News

Game sales overtake DVDs in Britain - United Press International

03/22/12

Game sales did take a small hit as major British retail chain Game Group went into bankruptcy, which analysts said could cause a temporary downturn in sales. "If Game Group is significantly downsized as a chain, or if its trading continues to be ...

[more]

After Bankruptcy, MGM Looks to Roar Again - YAHOO!

03/22/12

According to the filing, after emerging from bankruptcy late last year, MGM not only eliminated $5 billion in debt but also converted other debt into stock that these investors received. Barber and Birnbaum’s Spyglass received only one-half of 1 percent ...

[more]

Dodgers Said to Trim Bidders to Final Three Groups - Bloomberg

03/22/12

The Dodgers were put up for sale in November and garnered more than 10 bids, including an offer from Dallas Mavericks owner Mark Cuban. Last year the team filed for bankruptcy after Selig rejected a television contract that McCourt had ...

[more]

Report: Dodgers bidders down to 3 - Metronews.ca

03/22/12

The team, which sought bankruptcy protection in June, has said a sale of the franchise should satisfy all creditor claims in full, either through cash payments or assumption of the claims by the new team owners. The judge presiding over the case has ...

[more]

Baseball Commissioner Objects to Dodgers Bankruptcy Plan - Businessweek

03/22/12

That sale would be approved by U.S. Bankruptcy Judge Kevin Gross as part of the reorganization plan. The team said in a court filing last year it may sell for more than $1 billion. The sale is required to be completed by the end of April.

[more]

CMH reaches tentative deal to continue operations as bankruptcy process proceeds - UpNorthLive.com

03/22/12

You can see Andrew weekdays on 7 & 4 News at 5 and 6. BAY CITY, MI -- A tentative deal has been reached to keep Cheboygan Memorial Hospital open for now as a deal is negotiated surrounding the hospital's bankruptcy. Cheboygan Memorial filed for Chapter 11 ...

[more]

CMH reaches tentative deal to continue operations as bankruptcy process proceeds - UpNorthLive.com

03/22/12

You can see Andrew weekdays on 7 & 4 News at 5 and 6. BAY CITY, MI -- A tentative deal has been reached to keep Cheboygan Memorial Hospital open for now as a deal is negotiated surrounding the hospital's bankruptcy. Cheboygan Memorial filed for Chapter 11 ...

[more]

Colonial Country Club to get support from John Georges in bankruptcy case - nola.com

03/22/12

Businessman John Georges said Wednesday that he and a partner have agreed to put up the cash needed to maintain the 88-acre green space at the now-shuttered Colonial Golf & Country Club in Harahan. He also confirmed that they intend to back a ...

[more]

How good are bankruptcy liquidation deals? - Abc Local Web

03/22/12

HOUSTON (KTRK) -- Another casualty of the slow economy, Roomstore is liquidating all their stores in Houston after filing for Chapter 11 bankruptcy protection. We've seen several liquidation sales over the last few years, but if you are looking for the ...

[more]

Kress reverts to AEA in trustee sale - Yuma Daily Sun

03/22/12

The trustee sale of the Kress building Thursday morning drew a large ... Desert Best Enterprises filed for Chapter 11 bankruptcy on July 2, 2010, just four months after Top of the Kress opened its doors. On Nov. 23, 2011, the bankruptcy court issued ...

[more]