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Happy Holidays From Bankruptcy Beat!

12/23/13
Bret Hartman/AP Images for Friskies
Friskies “spokescat” Grumpy Cat sits on Santa’s lap at the world premiere event for the music video “Hard to Be a Cat at Christmas” on Tue
[more]

Happy Holidays From Bankruptcy Beat!

12/23/13
Bret Hartman/AP Images for Friskies
Friskies “spokescat” Grumpy Cat sits on Santa’s lap at the world premiere event for the music video “Hard to Be a Cat at Christmas” on Tue
[more]

Bankruptcy Moves

12/19/13

Timothy J. Dance has joined law firm Snell & Wilmer LLP as a member of the bankruptcy group. Mr. Dance, who’s a member of the American Bankruptcy Institute, concentrates his work on bankruptcy, foreclosure, creditors’ rights and receivership and has worked with clients in restructuring financial transactions. He earned his law degree from the University of Washington School of Law.

[more]

Bankruptcy Moves

12/19/13

Timothy J. Dance has joined law firm Snell & Wilmer LLP as a member of the bankruptcy group. Mr. Dance, who’s a member of the American Bankruptcy Institute, concentrates his work on bankruptcy, foreclosure, creditors’ rights and receivership and has worked with clients in restructuring financial transactions. He earned his law degree from the University of Washington School of Law.

[more]

Bankruptcy Judges Peck and Gropper to Retire

12/17/13

The U.S. Bankruptcy Court in Manhattan is losing two veteran judges to retirement next year.

Judge James Peck, who presided over the historic Lehman Brothers Chapter 11, will retire at the end of next month, and Kodak Judge Allan L. Gropper will step down next fall, according to a press release issued by the bankruptcy court clerk for the Southern District of New York.

“They will be missed,” said Chief Bankruptcy Judge Cecelia G. Morris in the release. “Their influence will continue through their well-reasoned written opinions.”

[more]

Bankruptcy Judges Peck and Gropper to Retire

12/17/13

The U.S. Bankruptcy Court in Manhattan is losing two veteran judges to retirement next year.

Judge James Peck, who presided over the historic Lehman Brothers Chapter 11, will retire at the end of next month, and Kodak Judge Allan L. Gropper will step down next fall, according to a press release issued by the bankruptcy court clerk for the Southern District of New York.

“They will be missed,” said Chief Bankruptcy Judge Cecelia G. Morris in the release. “Their influence will continue through their well-reasoned written opinions.”

[more]

Death Row Trustee Aims to Start Paying Creditors

12/10/13

Creditors of Death Row Records and Marion “Suge” Knight may soon see their first payment in nearly eight years, although one obstacle could come from none other than the rapper Dr. Dre.

Lawyers representing the rapper, whose given name is Andre Young, recently notified a bankruptcy judge that they’d file a $3 million claim on the rapper’s behalf in the bankruptcy cases of the record label and its founder, Mr. Knight. The claim seeks payment for records sold during the bankruptcy case, according to court papers.

[more]

Death Row Trustee Aims to Start Paying Creditors

12/10/13

Creditors of Death Row Records and Marion “Suge” Knight may soon see their first payment in nearly eight years, although one obstacle could come from none other than the rapper Dr. Dre.

Lawyers representing the rapper, whose given name is Andre Young, recently notified a bankruptcy judge that they’d file a $3 million claim on the rapper’s behalf in the bankruptcy cases of the record label and its founder, Mr. Knight. The claim seeks payment for records sold during the bankruptcy case, according to court papers.

[more]

The Daily Docket: Dish’s Ergen Heads Back to Court Over LightSquared Debt Purchases

12/10/13

Phil Falcone ’s Harbinger Capital Partners is urging a judge to hear a lawsuit against Dish Network Corp.  and Chairman Charlie Ergen over Mr. Ergen’s LightSquared debt purchases, again saying they were illegally made on behalf of Dish. Read it here in Daily Bankruptcy Review.

[more]

The Daily Docket: Dish’s Ergen Heads Back to Court Over LightSquared Debt Purchases

12/10/13

Phil Falcone ’s Harbinger Capital Partners is urging a judge to hear a lawsuit against Dish Network Corp.  and Chairman Charlie Ergen over Mr. Ergen’s LightSquared debt purchases, again saying they were illegally made on behalf of Dish. Read it here in Daily Bankruptcy Review.

[more]