December 31, 2010
Judge Says Creditors Can Vote On TerreStar Bankruptcy Plan
December 30, 2010
MGM to Move From Luxurious Century City Offices
"Its less lavish post-bankruptcy headquarters will be a six-story office building in Beverly Hills. The move is part of a plan by its creditors to wipe out about $5 billion in debt."
Bank of America Still Wants to Tear Out 2 Tamarack Lifts, Says Resort is Holding Them Hostage
"Bank of America wants its lifts back from Tamarack Resort, accusing the troubled vacation destination of holding the equipment hostage to extract more money for its assets. In U.S. Bankruptcy Court documents filed Wednesday, the bank's leasing arm argued it should be allowed to rip the lifts out and sell them to somebody else because they aren't necessary to Tamarack's future."
Read the article here.
December 29, 2010
Musicians Ask Court to Dismiss Orchestra Bankruptcy Case
December 28, 2010
Speculators Are Eager to Bet On Madoff Investors' Claims
December 27, 2010
Blockbuster Creditor Sues Icahn
"A creditor in the Blockbuster bankruptcy sued the billionaire Carl C. Icahn over claims that he improperly converted his equity stake to debt to take control of the company after its reorganization."