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Unsecured creditors of Lehman Brothers Holdings Inc.’s brokerage business will begin receiving their money back Wednesday, nearly six years after Lehman collapsed into bankruptcy and the brokerage was sold. The Wall Street Journal has the Daily Bankruptcy Review article here.

A federal appeals court recently overturned two of multiple fraud counts against the former chief executive of a bankrupt Indiana investment firm after prosecutors didn’t back up the charges with evidence.

Timothy Durham, the former chief executive of Indiana’s Fair Finance Co., in 2012 was convicted and sentenced to 50 years in prison for his role in a fraud that cheated some 5,000 investors out of more than $200 million.

Over the years, Bankruptcy Beat has seen plenty of reasons offered as to why individuals and corporations file for bankruptcy. Recently, a peculiar one caught our eye.

In 2012, a New York man, Sultan Soliman, sought Chapter 7 protection in the face of a $110,000 court judgment issued against him following an incident in which he bit a neighbor (yes, bit him) on the nose in an elevator. In bankruptcy, many debts, including some court judgments, can be erased.

This week on The Broke and the Beautiful, Teresa and Joe Giudice’s bankruptcy case could soon come to an end, and Girls Gone Wild founder Joe Francis has a $500,000 warrant out for his arrest. Also, Todd-Soundelux is selling its California sound studio.

What factors can make restructuring a difficult field in which to balance work and family obligations, and what should profess