WSJcomBankruptcyBeat

Injured Concertgoer Fights for Damages in 50 Cent’s Bankruptcy

10/06/15
Elsa/Getty Images

A lawsuit that accused 50 Cent of unfairly bolstering his tough-guy image by starting a fight at a 2004 concert in Massachusetts has surfaced in his bankruptcy.

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Relativity Judge Poised to Confirm Sale

10/06/15

Relativity Media LL’s sale to investors including founder Ryan Kavanaugh seems poised for approval by a bankruptcy judge, Daily Bankruptcy Review reports via The Wall Street Journal.

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Will Your Haggen Grocery Store Get Sold Under New Deal?

10/05/15
Don Ryan/Associated Press

Will your Haggen store be saved under a pair of newly announced deals?

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Retailer American Apparel Enters Chapter 11

10/05/15

American Apparel Inc. filed for chapter 11 protection Monday amid shrinking sales and litigation tied to founder Dov Charney, who left the company last December, The Wall Street Journal reports.

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50 Cent Wants to Keep a Lid on Underwear Endorsement Details

10/02/15

This week on The Broke and the Beautiful, 50 Cent wants to keep details on his underwear endorsement a secret, and David Cassidy’s home finally sold.

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Judge: Lawyer Can’t Dodge $364,000 Contempt Fine Using Bankruptcy

10/02/15

Hit with a big fine for violating a judge’s order, Michigan lawyer David W. Charron filed for bankruptcy protection to avoid paying it.

But a bankruptcy judge derailed that plan on Wednesday, ruling that Mr. Charron’s civil contempt fine of $363,506.77—a penalty for orchestrating the sale of an insurance firm despite a court order not to do so—isn’t the type of debt that a person can get rid of using bankruptcy.

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Next Week in Bankruptcy

10/02/15

Patriot Coal Corp. hopes to secure a judge’s permission next week for the latest iteration of its chapter 11 exit plan as well as transactions that would hand the company’s West Virginia mines to new owners.

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J.P. Morgan Wins in $8.6 Billion Lehman Legal Fight

10/02/15

J.P. Morgan won in a legal fight with Lehman Brothers Holdings Inc. over $8.6 billion. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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The Examiners: Practical Impairment Leads to Chapter 11

10/01/15

How does bondholders’ use of the Trust Indenture Act affect companies’ ability to complete out-of-court restructurings?

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The Examiners: Expect Courts to Continue Wading Into Bondholder Battles

10/01/15

How does bondholders’ use of the Trust Indenture Act affect companies’ ability to complete out-of-court restructurings?

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