News Topic: People

It’s a light week here on The Broke and the Beautiful. Celebrity chef Gordon Ramsay is getting sued, and some college interns have new ideas for Twinkies. Also, Inverness Distribution won a settlement that’ll let it sell off international distribution ... Read full article

A team of turnaround professionals has struck out from advisory firm Conway MacKenzie to launch a new firm that will not only advise and lead troubled companies but may also invest in some of those businesses. Larry Perkins, a former Conway senior ... Read full article

Investment firm Five Mile Capital Partners is accusing a group of well-known luxury resorts of several conflicts of interest on its board of directors, conflicts Five Mile say resulted in its not getting paid back the $50 million it lent before the ... Read full article

Sheila Smith knows bankruptcy from the inside out. The restructuring expert had an unlikely and jarring introduction to the bankruptcy world when a building materials company, under pressure from big-box retail competitors, filed for protection from ... Read full article

This week on The Broke and the Beautiful, “Game of Thrones” star Lena Headey is in financial turmoil, and actor Kevin Costner is fighting a revenue dispute in bankruptcy court. Also, the NCAA is being accused on closing the books on an investigation too ... Read full article

U.S. Trustee Tracy Hope Davis, a federal bankruptcy monitor, is railing against Residential Capital LLC’s bid to pay bonuses to top employees, saying the company must do more to prove some of the bonuses comply with the Bankruptcy Code. Read the Daily ... Read full article

Reuters The creditors of MF Global Holdings Ltd. ... Read full article

European Pressphoto Agency Kevin Costner holds his Cesar of Honor as he poses for photographs at the Cesar awards ceremony held in Paris in February 2013. A payment dispute ... Read full article

This week on The Broke and the Beautiful, singer Dionne Warwick says a little prayer in bankruptcy, and a new book paints a foul picture of Lenny Dykstra. Also, actor Alec Baldwin is helping out Central Falls High School in its bid to enter a chess ... Read full article

Bloomberg News Greg Lippmann speaks during the Bloomberg Link Hedge Funds 2010 conference at the Guggenheim Museum. Former ... Read full article

Associated Press A bankruptcy judge said it would be “inappropriate” to approve a $20 million exit package for the outgoing chief executive of American Airlines parent ... Read full article

Former British business star Paul Kemsley got a thumbs-down last Friday from a New York bankruptcy judge who was asked to shield Kemsley’s U.S. assets while a court in London helps him deal with creditors. Judge James M. Peck of the U.S. Bankruptcy Court ... Read full article

Agence France-Presse/Getty Images Lehman Brothers Holdings Inc. ... Read full article

European Pressphoto Agency Dionne Warwick Say a little prayer for Dionne Warwick…and her bank account. ... Read full article

Some former partners of Howrey LLP have agreed to spend the next several months in settlement talks to avoid litigation over the defunct law firm’s 2011 collapse. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Arnold Turner/Invision/Associated Press In this Sept. ... Read full article

This week on The Broke and the Beautiful, a trustee for Yuri Sucart says a replica 2009 World Series ring belongs to Sucart’s bankruptcy estate. Also, 10 dresses worn by Princess Diana were sold, and they weren’t cheap. ... Read full article

A handful of Howrey’s former partners can breathe easily, at least for the next few months: they’ve struck a deal that gives them time to work on settling potential lawsuits related to their roles in winding down the 55-year-old law firm. ... Read full article