Sports fans familiar with some University of Miami football players' affiliation with Nevin Shapiro, a convicted Ponzi schemer who reportedly lavished them with gifts, may not realize that those same players may find themselves facing Shapiro's bankruptcy trustee. "Certainly, we have reviewed the various reports regarding certain athletes receiving, cash, gifts, and other benefits from Mr. … [Read more...]
University of Miami Football Players Could Face Clawback Powers of the Bankruptcy Trustee
August 29, 2011 By
Bankruptcy for Coyotes
August 25, 2009 By
The Wall Street Journal carries a blog called "Bankruptcy Beat" from which we extracted this article:The City of Glendale, Ariz., is attempting to block hockey legend and Phoenix Coyotes coach Wayne Gretzky from collecting his $9.3 million claim in the team’s bankruptcy case.Glendale, home to the Coyotes’ rink Jobing.com Arena, said in court papers that the debts owed to Gretzky are … [Read more...]