People

The Broke and the Beautiful: Stronger Edition

06/22/12

This week on The Broke and the Beautiful, Teresa Giudice says bankruptcy made her stronger, and “Octomom’s” home went into foreclosure. Also, creditors of Soup Kitchen International, made famous by the Soup Nazi character on “Seinfeld,” are stewed.

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The Daily Docket: Ex-First Regional Parent Enters Bankruptcy

06/21/12

The holding company behind the failed First Regional Bank in Los Angeles, whose $2.18 billion in assets were seized by federal banking regulators nearly 18 months ago, has filed for bankruptcy protection with just a fraction of that amount—$1.3 million—left in its coffers. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Berkshire, Nationstar Named Lead Bidders for ResCap

06/20/12
Reuters
Warren Buffett holds a Dairy Queen ice cream bar and answers reporters’ questions before the Berkshire Hathaway annual meeting in April 2011. 

Wa

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The Daily Docket: Judge Approves ResCap Examiner

06/19/12
Bloomberg
Warren Buffett

A judge on Monday granted the wish of Warren Buffett’s Berkshire Hathaway Inc.

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Bankruptcy Made Us Stronger, Teresa Giudice Says

06/18/12

The first “Real Housewife” to seek bankruptcy protection, Teresa Giudice of New Jersey, talked about her bankruptcy experience on the latest episode of Bravo’s “Real Housewives of New Jersey.”

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The Daily Docket: Berkshire Offered $1 for ResCap Ahead of Bankruptcy

06/18/12

Residential Capital LLC says Warren Buffett’s Berkshire Hathaway Inc. made an offer to buy all of ResCap’s equity for $1 before the mortgage servicer was put into bankruptcy last month. Read the Daily Bankruptcy Review article here.

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The Broke and the Beautiful: Irish Boy Band Edition

06/15/12

This week on The Broke and the Beautiful, Westlife singer Shane Filan is crooning the bankruptcy blues, and Stephen Baldwin lost a lawsuit against fellow actor Kevin Costner. Also, Curt Schilling was sued personally for $2.4 million over a loan from Citizens Bank to his failed videogame company.

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Dreier’s Art Adviser Faces Clawback

06/14/12
Associated Press
Marc Dreier

Imprisoned attorney Marc Dreier’s former art adviser, who helped the once high-flying lawyer build an impressive art collection populated by suc

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