People

The Daily Docket: Five Mile Seeks Independent Trustee for MSR

07/09/13

Five Mile Capital Partners LLC is accusing MSR Hotels & Resorts Inc. of using its Chapter 11 case to shield its directors from possible liability for their alleged misconduct and wants an independent trustee to take charge of the company. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Cengage Enters Bankruptcy

07/03/13

Textbook publisher Cengage Learning Inc . filed for Chapter 11 bankruptcy protection Tuesday after reaching a restructuring deal with its lenders that would slash more than $4 billion in debt from its balance sheet. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Excel Maritime Enters Bankruptcy

07/02/13

Shipping company Excel Maritime Carriers Ltd. filed for Chapter 11 bankruptcy protection late Monday after reaching a restructuring deal with its senior lenders. Read the Daily Bankruptcy Review article here.

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The Broke and the Beautiful: Cable Ready Edition

06/28/13

This week on the Broke and the Beautiful, a cable TV show distributor filed for bankruptcy, and so did “Gossip Girl” star Kelly Rutherford. Also, funk music legend Sly Stone is fighting to dismiss the bankruptcies of his ex-manager’s companies.

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The Daily Docket: Cengage Leaning Toward Bankruptcy

06/28/13

Textbook publisher Cengage Learning Inc. is edging toward Chapter 11 bankruptcy protection, The Wall Street Journal reports.

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The Daily Docket: Judge Backs Lehman Trustee Over Banks

06/26/13

A federal bankruptcy judge Tuesday ruled that repurchase agreements don’t qualify for “customer status” in a failed brokerage business, a blow to a group of banks that had sought equal footing with customers in the liquidation of Lehman Brothers Holdings Inc.’s broker-dealer. Read the Daily Bankruptcy Review article here.

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Sly Stone Wants Ex-Manager’s Bankruptcies Tossed

06/25/13
Sony Music Entertainment
Sly Stone of Sly and The Family Stone

Funk music legend Sly Stone is asking a bankruptcy judge to dismiss the Chapter 11 cases invol

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The Daily Docket: TMT Gears Up to Defend Bankruptcy

06/25/13

Taiwanese shipping company TMT Group is gearing up for a fight over its right to remain in bankruptcy protection in the U.S. Read the Daily Bankruptcy Review article here.

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The Broke and the Beautiful: BSB Edition

06/21/13

This week on The Broke and the Beautiful, the Backstreet Boys are still dealing with the fallout of boy-band mogul Lou Pearlman. Also, film financier David Bergstein gets some new lawyers.

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The Daily Docket: Judge OKs Kodak Deal to Settle U.K. Pension Claim

06/21/13

A bankruptcy judge approved a key component of Eastman Kodak Co.’s restructuring Thursday, allowing the company to hand its personalized-imaging and document-imaging businesses to U.K. retirees. Read the Daily Bankruptcy Review article here.

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