WSJcomBankruptcyBeat

The Daily Docket: McCourt Whiffs on Dodgers Bankruptcy Loan

07/25/11

A Delaware bankruptcy judge rejected embattled Los Angeles Dodgers owner Frank McCourt’s attempt to use the team’s Chapter 11 case to circumvent Major League Baseball, ruling Friday that the team could not use a $150 million loan from a New York hedge fund to finance its operations. Read the Daily Bankruptcy Review article here.

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Rothstein Trustee Sues Jeweler to Recoup $2.4 Million

07/22/11
Associated Press
Scott Rothstein

Scott Rothstein’s “obsession” with luxury watches, including one that cost the disbarred attorney more than $228,000, has landed a Sout

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The Broke and the Beautiful: Housewives Edition

07/22/11
Reuters

This week in The Broke and the Beautiful, housewives both real and fictional are in bankruptcy court, the New York Times nails a profile on former slugger Lenny Dykst

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The Daily Docket: Judge Closes the Book on Borders

07/22/11

A bankruptcy judge on Thursday effectively closed the book on Borders Group Inc., approving the liquidation of most of the bookseller’s remaining 399 stores. Read the Daily Bankruptcy Review story here.

Meanwhile, Bankruptcy Beat has the list of 30 Borders stores Books-A-Million wants to keep open.

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Beyond Borders?

07/22/11
Reuters

Borders Group Inc.

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Kinkade’s Production Arm Emerges with Clearer Financial Picture

07/21/11

In a tone as uplifting as one of his portraits, Thomas Kinkade’s art empire announced that its separately operated production unit has emerged from bankruptcy protection.

A San Jose, Calif., judge approved the Chapter 11 reorganization plan for the painter’s manufacturing subsidiary, formally called Pacific Metro LLC, enabling the business to begin following the formula for financial success it devised under the bankruptcy court’s watch.

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The Daily Docket: No Decision on Dodgers Loan

07/21/11

A bankruptcy judge declined to rule Wednesday evening on the contentious battle between the Los Angeles Dodgers and Major League Baseball over who will fund the team’s Chapter 11 case. Read the Daily Bankruptcy Review story here.

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Dodgers Called On Goldman, Time Warner Cable for Loan

07/20/11
Getty Images
Los Angeles Dodgers owner Frank McCourt

When the Los Angeles Dodgers set out to find a bankruptcy loan, the team called on the aces of commercial finance, inc

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New Chapter for Kobo as Borders Liquidates

07/20/11
Getty Images

The impending shutdown of Borders Group Inc.

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The Daily Docket: Tokio Marine Unit Seeks U.S. Creditor Protection

07/20/11

The European unit of Tokio Marine Holdings Inc., Japan’s biggest nonlife insurer, sought creditor protection in the U.S. to complete the wind-down of its London reinsurance business. Read the Daily Bankruptcy Review story here.

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