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The Daily Docket: FDIC Asks Judge to Toss $1.75B Bank Of America Lawsuit

08/09/11

The Federal Deposit Insurance Corp. is asking a federal judge to dismiss Bank of America Corp.’s $1.75 billion lawsuit seeking to recover losses suffered by investors in a subsidiary of Taylor Bean & Whitaker Mortgage Corp., the latest legal fallout from the collapse of the mortgage lender. Read the Daily Bankruptcy Review story here.

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Dodgers Post $3.3M Loss in June

08/08/11
Associated Press

The Los Angeles Dodgers posted a $3.3 million net loss for the month of June, accordin

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The Daily Docket: Dodgers Reveal Details of MLB Loan

08/08/11

The Los Angeles Dodgers and Major League Baseball have reached a deal on bankruptcy financing for the team. Read the Daily Bankruptcy Review story here.

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Ousted Owner Cooks Up Plot to Buy Giordano’s

08/05/11
Melanie Cohen

The ousted owner of the

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The Broke and the Beautiful: Reality TV Edition

08/05/11
Getty Images

This week on The Broke and the Beautiful, Toni Braxton loses the blues in bankruptcy court, the Salahis crash the fashion section of the New York Times, and the L

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The Daily Docket: Court Sides With Lehman in SunCal Fight

08/05/11

The federal appeals court in San Francisco sided with Lehman Brothers Holdings Inc., finding that California real-estate developer SunCal can’t push the failed investment bank’s debt below that of other creditors without the permission of the judge overseeing Lehman’s Chapter 11 case. Read the Daily Bankruptcy Review story here.

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Bankruptcy Poll Divided on Anna Nicole Smith Ruling

08/04/11
Nicholas Kamm/AFP/Getty Images

Years after her death, former Playboy Playmate Anna Nicole Smith can still arouse a debate.

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Rumor-Beset Hollywood Mansion Files for Bankruptcy

08/04/11

Rumors of a pool-table-top murder within an uninhabited Hollywood Hills mansion’s billiards room: false.

The one about aliens landing on the 22-acre property, giving them a clear view of the Los Angeles skyline and the whitewashed Hollywood sign: false.

Speculation about the soft pink Mediterranean home’s owner filing bankruptcy papers, desperate to avoid a foreclosure auction: true.

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Judge Allows Braxton to Keep Grammys, Other Belongings

08/04/11
Getty Images
Toni Braxton

Toni Braxton’s creditors won’t get their hands on the songstress’s six Grammys, under a

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The Daily Docket: ‘Old’ GM Sitting on ‘New’ GM Stock

08/04/11

General Motors’ bankruptcy estate is still holding onto $2.36 billion worth of securities in the reorganized auto maker, meaning old bondholders and other creditors will continue to see payments on top of the nearly $8 billion already received this spring and summer. Read the Daily Bankruptcy Review story here.

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