People

Watchdog Instructs 50 Cent to Protect Investment Accounts

09/17/15
Curtis “50 Cent” Jackson attends Annual Charity Day hosted by Cantor Fitzgerald and BGC at BGC Partners Inc. on Sept.11 in New York City.
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KKR’s Samson Resources Enters Chapter 11

09/17/15

Oil and gas producer Samson Resources LLC, which was taken over by KKR & Co. in a leveraged buyout in 2011, filed for bankruptcy protection, The Wall Street Journal reports.

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Alabama Bankruptcy Judge Retires From the Bench

09/16/15

Thomas Bennett, the judge who oversaw the $4.1 billion bankruptcy of Jefferson County, Ala., has retired from the court and taken a job at a law firm, the latest retirement in a noticeable judicial exodus.

Mr. Bennett, 66 years old, joined Bailey Glasser LLP as a partner last month, bringing his expertise in municipal bankruptcy, mediation and complex commercial litigation. He plans to work out of the firm’s Washington, D.C., office.

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Ultimate Nutrition Settles Dispute With Mr. Olympia Contest

09/14/15
Mr Olympia Phil Heath poses in 2012 in Melbourne, Australia.
Getty Images

The battle is over between the maker of Ultimate Nutrition prote

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Coming and Going Concerns

09/03/15

Sarah Frankel has launched the525group, a recruitment firm for professional services firms in the bankruptcy and restructuring industry. Ms. Frankel, a board adviser at the International Women’s Insolvency & Restructuring Confederation, has also been on the board of the Turnaround Management Association. She has experience as a business development adviser.

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Failed Bank’s COO Sentenced to 8 Years in Prison

09/02/15

The former chief operating officer and chief credit officer of a California-based bank that went bust must spend more than eight years in prison, a federal judge ruled Tuesday.

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Next Week in Bankruptcy

08/21/15
Rapper 50 Cent exited a New York courthouse last month after testifying in a sex tape lawsuit.
Brendan McDermid/Reuters

Though he’s not exactly known for

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Altegrity Wins Restructuring Plan Approval

08/17/15

Altegrity Inc., which became known after National Security Agency contractor Edward Snowden was vetted by one of its units, won approval of its chapter 11 plan.Read the Daily Bankruptcy Review article here.

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