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The Daily Docket: Highland Capital Wins $40 Million in Suit Against Credit Suisse

12/22/14

A Texas jury on Friday awarded hedge-fund firm Highland Capital Management $40 million in its lawsuit against Credit Suisse over inflated appraisals of a dozen luxury properties such as golf communities and ski resorts during the mid-2000s. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Unpaid Farmers Sue Allens’ Bankruptcy Advisers

12/19/14
Associated Press

The financial advisory firm that guided an Arkansas vegetable-canning company through bankruptcy to survival may have to return the money it earned—and tens of millions of dollars more—because

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Forward Motions: New York City Opera Seeks Auction Approval

12/19/14
“Anna Nicole,” the New York City Opera’s last performance (if they are not able to raise the money by the end of September) at Brooklyn Academy of Music on Sept.
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The Daily Docket: Binder & Binder Enters Chapter 11

12/19/14

Binder & Binder, one of the nation’s largest Social Security disability firms, filed for bankruptcy protection Thursday night amid shrinking demand for its services as government scrutiny of disability claims tightens. The Wall Street Journal has the Daily Bankruptcy Review article here.

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The Daily Docket: Madoff Victims to Get Another $600 Million

12/18/14

Nearly $600 million worth of settlements to benefit victims of Bernard Madoff’s massive Ponzi scheme on Wednesday won the blessing of a bankruptcy judge. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Another DBSI Executive Sentenced for Role in Fraud

12/17/14

A fifth DBSI Inc. official will do time for his role in the fraud-driven collapse of the Idaho real-estate firm.

Gary W. Bringhurst, 47 years old, this week was sentenced to five years of probation—including 60 days of intermittent imprisonment—according to federal prosecutors. Last year, he pleaded guilty to conspiracy to commit securities fraud.

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American Laser Skincare Customers Not Feeling Pretty

12/16/14

Beauty treatment chain American Laser Skincare abruptly shut its doors last month. Now, some customers say they’re being asked to pay for treatments they never received, while others who say they paid in advance want their money back.

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The Daily Docket: GT Advanced Wins Approval of Settlement With Apple

12/16/14
The new Apple Watch is pictured during an Apple event at the Flint Center for the Performing Arts in Cupertino, California, in this Sept. 9, 2014 file photo.
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Investors Have a Deal for Spurned New York City Opera Ticketholders

12/15/14
“Anna Nicole,” as performed by the New York City Opera’s last performance at Brooklyn Academy of Music on Sept.
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