restaurants

Popular music-streaming company Pandora Media Inc. plans to pay $75 million for the assets of Spotify competitor Rdio, which filed for bankruptcy Monday. Read the Daily Bankruptcy Review article via The Wall Street Journal.

In the bankruptcy case of the little Spanish sandwiches, a big fight is heating up.

During a hearing last week, a federal judge said the South Florida franchise of 100 Montaditos could shut down despite the bankruptcy filing of the Spanish restaurant’s U.S. arm.

The ruling was basically a formality—the bankruptcy code might have prevented the franchisee from shutting down his operations without the judge’s approval—but it preserved the ability of franchisees and the company to take legal action against each other in the future.

Celebrities ruled in 2013, but retail and restaurants reigned supreme on Bankruptcy Beat this year. It’s time to break free of 2014, though—a new year is coming.  Coldwater Creek, which nailed three of our top 11, was the winner with more than 122,000 total views. Here are our top 11 posts.

Coldwater Conundrum

When Washington, D.C., restaurateur Richard Cervera filed for personal bankruptcy last year, he didn’t tell the court that he had gained a slice of ownership in several Capitol Hill restaurants just nine days prior.

Nor did he mention that he was negotiating a $200,000-a-year salary with the other owners who teamed up to buy the storied Hawk ‘n’ Dove, Molly Malone’s and six other restaurants from Mr. Cervera’s brother, Xavier.

Investors who bought several restaurants that fueled the dining boom in Washington, D.C.’s Capitol Hill neighborhood are accusing the D.C. restaurateur who sold the eateries of sabotaging the restaurants in a scheme to take them back. And they want their scooter back, too.