News

Dodgers say bankruptcy case is on track - Houston Chronicle

04/06/12

DOVER, Del. (AP) — The Los Angeles Dodgers filed a revised reorganization plan on Friday and said they are on track to exit bankruptcy as planned by April 30. The amended Chapter 11 plan filed Friday in U.S. Bankruptcy Court in Delaware is based on an ...

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Bankrupt Kodak withdraws benefits cut, proposes bonuses - CBS News

04/06/12

The request for bonuses was included in an employee continuity plan outlined by Kodak in a U.S. Bankruptcy Court filing in New York this week. The 119 managers identified as "Group 1," whose names the filing said are "sensitive and highly ...

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Frank McCourt gets $1.588 billion from Dodgers' sale, papers show - Los Angeles Times

04/06/12

Frank McCourt gets to take home $1.588 billion from the Dodgers while leaving the new buyers to inherit $412 million in team debt, according to documents filed Friday in U.S. Bankruptcy Court. The sale agreement formalized the sale of the ...

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Kalihi man, 68, charged with bankruptcy fraud - KITV.com

04/06/12

A 68-year-old man from Kalihi was charged Thursday with one count of bankruptcy fraud, according to a Honolulu FBI agent. Gil Constantino filed for bankruptcy on Jan. 5, 2011 and hid the fact that he possessed $141,203 in cash and annuities that ...

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Few new details in Dodgers' sale court documents - Los Angeles Times

04/06/12

The much-anticipated and voluminous sales agreement in which Guggenheim Baseball Management agreed to purchase the Dodgers from Frank McCourt managed to reveal little that wasn't already known about the deal. The agreement, filed Friday in U.S. Bankruptcy ...

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AMR's bankruptcy expenses adding up - Tulsa World

04/06/12

Paul Hastings LLP, AMR's special counsel on labor law, collective bargaining, arbitration and litigation and issues arising around bankruptcy and the Railway Labor Act, has submitted for court approval a $1,115,570 fee for its work from AMR's ...

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Daytop Village drug rehab facility files for Chapter 11 bankruptcy - Times Herald-Record

04/06/12

NEW YORK — One of the largest, oldest drug rehab agencies in New York announced Friday it has filed for Chapter 11 protection in federal bankruptcy court in Manhattan. New York City-based Daytop Village said in a statement that it was making ...

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Los Angeles Dodgers File Amended Bankruptcy Recovery Plan - Bloomberg

04/06/12

The plan to exit bankruptcy rests on a $2 billion sale of all the equity in the company to Guggenheim Baseball LP and has yet to be confirmed by a judge, the company said in a statement today. A hearing to seek court approval of the amended plan ...

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Warren Sapp files for Chapter 7 bankruptcy Tampa Bay Buccaneers Oakland Raiders - Sporting News

04/06/12

Warren Sapp, a future Hall of Famer and current NFL Network analyst, has filed for Chapter 7 Bankruptcy in Florida on claims he racked up millions in debt to several creditors. Most surprising about Sapp’s filing is that he notes he lost his ...

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Dodgers say case still on track - ESPN

04/06/12

The judge presiding over the bankruptcy case has scheduled a hearing next Friday to consider whether to confirm the plan. While the purchase agreement with Guggenheim calls for the sale to close on April 30, it also allows the Dodgers to seek ...

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