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KPS approved as FBI stalking horse bidder

2013-10-16 06:06:24| Furniture - Topix.net

KPS Capital Management emerged last week as the stalking horse bidder in the bankruptcy case of Furniture Brands International, pushing aside an earlier bid by Oaktree Capital Management that was backed by FBI.

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Trustee objects to FBI insider sale bonuses

2013-10-10 06:15:40| Furniture - Topix.net

The bankruptcy court trustee in Furniture Brands International's Chapter 11 case filed an objection today outlining several reasons why insiders should not be paid bonuses for a bankruptcy sale.

Tags: sale objects insider bonuses

 
 

FBI unable to seize 600,000 Bitcoins from Silk Road operator

2013-10-07 18:46:56| Extremetech

Closing The Silk Road was only the beginning. Now, the FBI is navigating unfamiliar waters as it tries to gain access to Ross Ulbricht's personal fortune of 600,000 Bitcoins.

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Report: FBI can't access Silk Road owner's $80 million in bitcoins

2013-10-07 17:38:17| InfoWorld: Top News

After the FBI executed an arrest warrant last week on Ross Ulbricht, the alleged mastermind behind the massive online drug marketplace Silk Road, it seized about 26,000 bitcoins, worth roughly $3.2 million, that were stored in the site's user accounts.

Tags: in report access road

 

Where FBI went awry

2013-10-04 15:24:00| Furniture - Topix.net

On paper, Furniture Brands International's strategic plan had many aspects that likely sounded good to bankers and Wall Street.

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