The Jonas Bros are doing GREAT, but their father is having some serious financial issues. Paul Jonas’ company just filed for bankruptcy … TMZ has learned. According to legal docs, obtained by TMZ, Paul’s New Jersey construction and real…
Showing posts with label Bankruptcy. Show all posts
Showing posts with label Bankruptcy. Show all posts
Saturday, September 1, 2018
Friday, June 15, 2018
Teresa and Joe Giudice Out of Bankruptcy
Teresa and Joe Giudice are getting the boot … from bankruptcy court … TMZ has learned. According to docs, the judge in their bankruptcy case has dismissed the matter. The ‘RHONJ’ stars aren’t completely out of debt yet, but they’re close.…
Friday, June 8, 2018
Lil Kim Files For Bankruptcy
Lil Kim raps it’s all about the Benjamins, and now it is for her, since she filed for bankruptcy last month in New Jersey saying she’s $ 4 million in the hole. According to legal docs, Kim owes $ 2 million on a loan for her NJ home and…
Tuesday, March 20, 2018
The Weinstein Company Files for Bankruptcy
Harvey Weinstein’s The Weinstein Company has filed for bankruptcy after a wave of sexual misconduct allegations against the company’s founder. In a statement Monday, the company announced it has entered into a “stalking horse” agreement with Lantern…
The Weinstein Company Files for Bankruptcy
Harvey Weinstein’s The Weinstein Company has filed for bankruptcy after a wave of sexual misconduct allegations against the company’s founder. In a statement Monday, the company announced it has entered into a “stalking horse” agreement with Lantern…
Monday, February 26, 2018
The Weinstein Co. Files for Bankruptcy in Wake of Harvey Weinstein Scandal
It was almost inevitable … The Weinstein Co. has filed for bankruptcy after hemorrhaging assets and facing multiple lawsuits in the wake of the Harvey Weinstein scandal. The Board of Directors said it had no choice … this after investors bailed…
Monday, February 12, 2018
Mike Vick"s Bankruptcy Case Officially Closed After Paying Back $17 Mil
Mike Vick is officially out of the hole — a judge has closed the book on his bankruptcy case after the ex-NFL star paid back more than $ 17 million in debt. Vick filed for Chapter 11 back in 2008 after the infamous dog-fighting scandal — when…
Wednesday, October 25, 2017
The Weinstein Company, Bankruptcy Inevitable, But Company Says BS
The Weinstein Company is in financial freefall thanks to the misdeeds of Harvey Weinstein and bad management, and the company is expected to file for bankruptcy within weeks … this according to sources who have had access to the company’s…
Sunday, June 11, 2017
Darius Miles Loses Everything In Bankruptcy Sale, LeBron Jersey, Guns & VHS Players
Ex-NBA player Darius Miles — who made more than $ 60 MILLION in his career — has lost all of his treasured belongings in a bankruptcy sale … from his signed LeBron jersey to his waffle maker. As we previously reported, Miles filed for Chapter 7…
Darius Miles Loses Everything In Bankruptcy Sale, LeBron Jersey, Guns & VHS Players
Ex-NBA player Darius Miles — who made more than $ 60 MILLION in his career — has lost all of his treasured belongings in a bankruptcy sale … from his signed LeBron jersey to his waffle maker. As we previously reported, Miles filed for Chapter 7…
Saturday, May 13, 2017
"Below Deck" Star Captain Lee Vindicated In Bankruptcy "Fraud" Case
Captain Lee Rosbach is claiming sweet victory in bankruptcy court, but it’s not enough to fix his credit score just yet. A judge just threw out his bankruptcy case on a technicality. We’ll spare you the legalese, but bottom line is the…
Sunday, April 2, 2017
"Below Deck" Star Captain Lee Says Bankruptcy Case is a Fraud, Feds Investigating (VIDEO)
Captain Lee Rosbach claims someone filed for bankruptcy for him without his knowledge or consent and he has no idea why … but he’s on the hunt and is looking for revenge. The “Below Deck” sea captain tells TMZ … he was shocked to hear…
Wednesday, November 30, 2016
"American Idol" Bankruptcy -- I Wrote "No Air" But Got No Cash ... Now Pay Me!
“American Idol” producers are a sleazy, money-hogging bunch who made MILLIONS off the back of one songwriter who never got her cut … so claims the lady in new legal docs. A woman named Molasses Jones claims she wrote Jordin Sparks’ “No Air” but…
Friday, November 25, 2016
NBA"s Darius Miles -- Signed LeBron Jersey Targeted ... In Bankruptcy Auction
Sad news for ex-NBA star Darius Miles … who’s in danger of losing a bunch of his prized possessions in his bankruptcy case — including his signed LeBron James jersey. TMZ Sports has obtained court docs filed in Illinois where 35-year-old…
Friday, June 10, 2016
Gawker Files For Bankruptcy Following Hulk Hogan Sex Tape Lawsuit; Thousands of Snarky Commenters in Mourning
Following weeks of insolvency rumors, Gawker Media – the sleazy blog network that makes PerezHilton.com look like a bastion of journalistic integrity – finally filed for Chapter 11 bankruptcy today.
The move has been anticipated by many ever since a March 18 court ruling in which former pro wrestler Hulk Hogan was awarded $ 115 million in his lawsuit against the site.
That same week, a jury awarded Hogan an additional $ 25 million, thus putting Gawker on the hook for a total of $ 140 million.
Both decisions stemmed from the company’s decision to post portions of Hogan’s sex tape online.
Hogan filed a suit against Gawker for $ 100 million, alleging a violation of his privacy.
The jury saw it his way and then some – awarding the iconic wrestler $ 15 million more than he asked for, and then slapping on an additional $ 25 million in punitive damages.
It was later revealed that Hogan’s legal expenses had been covered by Silicon Valley billionaire Peter Thiel.
Thiel has had beef with Gawker since 2007, when the site outed him as gay.
“It’s less about revenge and more about specific deterrence,” Thiel recently told The New York Times.
The good news for Gawker is that the company can now postpone paying Hogan the colossal sum that it owes him.
The bad news is – well, just about everything else.
Gawker.com confirmed moments ago that all it’s parent company will be sold to “another entity.”
The official statement adds that the sites under the Gawker Media umbrella will continue normal operations “for the foreseeable future,” but confirms that the suit has resulted in “the most significant change to Gawker’s corporate structure in its 14-year history.”
Digital publisher Ziff Davis has reportedly already placed a bid, with $ 100 million as the opening price.
It’s tough luck for Nick Denton and the other famously unscrupulous powers that be at Gawker, but as the esteemed Hulkster himself so memorably opined, “Whatcha gonna do, brother?”
Wednesday, January 20, 2016
Tori Spelling: Filing For Bankruptcy After Humiliating Lawsuit!
Yesterday, we reported that Tori Spelling is being sued by American Express for failure to pay her bill.
Now, this isn’t a case of Tori’s check getting lost in the mail one month.
The company alleges that Spelling owes more than $ 38,000, and hasn’t made a payment in over 8 months. According to the suit, she did write a check for $ 1,019 back in June, but it bounced.
Now, Radar Online is reporting that the outstanding AmEx bill is just the tip of the Tori’s iceberg of mounting debt, and she and husband Dean McDermott may be forced to file for bankruptcy.
“American Express provided a loan to Tori out of a line of credit she had,” says one insider.
“The loan was needed because Tori and Dean had no money coming in last summer. She was hospitalized with burns on her arms, and was in pain for months.”
The source is referring to an incident in which Tori burned herself when she fell on a grill at a Benihana restaurant.
The injuries were reportedly minor, and something tells us that the real reason Tori didn’t have any money coming in last summer is that she doesn’t have a career.
McDermott reportedly recognizes the seriousness of their financial situation, while Tori remains in denial:
“Dean wants Tori to file for bankruptcy because there are other credit card companies that are owed money too,” the insider says.
“It’s surprising that this was only the first company to file a lawsuit in an attempt to get the outstanding balance paid.”
Even so, Tori refuses to endure the humiliation of making her financial struggles a matter of public record.
“Tori refuses to even discuss the possibility of bankruptcy,” says the source.
Is she really that worried about being embarrassed? Has she seen any of her reality shows?!
Monday, November 2, 2015
Abby Lee Miller Pleads Not Guilty to Bankruptcy Fraud
Abby Lee Miller is guilty of being a bully on a fake reality show.
But the Dance Moms star swears she’s not guilty of breaking the law.
Miller posted $ 10,000 bond at her arraignment in Pennsylvania on Monday, pleading not guilty to 20 counts of bankruptcy fraud, each of which carries with it a maximum imprisonment of five years.
As previously reported, Miller was indicted in Pittsburgh last month.
She’s accused of hiding income and concealing assets; of setting up a hidden bank account to divert more than $ 755,000 in income after she filed for bankruptcy in 2010.
Ironically, she was caught in this alleged act by a judge who saw Miller in a commercial for various appearances and wondered what she was doing with the money she was earning as a result.
Asked for comment on the scandal as she walked into the courthouse, the reality star supposedly made a comment about her hair, promoting merchandise available on her website in the process.
Is she taking these charges seriously, Miller was asked?
“Yes,” she replied.
That’s the same one-word response we give when people ask if we hate Abby Lee Miller.
Sadly, it’s also the same one-word response we give when folks ask if we watch Dance Moms online.
What can we say?!? It’s an entertaining show!
Wednesday, October 14, 2015
Abby Lee Miller: Charged with Bankruptcy Fraud!
According to a federal grand jury, Abby Lee Miller has been dancing to her own beat for years.
Her own ILLEGAL beat, that is!
The reality star, whose Lifetime series has been deemed the fakest of all-time, filed for bankruptcy back in 2010 and remained in insolvency for three years.
As a result of this legal maneuver, Miller was obligated to report all earned income to the court, which includes anything made via programs such as Dance Moms and Ultimate Dance Competition.
Simple enough, right?
Not for Miller.
She allegedly set up a hidden bank account into which she diverted over $ 755,000 in income taken home from TV shows, merchandise and apparel sales, along with dance lessons at her studio.
Ironically, bankruptcy Judge Thomas Agresti grew suspicious of Miller after seeing commercials for her various television appearances.
He ordered a hearing for Miller to disclose her full income, at which point it was discovered that she was hiding a significant share of her earnings.
Miller has been indicted on 20 counts of fraud and faces up to five years in prison for each count, if convicted.
Yes, Abby Lee Miller could go to jail for 100 years!!!!
We doubt that will happen, but it will mean you better watch Dance Moms online while you can. It’s not hard to envision Lifetime yanking the program if its lead gets put behind bars.
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