This week on The Broke and the Beautiful, “Real Housewives” invade the news, Stan Lee Media wants all the action on Conan the Barbarian, and Lenny Dykstra gets battered with indecent-exposure charges.
A federal appeals court has reinstated sanctions against a New Jersey law firm and attorney for attempting to foreclose on a suburban Philadelphia couple using “robo-produced” mortgage data that was fraught with errors. Read the Daily Bankruptcy Review story here.
The publisher of the Bend (Ore.) Bulletin filed for bankruptcy protection Tuesday after exhausting negotiations with its biggest lender—triggering a war of words on the newspaper’s pages that sings to the spirit of its feisty longtime publisher Robert Chandler.
A bankruptcy judge indicated Wednesday that creditors may not have to wait long to find out whether she will confirm Washington Mutual Inc.’s $7 billion Chapter 11 plan. Read the Daily Bankruptcy Review story here.
Cerberus Capital Management LP remains interested in buying 64 Innkeepers USA Trust hotels for a lower price than the private-equity firm had agreed to in a previous deal, The Wall Street Journal reports.
