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Bankruptcy

A collection of news and information related to Bankruptcy published by this site and its partners.

Top Bankruptcy Articles

Displaying items 12-22
  • Backstreet Boys get recordings, posters in final Pearlman payout

    Backstreet Boys get recordings, posters in final Pearlman payout
    The Backstreet Boys have received a final payment in a long-running battle against the bankruptcy estate of their former manager, disgraced boy band mogul Lou Pearlman. The settlement is only for $99,000 in cash, compared to $3.45 million the band was...
  • Producer Claims New Line 'Racketeering' in Acquiring 'Conjuring' Rights

    Producer Tony DeRosa-Grund, who has been involved in litigation with Warner Bros. over the rights to "The Conjuring" and "Annabelle," is claiming that New Line Cinema and one its senior executives engaged in a racketeering conspiracy to wrest control of...
  • Smaller than life: Backstreet Boys get $99,000 final payout in $3.4 million battle with former manager

    Smaller than life: Backstreet Boys get $99,000 final payout in $3.4 million battle with former manager
    The Backstreet Boys have received a final payment in a long-running battle against the bankruptcy estate of their former manager, disgraced boy band mogul Lou Pearlman. The settlement is for $99,000 in cash, compared to $3.45 million the band was...
  • Nelson Bunker Hunt, famed Texas oilman, dies at 88

    Nelson Bunker Hunt, famed Texas oilman, dies at 88
    DALLAS - Nelson Bunker Hunt, the wildcatter who surpassed the legacy of his father, H.L. Hunt, died Tuesday of congestive heart failure at Dallas assisted living center. He was 88. Hunt outdid his father in creating and losing fortunes through titanic...
  • Rekha Basu: Elizabeth Warren is right: America's middle class needs a boost

    Her father was a janitor in Oklahoma City and her mother stayed home and cared for the four kids. Whenthe youngest and the only girl, came along unplanned in 1949, some belt tightening was needed. It would be needed again, when her father had a heart...
  • Famed Texas oilman Nelson Bunker Hunt dead at 88

    (Reuters) - Nelson Bunker Hunt, the Texas oilman once considered the world's richest man before his fortunes were undone by Muammar Gaddafi and his own epic overreaching in the silver market, died on Tuesday at age 88. The Dallas Morning News reported...
  • Detroit can survive after bankruptcy but large risks loom: expert

    DETROIT (Reuters) - Detroit's relatively fast move through municipal bankruptcy has resulted in costly creditor settlements and too little emphasis on fixing the city's broken operations, a restructuring expert testified in U.S. Bankruptcy Court on...
  • State proposes reforms to group home oversight

    State proposes reforms to group home oversight
    Maryland's top health official announced Sunday that his agency is reforming the way the state regulates group homes for disabled foster children. In a report sent Sunday to Maryland lawmakers and The Baltimore Sun, the state health department...
  • Mane 'n Tail hair care manufacturer expanding in the Lehigh Valley

    Mane 'n Tail hair care manufacturer expanding in the Lehigh Valley
    One of the top-ranked young competitors in the equine sport of eventing, Caroline Martin looked all over for a shampoo that would leave her horse's coat and mane shiny, but wouldn't dry out its skin with repeated grooming. Mane 'n Tail equine shampoo...
  • As other cities move ahead, Maitland seems stuck on hope

    As other cities move ahead, Maitland seems stuck on hope
    A lot has happened since the city of Maitland set out to remake an old Winn-Dixie shopping plaza into its town center nearly a decade ago. During that time the city of Orlando managed to build a new Orlando Magic arena and a new performing arts center....
  • U.N. officials tour Detroit to assess impact of water shutoffs

    DETROIT (Reuters) - Two United Nations human rights officials on Monday finished a tour of Detroit to assess the impact of widespread water disconnections on residents in an effort by city officials to shore up some $90 million in overdue bills. During...