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Woodland Hills News

  • Legal Pot Sets Off Penny Stock Frenzy

    The Milken Institute likes to keep up with the newest new thing, so it was no surprise that its April conference in Los Angeles included a panel on investing in marijuana.

  • Apollo-Linked Insurer Said to Invest in Lender AmeriHome

    An insurer tied to Apollo Global Management LLC bought a stake in AmeriHome Mortgage Company LLC, a lender taken over this year by a group including former Countrywide Financial Corp. executives, according to three people with knowledge of the investment.

  • Tribune, Trico, Sex.com, Tronox, Lehman: Bankruptcy

    Publisher Tribune Co. filed a modified Chapter 11 plan on Oct. 23 incorporating a revised settlement announced this month. In addition to Tribune, proponents of the revised plan include the official creditors’ committee, senior lenders Oaktree Capital Management LP and Angelo Gordon & Co., and JPMorgan Chase Bank NA, as agent for the senior lenders.

  • MGM Studios, Lehman, GM, Awal, Chemtura: Bankruptcy

    Metro-Goldwyn-Mayer Inc . held its first Chapter 11 hearing yesterday and the bankruptcy judge set aside Dec. 2 for a confirmation hearing to consider approving the reorganization plan that creditors accepted in advance.

  • LTAP, Sexy Hair, Lehman, NYC OTB, Cynergy: Bankruptcy

    LTAP US LLP, a purchaser of life insurance policies in the so-called life settlement market, filed for Chapter 11 protection yesterday in Delaware to protect what it believes is the value of the portfolio above the $222.5 million owing to secured lender Wells Fargo Bank NA , as agent.

  • Tribune, General Growth, Lehman, Tronox: Bankruptcy

    Newspaper publisher Tribune Co. could end up being reorganized under the Chapter 11 plan filed on Sept. 17 by Oaktree Capital Management LP and Angelo Gordon & Co., whose funds hold what they say are several billion dollars in senior loan claims.

  • GM, Visteon, General Growth, Mesa Air, RathGibson, HSH, DBSD: Bankruptcy

    Professionals working for old General Motors Corp . will be waiting for some of their fees as the result of a May 21 ruling by the bankruptcy judge in New York.

  • Lehman, Innkeepers, Trico, Meruelo Maddux: Bankruptcy

    Lehman Brothers Holdings Inc. filed papers early this morning to stay 50 lawsuits, mostly those it began in the last few days as the two-year deadline was approaching for the commencement of suits to recover fraudulent transfers and preferences.

  • Health Insurers Are Extending Enrollment, EHealth Says

    Health Net Inc. and insurers in at least 14 states will let consumers who missed open enrollment sign up for health plans in April, a private online marketplace said, in a move that may help attract younger customers.

  • Health Net Falls After 2014 Forecast Misses Estimates

    Health Net Inc. fell the most in 15 months after the insurer’s chief executive officer said earnings next year are likely to be unchanged, falling short of analysts’ projections.

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