News Topic: Restructuring

This week on The Broke and the Beautiful, it’s a sports bonanza. A director documents how sports stars go broke, Michael Vick has spent some money, Curt Schilling might need to sell a bloody sock, and much, much more! ... Read full article

Reuters The trustee winding down Lehman Brothers’ brokerage has settled a $6 billion dispute with the failed investment bank’s former Swiss derivatives unit, one of the last holdouts among Lehman’s foreign affil ... Read full article

Bakers Footwear Group Inc. has filed for bankruptcy protection, The Wall Street Journal reports . ... Read full article

For California’s Alma Rosa Winery, the old saying about lemons should be tweaked to: “When life hands you bankruptcy, sell wine.” ... Read full article

Getty Images The cast of “Newsies” perform onstage at the Tony Awards on June 10, 2012, in New York City. ... Read full article

Ally Financial Inc. is worried that the proposed sale of Residential Capital LLC’s mortgage-servicing platform might hamstring ResCap’s promise to abide by the terms of a landmark national mortgage settlement. Read the Daily Bankruptcy Review article here ... Read full article

Associated Press Curt Schilling is one of many athletes or former athletes who’ve had brushes with bankruptcy. Ever wonder how pro ... Read full article

Philip Falcone ‘s LightSquared on Friday made a proposal to the Federal Communications Commission that the company hopes will solve the regulatory issues surrounding its wireless satellite network and help it build its business faster without abandoning ... Read full article

This week on The Broke and the Beautiful, Digital Domain creative leaders want a happy ending, and a Lynyrd Skynyrd-themed restaurant finds a sweet home in bankruptcy. Also this week, a Ponzi-scheme operator disputed a lawsuit involving musician John ... Read full article

The restaurant is behind this wall. There isn’t much left of Lynyrd Skynyrd BBQ & Beer—just a white wall and a group of shocked employees. ... Read full article

Reuters Lehman Brothers Holdings Inc. ... Read full article

Bob Wojcieszak/Charleston (W.Va.) Daily Mail United Mine Workers members, retirees, spouses and widows march to the federal courthouse on Virginia Street in Charleston, W.Va., ... Read full article

Honda/AFP/Getty Images General Motors Co . ... Read full article

Reuters Digital Domain Park in Port St. Lucie, Fla., is seen in this file photo taken Feb. 22, 2012. A happy ending. ... Read full article

Associated Press Hostess Brands Inc. Tuesday launched its courtroom campaign to impose new labor deals on a group of unions that represent a small slice of the Twinkie maker’s workforce. ... Read full article

Getty Images A holographic image of Tupac Shakur is seen performing during the 2012 Coachella Valley Music & Arts Festival at the Empire Polo Field on April 15, 2012 in Indio, ... Read full article

A U.S. House panel on Friday looked into whether the Federal Communications Commission followed its own rules when it gave Phil Falcone’s LightSquared approval for a wireless network in early 2011, a decision that has since been put on hold over ... Read full article

Critics who see the restructuring world as unholy are left without an attack on the industry’s latest effort to raise money for the poor. A handful of Roman Catholic professionals in the corporate restructuring industry have rallied their colleagues for a ... Read full article