White-Collar Crime

The Daily Docket: NewPage May Enter Bankruptcy

08/19/11

NewPage Corp., a struggling Midwestern paper maker controlled by Cerberus Capital Management LP, warned in a regulatory filing that it may have to file for bankruptcy protection if it’s unable refinance its crushing debt load. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Centerbridge Blasts Lehman Plan

08/17/11

New York hedge-fund manager Centerbridge Credit Advisors LLC is objecting to Lehman Brothers Holdings Inc.’s liquidation plan, saying among other things that some of its claims are being treated less favorably than they should be. Read the Daily Bankruptcy Review article here.

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The Broke and the Beautiful: Vegas Edition

07/29/11
Hector Guerrero/AFP/Getty Images

This week on The Broke and the Beautiful, Beso’s back in the news and football players are fumbling.

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The Daily Docket: Borders Preps for Sale

07/29/11

As liquidators work to clear books from its retail shelves, Borders Group Inc. is preparing for a sale that could enable the bookseller’s brand to live on even after its stores go dark. Read the Daily Bankruptcy Review article here.

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The Daily Docket: U.K. Court Dismisses Lehman Appeal

07/27/11

Britain’s Supreme Court on Wednesday dismissed an appeal by units of Lehman Brothers Holdings Inc. and Bank of New York Mellon, a win for investors in a high-stakes legal dispute involving complex derivatives transactions that has divided courts on both sides of the Atlantic. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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The Daily Docket: McCourt Whiffs on Dodgers Bankruptcy Loan

07/25/11

A Delaware bankruptcy judge rejected embattled Los Angeles Dodgers owner Frank McCourt’s attempt to use the team’s Chapter 11 case to circumvent Major League Baseball, ruling Friday that the team could not use a $150 million loan from a New York hedge fund to finance its operations. Read the Daily Bankruptcy Review article here.

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Rothstein Trustee Sues Jeweler to Recoup $2.4 Million

07/22/11
Associated Press
Scott Rothstein

Scott Rothstein’s “obsession” with luxury watches, including one that cost the disbarred attorney more than $228,000, has landed a Sout

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The Broke and the Beautiful: Housewives Edition

07/22/11
Reuters

This week in The Broke and the Beautiful, housewives both real and fictional are in bankruptcy court, the New York Times nails a profile on former slugger Lenny Dykst

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The Broke and the Beautiful: Celebrities in Bankruptcy

07/15/11

Hello, and welcome to The Broke and the Beautiful. With this new weekly fixture, Bankruptcy Beats aims to bring you a roundup of the biggest celebrity-related bankruptcy news. This week, creditors of Eva Longoria’s Beso LLC want a trustee for the business, whose nightclub just closed. Rapper 50 Cent is fighting former protégé Young Buck’s bankruptcy plan, and the Los Angeles Dodgers make headlines with news on injured fan Bryan Stow.

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The Daily Docket: Dodgers Seek Selig’s Testimony

07/05/11

The Los Angeles Dodgers are demanding that Major League Baseball Commissioner Bud Selig and a slew of other officials submit testimony as part of the team’s Chapter 11 bankruptcy case. Read the Daily Bankruptcy Review story here.

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