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The Daily Docket: Caesars Restructuring Hits a Snag

01/20/15

Caesars Entertainment Corp . may have violated federal law when it shuffled its casino assets, said a federal judge in a ruling that could complicate the casino company’s efforts to unload $18.4 billion in debts in a bankruptcy restructuring of its largest unit, The Wall Street Journal reports.

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The Daily Docket: Teen Retailer Wet Seal Files for Bankruptcy

01/16/15

Teen retailer Wet Seal Inc. filed for Chapter 11 bankruptcy protection early Friday morning, hoping to salvage some of its stores using a financing offer from B. Riley Co. LLC, The Wall Street Journal reports. The filing followed warnings that Wet Seal was running out of cash even after shutting down 338 stores.

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Your Bankruptcy Is a Wonderland: John Mayer May Get Stiffed on Amp Sale

01/15/15
John Mayer performs in concert during his Born and Raised Tour 2013 at the Baltimore Arena on Saturday, Dec. 14, 2013, in Baltimore.
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The Daily Docket: Caesars Puts Operating Unit Into Bankruptcy

01/15/15

Gambling giant Caesars Entertainment Corp. put its largest unit into Chapter 11 protection in Chicago early Thursday morning, leaving it to a judge to settle the bitter dispute among the company’s creditors and the investment firms whose buyout left the unit with $18.4 billion in debt, The Wall Street Journal reports. 

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Architecture Firm That Restored Statue of Liberty Seeks Bankruptcy

01/09/15
Tourists visit the Statue of Liberty in New York Harbor, Sunday, Oct. 13, 2013, in New York.
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Bankruptcy Law Overhaul Would Mean Big Changes

12/08/14

The American Bankruptcy Institute unveiled its long-awaited Chapter 11 reforms Monday morning, which aim to help struggling businesses but also propose to take away perks for lenders who extend bankruptcy loans and to remove protections for some investors who profited from leveraged buyouts. Wall Street Journal Reporter Katy Stech read the 370-page report (read her story here) so you don’t have to.

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The Daily Docket: Teen Retailer Delia*s to Shut Doors

12/05/14

Teen clothing retailer Delia*s Inc. will file for bankruptcy and shut down after it couldn’t find a merger partner or another source of money to survive after years of steady losses, The Wall Street Journal reports. The retailer’s shelves could start emptying as early as Friday in going-out-of-business sales.

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Bodybuilder’s Supplement Company Hits the Auction Block

12/01/14
Gaspari Nutrition Inc.s muscle-building formulas.
Gaspari Nutrition

A nutritional supplement business led by former professional bodybuild

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Bulldog Reporter Bankruptcy Leaves Trail of Unpaid Journalists

11/26/14

An organization that coached public-relations professionals on how to master crisis communications may need to take some of its own advice after its recent bankruptcy filing.

Bulldog Reporter, an Oakland, Calif.-based company that provided training and services for public relations professionals, recently filed for bankruptcy protection in California with liabilities of less than $1 million and assets of $178,220.

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The Daily Docket: Ex-Owners Settle Lake Las Vegas Suit for $115 Million

11/26/14

The former owners of Lake Las Vegas, including two of Texas’ billionaire Bass brothers, paid $115 million last month to quietly settle a long-running lawsuit tied to the luxurious golf community and resort’s collapse into bankruptcy in 2008, according to confidential settlements viewed by The Wall Street Journal. Read the exclusive Daily Bankruptcy Review story in the Journal.

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