People

The Daily Docket: Patriot Lawyer, Judge Battle Over Bankruptcy Venue

09/12/12

A New York judge on Tuesday grilled a lawyer representing Patriot Coal Corp.’s union workers over whether the company’s bankruptcy case should be moved to Charleston, W.V., home of most of Patriot’s coal mines. Read the Daily Bankruptcy Review article here.

[more]

Bankruptcy Lawsuit Targets John Mayer

09/11/12
Associated Press
John Mayer performs on the NBC “Today” show in New York Friday, July 23, 2010.

From running off his mouth

[more]

The Daily Docket: Digital Domain Files for Chapter 11

09/11/12

Digital Domain Media Group Inc . said it filed for Chapter 11 bankruptcy and agreed to sell its core business to private investment firm Searchlight Capital Partners LP for $15 million. Click here to read the article in DBR Small Cap.

[more]

The Daily Docket: Resort Owner Defends Stalking-Horse Bidder Protections

09/10/12

The owner of several U.S. luxury resorts says it was “compelled” to offer controversial buyer protections to Singapore’s real-estate investment arm in order to secure its $1.5 billion bid. Read the Daily Bankruptcy Review article here.

[more]

The Broke and the Beautiful: Toni! Toni! Toní! Edition

09/07/12

This week on The Broke and the Beautiful, R&B singer Toni Braxton is talking about her bankruptcies on VH1, and Young Buck’s trustee is done trying to sell the rapper’s intellectual property. Also, the wife of Ponzi schemer Scott Rothstein is charged with money laundering.

[more]

Behind the Braxton Bankruptcies

09/06/12
Reuters
Toni Braxton performs on the final day of the 21st Annual St.
[more]

The Daily Docket: Journal Register Enters Bankruptcy

09/06/12

Journal Register Co., the publisher behind local newspapers such as the New Haven Register, is back in bankruptcy protection, three years after emerging from a previous Chapter 11 stint. Read the Daily Bankruptcy Review article via The Wall Street Journal.

[more]

The Daily Docket: Solyndra Backers Could Get $300M in Tax Breaks

09/05/12

Losses bankrupt solar power equipment maker Solyndra LLC racked up during its brief existence could translate into more than $300 million worth of tax breaks for private equity backers in the future, new court papers say. Read the Daily Bankruptcy Review article here.

[more]

Trustee: Young Buck IP Sale No Longer Worth It

09/04/12
EPA
50 Cent arrives at the opening gala of the International Radio Exhibition (IFA) 2012 in Berlin on Aug.
[more]

The Daily Docket: Contec Plans Quick Trip Through Bankruptcy

09/04/12

Bain Capital Partners’ Contec Holdings Ltd. plans a speedy trip through bankruptcy with a debt-for-equity swap that will displace the private-equity firm and leave banks in charge, attorneys said at a court hearing Friday. Read the Daily Bankruptcy Review article here.

[more]