Aston Martin Creditors Fume at Lack of Detail on Debt Deal
It was bad enough, in the eyes of
Bankruptcy
Prison Healthcare Company Gets Trustee Takeover Approved
An independent bankruptcy trustee was approved to take over embattled prison healthcare business YesCare Corp. to collect funds and pursue potential litigation for creditor recovery.
Former Purdue Bankruptcy Judge Robert Drain Moves to M3 Partners
Robert D. Drain, a former judge who oversaw Purdue Pharma’s bankruptcy, is departing the law firm Skadden, Arps, Slate, Meagher & Flom LLP to join corporate advisory firm M3 Partners LP.
FTX Estate Reaches $165 Million Deal for Korean Fraud Victims
The estate for bankrupt FTX Trading Inc. struck a settlement with a receiver representing the estate of convicted Korean fraudster Junho Bang that would allow nearly $165 million to be distributed to victims of his Ponzi schemes.
Spirit Airlines Taps Hill City Unit for $88 Million Campus Sale
Collapsed low-cost carrier Spirit Airlines selected an affiliate of investment firm Hill City Capital LP as the stalking horse bidder for its campus properties with a proposed $88 million all-cash deal.
Bankrupt Trucker Yellow Sued Over Delayed Data Breach Warning
Former Yellow Corp. workers accused the trucking company of failing to protect sensitive employee data exposed in a cyberattack during its bankruptcy.
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Shaun Ossei-Owusu
University of Pennsylvania Carey Law School
Sabastian Niles
Salesforce
Dawn Valdivia
Stinson
Spotlight on Judge David R. Jones
A Star Bankruptcy Judge’s Downfall: Bloomberg Law Investigation
Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.
A Star Bankruptcy Judge’s Downfall: Bloomberg Law Investigation
Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.
Texas Two-Step: Jones Day's Tactic to Evade Mass Tort Liability Through Bankruptcy
Through the legal tactic, known as the Texas Two-Step, corporations have been able to use bankruptcy to avoid mass tort liability. In this video we look at how it works, the reasons why plaintiffs' attorneys hate it, the reasons that companies and their lawyers use it, and how courts have ruled on it so far.
Latest Stories
Fed Dissenters Say Rate Hikes Needed to Battle Inflation Threat
Three Federal Reserve officials who dissented against Wednesday’s decision to hold interest rates steady warned that waiting too long to act against inflation could risk the need for even more aggressive policy moves later.
Korea’s Shinhan Aims to Toss Florida Investment Firm Bankruptcy
A South Korean securities firm moved to have Florida-based investment firm Ria R Squared Inc.'s bankruptcy tossed as a bad faith filing.
Ferguson Enterprises Jumps as Set to Join S&P 500 Next Week
(Adds shares.)
Brookfield Faces Looming Creditor Clash Over Polish Solar Firm
Alternative asset manager
Big Tech Holds $2 Trillion of Spending Commitments for AI Boom
The four largest players in the data center race have committed nearly $2.4 trillion in spending over the coming years, pointing to massive ongoing investment in AI infrastructure.
Genesis Healthcare Approved to Send Dual-Track Plan to Creditors
Genesis Healthcare Inc. won court approval to send to creditors for a vote a bankruptcy restructuring plan that would have the nursing home operator finalize a roughly $1 billion sale and then liquidate, or reorganize if the purchase falls through.
Cable One Creditors Organize, Pressuring Plans for New Capital
AI’s Wildest Spenders Are Hitting the Accelerator: Chris Bryant
For anyone worried about the gargantuan costs of developing artificial-intelligence infrastructure, it was comforting to think that Big Tech firms could just turn off the spending taps if demand for chatbots and coding tools didn’t pan out. That’s starting to look like wishful thinking.
Insurers Brace for a ‘Fundamental Shift’ in Catastrophe Risk
Insurers are bracing for a new era of catastrophe risk in Europe fanned by rising temperatures in the world’s fastest-warming continent.
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