Steve Russo, along with a few co-investors, recently purchased the intellectual property of Delia’s, a now-defunct teen clothing brand that rose to popularity in the 1990s.
House Judiciary Committee Chairman Rep. Bob Goodlatte (R., Va.) listens to testimony on Capitol Hill in Washington, Tuesday May 19, 2015. He blasted the U.S.
A bankruptcy judge has cleared the way for victims of tainted injections that caused a 2012 meningitis outbreak in the U.S. to begin receiving money from a $200 million trust fund created for their benefit. Read the Daily Bankruptcy Review article here.
In this Sept. 7, 2012, file photo, Joe Francis attends the House of Hype Music Awards at the Beverly Hills Hotel in Beverly Hills, Calif. A judge has called for Mr.
MF Global Holdings Ltd. investors are seeking final approval of a $74 million settlement stemming from their lawsuit against several financial institutions. The Wall Street Journal has the Daily Bankruptcy Review article here.
Last week, our Examiners took on the controversial issue of student loan debt and bankruptcy. And the group came down on both sides as to whether student loan debt should be dischargeable in bankruptcy, with arguments for a change to the bankruptcy code, for preserving the status quo and for a more nuanced approach.
The bankrupt southern California city of San Bernardino is looking to exit court protection with a plan that pays some bondholders a penny on the dollar but maintains pension benefits for retired city workers. Read the Daily Bankruptcy Review article here.
This week on The Broke and the Beautiful, Teresa Giudice mulls her future, Kelly Rutherford petitions the White House, and Rhode Island clears a pair of lobbyists tied to Curt Schilling’s defunct videogame company.
