People

The Daily Docket: McCourt to Sell Dodgers

11/02/11

Los Angeles Dodgers owner Frank McCourt on Tuesday made a deal with Major League Baseball Tuesday to sell the team, the Associated Press reports.

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The Daily Docket: Tribune Exit Plan Rejected

11/01/11

A judge on Monday rejected Tribune Co.’s plan to exit bankruptcy, sending the media giant back to the bargaining table to find a viable restructuring strategy after nearly three years in Chapter 11. Read the Daily Bankruptcy Review article here.

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The Daily Docket: MF Global Enters Chapter 11

10/31/11

Brokerage firm MF Global filed for Chapter 11 protection Monday. The Wall Street Journal has details regarding a deal the company was negotiating Sunday to sell its assets to Interactive Brokers Group, said a person familiar with the matter.

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The Broke and the Beautiful: World Series Edition

10/28/11

This week on The Broke and the Beautiful, the Texas Rangers come closer to winning their first World Series, the Los Angeles Dodgers and owner Frank McCourt are fraught with drama, and a $10 million home on South Florida’s Star Island that was once owned by rapper Vanilla Ice is hitting the auction block.

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The Daily Docket: Innkeepers Exits Bankruptcy

10/28/11

Innkeepers USA Trust on Thursday said it has closed its $1.02 billion sale of 64 hotels to Cerberus Capital Management LP, the last step in the hotelier’s emergence from Chapter 11 bankruptcy. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Lehman Closer to Chapter 11 Plan Approval

10/27/11

Lehman Brothers Holdings Inc. said recent settlements with a number of its far-flung foreign affiliates have put the failed investment bank on track to win approval of its plan to exit bankruptcy by the end of the year. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Lehman Wins Approval on SunCal Plans

10/26/11

A California bankruptcy judge Tuesday approved Lehman Brothers Holdings Inc.’s Chapter 11 plans for more than a dozen real-estate projects that had been caught up in the legal tug of war between the failed investment bank and land developer SunCal Cos. Read the Daily Bankruptcy Review article here.

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Former Le-Nature’s CEO’s Luck Has Run Out

10/25/11
Associated Press
Gregory Podlucky, left, arrives with attorneys for his sentencing on Thursday, Oct. 20.
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The Daily Docket: Lehman Reaches Deal With SunCal

10/25/11

Lehman Brothers Holdings Inc. and California land developer SunCal Cos. reached a settlement in their long-running fight over the fate of more than a dozen stalled real-estate projects. Read the Daily Bankruptcy Review article here.

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The Broke and the Beautiful: Scott Rothstein Edition

10/21/11

This week on The Broke and the Beautiful, two Florida sports teams are feeling the heat from Scott Rothstein’s bankruptcy trustee. Also, Lenny “Nails” Dykstra motors into a plea deal, and British band UB40 is declared bankrupt.

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