News Topic: WSJcomBankruptcyBeat

A judge approved about $1.6 million in bonuses for some Relativity Media LLC employees, but the details will remain silent.Read the Daily Bankruptcy Review here . ... Read full article

An often-used restructuring strategy has recently run into an unexpected hurdle in the courtroom—an old bond law that has been dusted off and used to challenge financial workouts. ... Read full article

Netflix Inc. has paid Relativity Media LLC $283 million in license fees since 2010 to use its films on its DVD-streaming service. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Ryan Kavanaugh, chief executive of Relativity Studios, in January. His company Relativity Media is scheduled for an auction next week. Paul A. ... Read full article

Oil and gas driller Hercules Offshore Inc. won approval of its restructuring plan. Read the Daily Bankruptcy Review article here . ... Read full article

Bloomberg News A judge who’s weighing whether Johnson & Wales University needs to ... Read full article

Patriot Coal Corp.’s major lenders are pressuring it over its bankruptcy-exit plan. Read the Daily Bankruptcy Review article here . ... Read full article

An advocacy group within Illinois’s horse-racing industry is fighting to save live racing at the financially struggling Maywood Park track for the rest of the year. ... Read full article

Quirky Inc., an invention startup, filed for chapter 11 bankruptcy on Tuesday, highlighting how tough it can be to successfully pick winners when it comes to consumer products and investment opportunities, Daily Bankruptcy Review reports via The Wall ... Read full article

Pope Francis delivers a sermon during a mass at the shrine of the Virgen de la Caridad del Cobre in Santiago, Cuba, Sept. 22. As Catholic officials highlight the pope’s inaugural U.S. visit, the Catholic church in the U.S. ... Read full article

Film studio Relativity Media LLC’s sale is facing some hurdles from affiliates of Elliott Management.Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Sever unnamed insiders at Great Atlantic & Pacific Tea Co. took in $9.4 million in bonuses and other extra payments in the year before the supermarket operator’s second bankruptcy filing.Read the Daily Bankruptcy Review article via The Wall Street ... Read full article

This week on The Broke and the Beautiful, a bankruptcy watchdog urged 50 Cent to protect his investments, David Cassidy’s home got a higher bid, and the Wayne Newton museum is finally coming to fruition. Also, Toni Braxton is set to star in a Lifetime ... Read full article

Blink and you missed it, but Hercules Offshore Inc. is set to ask for court approval of its bankruptcy-exit plan next week, concluding its month-long case. On Thursday, the U.S. Bankruptcy Court in Wilmington, Del., will consider the rig operator’s ... Read full article

Democratic presidential candidate Hillary Clinton speaks during a community forum on substance abuse in Laconia, N.H. Darren McCollester/Getty Images LACONIA, N.H. ... Read full article

Global Maritime Investments Cyprus Ltd.’s bankruptcy filing is causing some snags for Harvard University’s endowment manager. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Curtis “50 Cent” Jackson attends Annual Charity Day hosted by Cantor Fitzgerald and BGC at BGC Partners Inc. on Sept.11 in New York City. ... Read full article

Oil and gas producer Samson Resources LLC, which was taken over by KKR & Co. in a leveraged buyout in 2011, filed for bankruptcy protection, The Wall Street Journal reports . ... Read full article