Amid Debate, MusclePharm Officer Loans Company $6M

After getting put by the Securities and Exchange Commission and paying $700,000 in charges, MusclePharm Corp. executive chairman Ryan Drexler is showing some faith in the business by loaning it $6 million. The Denver sports supplements and nutrition company (OTC Publication Board: MSLP) was nailed by the SEC in September after it was implicated of…

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Judge Encourages Mediation In Duluth Diocese Bankruptcy

MINNEAPOLIS – A judge is motivating mediation to solve the Diocese of Duluths filing for bankruptcy protection.Judge Robert Kressel motivated the diocese and all celebrations included-including lawyers for sex abuse victims and insurance providers- to deal with an arbitrator. Kressel did not formally order mediation.The diocese submitted for Chapter 11 reorganization last Monday. The step…

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Minnesota Diocese Declare Bankruptcy After Abuse Judgment

Duluth, Minn., Dec 9, 2015/ 12:26 am (CNA).-. The Catholic Diocese of Duluth is filingapplying for bankruptcy defense after a multi-million dollar abuse judgment. The diocese states it intends to offer justice for victims while allowing the work of the Church to go on. There is unhappiness in having to continue in this fashion, Father…

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