News Topic: People

Agence France-Presse/Getty Images Hostess Brands Inc.’s chief executive says the contentious battle over union pension plans has become a “gate-keeping issue” in the case that ... Read full article

Associated Press Warren Sapp This week on The Broke and the Beautiful, former football star Warren Sapp’s debts catch up with him, broke sports agent Leigh Steinberg aims fo ... Read full article

This week on The Broke and the Beautiful, Newt Gingrich’s think tank elects for bankruptcy protection, and the Dodgers and AFA Foods have a surprising connection. Also this week, Young Buck’s intellectual property is rapping its way toward the auction ... Read full article

Whether you’re a music industry insider or a fan, listen up: rapper Young Buck’s intellectual property, including song compositions and royalties, can be yours. ... Read full article

Associated Press Newt Gingrich A consulting group started by Newt Gingrich has found itself in more trouble than the former House Speaker’s presidential campaign, filing f ... Read full article

Creditors of Hostess Brands Inc. said in court papers the company may have “manipulated” its executives’ salaries higher in the months leading up to its Chapter 11 filing, in what the creditors called a possible effort by Hostess to “sidestep” Bankruptcy ... Read full article

Minnesota lawmakers have passed legislation to protect nonprofits and religious groups from the so-called clawback lawsuits that are a crucial tool for recovering funds stolen from Ponzi-scheme victims. That’s the idea behind the bill that now sits on the ... Read full article

This week on The Broke and the Beautiful, the Los Angeles Dodgers have scored a new owner in basketball superstar Magic Johnson. Also, Dolby is making noise about acquiring naming rights to the former Kodak Theatre. ... Read full article

A group led by basketball star Magic Johnson won the Los Angeles Dodgers at a bankruptcy auction Tuesday, The Wall Street Journal reports . ... Read full article

Bloomberg News Two days after failed solar-power company Solyndra filed for Chapter 11 bankruptcy protection, its California headquarters became the site for a surprise raid ... Read full article

Associated Press Blue flywheel battery pits are seen at Beacon Power in Stephentown, N.Y., on July 7, 2011. ... Read full article

Lawyers for Treasury Secretary Timothy Geithner said he will respond to questions from Lehman Brothers Holdings Inc.’s creditors over allegations that J.P. Morgan Chase & Co. illegally siphoned billions of dollars from the collapsing investment bank ... Read full article

Bloomberg News Fred Wilpon, chairman and chief executive of the New York Mets, right, and president Saul Katz laugh while exiting a Manhattan federal court Monday. Monday’s ... Read full article

The Western Mohegan Tribe & Nation of New York has filed for bankruptcy protection. Against the Native American community’s grip of sovereign rights, the request for protection from a federal court would be a jarring development—that is, if only the ... Read full article

Agence France-Presse/Getty Images It’s out with the old, in with the new for Hostess Brands Inc. ... Read full article

A judge ordered mediation for Dynegy Holdings LLC after a bankruptcy watchdog called for an independent trustee to take over its Chapter 11 case. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

This week on The Broke and the Beautiful, Lenny Dykstra gets prison time and the owners of the New York Mets must pay up. Also, a judge wants the Los Angeles Dodgers and Bryan Stow to settle their dispute. ... Read full article

J.P. Morgan Securities LLC analysts said Wednesday they are “underwhelmed” by AMR Corp.’s standalone restructuring plan and believe it’s more likely that the parent of American Airlines will merge with a competitor. Read the article in Daily Bankruptcy ... Read full article