Bankruptcy Case Filings Kansas
Top 10 bankruptcy of the 20th century
Celebrity bankruptcy has become so common that many hire financial advisors keep an eye on their bank accounts and avoid abuse of the oddities and viable business enterprises. No one, whether rich or famous, is immune to the dangers of debt. Thus, the stars are like the rest of us, but playing with much higher stakes.
Donald Trump: billionaire businessman
Trump, currently about $ 3 billion, no doubt has had its fair share of financial disasters. In 1992, the three casinos that then owned – the Taj Mahal, Castle and Plaza – has gone bankrupt, overwhelmed by more than $ 1 billion of debt after the recession of 1990-91. But he climbed to the brink of personal bankruptcy and chronicled his return to millionaire status in the 1997 book "Trump: The Art of the comeback. Empire Casino Trump was bankrupt again in 2004.
Meat Loaf: Rock Star
Meat Loaf has created some of the best albums of all time, but things go wrong for him when, in 1981, changed managers, after discovering that his stolen money. They All Meat Loaf's assets frozen and has continued to breach of contract. They also spread rumors that he was violent and had threatened people with guns, and a battle that has brought Meat Loaf eventually go bankrupt. In 1986, Meat Loaf found a new writer, John Parr, and began recording a new album. Unfortunately, the producer put a dance beat on every song, which was a big mistake, and Meat Loaf ended in bankruptcy for the second time.
Playboy Anna Nicole Smith: Model and actress and 1993 the magazine "Playmate of the Year"
Tragic Anna Nicole Smith came into the spotlight in 1994 when, at age 26, married oil billionaire businessman aged 89 and J. Howard Marshall. In 1996, Smith filed for bankruptcy in California, after a failure in his $ 850,000 against sexual harassment of an employee. The former model died of a drug overdose in February 2007, five months after the death of her son Daniel, 20, who also had a drug overdose.
Rock star MC Hammer
MC Hammer parachute pants and glory "Hammertime" bankruptcy in April 1996 due to declining album sales and a luxurious lifestyle. He $ 13 million of debt. After this rapid fall from grace, MC Hammer spent most of the 1990s as a joke in the music industry. Nelly, in his 2000 hit "Country Grammar", announced his intention to "blow 30 like I'm Hammer mill
George Best: Football Manchester United
George Best Manchester United soccer legend will always remember his brilliant talent in the field, but was accompanying champagne and playboy lifestyle that eventually led to premature death. Best Day and fall tragically degenerated in alcoholism, bankruptcy, imprisonment and possibly a liver transplant. After his death in November 2005, the News of the World published a photograph of the best, at its request, showing him in his hospital bed, which was reported in his last message: "Do not die like me."
Walt Disney: Oscar – Winning film producer, animation and theme park pioneer
Disney has not lost his wealth when he finds it, but it was a great battle to come there first. As a young entrepreneur Walt Disney started his animation company for the first time in Kansas City in 1921 and concluded in accordance with a distribution company in New York. Intoxicated by success, Disney began to experiment with new narrative techniques, but their costs increase and the distributor went bankrupt. Also was forced to declare bankruptcy in 1923 and at one point could not pay the rent and food for dogs survived.
Gary Glitter: Glam Rock stars
Gary Glitter, the King of Glam Rock, has had a bit of life. After excessive consumption of alcohol and drug use in his musical career early, which was declared bankrupt in 1980. However, Glitter, aka Paul Francis Gadd, said it filed for bankruptcy because "someone did not fill out the forms of law. Just as he had begun to change his life, Glitter faced accusations of pedophilia, and in 1999 was convicted for downloading 4,000 images of child pornography and was branded as a sex offender. Glitter reputation was further tarnished when he was permanently expelled from Cambodia in 2002 for alleged crimes of sexual abuse of children.
Oskar Schindler: an activist who saved over 1,000 Jews from the Nazis
In the 1930s, a young Oskar Schindler has changed jobs several times. He also tried several business, but soon failed due to the Great Depression.
At the end of the war, Schindler had spent his entire fortune on bribes and black market supplies for their employees. Nearly destitute, Schindler did not succeed in postwar Germany and eventually emigrated to Argentina in 1948, where he failed again. Of Back in Germany in 1958, Schindler had a number of business failures. He settled in West Germany and tried again – with the help of a Jewish organization – To establish a cement factory. This, too, went bankrupt in 1961.
TLC: R & B / Hip-Hop Pop Group
In 1994, shortly before the release of the trio's second album "CrazySexyCool" (which has sold over 11 million copies) of the band member Lisa Lopes was arrested on charges arson. In a fit of alcohol as fuel rage, Lopes vented all the frustrations of their stormy relationship, often with Andre Rison, burning his home in Atlanta the ground and destroying several of their cars. In 1995, TLC filed for bankruptcy, claiming debts of more than $ 3.5 million, in part, insurance benefits Lopes "in criminal fire incident.
Kim Basinger Oscar – Actress
Outrageous Basinger was in trouble when she bought the town of Braselton, Georgia, for 20 million. It was the same time that she fell in the film "Boxing Helena" after expressing concern about the nudity. Main Line Pictures followed the star of Batman and Weeks 9 1 / 2 for breach of contract, and the subsequent trial was of Hollywood proportions. Lawyers for the producers even tried Basinger stop having children – will decrease the amount you can claim. Basinger personal bankruptcy in 1993 and was forced to sell the city of Braselton.
About the Author
Iain Mackintosh is the managing director of Simply-Docs. The firm provides over 1100 legal documents and templates covering all aspects of business from the new holiday entitlement laws to
bankruptcy
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Kansas City Bankruptcy
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