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Security Firm Files for Bankruptcy

04/19/12
AFP/Getty Images

A company whose security guards patrol the White House filed for bankruptcy with an emergency request to transfer a series of its government contracts to a competitor, a move to ensure that Pres

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The Daily Docket: Hostess CEO Seeks Pension Fix

04/19/12
Agence France-Presse/Getty Images

Hostess Brands Inc.’s chief executive says the contentious battle over union pension plans has become a “gate-keeping issue” in the case that

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New Website Launches Bankruptcy-Focused PACER Alternative

04/18/12

For the Bankruptcy Beat team, PACER (which stands for Public Access to Court Electronic Records) is basically a way of life.

The federally mandated system, managed by the Administrative Office of the U.S. Courts, began in 1988 as a pilot program. It was expanded in 1998 basically to what it is now—online access to complete federal court case files.

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The Daily Docket: Hostess Keeps Grip on Restructuring…For Now

04/18/12

A judge Tuesday indicated he would extend Hostess Brand Inc.’s control over its bankruptcy restructuring, rather than opening the case up to rival plans from creditors eager to reach out to investors who’d fund their own exit plan for the bakery company. Read the Daily Bankruptcy Review story here.

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Cut! Film Producer Files for Bankruptcy

04/17/12

Film producer and distributor Media 8 Entertainment, which is known for putting out movies that have fallen just beyond Hollywood’s gaze, has taken an unscripted turn toward bankruptcy.

Running low on cash, the company filed for Chapter 11 protection with a potentially valuable film library but with $8.6 million worth of debt owed to stars like Charlize Theron, Ben Affleck and Christina Ricci, according to papers filed in U.S. Bankruptcy Court in Fort Myers, Fla.

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The Daily Docket: Hostess Set to Face Off with Union

04/17/12

Hostess Brands Inc. is set to face off against the Teamsters union Tuesday in a labor battle that could spell the end for the maker of Twinkies and Wonder Bread. Read The Daily Bankruptcy Review story here.

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Dippin’ Dots Hopes to Avoid Meltdown With Sale

04/16/12
Peppermint with Oreo

The ice cream of the future may have dodged its apocalypse.

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The Daily Docket: Dodgers Win Chapter 11 Plan Confirmation

04/16/12

A bankruptcy judge Friday confirmed the Chapter 11 exit plan that inaugurates a new era for the Los Angeles Dodgers, a baseball team that fell on hard times under the ownership of real estate developer Frank McCourt. Read The Daily Bankruptcy Review story here.

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The Broke and the Beautiful: Warren Sapp Edition

04/13/12
Associated Press
Warren Sapp

This week on The Broke and the Beautiful, former football star Warren Sapp’s debts catch up with him, broke sports agent Leigh Steinberg aims fo

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What Would Happen if a Big Bank Failed?

04/13/12
Associated Press
Sen. Chris Dodd, left, and Rep.
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