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

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    May 21, 2012 |Story| KTLA-LTV
  1. Auction of Octomom's House Delayed For Two Weeks -- Again

    LA HABRA, Calif. (KTLA) -- The scheduled auction of Nadya Suleman's La Habra home has been delayed for another 2 weeks.
    KTLA News
    LA HABRA, Calif. (KTLA) -- The scheduled auction of Nadya Suleman's La Habra home has been delayed for another 2 weeks. The sale of the four-bedroom, three-bath house was delayed at the request of the foreclosure company. This is at least the third time...

    Tags: Orange County Register, Foreclosures, Nadya Suleman

  2. May 7, 2012 |Story| KTLA-LTV
  3. Autopsy: Artist Thomas Kinkade Died of Alcohol, Valium Overdose

    LOS GATOS, Calif. -- Artist Thomas Kinkade died of an accidental overdose of alcohol and valium, according to autopsy findings reported Monday by a Bay Area news organization.
    KTLA News
    LOS GATOS, Calif. -- Artist Thomas Kinkade died of an accidental overdose of alcohol and valium, according to autopsy findings reported Monday by a Bay Area news organization. Family members say Kinkade, 54, died April 6 at his home near Los Gatos....

    Tags: Alcohol Addiction, FBI, Disneyland Park, Los Angeles Times, Thomas Kinkade

  4. Apr 27, 2012 |Story| Los Angeles Times
  5. Lehman Awarded $700 Million in Bonuses Before Collapse

    Less than a year before the 2008 collapse of Lehman Bros. plunged the global economy into a terrifying free fall, the Wall Street firm awarded nearly $700 million to 50 of its highest-paid employees, <a href=&quot;http://documents.latimes.com/lehman-compensation-chart/">according to internal documents reviewed by The Times</a>.
    Los Angeles Times
    Less than a year before the 2008 collapse of Lehman Bros. plunged the global economy into a terrifying free fall, the Wall Street firm awarded nearly $700 million to 50 of its highest-paid employees, according to internal documents reviewed by The Times....

    Tags: Economy, Business and Finance, CEO Pay, Financial Markets, Investments, Financially Distressed Companies

  6. Apr 14, 2012 |Story| KTLA-LTV
  7. Dodgers Sale to Magic's Group Approved

    LOS ANGELES -- A federal bankruptcy court today approved the sale of the Los Angeles Dodgers to a group including retired basketball star Magic Johnson.
    KTLA News
    LOS ANGELES -- A federal bankruptcy court today approved the sale of the Los Angeles Dodgers to a group including retired basketball star Magic Johnson. The sale to Guggenheim Baseball Partners LLC was announced March 27 and is expected to close April...

    Tags: Magic Johnson

  8. Apr 18, 2012 |Story| KTLA-LTV
  9. Lenny Dykstra Sentenced On Lewd Conduct, Assault Charges

    LOS ANGELES -- Former baseball great Lenny Dykstra was sentenced to nine months in jail for misdemeanor charges of lewd conduct and assault with a deadly weapon.
    KTLA News
    LOS ANGELES -- Former baseball great Lenny Dykstra was sentenced to nine months in jail for misdemeanor charges of lewd conduct and assault with a deadly weapon. Dykstra pleaded no contest Wednesday to charges that he exposed himself to multiple women...

    Tags: Fraud, Financial Planning, Baseball, Vehicles, Fenway Park

  10. Apr 20, 2012 |Story| KTLA-LTV
  11. US Airways Pursuing Merger With American Airlines

    NEW YORK  -- Workers for three American Airlines unions have agreed to support a potential merger with US Airways Group, according to a US Air document filed with the Securities and Exchange Commission on Friday.
    KTLA News
    NEW YORK -- Workers for three American Airlines unions have agreed to support a potential merger with US Airways Group, according to a US Air document filed with the Securities and Exchange Commission on Friday. The unions - the Allied Pilots...

    Tags: U.S. Airways, Health, Restructuring and Recapitalization, Human Body, American Airlines, Inc.

  12. Feb 27, 2012 |Story| KTLA-LTV
  13. 'The Artist' Takes Top Honors at Academy Awards

    HOLLYWOOD, Calif. -- The silent, black-and-white film &quot;The Artist" took top honors at the Academy Awards on Sunday night, garnering five Oscars for best picture, best directing, best costume design, best original music score and best actor.
    CNN
    HOLLYWOOD, Calif. -- The silent, black-and-white film "The Artist" took top honors at the Academy Awards on Sunday night, garnering five Oscars for best picture, best directing, best costume design, best original music score and best actor. Jean...

    Tags: Media Industry, Hugo (movie), Midnight in Paris (movie), Celebrities, Entertainment Events

  14. Mar 29, 2012 |Story| KTLA-LTV
  15. Frank McCourt Could Make $1B in Cash Deal for Dodgers

    LOS ANGELES -- The $2.15-billion sale of the Dodgers baseball franchise to a group led by former Lakers star Magic Johnson was a cash deal that will not add to the team's debt load but could lead to a payoff of as much as $1 billion for previous owner Frank McCourt, according to people familiar with the deal.
    Los Angeles Times
    LOS ANGELES -- The $2.15-billion sale of the Dodgers baseball franchise to a group led by former Lakers star Magic Johnson was a cash deal that will not add to the team's debt load but could lead to a payoff of as much as $1 billion for previous owner...

    Tags: Bud Selig, College Baseball, Economy, Business and Finance, St. Louis Rams, Fox Broadcasting Company

  16. Mar 12, 2012 |Story| KTLA-TV
  17. Third Schuller Family Member Leaves Crystal Cathedral

    GARDEN GROVE, Calif. (KTLA) -- Sheila Schuller Coleman, the daughter of Crystal Cathedral founder Rev. Robert H. Schuller, announced on Sunday that she is leaving her role as senior pastor to start her own church.
    KTLA News
    GARDEN GROVE, Calif. (KTLA) -- Sheila Schuller Coleman, the daughter of Crystal Cathedral founder Rev. Robert H. Schuller, announced on Sunday that she is leaving her role as senior pastor to start her own church. Her announcement came the day after...

    Tags: Media Industry, Religion and Belief, Christianity, Television Industry, Patents, Copyrights and Trademarks

  18. Apr 7, 2012 |Story| KTLA-LTV
  19. L.A. Budget Chief: City Could be Bankrupt Within Years

    LOS ANGELES (KTLA) -- A report released Friday outlined steps the City of Los Angeles must take in order to avoid a major financial disaster.
    KTLA News
    LOS ANGELES (KTLA) -- A report released Friday outlined steps the City of Los Angeles must take in order to avoid a major financial disaster. Chief Administrative Officer Miguel Santana's report blamed much of the current $222-million budget shortfall on...

    Tags: Los Angeles Times, Antonio Villaraigosa

  20. Feb 23, 2012 |Story| KTLA-LTV
  21. Oscars Theater to Be Called "Hollywood & Highland Center"

    HOLLYWOOD (KTLA) -- Just in time for Hollywood's biggest night, the home of the Oscars has a new name.
    KTLA News
    HOLLYWOOD (KTLA) -- Just in time for Hollywood's biggest night, the home of the Oscars has a new name. The show will refer to the venue -- formerly known as the Kodak Theater -- as the Hollywood & Highland Center. The name refers to the retail complex...

    Tags: Music, Economy, Business and Finance, Arts and Culture, Entertainment, Entertainment Events

  22. Feb 7, 2012 |Story| KTLA-LTV
  23. Residents Want Mayor Who Admitted Affair to Resign

    SAN FERNANDO, Calif. (KTLA)  -- The San Fernando City Council received a tongue lashing Monday night during the public comment period of a public meeting.
    KTLA News
    SAN FERNANDO, Calif. (KTLA) -- The San Fernando City Council received a tongue lashing Monday night during the public comment period of a public meeting. One by one, angry residentstook the podium, letting the council know what they think about several...

    Tags: Local Government

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