People

The Broke and the Beautiful: BottleRock Edition

05/30/14

This week on The Broke and the Beautiful, BottleRock is back from rock bottom, and Denis Leary is aiding Detroit firefighters. Also, an injured baseball fan is still looking for compensation from the Los Angeles Dodgers.

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CEO of Capitol Hill Restaurants in Bankruptcy Had His Own Problems

05/29/14

When Washington, D.C., restaurateur Richard Cervera filed for personal bankruptcy last year, he didn’t tell the court that he had gained a slice of ownership in several Capitol Hill restaurants just nine days prior.

Nor did he mention that he was negotiating a $200,000-a-year salary with the other owners who teamed up to buy the storied Hawk ‘n’ Dove, Molly Malone’s and six other restaurants from Mr. Cervera’s brother, Xavier.

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Delaware Bankruptcy Judge Walsh to Retire

05/27/14

The U.S. Bankruptcy Court in Wilmington, Del., on Tuesday announced the forthcoming retirement of Judge Peter J. Walsh, effective Jan. 1. Calling Judge Walsh “irreplaceable,” the announcement nevertheless says that court officials are looking for a new judge to take his spot on the bench that has consistently presided over some of the biggest corporate restructurings in recent decades.

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Latest Stutman Refugee Heads to Utah Firm

05/27/14

In most instances, becoming a bankruptcy judge is an achievement that comes as a capstone to an already successful legal career.

For Ralph Mabey, that hallmark came at a much different time—when he was a 34-year-old lawyer who had never practiced bankruptcy law.

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The Broke and the Beautiful: Soundelux Edition

05/23/14

This week on The Broke and the Beautiful, Soundelux entered bankruptcy protection, and four 38 Studios executives want to keep some documents out of public view. Also, Girls Gone Wild founder Joe Francis got arrested.

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The Daily Docket: Energy Future Bankruptcy to Stay in Delaware

05/23/14

Energy Future Holdings Corp.’s $42 billion bankruptcy will remain in Delaware, a judge said Thursday, dashing the hopes of unhappy creditors who wanted to see the big Chapter 11 case moved to the company’s home state of Texas. The Wall Street Journal has the Daily Bankruptcy Review article here.

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The Daily Docket: Brookstone Creditors Cleared to Vote on Exit Plan

05/21/14
Konrad Fiedler/Bloomberg News

Brookstone Holdings Corp.’s creditors can begin voting on a bankruptcy-exit plan that relies on the sale of the specialty retailer at an upcoming auction.

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New Togut Partner Jeff Gleit Likes the Debtor Better

05/19/14

Jeffrey Gleit showed his versatility as a bankruptcy lawyer at some of the largest restructuring firms in the country, but his recent move to Togut Segal & Segal LLP was about getting back to what he loves most: representing debtors.

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The Broke and the Beautiful: Dr. Dre Edition

05/16/14

This week on The Broke and the Beautiful, Dr. Dre lost a bankruptcy battle against Death Row Records, and Joe Giudice got some good news. Also, Debbie Reynolds is selling off her last batch of Hollywood memorabilia.

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More of Debbie Reynolds’s Hollywood Memorabilia to be Sold at Auction

05/15/14
In this May 2013 photo, Debbie Reynolds poses for a portrait with her dog, Dwight, in Beverly Hills, Calif.
Chris Pizzello/Invision/Associated Press
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