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Sinbad Bankrupt And Owes $8 Million To The IRS
By Terri SchwartzZap2it 7:32 p.m. EDT, May 20, 2013 Not only has Sinbad gone bankrupt, but he's also facing a whole lot of debt. The comedian filed for Chapter 13 in April and claims he owes $8.3 million to the IRS for taxes from 1998 to 2006. He also...
Tags: Entertainment, Internal Revenue Service
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Gary Busey. Broke?
Gary Busey has virtually no money left from his once-thriving Hollywood career -- but he has amassed an impressive collection of worthless junk ... including a bounty of cassette tapes and broken instruments ... this according to new docs obtained by TMZ....Tags: Nikon Corp, Movies, Science and Technology, DVDs, Gary Busey
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Gary Busey Files for Bankruptsy
Gary Busey -- who's starred in more than 70 movies -- has less than $50,000 to his name ... and more than $500,000 in various debts ... this according to official documents obtained by TMZ. 67-year-old Busey filed for Chapter 7 bankruptcy in California...Tags: Wells Fargo & Co.
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Latest Michigan news, sports, business and entertainment
NCAA-MICHIGAN-EXPLOSIVES 2 Mich. men charged with making Molotov cocktails (Information in the following story is from: AnnArbor.com, http://www.annarbor.com) ANN ARBOR, Mich. (AP) — Authorities say two University of Michigan wrestlers...Tags: Advertising, Credit and Debt, Economy, Business and Finance, Court Preliminary, Radio Industry
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Justice Department opposes AMR's $20 million severance for CEO Horton
Reuters(Reuters) - A plan by American Airlines' parent to exit bankruptcy and merge with US Airways Group is coming under fire from the U.S. Department of Justice over nearly $20 million in severance pay earmarked for outgoing boss Tom Horton. In court papers...Tags: Trials, U.S. Airways, AMR Corp., Air Transportation Industry, Restructuring and Recapitalization
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LAPD reviews Charles Manson follower's tapes for new clues
After a lengthy battle, Los Angeles Police Department detectives and prosecutors have decades-old audiotapes that could shed new light on other cases potentially connected to the Charles Manson killing rampage. LAPD Cmdr. Andrew Smith said the...
Tags: Crime, Law and Justice, Prosecution, Los Angeles Police Department, Charles Manson, Justice System
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Here is the latest Michigan news from The Associated Press
SAGINAW, Mich. (AP) — Police say a 17-year-old girl is dead and three women injured after a shooting at a party before a high school prom in Saginaw. The shooting happened yesterday evening in a Florence Event Hall parking lot. Authorities say there... -
Henrik Fisker joins Hong Kong tycoon to salvage Fisker -sources
Reuters* One of two competing offers in play * Fisker cofounder teams up with investors trying to buy U.S. loan * Group may offer between $25 mln and $30 mln for loan * Sources caution figures are changing, on the rise * DOE considering ramifications of...Tags: Passenger Cars, Finance, Hong Kong, Hybrid Vehicles, General Motors Corp.
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Henrik Fisker joins Hong Kong tycoon to salvage Fisker: sources
ReutersDETROIT/BEIJING (Reuters) - Henrik Fisker is working with an investor group to salvage Fisker Automotive, the "green" car company he co-founded nearly six years ago that is now struggling to stave off bankruptcy, people familiar with the matter said...Tags: Passenger Cars, Finance, Hong Kong, Hybrid Vehicles, General Motors Corp.
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Battling a Motion to Strip or Motion to Value in Bankruptcy Court
Blog Sponsored by Taylor & Carls, P.A. The association has finally obtained its foreclosure judgment for nonpayment of assessments. A sale date has been set. Then, the owner files bankruptcy. What does the association then do? Historically, and...Tags: Tampa, Mortgages, Orlando, Financial and Business Services, Financially Distressed Companies
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Detroit Institute of Arts says city can't sell museum's artwork to cover long-term debt
DETROIT (AP) — The Detroit Institute of Arts says the city can't sell its collection to cover long-term debt. The art museum released a statement Friday after word surfaced that officials are pondering whether the DIA's artwork could be sold to...Tags: Loans, Politics, Arts, The Detroit News, Museums
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U.S. Justice Dept opposes AMR's $20 mln severance for CEO Horton
Reuters* Says severance payment violates bankruptcy law * Horton's proposed severance has been controversial By Nick Brown May 24 (Reuters) - A plan by American Airlines' parent to exit bankruptcy and merge with US Airways Group is coming under fire from...Tags: Trials, U.S. Airways, AMR Corp., Air Transportation Industry, Restructuring and Recapitalization
May 22, 2013
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Feb 16, 2012
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Feb 8, 2012
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May 25, 2013
|Story| AP Michigan
May 24, 2013
|Story| Reuters
May 24, 2013
|Story| Los Angeles Times
May 24, 2013
|Story| AP Michigan
May 24, 2013
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May 24, 2013
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May 24, 2013
|Story| Orlando Sentinel
May 24, 2013
|Story| AP Michigan
May 24, 2013
|Story| Reuters
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