News

Dodgers sale closes; McCourt era ends - Los Angeles Times

05/01/12

Jamie McCourt was wired her $131 million divorce payment on Monday, from the Dodgers’ sale proceeds. McCourt retains half ... have envisioned for the parking lots. The Dodgers’ bankruptcy filing came on the heels of a bruising two-year ...

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Dodgers Complete $2 Billion Sale of Team, Exit Bankruptcy - Businessweek

05/01/12

The Los Angeles Dodgers were allowed to exit bankruptcy after completing their $2 billion sale to a group including Guggenheim Partners and its top executive Mark Walter and ex-basketball player Magic Johnson. The deal became final after Major ...

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Chadbourne & Parke Expands London Insolvency and Restructuring Practice With New Partner Hire - Yahoo Finance

05/01/12

special investigations and litigation, intellectual property, antitrust, domestic and international tax, insurance and reinsurance, environmental, real estate, bankruptcy and financial restructuring, executive compensation and employee benefits ...

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Appointing An Examiner is not a Simple Task - jdsupra.com

05/01/12

Allegations of impropriety by a bankrupt company's management can fuel heated litigation in bankruptcy cases — including requests to appoint an examiner to investigate causes of action. As contested as an examiner's appointment can be, often a more ...

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HydroTech Rebounds From the Brink of Bankruptcy - YAHOO!

05/01/12

HydroTech has experienced double-digit growth every year since 2008, when they were almost forced into bankruptcy, and their commitment to excellence reflects in everything they do. Their residential commercial hot tub and spa sales are redefining the ways ...

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'Octomom' Files for Bankruptcy - msnbc.com

05/01/12

The 'Octomom' is broke. 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 ...

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Octomom Open to Doing Porn After Bankruptcy - YAHOO!

05/01/12

The bankruptcy filing shows that the mother of 14 children owes ... "I have had to make some very difficult decisions this year, and filing Chapter 7 was one of them," Suleman said in a statement released by her spokeswoman. "But I have to do what is ...

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Tennis racquet maker Prince Sports files for bankruptcy - Reuters India

05/01/12

filed for bankruptcy protection in a U.S. bankruptcy court citing declining sales and increased competition. The company, whose products have been used by well known tennis players like Maria Sharapova, Patrick Rafter, Martina Navratilova and ...

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Dewey & Leboeuf Aims to Avoid Bankruptcy, Bienenstock Says - Bloomberg

05/01/12

“Bankruptcy is always a last resort and is not in current ... CRT, which trades distressed debt, didn’t handle the sale of Dewey bonds by an investor last week, he said. No single firm currently appears willing to buy all of what is left ...

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Tennis racquet maker Prince Sports files for bankruptcy - NBC Sports

05/01/12

filed for bankruptcy protection in a U.S. bankruptcy court citing declining sales and increased competition. The company, whose products have been used by well known tennis players like Maria Sharapova, Patrick Rafter, Martina Navratilova and Gael Monfils ...

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