WSJcomBankruptcyBeat

The Daily Docket: Dodgers Sale Is Complete

05/02/12

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.

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The Daily Docket: Kodak Allowed to Pay Bonuses

05/01/12

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 Review article here.

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‘Octomom’ Nadya Suleman Files For Bankruptcy

04/30/12
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

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Security Firm Handled White House’s ‘Burn Bag’

04/30/12
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.

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The Daily Docket: Law-Firm Loans Show Cracks

04/30/12

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 Wall Street Journal.

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Ex-NFL Player Sues ‘Jerry Maguire’ Agent Leigh Steinberg

04/27/12

A former National Football League player and current coach is suing former super agent Leigh Steinberg in bankruptcy court over unpaid loans.

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The Broke and the Beautiful: In Da (Bankruptcy) Club Edition

04/27/12

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 owe him nearly $1 million.

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The Daily Docket: Betsey Johnson Enters Bankruptcy

04/27/12

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.

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Harrisburg City Council Attorney Says He’s Being ‘Ganged Up Upon’

04/26/12
Bloomberg

Some days it’s tough to be Mark D. Schwartz, Esq.

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