bankruptcy
People
Annie Leibovitz’s Financial Doomsday Clock Hitting Midnight
4:10PM Andrew Belonsky | Poor Annie Leibovitz can’t catch a break! An Italian photographer’s suing Leibovitz for allegedly stealing his work and passing it off as her own. Of course, that’s hardly the worst thing on her plate right now. More »
People
Why Didn’t Annie Sell Her Fancy Houses?
6:58AM Pareene | Annie Leibovitz should probably just file for bankruptcy before her $US24 million loan to Art Capital comes due. But could she have repaid the loan already, if she’d just sold her damn houses? Bloomberg thinks so! More »
People
What Comes Next For Annie Leibovitz?
2:04AM John Cook | As information continues to drip out about Annie Leibovitz’s disastrous financial situation, her own personal D-Day is fast approaching. What happens on September 8, when her $US24 million pawnshop loan comes due? More »
Print
Reader’s Digest (America’s Best Magazine) Going Bankrupt
3:58AM Hamilton Nolan | Reader’s Digest announced today that it’s planning to file for bankruptcy and give its lenders control of the company. Being America’s best magazine is worthless these days.
Print