News Topic: People

A year into Jefferson County, Ala.’s historic bankruptcy, its elected leaders aren’t the ones who are fully in control of the case’s direction. Neither are the brightest attorneys hired by Wall Street banks to protect their $3.2 billion investment in the ... Read full article

Nearly two years after a “fierce” debate that “fizzled as quickly as it started,” University of Pennsylvania law professor David Skeel is arguing that the idea of giving states a way to file for bankruptcy remains relevant and necessary. In addition to ... Read full article

On this week’s The Broke and the Beautiful, MGM is back on the big screen with “Skyfall,” and Tupac’s virtual likeness has inspired TLC. Also, a museum dedicated to Wayne Newton got some bankruptcy financing. ... Read full article

Homer City Funding LLC, a special-purpose vehicle formed in connection with the $1.6 billion purchase of a Pennsylvania coal-fired power plant in 2001, has filed for Chapter 11 bankruptcy protection after reaching a debt-restructuring deal with its ... Read full article

Rachel Feintzeig Stroock & Stroock & Lavan LLP’s downtown Manhattan office sustained damage from superstorm Sandy that could take weeks to repair. As res ... Read full article

EPA/Franck Robichon Suzuki Motor Corp. ’s U.S. ... Read full article

This week on The Broke and the Beautiful, Toni Braxton’s estranged husband is in trouble, and musician Cat Power might need to cancel her tour. Also this week, the Dan Marino Foundation won’t have to pay the bankruptcy trustee of Scott Rothstein’s law ... Read full article

Frank Merola Restructuring lawyer Frank Merola has worked on a lot of casino ... Read full article

Associated Press The charity founded by ex-football star Dan Marino, pictured here, doesn’t owe money to Rothstein Rosenfeldt Adler’s creditors, a judge ruled. The charity ... Read full article

Associated Press Michael Mancini, who impersonated a bankruptcy lawyer, often called himself a name similar to Supreme Court Justice Antonin Scalia. Hear ... Read full article

This week on The Broke and the Beautiful, a senator from New York wants to keep Hickey Freeman’s operations domestic, a museum did more than entertain the notion of bankruptcy, and a music festival has called it quits. ... Read full article

Warren Buffett  ’s Berkshire Hathaway Inc. was the winning bidder in a bankruptcy auction for a portfolio of loans from Residential Capital LLC , the subprime mortgage unit of government-owned Ally Financial Inc., ResCap said Thursday. Read the Daily ... Read full article

Alan L. Wurtzel Alan L. ... Read full article

With a $3 billion bid Ocwen Financial Corp. was named the winner Wednesday in a bankruptcy auction for the mortgage-servicing and origination assets of lender Residential Capital LLC. Read the article in Daily Bankruptcy Review . ... Read full article

A bankruptcy judge Monday confirmed Solyndra LLC’s Chapter 11 plan, brushing aside protests from the Department of Energy, which stands to lose most of the $527 million in taxpayer dollars it risked on the company. Read the Daily Bankruptcy Review article ... Read full article

This week on The Broke and the Beautiful, a museum dedicated to Wayne Newton is doing more than just entertaining the notion of a bankruptcy filing, and some of Broke’s all-stars are getting together on the newest season of “Celebrity Apprentice.” Also, ... Read full article

A bidding war for A123 Systems Inc. broke out in bankruptcy court Thursday between a spurned Chinese suitor and an American auto-parts maker. Read the Daily Bankruptcy Review article here . ... Read full article

Associated Press Wayne Newton performs during the 100th Anniversary celebration of Arizona’s statehood, Tuesday, Feb. ... Read full article