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Daryl Hannah Movie Becomes Currency in RHI Bankruptcy

01/27/11

RHI Entertainment Inc. has struck a deal with U.S. Bank to turn over rights to 15 made-for-TV movies, including Hannah’s "Shark Swarm" to settle a $37.8 million debt.


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Shareholders: Meruelo Maddux CEO Using Mother as Pawn

01/27/11

A group of Meruelo Maddux stockholders said Chief executive Richard Meruelo’s mother stepped in to purchase a bank loan that was secured by the executive’s shares in company stock.


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The Daily Docket: Ultimate Electronics Operators Enter Bankruptcy

01/27/11

Ultimate Electronics' oeprators filed for Chapter 11. Bermuda-based Pulsar Re Ltd. sued Lehman Brothers Holdings Inc. Lehman sought approval for a $10 million settlement with Swedbank AB.


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Restaurant Wars Push Fuddruckers Franchisee to Buy Burgers at Costco

01/26/11

A duel between the new owner of the Fuddruckers chain and a former franchisee has taken a turn for the dramatic, with the latest alleged punch forcing three of the restaurants in question to turn to Costco for survival.


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The Daily Docket: Lehman Revamps Bankruptcy Plan

01/26/11

Lehman Brothers Holdings Inc. unveiled details of a new plan to distribute its assets, Summitt Business Media Holding Co.

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RHI Uses Horror Flick “Phantom Racer” To Pay Debt

01/25/11

Made-for-TV movie distributor RHI Entertainment Inc.

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The Daily Docket: United Western Bancorp Mulls Bankruptcy

01/25/11

Federal regulators' seizure of United Western Bancorp's bank could push the Denver holding company into bankruptcy, thousands of small Japanese firms have been hammered by losses on foreign-exchange derivatives and House Majority Leader Eric Cantor (R., Va.), is against bankruptcy for states.


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Restructuring Pros Break Out Crystal Balls For Weil Study

01/24/11

Weil, Gotshal & Manges takes the pulse of some 125 professionals specializing in distressed debt and restructuring work.


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Judge Allows Foreclosure Of Toni Braxton Home

01/24/11

The holder of mortgage debt on Grammy-winning singer Toni Braxton’s home won bankruptcy court approval to launch foreclosure proceedings against the Georgia property. Judge Barry Russell of the U.S.

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The Daily Docket: Meruelo-Maddux Strikes Deal

01/24/11

Meruelo Maddux Properties Inc. has struck a deal to settle its differences with a lender group, Rock-Tenn Co. said Sunday it agreed to purchase Smurfit-Stone Container Corp.

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