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The Daily Docket: RadioShack Considers $585M Financing Package

09/15/14

: Getty Images

RadioShack Corp.

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The Broke and the Beautiful: Vintage Edition

09/12/14

This week on The Broke and the Beautiful, Vintage Associates is selling Jackson family memorabilia, and “Real Housewives of New Jersey” stars Teresa and Joe Giudice are selling their house. Also, the patriarch of “My Five Wives” is out of bankruptcy.

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Diamond-Encrusted Sunglasses Are a Girl’s Best Friend

09/12/14

: More than 1,600 pairs of luxury sunglasses will hit the auction block next week.; Tiger Group

American Optical Services’ vision centers have already been sold, but

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Forward Motions: Revel Looks to Protect New $90 Million Offer

09/12/14

: Jessica Kourkounis/Getty Images

Atlantic City, N.J.’s Revel Casino Hotel heads to court Monday to protect a newly emerged bidder in the event someone el

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The Daily Docket: Lehman Seeks Win Over Citi

09/12/14

Lehman Brothers Holdings Inc. on Thursday urged a judge to give it a quick victory over Citigroup Inc. in a fight over whether Citi can keep collecting millions in interest on $2 billion Lehman gave it shortly before its collapse. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Secured Bonds Are More Likely To End Up Distressed – Fridson

09/11/14

High-yield market guru Martin Fridson’s latest statistical deep dive this week reveals a strange paradox: secured bonds are much more likely than unsecured bonds to end up trading at distressed levels. Fridson, chief investment officer at Lehmann Livian Fridson Advisors, finds that secured bonds account for 40.2% of distressed bonds (bonds trading with risk premiums of at least 10 percentage points over comparable Treasury bonds) outstanding even though they make up just 18.6% of the overall high-yield bond universe.

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Historic Black-Owned Swim Club Seeks Bankruptcy

09/11/14

A Philadelphia-area swimming pool that opened in the late 1950s for black members who were denied access to a nearby whites-only pool has filed for bankruptcy.

Officials who put the Nile Swim Club of Yeadon into Chapter 11 protection on Wednesday didn’t explain the club’s survival plan in the seven-page bankruptcy petition.

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Weil Partners: Restructuring Doesn’t Have to Stay a Male-Dominated Field

09/11/14

[Editor’s note: We received this post from five Weil, Gotshal & Manges partners in response to this Examiners blog post on the gender gap in the restructuring field.]

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