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Weinsteins Get Their Debt Wiped!

Filed under: Film FlickersBusiness Blitz

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Well good for them!

The Weinstein Company has reached a full restructuring agreement in which insurance company Ambac will pay off $115 million of their debt to Goldman Sachs and Assured Guaranty.

They had to give up 200 of their 350 films to do so, but at least the debt is gone!

Just like that!

[Image via WENN.]

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Hulk Hogan Wants His Insurance Company To Pay Up, Brother

Filed under: Legal MattersNick HoganHulk Hogan

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Is he for real!?

Hulk Hogan is suing his insurance company saying they compromised his $30 million fortune as a result of that near-fatal car crash caused by his son Nick.

The leathery wrestler claims that the $250,000 Wells Fargo Southeast paid out to John Graziano exposed him to personal liability in settling the case.

Seriously!? Wasn't Hulk the one who bought his son beer that day???

Hogan is pissed that the company never advised him about the policies needed for teenage drivers that pose a greater financial risk and is asking for unspecified damages.

Douche!

[Image via WENN.]

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