Tag: United States bankruptcy court

SFX Considers Legal Action Against Founder Sillerman, Top Execs

The fall of controversial SFX founder and former CEO Robert "FX" Sillerman has been as dramatic as his rise. The next chapter in his demise is likely to include a. Continue reading

Bruce Houghton on 07/28/2016 in Live & Touring | Permalink | Comments (0)
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Former AEG Chief Randy Phillips To Lead SFX Turnaround

Troubled EDM conglomerate SFX will get much needed new leadership when it exits bankruptcy, according to multiple sources.  Former AEG chief Randy Phillips is reportedly the choice of SFX creditors. Continue reading

Bruce Houghton on 07/27/2016 in Live & Touring | Permalink | Comments (0)
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Hastings Shuttering All 123 Music Stores, Liquidation Sale Starts Saturday

Hastings is shutting down all 123 stores and liquidating inventory and fixtures at a deep discount. Hastings had filed bankruptcy and been given 30 days by the court to find. Continue reading

Bruce Houghton on 07/22/2016 in Music Business | Permalink | Comments (2)
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Rapper 50 Cent Files for Bankruptcy

One major slip online has forced rapper 50 Cent into bankruptcy.  In an effort to retain some assets and reorganize his assets, he filed Chapter 11 after loosing a lawsuit claiming he'd. Continue reading

Bruce Houghton on 07/14/2015 in Music Business | Permalink | Comments (0)
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