Reorganizations

Guggenheim, which includes former basketball star Earvin Johnson and hedge fund tycoon Mark Walter, bought the storied franchise from Frank McCourt for a lofty $2.15 billion and will bring it out of Chapter 11 bankruptcy. "The Dodgers emerge ...

In a statement released by the Dodgers in behalf of McCourt, the club stated: "The Dodgers emerge from the Chapter 11 reorganization process having achieved its objective of maximizing the value of the Dodgers through a successful Plan of Reorganization ...

"The Dodgers emerge from the Chapter 11 reorganization process having achieved its objective of maximizing the value of the Dodgers through a successful Plan of Reorganization, under which all claims will be paid," according to a team statement.

Tennis racquet and apparel company Prince Sports Inc. and its U.S. affiliates filed voluntary petitions for Chapter 11 reorganization Tuesday at U.S. Bankruptcy Court in Delaware. The Bordentown, N.J., company also filed a proposed plan of ...

Mister Bee's filed for Chapter 11 bankruptcy last November. Since then, the company has restructured and a private investor has provided money for operations. Mallett says the most of the employees have returned to work. The company employs more than 30 people.