White-Collar Crime

This week on The Broke and the Beautiful, actor Patrick Dempsey, aka TV’s “McDreamy,” gives us the scoop on his purchase of the Tully’s coffee chain out of bankruptcy. Also this week, boxing promoter Don King is settling a score—on litigation related to Ponzi-scheme operator Scott Rothstein.

A judge on Thursday held off approving a deal between Hawker Beechcraft Inc . and Pension Benefit Guaranty Corp. to scrap two underfunded Hawker pension plans, saying some pension recipients negatively affected by the proposal haven’t been properly notified. Read the Daily Bankruptcy Review article here.

Just out of bankruptcy, Tribune Co. intends to drop the bulk of some 170 lawsuits that targeted senior media executives who cashed in on the going-private deal that ruined the company’s finances. Read the Daily Bankruptcy Review article here.

K-V Pharmaceutical Co. Monday unveiled a bankruptcy-exit plan that hinges on a $20 million rights offering and has already earned the support of a group of senior noteholders. Read the Daily Bankruptcy Review article here.

American Airlines parent AMR Corp.