Greenberg-Ryan Win Texas Rangers’ Bankruptcy Auction
Chuck Greenberg and Nolan Ryan won an auction for ownership of the bankrupt Texas Rangers baseball team after outbidding Dallas Mavericks owner Mark Cuban and Houston businessman Jim Crane. Cuban and Crane's top bid...
Will Tribune Co’s Alleged Dishonesty Destroy Their Bankruptcy Reorganization?
A bankruptcy examiner's report which found dishonesty in Tribune Co's leveraged buyout will remain sealed until the bankruptcy judge resolves confidentiality issues surrounded the release of the report. But a 20-page summary of the...
“Real Housewives of New Jersey” Star Bankruptcy Comments All Too Common
"Real Housewives of New Jersey" star Teresa Giudice's recent comments during her appearance on "The View" reveals a mentality that can often land post-bankruptcy debtors back in financial trouble. When asked about her bankruptcy,...
A-Rod Objects To Texas Rangers’ Bankruptcy Auction
Alex Rodriguez filed an objection in bankruptcy court last week over how the Texas Rangers' bankruptcy auction might be held, stating that he feared that bidders won't make good on deferred payments to him and...
Lessons From Dennis Hecker: How To Make Enemies With Your Bankruptcy Trustee
Dennis Hecker, the former auto tycoon, is still in bankruptcy and seemingly trying his best to make enemies with his bankruptcy trustee. Hecker, who has been embroiled in bankruptcy and a criminal case since...
Food Share America Files Chapter 11 Bankruptcy – Many Left Without Food
Food Share America (FSA) has filed Chapter 11 bankruptcy after racking up more than $100,000 in bounced checks and other debts. The food ministry, which operates discount food centers in ten states including Texas,...
Bankruptcy Judge To Consider Creditors Challenge Of Bidding Procedures
Bankruptcy Judge Michael Lynn has agreed to hear the arguments of creditors this week who are challenging plans for an Aug. 4 auction of the Texas Rangers. They are saying they don't like the...