News Topic: WSJcomBankruptcyBeat

Alabama’s Jefferson County filed for Chapter 9 protection Wednesday evening with more than $3 billion in debt, the largest bankruptcy of its kind, The Wall Street Journal reports . ... Read full article

Associated Press Toni Braxton’s heart is definitely “unbroken” when it comes to her bankruptcy case, in which most of her ... Read full article

Associated Press George Harrison performs at a concert in London in this 1995 file photo. The sun has come out for liquidators of Borders Group Inc. ... Read full article

A bankruptcy judge on Tuesday slashed the amount of money Dynegy Inc.’s holding company can immediately lend to four subsidiaries to keep the entities running during bankruptcy, in light of serious questions raised in court by Dynegy bondholders. Read the ... Read full article

Associated Press/Daily Progress Patricia Kluge stands with her husband, Bill Moses. So you missed your chance to bid on Patricia Kluge’s 24,000-square-foot, 45-room cou ... Read full article

Dynegy Inc.’s holding company filed for Chapter 11 protection Monday night, The Wall Street Journal reports . The bankruptcy filing could cause bondholder losses without harming shareholders of the parent company. ... Read full article

It’s not “All or Nothing” in boy-band creator Louis J. Pearlman’s bankruptcy. That’s because Pearlman’s bankruptcy trustee has settled with MTV in a legal battle over the network’s “Making the Band,” which spawned the boy band O-Town and its (only) No. 1 ... Read full article

Dish Network Corp. is a giant step closer to owning TerreStar Networks Inc. and DBSD North America Inc., after settling a long legal fight with Sprint Nextel Corp. over a satellite-licensing agreement. Read the Daily Bankruptcy Review article here . ... Read full article

Associated Press In this photo provided by NBC Universal, from left, Dina Manzo, Teresa Giudice, Caroline Manzo and Jacqueline Laurita from “The Real Housewives of New Jersey” appear on the “Tod ... Read full article

This week on The Broke and the Beautiful, it looks like the Los Angeles Dodgers are stepping up to be sold, and former outfielder Lenny Dysktra’s going for a knockout. Also this week, another of Bravos’ “Real Housewives” has some bankruptcy-court drama, ... Read full article

MF Global Holdings Ltd. Chief Executive Jon Corzine has resigned and will not try to get severance, Dow Jones Newswires reports . ... Read full article

Lehman Brothers Holdings Inc.’s European affiliate is angry at a move by the trustee unwinding Lehman’s U.S. brokerage to block European creditors from recovering more than $8 billion, a dispute that could augur what’s in store for customers of MF Global ... Read full article

Rock & Republic founder Michael Ball’s jeans broke all the fashion rules with their overstitched butt poc ... Read full article

Getty Images Frank McCourt The devil-in-the-details crowd, also known as bankruptcy lawyers, are waiting to see the documents outlining the what, how and when of the sale ... Read full article

Los Angeles Dodgers owner Frank McCourt on Tuesday made a deal with Major League Baseball Tuesday to sell the team, the Associated Press reports . ... Read full article

European Pressphoto Agency Brides running to get to the racks of wedding dresses at the annual Filene’s Basement Running of the Bride’s event in Miami, Fl., in May 2011. ... Read full article

A Pennsylvania Supreme Court ruling, in a case dating back eight years, recently found that the city of Scranton, Pa., a distressed municipality under Pennsylvania law, must pay millions of dollars in back pay, benefits and interest to roughly 300 police ... Read full article

A judge on Monday rejected Tribune Co.’s plan to exit bankruptcy, sending the media giant back to the bargaining table to find a viable restructuring strategy after nearly three years in Chapter 11. Read the Daily Bankruptcy Review article here . ... Read full article