Today: September 21, 2024
Today: September 21, 2024

Latest From Dietrich Knauth

Business|Economy|Finance|Health

J&J unit files for bankruptcy to advance $10 billion talc settlement

A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $10 billion proposed settlement

J&J unit files for bankruptcy to advance $10 billion talc settlement
Business|Finance|Technology

Terraform Labs approved for bankruptcy wind-down after US SEC settlement

Terraform Labs received court approval on Thursday to wind down its operations in bankruptcy after agreeing to settle a U.S.

Terraform Labs approved for bankruptcy wind-down after US SEC settlement
Business|Finance|Food

Red Lobster receives court approval for sale to Fortress

Restaurant chain Red Lobster on Thursday received court approval for a restructuring that will allow the company to emerge from bankruptcy under the ownership

Red Lobster receives court approval for sale to Fortress
Business|Economy|Finance|Health

Bankrupt Steward Health approved to sell six Massachusetts hospitals at a loss

Steward Health Care, the largest private hospital operator in the U.S., received a bankruptcy judge's approval on Wednesday to sell six Massachusetts hospitals,

Bankrupt Steward Health approved to sell six Massachusetts hospitals at a loss
Business|Finance|Health|News

Bankrupt Steward Health Care sells physician network as Massachusetts hospital seized

Bankrupt hospital operator Steward Health Care received a bankruptcy judge’s approval on Friday to sell its nationwide physician network to a private equity

Business|Economy|Finance|Food

Restaurant chain Buca di Beppo files for bankruptcy

Italian-American restaurant chain Buca di Beppo filed for Chapter 11 bankruptcy protection on Monday, saying it intends to keep its current locations open despite a

Business|Finance

Silicon Valley Bank's former owner gains approval to end bankruptcy

SVB Financial Group, the former owner of failed Silicon Valley Bank, received a U.S. judge's permission on Friday to turn over its assets to creditors and end

Silicon Valley Bank's former owner gains approval to end bankruptcy
Americas

Trump's ex-lawyer Giuliani booted from bankruptcy after fee dispute resolved

A U.S. judge formally ended Rudy Giuliani's bankruptcy on Friday - a move that lets sexual harassment, defamation and other lawsuits proceed against him

Trump's ex-lawyer Giuliani booted from bankruptcy after fee dispute resolved
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
Election|News|Political

Far-right Gateway Pundit kicked out of bankruptcy, exposing it to lawsuits

A U.S. judge on Thursday ruled that pro-Trump news site the Gateway Pundit should be dismissed from bankruptcy, exposing the site to lawsuits from election

Far-right Gateway Pundit kicked out of bankruptcy, exposing it to lawsuits
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
Americas|News

US Senate probes Steward Health bankruptcy, subpoenas CEO

A U.S.

US Senate probes Steward Health bankruptcy, subpoenas CEO
Business|Economy|Finance

Red Lobster moves closer to bankruptcy sale to lenders

Red Lobster is moving closer to a bankruptcy sale that would put lenders, including Fortress Investment Group, in charge of the company after no other bidders

Red Lobster moves closer to bankruptcy sale to lenders
News|Political

Giuliani spent on Florida condo, RNC trip instead of bankruptcy fees

A U.S. judge criticized Rudy Giuliani on Wednesday for spending money on his Florida condominium and travel to the Republican National Convention while he

Giuliani spent on Florida condo, RNC trip instead of bankruptcy fees
News|Political

Judge ends Giuliani bankruptcy, heightening legal risks

A U.S. judge on Friday ended Rudy Giuliani's bankruptcy, allowing lawsuits for defamation, sexual harassment and other claims to proceed against Donald Trump's former

Judge ends Giuliani bankruptcy, heightening legal risks
News|Political

US judge may end Giuliani bankruptcy, exposing ex-Trump lawyer to lawsuits

A U.S. judge on Wednesday said he would likely end Rudy Giuliani's bankruptcy, a move that would enable lawsuits for defamation, sexual harassment and other

US judge may end Giuliani bankruptcy, exposing ex-Trump lawyer to lawsuits
Business|Health

Purdue Pharma secures litigation ceasefire after US Supreme Court ruling

Purdue Pharma on Tuesday received U.S. court approval for a 60-day freeze on lawsuits against its owners, members of the wealthy Sackler family, in its first

Purdue Pharma secures litigation ceasefire after US Supreme Court ruling
Business|Health

Purdue creditors seek approval to sue Sackler family members

Purdue Pharma's creditors sought permission from a U.S. bankruptcy court on Monday to sue the company's wealthy owners, arguing that the litigation can serve as

Purdue creditors seek approval to sue Sackler family members
Economy

Appliance component company Robertshaw files for bankruptcy

Appliance component manufacturer Robertshaw U.S.

Business|News|World

WeWork founder Neumann wants bankruptcy court's help in bid to repurchase company

WeWork founder Adam Neumann has asked a U.S. bankruptcy judge to help his bid to re-acquire the coworking business, saying Monday that WeWork's management should engage

Business|Economy|News|Travel

LATAM scraps plan to acquire Boeing B737s after talks end with bankrupt Gol

LATAM Airlines said on Wednesday that it was no longer seeking to acquire Boeing B737 planes either from bankrupt Brazilian carrier Gol or other sources, opting

Business|News

Craft retailer Joann approved to exit bankruptcy, slash $505 million debt

Craft retailer Joann Inc received a U.S. bankruptcy judge's approval on Thursday for a restructuring that would eliminate $505 million in debt and keep all 815

Business|Economy|Health

US hospital network Steward files for bankruptcy, aims for new loan

Steward Health Care, which operates 31 hospitals in eight U.S. states, filed for Chapter 11 bankruptcy in Texas on Monday, aiming to secure a new loan from its

US hospital network Steward files for bankruptcy, aims for new loan
Business|Economy

Rite Aid bankruptcy plan approved, cutting $2 billion in debt

A U.S. bankruptcy judge on Friday approved Rite Aid's restructuring plan, allowing the pharmacy chain to cut its debt by $2 billion and turn over control to a

Rite Aid bankruptcy plan approved, cutting $2 billion in debt
Business|Economy|News

US Supreme Court Purdue ruling makes mass litigation tougher to resolve in bankruptcy

Bankruptcy may become a less attractive way to resolve sprawling lawsuits after a U.S.

US Supreme Court Purdue ruling makes mass litigation tougher to resolve in bankruptcy

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