Tim Blixseth Jailed for Contempt
Tim Blixseth was ordered to jail for contempt until he accounts for million he owes creditors. ... Read full article
Tim Blixseth was ordered to jail for contempt until he accounts for million he owes creditors. ... Read full article
Frederick’s of Hollywood filed for bankruptcy protection Sunday with a $22.5 million offer in hand from Authentic Brands Group LLC. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article
This week on The Broke and the Beautiful, a bankrupt boarding school wants to call on Taylor Swift for help, and a study finds nearly one of six NFL players file for bankruptcy. Also, actress Kelly Rutherford spoke out about the custody battle that led to ... Read full article
A Florida telemarketing firm that the state’s consumer watchdog has called a scam filed for bankruptcy protection. Facing a lawsuit over allegedly deceptive practices, Federal Verification Co., which promised to help small businesses win lucrative U.S. ... Read full article
In an Austin, Texas, courtroom Monday, WBH Energy LP will ask a bankruptcy judge to approve bidding procedures that could see the company’s assets sold for at least $25 million. WBH Energy’s lender, investment firm Castlelake LP, has agreed to serve as ... Read full article
Tony Gutierrez/Associated Press Texas Attorney General Ken Paxton says a plan to sell the RadioShack Corp. ... Read full article
The owner of a small, struggling business can get sticker shock at the $100,000 to $300,000 price of a corporate reorganization in bankruptcy. Meet the Florida lawyer who fixed VitaChef Steamer Skillets’ financial problems for a fraction of that amount. ... Read full article
The sudden shutdown in March of plastic surgery chain Lifestyle Lift has created confusion for patients looking for refunds on scheduled services that never happened. The company’s 400 laid-off employees, meanwhile, have been scrambling to find answers to ... Read full article
A war of words between two newspapers for the Vietnamese immigrant community has landed one paper in bankruptcy court. The Little Saigon News, a Vietnamese-language newspaper distributed in 17 U.S. cities, filed for bankruptcy earlier this week after ... Read full article
In a 134-page ruling, a federal judge handed General Motors Co. a legal victory on Wednesday, ruling the Detroit auto maker can retain a bankruptcy shield that protects it from as much as $10 billion in claims brought by customers seeking damages tied ... Read full article
Honoree and former President Bill Clinton speaks on stage after receiving the inaugural Tina’s Wish Global Women’s Health Award during the 2015 Tina’s Wish Global Women’s Health Award Gala in New York. ... Read full article
Plethico Pharmaceuticals Ltd. , which has twice been accused of fraud in connection with a natural products company it sold in bankruptcy, may have once again negotiated its way out of legal trouble. ... Read full article
Wayne Parry/Associated Press Florida developer Glenn Straub, who recently bought Atlantic City, N.J.’s Revel Casino Hotel for pennies on the dollar, is demanding that the resort’s custom-built, $160 million po ... Read full article
A Congressional overhaul of U.S. bankruptcy law may be keeping financially struggling people out of bankruptcy court, but it hasn’t kept them from going broke, researchers have found. ... Read full article
Fumbled opportunities? Nearly one in six NFL players goes bankrupt within 12 years of retirement. (TIMOTHY A. ... Read full article
Asim Hafeez/Bloomberg News Texas energy giant Energy Future Holdings Corp. has filed the restructuring plan that outlines how it hopes to reshape a $42 billion debt load and exit bankruptcy. ... Read full article
Creditors of Siga Technologies Inc. want to investigate the role the drug maker’s executives played in the PharmAthene Inc. dispute that drove Siga into bankruptcy. Read the Daily Bankruptcy Review article here . ... Read full article
To get out of jail, Jeremy Alcede will have to give up the passwords to the Facebook and Twitter acc ... Read full article
Tony Gutierrez/Associated Press RadioShack is going back to basi ... Read full article
AP General Electric Co. ’s decision to ... Read full article