News

Few new details in Dodgers' sale court documents - KTLA.com

04/07/12

The $2.15-billion sale, a record for a sports franchise, included $150 million for a joint venture between the buyers and McCourt to run the parking lots. However, because the McCourt entity that controls the lots was not part of the bankruptcy ...

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Dueling trustees wrestling in courts over Petters profits - Minneapolis Star Tribune

04/07/12

So it goes as dueling bankruptcy trustees target some of the same deep ... represents one of those charities -- Minnesota Teen Challenge -- which is the target of clawback litigation in both bankruptcies. "The law does not deal with dueling ...

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Honolulu man charged with $140K bankruptcy fraud - MySanAntonio

04/07/12

HONOLULU (AP) — The FBI says a Honolulu man is accused of filing for bankruptcy while hiding more than $140,000 that could have been used to pay his debts. Gil Constantino is charged with one count of bankruptcy fraud. He could not be reached for comment Friday.

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Warren Sapp files for bankruptcy protection in Florida - Los Angeles Times

04/07/12

Court records filed by Sapp in Fort Lauderdale on March 30 show that he seeks Chapter 7 bankruptcy protection, which was first reported by TMZ.com. The Associated Press has left messages with Sapp's attorney, who hasn't responded. Documents ...

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Warren Sapp files for bankruptcy in Florida - YAHOO!

04/07/12

according to a Chapter 7 bankruptcy filing in South Florida. Sapp's $6.45 million in assets includes 240 pairs of Jordan athletic shoes worth almost $6,500, a $2,250 watch and a lion skin rug worth $1,200. He also reported losing his 2002 Super Bowl ring ...

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Dodgers say bankruptcy case is on track - KIMA TV

04/07/12

Former Lakers star Magic Johnson, left, and Los Angeles Dodgers owner Frank McCourt watch the Dodgers play the against the San Diego Padres on opening day for the two baseball teams on Thursday, April 5, 2012, in San Diego. DOVER, Del.

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Kansas’ Earned Income Tax Credit Exemption Upheld By Federal Judge - KAKE TV

04/07/12

The attorney general’s office intervened in more than 150 bankruptcy cases in Topeka and Wichita and asked the courts to uphold the state exemption statute. Judge Janice Miller Karlin’s decision to uphold the debtor’s right to claim the earned income ...

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Warren Sapp files for bankruptcy in Florida - YAHOO!

04/07/12

according to a Chapter 7 bankruptcy filing in South Florida. Sapp’s $6.45 million in assets includes 240 pairs of Jordan athletic shoes worth almost $6,500, a $2,250 watch and a lion skin rug worth $1,200. He also reported losing his 2002 Super Bowl ring ...

[more]

Warren Sapp files for bankruptcy - ESPN

04/07/12

Court filings show Sapp filed for Chapter 7 bankruptcy in Fort Lauderdale on March 30. The documents show he owes more than $6.7 million to creditors and back child support and alimony. Sapp's $6.45 million in assets include more than 200 pairs ...

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Los Angeles heading toward bankruptcy, says top budget analyst - Abc Local Web

04/07/12

The report recommends a mix of cost-cutting and revenue generating steps to avoid bankruptcy. Suggestions include using money from parking meters to fund basic city services, asking voters to approve tax increases on property sales and parking lots and ...

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