People

A judge ruled that Detroit was eligible for Chapter 9 bankruptcy protection, The Wall Street Journal reports.

Several former Dewey & LeBoeuf LLP partners face lawsuits demanding nearly $10 million, part of a continuing quest to recover the tens of millions of dollars attorneys received before the law firm’s demise. Read the Daily Bankruptcy Review article here.

This week on The Broke and the Beautiful, Aaron Carter is in bankruptcy, and Teresa and Joe Giudice got more fraud charges filed against them. Also, there’s a fight going on over TimeGate’s videogames.

This week on The Broke and the Beautiful, DMX’s bankruptcy case was dismissed and Lou Pearlman’s creditors are finally getting paid. Also, bankruptcy lawyers are searching for a buyer from Girls Gone Wild.

Why bother to start a porn empire from scratch when you