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Distressed Investors Dusting Up for Restructuring Bout

07/19/11

After spending a long time twiddling their thumbs, it’s time for some action for distressed investors. Or at least that’s one way to read a crowd of about 60 that gathered for a morning discussion about distressed investing Tuesday at the New York Society of Securities Analysts.

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The Daily Docket: Borders Crosses Over to Liquidation

07/19/11

Borders Group Inc., the second-largest bookstore chain in the U.S., will liquidate after failing to garner offers to keep the company alive, The Wall Street Journal reports.

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Dodgers: Selig Targets L.A. Team as Fans Die Elsewhere

07/18/11
Associated Press

The Los Angeles Dodgers are blaming Major League Baseball Commissioner Bud Selig for their financial woes, including saying that he unfairly and publicly ca

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Desperate Housewife’s Club Denies Desperate Situation

07/18/11
Stephen Boitano/Everett Collection

“Desperate Housewives” star Eva Longoria’s Beso isn’t in the desperate situation that a pair of disgruntled creditors argue it’s facing, sa

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The Daily Docket: Borders Nears Liquidation

07/18/11

Borders Group Inc. inched closer to liquidation Sunday after a bidding deadline passed without offers that would keep the U.S.’s second-largest bookstore chain in business, The Wall Street Journal reports.

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Chicken Out Rotisserie Seeks to Trim Financial Fat

07/15/11

Bankruptcy lawyers have taken executives at Chicken Out Rotisserie by the hand to lead them over to whatever side of the road will make the chain’s 10 remaining restaurants profitable again.

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Struggling Firms Turn to Daily-Deal Sites

07/15/11
Getty Images

A Windstar cruise with “massive white sails, polished teak decks, modern luxury from staterooms to spa,” all at a discounted price?

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The Broke and the Beautiful: Celebrities in Bankruptcy

07/15/11

Hello, and welcome to The Broke and the Beautiful. With this new weekly fixture, Bankruptcy Beats aims to bring you a roundup of the biggest celebrity-related bankruptcy news. This week, creditors of Eva Longoria’s Beso LLC want a trustee for the business, whose nightclub just closed. Rapper 50 Cent is fighting former protégé Young Buck’s bankruptcy plan, and the Los Angeles Dodgers make headlines with news on injured fan Bryan Stow.

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The Daily Docket: Borders Fate To Be Decided This Weekend

07/15/11

The Wall Street Journal reports the fate of Borders Group Inc. hangs in the balance this weekend, with a Sunday deadline looming for the bookstore chain to either find a buyer or face liquidation.

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Lawyer: Dodgers Owe Injured Fan More Than Manny

07/14/11
Associated Press

The Los Angeles Dodgers could owe Bryan Stow, the San Francisco Giants fan severely injured earlier this season in an assault outside Dodger Stadium, up to $3

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