Boomerang Tube LLC, a maker of pipes and tubing for oil and natural gas companies, filed Tuesday for bankruptcy protection with a plan to hand control of the company to its lenders. The Wall Street Journal has the Daily Bankruptcy Review article here.
The long-running legal battle between Lehman Brothers Inc. and Barclays PLC , which bought Lehman’s brokerage business days after the investment bank collapsed, has ended. The Wall Street Journal has the Daily Bankruptcy Review article here.
This week on The Broke and the Beautiful, former baseball great Mike Piazza is interested in buying Parma, and film studio Relativity Media is doing some refinancing. Also, Teresa Giudice made her first tweet from prison.
Brian K. Gart has joined the Gordian Group as managing director and general counsel. Mr. Gart, who has worked with boards of directors for companies in distressed financial situations, most recently was a partner with law firm Berger Singerman. He also has experience working with bankruptcy trustees, creditors’ committees and plan funders. Mr.
The fight between a California strawberry grower and the middleman that gets its berries to Trader Joe’s and other grocery stores keeps getting juicier.
