama Blog

05/01/12

But total court filings are up, and should 80,000 this year, she said. "This cannot last," said Adams, a panelist. "We are in dire need of help." Jefferson County's financial problems, culminating in the largest government bankruptcy filing in U ...

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Betsey Johnson to close its three Bay State stores - Boston Herald

05/01/12

Betsey Johnson LLC will close all three of its Massachusetts stores no later than Aug. 1 in the wake of its Chapter 11 bankruptcy protection filing last week. The stores are located on Boston’s Newbury Street and in the Natick Mall and Burlington Mall.

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'Octomom' files for bankruptcy, porn video next? - msnbc.com

05/01/12

According to The Orange County Register, Nadya Suleman, who gained fame when she gave birth to eight babies in 2009, filed for Chapter 7 bankruptcy on Monday. The 36-year-old Suleman claimed up to $50,000 in assets with debt of as much as $1 million in ...

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Dewey U.K. Said to Prepare Wind Up While U.S. Office Carries On - Bloomberg

05/01/12

The law firm does have something to sell -- groups of strong practices, he said. Dewey’s most profitable practices include bankruptcy, corporate law, litigation and public policy, the firm has said. The plan remains uncertain because firms ...

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