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Chart-topping female rap trio TLC files for bankruptcy protection in Los Angeles, California, USA, with liabilities reported at over $3.5m, including $1.3m claimed by insurers Lloyds Of London from Lisa (Left Eye) Lopes, who had pleaded guilty to setting fire to the Atlanta, Georgia, USA, residence of former boyfriend Andre Rison.
Saks Fifth Avenue of New York City, USA, reveals that it is suing Aretha Franklin for $263,000 worth of unpaid bills.
Lawyer Tom Davis of Austin, Texas, USA, reveals that the family of blues-rock guitarist Stevie Ray Vaughan has settled its lawsuit against Omniflight Helicopters over his death in a 1990 helicopter crash for an undisclosed sum.