On this week’s The Broke and the Beautiful, Janice Dickinson is strutting down the bankruptcy catwalk, and Arnold Klein got hit with an arrest warrant. Also, Girls Gone Wild’s trustee wants to ban Joe Francis from the company’s headquarters.
This week on The Broke and the Beautiful, former Westlife singer Shane Filan is recording a solo album, and a new documentary looks at the Madoff scandal through a unique perspective. Also, Tareq Salahi’s family winery is on the market.
Struggling shipping company Excel Maritime Carriers Ltd. is nearing a restructuring deal with its lenders but could still have to file for Chapter 11 in the U.S., according to a person familiar with the matter. Read the Daily Bankruptcy Review article here.
A bankruptcy-court judge on Wednesday cleared regional carrier Pinnacle Airlines Corp. to leave Chapter 11 as a unit of Delta Air Lines Inc. , a decision that streamlines Pinnacle’s operations and costs in an increasingly consolidating airline industry.
A judge on Tuesday approved three measures that will together allow billions of dollars to be returned to customers of Lehman Brothers Holdings Inc.’s collapsed brokerage, and soon.