The restructuring deal is expected to preserve about 3,800 jobs and erase tens of millions of dollars in debt — but it would ...
Two attempts by Johnson & Johnson to resolve approximately 60,000 talcum powder lawsuits through bankruptcy courts have ...
A hearing for the Idaho-based company is set for Friday, when a judge will rule on the sale of the aquarium’s remaining ...
The Nikola stock price has collapsed to a record low, transforming a company that was once worth $26 billion in 2020 to just ...
The “court-supervised reorganization” was announced in an open letter in May 2024, as a response to claims of sexual abuse ...
Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement with Texas and 14 other states to ...
The Sackler family and Purdue Pharma, the maker of the addictive painkiller oxycontin, have reached a $7.4 billion settlement ...
Books Inc. Joined the List of Retailers That Have Filed for Chapter 11 Protection in the U.S. Bankruptcy Court ...
Economic indicators suggest a potential recession, with caution in equity investing despite short-term optimism.
In the high-stakes trial, Coan et al. v. Dunne et al., Attorney Thomas H. Curran, representing Chapter 7 Trustee Richard M. Coan, successfully ...
Seven-year-old electric vehicle startup Canoo has filed for Chapter 7 bankruptcy and announced an immediate halt to ...