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Hostess Sends Layoff Notices to All Workers

05/07/12
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.

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The Daily Docket: Judge Won’t Approve Lehman Settlement

05/07/12
Getty Images

A settlement of a lawsuit between investors who lost money in the collapse of Lehman Brothers Holdings Inc.

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The Broke and the Beautiful: Octuplet Edition

05/04/12

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.

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Debtor In Possession: Colorado Pot Grower Files for Bankruptcy

05/04/12
Reuters

Whatever its destiny, the future is most certainly hazy for a Colorado pot farm that recently filed for bankruptcy protection.

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The Daily Docket: Hawker Enters Bankruptcy

05/04/12

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 Journal.

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Sonya Dakar Follows Her Clinic Into Bankruptcy

05/03/12

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.

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The Daily Docket: Lehman Trustee Reaches Customer-Repayment Deal

05/03/12
Getty Images

The trustee winding down Lehman Brothers brokerage has reached agreement with its former parent and its U.K.

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Sonya Dakar’s Famed Hollywood Spa Enters Chapter 11

05/02/12
Associated Press
Gwyneth Paltrow, above, is one of many celebrities to have been treated by Sonya Dakar Skin Clinic.

The parent company of

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The Fuller Brush Man

05/02/12
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

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