WSJcomBankruptcyBeat

RoomStore Takes Third Trip Through Chapter 11 Bankruptcy

12/22/15

Furniture company RoomStore Inc. filed for chapter 11 bankruptcy protection for the third time since the year 2000. Read the Daily Bankruptcy Review article here.

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Florida Banker Gets Prison Time for Role in Scott Rothstein Fraud

12/21/15

A Florida banker will spend 2 1/2 years in prison following his conviction for helping Scott Rothstein operate a $1 billion-plus Ponzi scheme.

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Millennium Health Back on Track to Leave Bankruptcy

12/21/15

A bankruptcy judge paved the way for drug-testing company Millennium Health LLC to leave chapter 11 after lifting a stay of an order confirming Millennium’s bankruptcy plan. Read the Daily Bankruptcy Review article here.

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David Hasselhoff-Endorsed Start-up Enters Bankruptcy

12/18/15

This week on The Broke and the Beautiful, a home-services start-up endorsed by The Hoff filed for bankruptcy, and an executive who helped re-pitch the concept for “Survivor” after it was snubbed by major networks fighting for profits. Also, “Dance Moms” star Abby Lee Miller might be missing from a few episodes, and “Gossip Girl” star Kelly Rutherford won’t have custody of her kids.

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Next Week in Bankruptcy

12/18/15

A federal judge will hear protests on Wednesday from bondholders who say the city of San Bernardino, Calif., shouldn’t leave bankruptcy protection without making a higher repayment offer on roughly $51 million worth of bonds.

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New Gulf Resources Files for Bankruptcy Protection

12/18/15

Tulsa, Okla., energy company New Gulf Resources LLC filed for chapter 11 protection Thursday, the latest in a slew of energy companies to enter bankruptcy. Read the Daily Bankruptcy Review article here.

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Battle for ‘Survivor’ Profits Ends up in Bankruptcy Court

12/17/15
Albert Destrade, left, Sophie Clarke and Benjamin “Coach” Wade, right, arrive at the “Survivor: South Pacific” finale and reunion show held at CBS
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Home-Services Startup Homejoy Files for Bankruptcy

12/17/15

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Homejoy Inc., a house cleaning and repairs start-up that hired David Hasselhoff to star in a commercial, has filed for chapter 11 bankruptcy.

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Colt Defense Wins Chapter 11 Plan Confirmation

12/17/15

Connecticut gun manufacturer Colt Defense LLC won confirmation of its chapter 11 bankruptcy plan. Read the Daily Bankruptcy Review article here.

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What Do Rising Interest Rates Mean for Restructuring?

12/16/15
Federal Reserve Bank Chair Janet Yellen held a news conference Wednesday in Washington, where she announced that the Fed will raise its benchmark interest rate for the first time since 2008.
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