News Topic: WSJcomBankruptcyBeat

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 . ... Read full article

Associated Press Blame the game, not the player. ... Read full article

A majority of respondents to an American Bankruptcy Institute poll said creditors of failed investment bank Lehman Brother Holdings Inc. wouldn’t have fared better in a post-Dodd-Frank world. The strenuously negotiated financial reform law put into place ... Read full article

A federal judge on Thursday sentenced former Taylor, Bean & Whitaker Mortgage Corp. Chairman Lee Farkas to 30 years in prison for running a multibillion-dollar fraud scheme that led to the collapse of the mortgage lender and a major bank. Read the ... Read full article

A bankruptcy case that’s flown under the radar for nearly two years may finally be getting its moment in the spotlight, thanks to a recent appellate-court ruling that upholds the practice of lenders using debt as currency in their bids to take back ... Read full article

Just days after the Justice Department filed an appeal of a ruling declaring the federal ban on gay marriage unconstitutional, lawyers for a same-sex couple at the center of a bankruptcy dispute upped the ante by asking the Ninth U.S. Circuit Court of ... Read full article

EPA/Erik S. Lesser A lot of odd things have happened to pitcher Vicente Padilla during his 13-season Major League career. ... Read full article

Lehman Brothers Holdings Inc. early Wednesday filed a revised plan to repay creditors that has much broader support than its previous proposals and could result in other parties withdrawing their rival plans and a final deal being confirmed by the court ... Read full article

Even before a district-court judge could hear their case, community activists demanding that a new trauma center be built on Manhattan’s Lower West Side dropped their legal protest to the sale of the former St. Vincent’s Hospital’s main campus, court ... Read full article

The Los Angeles Dodgers received court approval Tuesday to tap part of a $150 million bankruptcy loan from a J.P. Morgan Chase & Co.-owned hedge-fund manager that will fund the team’s operations while owner Frank McCourt scrambles to keep control of ... Read full article

Bloomberg News Lee Farkas “A tremendous asset to the community.” “A great source of inspiration and love.” “Courteous, truthful and contrite.” Someone “who seems always to p ... Read full article

The Los Angeles Dodgers turned to a hedge-fund manager owned by J.P. Morgan Chase & Co. to finance its operations––including meeting player payroll this week––while embattled owner Frank McCourt maneuvers to retain control of the baseball team through ... Read full article

Associated Press Forget about the finances for a minute. ... Read full article

The troubled Los Angeles Dodgers baseball club filed for bankruptcy in Delaware. Our colleagues at Deal Journal have the Chapter 11 pettion . ... Read full article

Associated Press Jack Nicklaus hits from the sand to the eighth green during a golf tournament at Muirfield Village Golf Club in Dublin, Ohio, on June 1. A Colorado couple th ... Read full article

Federal prosecutors say Lee Farkas should spend the rest of his life behind bars because the former chairman of mortgage lender Taylor, Bean & Whitaker Mortgage Corp. continues to deny responsibility for the devastation he wrought as the mastermind of ... Read full article

The white knight that rescued the Greenbrier resort from bankruptcy more than two years ago still has a few more tricks up his sleeve. ... Read full article

Creditors have pulled the plug on Norway electric-car maker Think Global AS. Think , which was once property of Ford Motor Co., filed for a form of bankruptcy in its home country and will have a court-appointed trustee take over management of the company, ... Read full article