News

Dodgers’ sale and plan to exit bankruptcy approved - Daily Times

04/14/12

WILMINGTON: The Los Angeles Dodgers’ sale to a group led by basketball legend Earvin “Magic” Johnson for $2.1 billion and the Major League Baseball team’s plan to exit Chapter 11 this month were approved by a US bankruptcy judge on Friday.

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Ponzi update: Lapeer County among investors returning funds in case that cost Mona Shores - MLive.com

04/14/12

The trustee in a forced bankruptcy case brought against MuniVest by Mona Shores has obtained agreements to return money from five investors in the scheme, said Adam Kochenderfer, an attorney for the trustee, Gene R. Kohut. They include Lapeer ...

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Warren Sapp filed for bankruptcy to avoid going to jail - YAHOO!

04/14/12

Sapp made his first comments on the situation to Tampa Bay Times columnist Gary Shelton and said he was motivated to file for bankruptcy with $6.7 million worth of debt because he didn’t want to go to jail. “Do you think I wanted to declare bankruptcy?''

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Gem of a courtroom drama - Crain's Chicago Business

04/14/12

The battle over the collapse of Emerald Casino Inc. has ensnared a U.S. Bankruptcy Court judge. Judge Eugene Wedoff has been taken off the Chapter 7 case, which was filed in 2002 after state regulators denied the company's bid for a Rosemont ...

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Kodak says it needs more time to organize - Democrat and Chronicle

04/14/12

Under bankruptcy law, a company is given 120 days from filing ... of its contractual and environmental liabilities through “negotiation or potentially litigation.” Kodak did not elaborate. It could end up selling any number of operations.

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Kodak says it needs more time to organize - Democrat and Chronicle

04/14/12

Three months into its Chapter 11 bankruptcy, Eastman Kodak Co. is saying it will need a lot more time to get its plans together and affairs in order. The printing and imaging company on Friday filed a motion with U.S. Bankruptcy Court asking for ...

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Bankruptcy filings down in region - Post-Star

04/14/12

Bankruptcy attorney Ron Kim of Saratoga Springs said new cases are down about 5 percent in his office, but he believes delayed foreclosures are behind the shift. Kim noted it can take years to resolve foreclosure lawsuits in New York ...

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Dodgers Sale To Magic Johnson Group Wins Bankruptcy Court OK - Deadline.com

04/14/12

Sale of the Los Angeles Dodgers for a record $2.15 billion to a group led by former LA Lakers star Magic Johnson has been approved by federal bankruptcy Judge Kevin Goss, Bloomberg reports. Buyers also include Guggenheim Partners Chief Executive Officer ...

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Bankruptcy judge approves Dodgers sale - United Press International

04/14/12

WILMINGTON, Del., April 14 (UPI) -- The sale of the Los Angeles Dodgers was officially proved late Friday by a federal bankruptcy judge in Delaware. Bankruptcy Judge Kevin Gross said Guggenheim Baseball had met all of the requirements for the $2 ...

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Bankruptcy judge approves Dodgers sale - United Press International

04/14/12

WILMINGTON, Del., April 14 (UPI) -- The sale of the Los Angeles Dodgers was officially proved late Friday by a federal bankruptcy judge in Delaware. Bankruptcy Judge Kevin Gross said Guggenheim Baseball had met all of the requirements for the $2 ...

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