People

Former Rothstein Partner Receives Prison Sentence

06/30/14

A South Florida lawyer on Friday received a 30-month prison sentence, the consequences of getting mixed up with Ponzi-scheme operator Scott Rothstein.

Russell Adler, one of three name partners in the now-defunct law firm Mr. Rothstein founded, received his sentence from a federal judge after pleading guilty to making illegal contributions to political campaigns at Mr. Rothstein’s request.

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The Broke and the Beautiful: Equestrian Edition

06/27/14

This week on The Broke and the Beautiful, Frank McCourt isn’t just horsing around with an equestrian jumping show, and soccer’s not so popular in Pittsburgh even amid World Cup fever. Also, a gal pal of Armand Assante is in some trouble.

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Coming and Going Concerns

06/19/14

Mitchell Brand has joined law firm Stradley Ronon Stevens & Young LLP as co-chair of its finance and restructuring group. He most recently worked as a partner and co-chair of the special situations group at Otterbourg P.C. Mr. Brand works with lenders on financing transactions and counts hedge funds, private-equity firms and banks among his clients.

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High Court Won’t Take Up Scottie Pippen Defamation Suit

06/16/14
Scottie Pippen in March 2012
Rick Bowmer/Associated Press

Retired basketball star Scottie Pippen didn’t score a slam dunk at the U.S. Supreme Court Monday.

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The Broke and the Beautiful: Stella! Edition

06/13/14

This week on The Broke and the Beautiful, a New Orleans celebrity chef put his business ventures in bankruptcy, and the rescuer of Twinkies may be eyeing an NFL creampuff. Also, Alec Baldwin got a key to the city.

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New Orleans Chef’s Businesses Cook up Bankruptcy Filing

06/13/14

A New Orleans chef whose beloved restaurants rode out Hurricane Katrina put a handful of his business ventures into bankruptcy Thursday.

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Minnesota College Settles Petters Clawback

06/10/14

A Minnesota liberal arts college that was once a beneficiary of Tom Petters’s largesse will return $600,000 of the $3 million it received.

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The Broke and the Beautiful: Former Phillies Edition

06/06/14

This week on The Broke and the Beautiful, we’ve got more details on Lenny Dykstra’s upcoming biopic, and investors in ex-teammate Curt Schilling’s 38 Studios see some love in Rhode Island’s budget.  Also, a bankruptcy trustee is asking a judge to hold Joe Francis in contempt of court.

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Dreier Bankruptcy Advisers Request $18 Million

06/05/14
Marc Dreier
Associated Press

In the 5 1/2 years since attorney Sheila Gowan began liquidating Marc Dreier’s former law firm, she’s collected $79 million to help repay the de

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Coming and Going Concerns

06/05/14

Craig Solomon Ganz has joined Ballard Spahr LLP from Gallagher & Kennedy. Mr. Ganz, a partner with the law firm, focuses on corporate restructuring and complex commercial litigation. He’s represented creditors, debtors and creditors’ committees. Mr. Ganz is a member of the American Bankruptcy Institute and the Turnaround Management Association.

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