WSJcomBankruptcyBeat

Ryan Kavanaugh Group Closes Deal to Take Control of Relativity Media

10/23/15

A group led by Relativity Media LLC Chief Executive Ryan Kavanaugh have closed a deal to take control of the film studio. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Troubled Energy Companies Fuel Moody’s Watch List

10/22/15
Associated Press

A Moody’s Investors Service watch list of junk-rated companies is the longest it’s been in more than five years, and the beleaguered oil-and-gas industry accounts for a good chunk of it.

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Caesars Bondholders Turn Up Legal Pressure

10/22/15

Caesars Entertainment Corp. bondholders are suing for suffering they say they have endured from financial maneuvers between the casino company and its bankrupt unit.Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Military Prep School in New York to Reopen After Bankruptcy Sale

10/21/15

A historic New York prep school whose famous alumni include presidential hopeful Donald Trump is preparing to reopen after a bankruptcy judge on Wednesday approved the nearly $16 million sale of its campus.

The 126-year-old New York Military Academy, lcoated in the Hudson Valley, is expected to reopen on Nov. 1 under the guidance of new owners, academy president Anthony Desa told Bankruptcy Beat Wednesday.

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Relativity TV Sale Closes

10/21/15

The sale of Relativity Media LLC’s television unit, which is behind shows including MTV’s “Catfish,” has closed, Daily Bankruptcy Review reports via The Wall Street Journal.

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Arch Coal Fails to Win Protection of Debt-Swap

10/20/15

A judge won’t protect rare-earths miner Arch Coal Inc.’s debt-swap deal, Daily Bankruptcy Review reports via The Wall Street Journal.

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American Apparel Maps Survival Plan

10/19/15

American Apparel Inc. told a bankruptcy judge of a survival plan that would help it leave bankruptcy with less debt and would help fix inventory issues at its stores, Daily Bankruptcy Review reports.

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‘Dance Moms’ Star Abby Lee Miller Indicted for Bankruptcy Fraud

10/16/15

This week on The Broke and the Beautiful, Abby Lee Miller was indicted for bankruptcy fraud, three sex workers are accusing Relativity Media of not delivering on some promises, Teresa Giudice is writing a memoir, and Colin Hanks’s documentary on Tower Records is finally out.

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Next Week in Bankruptcy

10/16/15
Bloomberg News

Caesars Entertainment Operating Co., the bankrupt unit o

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