News Topic: People

This week on The Broke and the Beautiful, Wendy Williams does her part to keep Twinkies alive, and boy-band mogul Lou Pearlman’s trustee must be feeling larger than life. Also this week, Jefferson, County, Ala., scores a run against J.P. Morgan Chase ... Read full article

Grab your cheeseheads, Bankruptcy Beat readers. We’ve got a new Chapter 11 filing on tap that blends together two of Wisconsinites’ favorite things: beer and the Green Bay Packers. ... Read full article

Lehman Brothers Holdings Inc. is asking a bankruptcy judge to slash at least $35 billion from what some of Wall Street’s biggest banks claim they are still owed from the investment bank over losses tied to residential mortgage loans that Lehman packaged ... Read full article

This week, two sports agents received bankruptcy-related news, and the Dodgers fielded some new bidders. Also, Toni Braxton was hospitalized for lupus, and Nadya “Octomom” Suleman’s fertility doctor filed for bankruptcy. ... Read full article

A judge on Thursday said Hostess Brands Inc. could begin borrowing on a $75 million loan from a lender group led by Silver Point Capital LP one day after the maker of Twinkies and Wonder bread filed its second Chapter 11 bankruptcy case in less than eight ... Read full article

Hostess Brands Inc., the maker of Twinkies and Wonder Bread, filed for Chapter 11 bankruptcy protection Wednesday to confront burdensome debt and labor costs that it says have left it fighting to compete. Read the Daily Bankruptcy Review article here . ... Read full article

Lehman Brothers Holdings Inc.’s Australian subsidiary is seeking bankruptcy protection under U.S. law and said its assets could include $1.3 billion to cover investors’ losses tied to synthetic collateralized-debt obligations. Read the Daily Bankruptcy ... Read full article

The battle to unseat Jon Doak as bankruptcy attorney for Southern Montana Electric Generation and Transmission Cooperative Inc. continued Friday, with a creditor in the case and member of the Southern Montana co-op claiming it’s Doak’s fault that its ... Read full article

This week on The Broke and the Beautiful, Joe Torre heads to bat for a Dodgers bid, and “Next 50” may finally be over. Also, a “Real Housewife” will meet up with Donald Trump. ... Read full article

According to The Wall Street Journal , Eastman Kodak Co. is readying itself to file for Chapter 11 protection in the coming weeks. ... Read full article

Associated Press Dodger Stadium Believe it or not, there was a time when the Los Angeles Dodgers organization thought it could sell fans the idea that coming to Dodger ... Read full article

Associated Press Joe Torre gestures during a news conference in this February 2011 file photo. Joe Torre is apparently going for baseball’s equivalent ... Read full article

Quiznos is reaching a deal to restructure about $870 million in debt, The Wall Street Journal reports . ... Read full article

A bankruptcy judge told Young Buck to get straight out of Cashville. ... Read full article

A handful of hedge fund companies that specialize in buying up the distressed debt of bankrupt businesses are suing Delphi Automotive PLC and some of its biggest backers, claiming the newly public auto-parts supplier is shortchanging them on a potential ... Read full article

A retired Los Angeles Dodgers pitcher is at the center of a $3 million dispute between the Major League Baseball team and insurance giant Hartford Life Insurance Co. ... Read full article

Associated Press Office workers gather on the sidewalk in downtown Washington on Aug. ... Read full article

The U.S. Supreme Court has opted to weigh in on one of the hottest topics in bankruptcy: whether lenders have the right to use debt as currency in bankruptcy auctions. Read the Daily Bankruptcy Review article here . ... Read full article