Today: September 12, 2024
Today: September 12, 2024

Bankruptcy

Business|Economy|Health

Bankrupt Steward Health to close two Massachusetts hospitals

Bankrupt hospital owner Steward Health Care will close two locations in Massachusetts after failing to find a buyer for them, the company said Friday.

Bankrupt Steward Health to close two Massachusetts hospitals
Business|Economy|Health|News

Senate committee votes to investigate Steward Health Care bankruptcy and subpoena its CEO

A Senate committee has voted to authorize an investigation into the bankruptcy of Steward Health Care and to subpoena the company’s CEO

Senate committee votes to investigate Steward Health Care bankruptcy and subpoena its CEO
Business|Economy|News|Political

Giuliani remains in bankruptcy limbo over unpaid fees

A U.S. judge said Thursday that he may reverse course on ending Rudy Giuliani's bankruptcy and instead keep Donald Trump's former lawyer under Chapter 11

Giuliani remains in bankruptcy limbo over unpaid fees
News

Baltimore Archdiocese files for bankruptcy before new law on abuse lawsuits takes effect

The Catholic Archdiocese of Baltimore on Friday filed for Chapter 11 reorganization days before a new state law goes into effect removing the statute of limitations on child sex abuse claims and allowing victims to sue their abusers decades after the fact

Baltimore Archdiocese files for bankruptcy before new law on abuse lawsuits takes effect
News

Baltimore Archdiocese files for US bankruptcy to address sex abuse lawsuits

The Archdiocese of Baltimore filed for U.S. bankruptcy protection on Friday, saying it intends to seek a settlement of sex abuse claims by people who allege

Baltimore Archdiocese files for US bankruptcy to address sex abuse lawsuits
News

International Longshore and Warehouse US dockworkers union files for bankruptcy

The International Longshore and Warehouse Union (ILWU) representing U.S. dockworkers has filed for a chapter 11 bankruptcy protection to resolve a pending litigation with the Oregon

International Longshore and Warehouse US dockworkers union files for bankruptcy
Business

FTX customers are still grappling with crypto platform's collapse

For Lee Rees, 43, FTX was one of a handful of exchanges on which the London-based cryptocurrency trader earned a good living, profiting off

FTX customers are still grappling with crypto platform's collapse
Business

US regulators weigh penalizing bankrupt crypto lender Voyager's ex-CEO - Bloomberg

Investigators at the U.S.

US regulators weigh penalizing bankrupt crypto lender Voyager's ex-CEO - Bloomberg
Business

US regulators settle with bankrupt crypto company Voyager, file against ex-CEO

The U.S. Federal Trade Commission said it reached a settlement with bankrupt crypto company Voyager that will permanently ban it from handling consumers' assets.

US regulators settle with bankrupt crypto company Voyager, file against ex-CEO
News

Top US bankruptcy judge, under ethics review, steps back from major cases

U.S.

Top US bankruptcy judge, under ethics review, steps back from major cases
Business

Exclusive-Apollo seeking to join airline SAS investor consortium -source

U.S. private equity firm Apollo Global Management is seeking to join the consortium that Scandinavian airline SAS last week picked to take it through

Exclusive-Apollo seeking to join airline SAS investor consortium -source
News

Top US bankruptcy judge resigns amid ethics inquiry

U.S. bankruptcy Judge David Jones in Houston has resigned after a federal appeals court opened an ethics probe spurred by a previously undisclosed

Top US bankruptcy judge resigns amid ethics inquiry
Business

Drug retailer Rite Aid files for bankruptcy, gets $3.45 billion commitment

Rite Aid filed for Chapter 11 bankruptcy on Sunday, a move that would halt lawsuits the drugstore chain is facing over its alleged role in the U.S. opioid crisis and named a new CEO.

Drug retailer Rite Aid files for bankruptcy, gets $3.45 billion commitment
Business|Economy|Health|News

Rite Aid seeks Chapter 11 bankruptcy protection as it deals with lawsuits and losses

Rite Aid has filed for bankruptcy and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits

Rite Aid seeks Chapter 11 bankruptcy protection as it deals with lawsuits and losses
Business|Health

Rite Aid's bankruptcy plan stirs worries of new 'pharmacy deserts'

Rite Aid’s plan to close more stores as part of its bankruptcy process raises concern about how that might hurt access to medicine and care

Rite Aid's bankruptcy plan stirs worries of new 'pharmacy deserts'
Business

Bankrupt Rite Aid resolves drug supply dispute with McKesson

Pharmacy chain Rite Aid has settled a critical dispute with drug supplier McKesson Corp to ensure that customers' prescriptions will continue to be filled

Bankrupt Rite Aid resolves drug supply dispute with McKesson
Business

Bankrupt drugstore chain Rite Aid raises going concern doubts

U.S. drugstore chain Rite Aid raised concerns about its ability to remain in business in a regulatory filing on Wednesday, days after it filed for bankruptcy protection.

Bankrupt drugstore chain Rite Aid raises going concern doubts
Business

Lordstown Motors ex-CEO approved to buy company assets for $10 million

Electric vehicle company Lordstown Motors received U.S. bankruptcy court approval Wednesday to sell its manufacturing assets to a new company affiliated with

Lordstown Motors ex-CEO approved to buy company assets for $10 million
News

Alex Jones can't avoid Sandy Hook verdicts in bankruptcy - judge

Conspiracy theorist Alex Jones cannot use his personal bankruptcy to escape paying defamation verdicts stemming from his repeated lies about the 2012 Sandy Hook elementary school

Alex Jones can't avoid Sandy Hook verdicts in bankruptcy - judge
Business

Exclusive-Trucking firm prepares long-shot bid for Yellow, seeks US Treasury support

One of the largest U.S. privately owned auto transport companies is quietly mounting a long-shot bid - with increasing help from the Biden administration - to rescue

Exclusive-Trucking firm prepares long-shot bid for Yellow, seeks US Treasury support
News

Exclusive-Law firm tied to bankruptcy judge resignation did not make conflict disclosures -data analysis

A Texas law firm did not follow standard disclosure practices in at least 27 cases that might have revealed its former partner was secretly in a romantic

Exclusive-Law firm tied to bankruptcy judge resignation did not make conflict disclosures -data analysis
Business|Economy|News

Retired businessman will lead Boy Scouts of America as it emerges from scandal-driven bankruptcy

The new president of the Boy Scouts of America plans to reverse the trend of declining membership and improve safety programs as the organization emerges from bankruptcy following a sexual abuse scandal

Retired businessman will lead Boy Scouts of America as it emerges from scandal-driven bankruptcy
News

US seeks return of fees from law firm tied to bankruptcy judge resignation

The U.S.

US seeks return of fees from law firm tied to bankruptcy judge resignation
Business

Factbox-The other crypto bosses in US authorities' crosshairs

Onetime crypto poster child Sam Bankman-Fried was on Thursday found guilty of defrauding customers of his now-bankrupt crypto exchange FTX, in a

Factbox-The other crypto bosses in US authorities' crosshairs
Business

WeWork China will not participate in WeWork's strategic reorganisation

WeWork China will not participate in the strategic reorganisation of WeWork in the United States and Canada, it said on Tuesday.

WeWork China will not participate in WeWork's strategic reorganisation

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