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Ub40 Stars Bankrupt Despite 70 Million Record Sales
The bankruptcy comes after the failure of the group's management company Dep International, and follows a bitter bust up over band finances that eventually led to the group splitting. At a previous court hearing, Judge Richard Musgrave gave liquidators
Updated: 10/17/2011 01:35P
UB40 Declared Bankrupt Despite Countless Chart Hits
Despite over 50 songs hitting the British charts and a reported 70 million albums sold worldwide, reggae group UB40 have declared bankruptcy. According to NME (via the Daily Mail), a judge at Birmingham County Court made the ruling,
Updated: 10/17/2011 01:34P
Ex Ango-Irish CEO's Cape home fetches $3.9 million
A Cape Cod home and its furnishings that once belonged to ex-Anglo-Irish Bank CEO David K. Drumm is set to be sold for $4.03 million, following approval from a bankruptcy court judge. The 4600-square-feet house has five bedrooms, 5.5 baths and sits on
Updated: 10/17/2011 01:30P
In Deep Debt to BB&T, Ski Resort Owner Files for Bankruptcy
The owner of Maryland's only ski resort has filed for bankruptcy after defaulting on nearly $30 million of loans to BB&T Corp. The Associated Press reported Monday that DC Development LLC, which has owned Wisp ski resort in McHenry since 2001,
Updated: 10/17/2011 01:29P
Alberta Court confirms new rights for trustees of a bankrupt franchisee
Section 84.1 was recently added to the Bankruptcy and Insolvency Act (BIA) and negatively affects franchisors when their franchisees file for bankruptcy. Before s. 84.1 was enacted, a franchisor could prevent a trustee from selling a franchise.
Updated: 10/17/2011 01:24P
The journey to self-acceptance
Misenheimer holds an MA degree in Negotiation, Conflict Resolution and Peacebuilding, and manages two freelance paralegal firms: Bankruptcy-Paralegal.com and TopNotchParalegals.com. Self-acceptance is a concept with which I have become familiar only in
Updated: 10/17/2011 01:21P
McCourt Divorce Settlement Reached
Selig has asked the Bankruptcy Court to order the Dodgers sold. For Frank McCourt to keep the team, he probably needs US Bankruptcy Court Judge Kevin Gross to deny Selig's request and to grant an auction of the Dodgers' television rights,
Updated: 10/17/2011 01:17P
WHTM abc27 Bankruptcy judge sets arguments for November
(AP) - Lawyers debating whether Pennsylvania's cash-strapped capital can seek bankruptcy protection will lay out their arguments before a federal judge next month. On Monday, US Bankruptcy Judge Mary D. France set Nov. 23 as the first date to hear from
Updated: 10/17/2011 01:12P
Lehman Italian Real Estate May Reap $160 Million Gain
Separately today, ex-Chairman Richard Fuld and other former executives of what was once the fourth-largest investment bank asked the judge handling Lehman's bankruptcy to modify a law so they can draw about $1 million more under the company's
Updated: 10/17/2011 01:12P
Frank McCourt gains control of Dodgers: report
What will happen to the Dodgers has been put on hold until a bankruptcy court in Delaware sorts out the mess. A hearing on the matter is scheduled for Wednesday. The divorce agreement removes Jamie McCourt as an obstacle in Frank McCourt's bid to keep
Updated: 10/17/2011 01:05P
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