News Topic: People

Patriot Coal Corp. on Friday filed its plan to leave Chapter 11 bankruptcy protection. Read the Daily Bankruptcy Review article here . ... Read full article

This week on The Broke and the Beautiful, Alex Rodriguez’s troubles pushed the producer of a new cartoon into bankruptcy. Also, Warren Sapp’s shoes were finally sold and the former Versace mansion is about to hit the auction block. ... Read full article

MSD Performance Inc., which makes performance auto products for street and racing use, on Thursday filed for Chapter 11 protection. Read the DBR Small Cap article here . ... Read full article

Associated Press This undated photo provided by Casa Casuarina shows the pool of Casa Casuarina, the mansion once owned by by Italian designer Gianni Versace, in Miami Beach, ... Read full article

Eastman Kodak Co. is likely to officially leave bankruptcy Tuesday, USA Today reports . ... Read full article

This week on The Broke and the Beautiful, Detroit is getting some superheroes. Also, Girls Gone Wild founder Joe Francis earned some jail time, and well-wishers are putting together a legal defense fund for Teresa and Joe Giudice. ... Read full article

Detroit lawyer Corinne Ball said that city leaders are “working mightily” to secure a loan. Read the Daily Bankruptcy Review article here . ... Read full article

The city of San Bernardino, Calif., won approval to restructure in Chapter 9 bankruptcy protection, The Wall Street Journal reports . A bankruptcy judge Wednesday confirmed K-V Pharmaceutical Co.’s Chapter 11 restructuring plan, which is based on a $275 ... Read full article

Associated Press This 1993 file photo originally provided by Columbia Pictures shows rap musician Tupac Shakur in a scene from, “Poetic Justice. The mother ... Read full article

Overseas Shipholding Group Inc. Monday said it may owe $460 million or more to the Internal Revenue Service, a finding that is likely to upset its Chapter 11 bankruptcy case. Read the Daily Bankruptcy Review article here . ... Read full article

A fundraiser for convicted Ponzi-scheme operator Tom Petters says his lack of knowledge of the multibillion-dollar fraud entitle him to a reduced prison sentence, as do his long history of charitable work, “fragile health” and cooperation with ... Read full article

Lehman Brothers Holdings Inc. is suing two entities controlled by German entrepreneur Klaus Tschira in a bid to recover 100 million euros Lehman says was transferred to one of his investment vehicles one business day before Lehman’s 2008 bankruptcy ... Read full article

This week on The Broke and the Beautiful, Patrick Dempsey sued his business partner, and Sinbad spoke out about his latest bankruptcy filing. Also, DMX got arrested. ... Read full article

National Envelope is seeking bankruptcy-court approval to sell its business to rival Cenveo Inc. for $25 million, while other buyers are stepping in to grab the envelope maker’s leftover assets. Read the Daily Bankruptcy Review article here . ... Read full article

Jim Rydbom/Associated Press Kodak Colorado Division Building C-29 Eastman Kodak Co. was cleared Tuesday to emerge from bankruptcy court, putting a bookend on an American ric ... Read full article

This week on The Broke and the Beautiful, “Real Housewives of New Hersey” stars Teresa and Joe Giudice pleaded not guilty to fraud charges. And a day after film financier David Bergstein lost a lawsuit, his former partner dropped an appeal of a similar ... Read full article

According to The Wall Street Journal , The Department of Justice on Tuesday moved to block the merger of American Airlines parent AMR Corp. and US Airways Group Inc. , which could hurt AMR’s plan to leave b ... Read full article

Against criticism from the U.S. government’s executive-bonus watchdog, attorneys for American Airlines’ parent company defended the $20 million severance payment promised to departing Chief Executive Tom Horton, arguing the bill would be paid once the ... Read full article