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Netflix Balance Sheet Spells Trouble (NASDAQ: NFLX)
Netflix appears to be on the net track towards bankruptcy protection. The company is also increasing content costs going forward. Their accounts payable are going to have to wait for Netflix to make payment. This problem could have been rectified had
Updated: 10/26/2011 01:23P
Los Angeles Dodgers Hearing Over Team's Future Delayed by Judge to Nov. 29
US Bankruptcy Court Judge Kevin Gross today also ordered MLB and News Corp. (NWSA)'s Fox Sports to turn over to the Dodgers any e-mails they exchanged about the team before it filed bankruptcy in June. Dodgers' lawyers claim the documents will help
Updated: 10/26/2011 01:22P
Alan Stout appointed new bankruptcy court judge
A 1978 graduate of Murray State University, he graduated from the Salmon P. Chase College of Law at Northern Kentucky University in 1981. Stout previously has served as president of the board of directors of the National Association of Bankruptcy
Updated: 10/26/2011 01:09P
The Frank McCourt trial pushed back a month
We were supposed to see Bud Selig and Frank McCourt take the stand in the final showdown in bankruptcy court next week, but the judge just kicked the whole thing a month. The trial is now scheduled for November 29 through December 2.
Updated: 10/26/2011 01:06P
Online deals send businesses to the wall
A Brisbane beauty salon owner is warning businesses about the pitfalls of group buying websites saying she was sent to the brink of bankruptcy by a deal gone sour. And, according to a dispute resolution company, she is not alone.
Updated: 10/26/2011 01:04P
Corbin Park sold at bankruptcy auction, again, to developer Mike Schlup
The bankrupt Corbin Park retail project in Overland Park is back in the hands of developer Mike Schlup after he bid $8.1 million at an auction held by the US Bankruptcy Court. Schlup had a contract to buy the stalled retail center for
Updated: 10/26/2011 01:00P
Jameson Inns Affiliates File Bankruptcy in Fight With Colony
Oct. 26 (Bloomberg) -- Jameson Inns Inc. affiliates filed for bankruptcy hours before a court hearing where Colony Capital LLC will challenge the hotel chain's strategy of reorganizing under court protection. JER/Jameson GP LLC joined
Updated: 10/26/2011 12:49P
Cooley Partner Elected President of Turnaround Management Association
Sussman is currently Corporate Secretary on the TMA Executive Board and a Trustee on the International Board of Trustees. "We're thrilled to fill the role of president with a well-respected bankruptcy practitioner from an outstanding firm," said Linda
Updated: 10/26/2011 12:48P
Electrical Firm Seeks to Rewire Finances in Bankruptcy
AP A company that helps keep the lights on for the city that never sleeps has filed for bankruptcy. Struggling to outlast New York City's construction slowdown, Michael Mazzeo Electric Corp. turned to Chapter 11 bankruptcy protection to
Updated: 10/26/2011 12:43P
Lehman Nearer Bankruptcy Exit, Creditors Sign On
By Reuters NEW YORK (Reuters)—Lehman Brothers Holdings Inc. is moving closer to emerging from its record bankruptcy, and that its Chapter 11 reorganization is now backed by creditors who hold more than $160 billion of claims.
Updated: 10/26/2011 12:41P
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