People

Sonya Dakar Follows Her Clinic Into Bankruptcy

05/03/12

Only one day after her daughter put Sonya Dakar’s Hollywood skincare clinic into bankruptcy, the esthetician to the stars filed for Chapter 11 protection herself.

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The Daily Docket: Lehman Trustee Reaches Customer-Repayment Deal

05/03/12
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The trustee winding down Lehman Brothers brokerage has reached agreement with its former parent and its U.K.

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The Daily Docket: Kodak Allowed to Pay Bonuses

05/01/12

A judge on Monday said Eastman Kodak Co. could pay millions of dollars in bonuses to several hundred employees to keep them happy and at the company, overruling an objection by the Justice Department’s bankruptcy-watchdog unit. Read the Daily Bankruptcy Review article here.

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Ex-NFL Player Sues ‘Jerry Maguire’ Agent Leigh Steinberg

04/27/12

A former National Football League player and current coach is suing former super agent Leigh Steinberg in bankruptcy court over unpaid loans.

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The Broke and the Beautiful: In Da (Bankruptcy) Club Edition

04/27/12

This week on The Broke and the Beautiful, rapper 50 Cent is laying claim to former protégé Young Buck’s IP, and Teresa Giudice is updating us on her bankruptcy. Also this week, the Boston Red Sox president’s special assistant says the Los Angeles Dodgers owe him nearly $1 million.

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The Daily Docket: Betsey Johnson Enters Bankruptcy

04/27/12

Fashion designer Betsey Johnson’s company filed for bankruptcy protection Thursday night in New York, following poor performance in its chain of retail stores. Read the Daily Bankruptcy Review article here.

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The Daily Docket: AMR Adviser Says Stakeholders May Want Merger

04/26/12

Echoing Tuesday’s opinion by the parent of America Airlines’ chief restructuring officer, a restructuring adviser to AMR Corp. said drastic cuts in labor costs are needed. Managing Director David L. Resnick also said the company’s stakeholders will probably want it to explore consolidating with a rival airline after it emerges from bankruptcy.

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50 Cent Stakes Claim in Young Buck Recordings

04/24/12
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50 Cent performs onstage during the third day of the 2012 Coachella Valley Music & Arts Festival.

Rapper 50 Cent is laying clai

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The Daily Docket: Alabama Says Munis Can Enter Bankruptcy

04/23/12

Alabama’s top court ruled that the state’s struggling cities and counties have the power to file for Chapter 9 bankruptcy protection, a decision that largely frees the state’s most populous metropolitan area to move ahead with its five-month-old bankruptcy case. Read the Daily Bankruptcy Review article here.

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