WSJcomBankruptcyBeat

Diocesan Bankruptcy Battles Color Pope Francis’s First U.S. Visit

09/22/15
Pope Francis delivers a sermon during a mass at the shrine of the Virgen de la Caridad del Cobre in Santiago, Cuba, Sept. 22. As Catholic officials highlight the pope’s inaugural U.S. visit, the Catholic church in the U.S.
[more]

Relativity Media Sale Faces Obstacles

09/22/15

Film studio Relativity Media LLC’s sale is facing some hurdles from affiliates of Elliott Management.Read the Daily Bankruptcy Review article via The Wall Street Journal.

[more]

Insiders at A&P Took in $9.4 Million Before Chapter 11

09/21/15

Sever unnamed insiders at Great Atlantic & Pacific Tea Co. took in $9.4 million in bonuses and other extra payments in the year before the supermarket operator’s second bankruptcy filing.Read the Daily Bankruptcy Review article via The Wall Street Journal.

[more]

Bankruptcy Watchdog Warns 50 Cent on Investments

09/18/15

This week on The Broke and the Beautiful, a bankruptcy watchdog urged 50 Cent to protect his investments, David Cassidy’s home got a higher bid, and the Wayne Newton museum is finally coming to fruition. Also, Toni Braxton is set to star in a Lifetime movie based on her memoir.

[more]

Next Week in Bankruptcy

09/18/15

Blink and you missed it, but Hercules Offshore Inc. is set to ask for court approval of its bankruptcy-exit plan next week, concluding its month-long case.

On Thursday, the U.S. Bankruptcy Court in Wilmington, Del., will consider the rig operator’s proposal to hand ownership of the restructured company to bondholders in exchange for $1.2 billion in debt forgiveness.

[more]

Global Maritime Chapter 11 Causes Snags for Harvard Endowment

09/18/15

Global Maritime Investments Cyprus Ltd.’s bankruptcy filing is causing some snags for Harvard University’s endowment manager. Read the Daily Bankruptcy Review article via The Wall Street Journal.

[more]

Hillary Clinton’s Explanation for Controversial Bankruptcy Vote? Joe Biden

09/18/15
Democratic presidential candidate Hillary Clinton speaks during a community forum on substance abuse in Laconia, N.H.
Darren McCollester/Getty Images

LACONIA, N.H.

[more]

Watchdog Instructs 50 Cent to Protect Investment Accounts

09/17/15
Curtis “50 Cent” Jackson attends Annual Charity Day hosted by Cantor Fitzgerald and BGC at BGC Partners Inc. on Sept.11 in New York City.
[more]

KKR’s Samson Resources Enters Chapter 11

09/17/15

Oil and gas producer Samson Resources LLC, which was taken over by KKR & Co. in a leveraged buyout in 2011, filed for bankruptcy protection, The Wall Street Journal reports.

[more]

The Epic Saga of a Mythical Museum

09/16/15
Emilia Clark as Daenerys Targaryen in “Game of Thrones,” courtesy of HBO.
[more]