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The Daily Docket: Lehman Inks Loan-Portfolio Deal

07/28/11

Lehman Brothers Holdings Inc. struck a deal with WCAS Fraser Sullivan Investment Management LLC that will allow the failed investment bank to turn its $5.3 billion commercial-loan portfolio into cash. Read the Daily Bankruptcy Review story here.

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Beso Investor Wants to Put Longoria Under Spotlight

07/27/11
Reuters

Eva Longoria is used to the spotlight, but the latest request for the actress’s appearance doesn’t involve the red carpet.

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The Daily Docket: U.K. Court Dismisses Lehman Appeal

07/27/11

Britain’s Supreme Court on Wednesday dismissed an appeal by units of Lehman Brothers Holdings Inc. and Bank of New York Mellon, a win for investors in a high-stakes legal dispute involving complex derivatives transactions that has divided courts on both sides of the Atlantic. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Bankruptcy Beat Snapshot: Brian Resnick

07/26/11

Partner at Davis Polk & Wardwell LLP.

Graduate of Columbia Law School.

Performed on “Saturday Night Live” with Tina Fey and Rudy Giuliani.

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The Broke and the Beautiful: Housewives Edition

07/22/11
Reuters

This week in The Broke and the Beautiful, housewives both real and fictional are in bankruptcy court, the New York Times nails a profile on former slugger Lenny Dykst

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Kinkade’s Production Arm Emerges with Clearer Financial Picture

07/21/11

In a tone as uplifting as one of his portraits, Thomas Kinkade’s art empire announced that its separately operated production unit has emerged from bankruptcy protection.

A San Jose, Calif., judge approved the Chapter 11 reorganization plan for the painter’s manufacturing subsidiary, formally called Pacific Metro LLC, enabling the business to begin following the formula for financial success it devised under the bankruptcy court’s watch.

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The Daily Docket: No Decision on Dodgers Loan

07/21/11

A bankruptcy judge declined to rule Wednesday evening on the contentious battle between the Los Angeles Dodgers and Major League Baseball over who will fund the team’s Chapter 11 case. Read the Daily Bankruptcy Review story here.

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Dodgers Called On Goldman, Time Warner Cable for Loan

07/20/11
Getty Images
Los Angeles Dodgers owner Frank McCourt

When the Los Angeles Dodgers set out to find a bankruptcy loan, the team called on the aces of commercial finance, inc

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The Daily Docket: Tokio Marine Unit Seeks U.S. Creditor Protection

07/20/11

The European unit of Tokio Marine Holdings Inc., Japan’s biggest nonlife insurer, sought creditor protection in the U.S. to complete the wind-down of its London reinsurance business. Read the Daily Bankruptcy Review story here.

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The Broke and the Beautiful: Celebrities in Bankruptcy

07/15/11

Hello, and welcome to The Broke and the Beautiful. With this new weekly fixture, Bankruptcy Beats aims to bring you a roundup of the biggest celebrity-related bankruptcy news. This week, creditors of Eva Longoria’s Beso LLC want a trustee for the business, whose nightclub just closed. Rapper 50 Cent is fighting former protégé Young Buck’s bankruptcy plan, and the Los Angeles Dodgers make headlines with news on injured fan Bryan Stow.

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