White-Collar Crime

The Daily Docket: Trump to Buy Doral

02/29/12

A company controlled by real-estate mogul Donald Trump is set to buy the Doral Golf Resort & Spa in Miami out of Chapter 11 protection and prepare it for a massive renovation after no other bidders stepped up to challenge its $150 million offer for the iconic resort. Read the Daily Bankruptcy Review article here.

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The Daily Docket: A&P Wins Bankruptcy Plan Approval

02/28/12

A judge on Monday approved Great Atlantic & Pacific Tea Co.’s plan to exit bankruptcy proceedings as a leaner grocery chain by both store count and cost of labor, more than a year after the owner of A&P and other supermarkets filed for Chapter 11. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Lehman, J.P. Morgan Fight Takes Center Stage

02/27/12

A legal fight between Lehman Brothers Holdings Inc. and J.P. Morgan Chase & Co. over claims that the bank illegally siphoned billions of dollars from Lehman in the weeks before its collapse illustrates what happens when the “shadow” banking system runs headlong into bankruptcy court. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Big Frowns for Small Smiles

02/22/12

The financially struggling operator of Small Smiles Dental filed for Chapter 11 bankruptcy protection to begin the process of selling its operations to repay its debts. Read the Daily Bankruptcy Review article here.

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The Broke and the Beautiful: Busey Redux Edition

02/17/12

This week on The Broke and the Beautiful, Gary Busey’s assets are revealed. Also, Tionne “T-Boz” Watkins’s bankruptcy case has been dismissed, and Don Henley’s nonprofit group will return half of the donation it got from Ponzi-scheme operator Scott Rothstein.

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The Daily Docket: Lehman Seeks to Subpoena Geithner

02/17/12

Lehman Brothers Holdings Inc. and its creditors said they want to subpoena Treasury Secretary Timothy Geithner over allegations J.P. Morgan Chase & Co. illegally siphoned billions of dollars from the collapsing investment bank before it filed for bankruptcy. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Kodak Can Keep Borrowing On Loan

02/16/12

A judge on Wednesday said Eastman Kodak Co. could continue borrowing on its $950 million bankruptcy loan from Citigroup Inc., after satisfying several parties’ concerns with it. Read the Daily Bankruptcy Review article here.

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The Daily Docket: ‘No’ On Chapter 11 Plan Roils Washington Mutual Case

02/15/12

Washington Mutual Inc. is looking at trouble Thursday when it makes its third attempt to get its $7 billion Chapter 11 plan confirmed, thanks to a significant “no” vote by preferred shareholders. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Missing MF Global Customer Money Totals $1.6B

02/13/12

The trustee supervising the liquidation of MF Global Holdings’ brokerage on Friday said that more than $1.6 billion in customer cash remains out of his grasp, more than previously estimated. Read the Daily Bankruptcy Review article here.

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The Broke and the Beautiful: Gary Busey Edition

02/10/12

This week on The Broke and the Beautiful, actor and “Celebrity Apprentice” contestant Gary Busey files for Chapter 7 bankruptcy, and Chrysler’s Super Bowl ad sparks controversy. Also, the New York Mets’ owners face new allegations regarding Bernard Madoff’s Ponzi scheme.

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