Hostess Sends Layoff Notices to All Workers
Associated Press Hostess Brands Inc. on Friday sent out letters notifying its more-than 18,000 workers that they could be laid off in the next two months. ... Read full article
Associated Press Hostess Brands Inc. on Friday sent out letters notifying its more-than 18,000 workers that they could be laid off in the next two months. ... Read full article
Getty Images A settlement of a lawsuit between investors who lost money in the collapse of Lehman Brothers Holdings Inc. ... Read full article
This week on The Broke and the Beautiful, “Octomom” Nadya Suleman hatches a Chapter 7 bankruptcy petition, and Sonya Dakar has taken both her skincare company and herself to bankruptcy court. Also this week, the Los Angeles Dodgers sale is complete. ... Read full article
Reuters Whatever its destiny, the future is most certainly hazy for a Colorado pot farm that recently filed for bankruptcy protection. ... Read full article
Aircraft manufacturer Hawker Beechcraft Inc. sought bankruptcy protection Thursday, after striking a deal with creditors to swap some $2 billion in debt for control of the reorganized company. Read the Daily Bankruptcy Review article via The Wall Street ... Read full article
Getty Images A U.S. ... Read full article
Only one day after her daughter put Sonya Dakar’s Hollywood skincare clinic into bankruptcy, the esthetician to the stars filed for Chapter 11 protection herself. ... Read full article
Getty Images The trustee winding down Lehman Brothers brokerage has reached agreement with its former parent and its U.K. ... Read full article
Associated Press Gwyneth Paltrow, above, is one of many celebrities to have been treated by Sonya Dakar Skin Clinic. The parent company of ... Read full article
The Los Angeles Dodgers said Tuesday the $2 billion sale of the team and stadium to an investment group headed by Earvin “Magic” Johnson is complete. Read the Daily Bankruptcy Review article here . ... Read full article
Three Lions/Getty Images “Nothing’s sacred,” Fuller Brush Chief Restructuring Officer Lawrence Perkins told Bankruptcy Beat earlier this year when asked if the company’s famous door-to-door salespeople would su ... Read full article
A judge on Monday said Eastman Kodak Co. could pay millions of dollars in bonuses to several hundred employees to keep them happy and at the company, overruling an objection by the Justice Department’s bankruptcy-watchdog unit. Read the Daily Bankruptcy ... Read full article
Gabriel BouysAFP/Getty Images “Octomom” Nadya Suleman poses for photographers in front of her home in La Habra, California on May 19, 2010. Having overstay ... Read full article
AFP/Getty Images The government contractor that disposed of the White House’s secrets kept one of its own: It hasn’t paid its taxes in full since 2008. ... Read full article
In the race to open offices throughout the globe and lure rainmakers to their ranks, some law firms willingly took on debt they expected to have no trouble paying—a once-safe bet that is now backfiring. Read the Daily Bankruptcy Review article via The ... Read full article
This week on The Broke and the Beautiful, rapper 50 Cent is laying claim to former protégé Young Buck’s IP, and Teresa Giudice is updating us on her bankruptcy. Also this week, the Boston Red Sox president’s special assistant says the Los Angeles Dodgers ... Read full article
A former National Football League player and current coach is suing former super agent Leigh Steinberg in bankruptcy court over unpaid loans. ... Read full article
Fashion designer Betsey Johnson’s company filed for bankruptcy protection Thursday night in New York, following poor performance in its chain of retail stores. Read the Daily Bankruptcy Review article here . ... Read full article
Bloomberg Some days it’s tough to be Mark D. Schwartz, Esq. ... Read full article
By Joe Palazzolo ... Read full article