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

Latest From Dietrich Knauth

Business

Crypto lender Celsius Network cleared to exit bankruptcy

Crypto lender Celsius Network received U.S. bankruptcy court approval on Thursday for a restructuring plan that will return cryptocurrency to customers and

Crypto lender Celsius Network cleared to exit bankruptcy
Business

WeWork seeks permission to begin canceling leases in bankruptcy

WeWork is making its first U.S. bankruptcy court appearance on Wednesday, seeking to advance a restructuring proposal that could cut $3 billion in debt and

WeWork seeks permission to begin canceling leases in bankruptcy
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
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
Entertainment|Lifestyle

US romance writers' group seeks loving embrace of bankruptcy court

Hang up the ripped bodices, give Fabio the bad news and cue the lawyers: the Romance Writers of America, a nonprofit devoted to helping romance writers build

US romance writers' group seeks loving embrace of bankruptcy court
Business|Economy

U.S. bus company Coach files for bankruptcy to sell its business

Coach USA, the operator of Megabus and other commuter bus lines in the U.S. and Canada, filed for bankruptcy protection in Delaware late Tuesday, seeking to

U.S. bus company Coach files for bankruptcy to sell its business
Business|Economy|Technology

FTX seeks to stop outside litigation against insiders, VC firms

FTX on Tuesday asked a U.S. judge

FTX seeks to stop outside litigation against insiders, VC firms
Business|Economy

WeWork cleared to exit bankruptcy and slash $4 billion in debt

A U.S. bankruptcy judge on Thursday approved WeWork's Chapter 11 bankruptcy plan, allowing the shared office space provider to eliminate $4 billion in debt and

WeWork cleared to exit bankruptcy and slash $4 billion in debt
Business|Economy

Red Lobster probes "endless shrimp" losses after bankruptcy filing

Red Lobster, which filed for Chapter 11 bankruptcy in Florida on Sunday night, is investigating the role its majority owner Thai Union played in the restaurant

Red Lobster probes "endless shrimp" losses after bankruptcy filing
Business|Health

Cancer victims sue Johnson & Johnson over 'fraudulent' bankruptcies

A group of cancer victims sued Johnson & Johnson on Wednesday, accusing the healthcare company of committing fraud through repeated and continued efforts to use

Cancer victims sue Johnson & Johnson over 'fraudulent' bankruptcies
Business|Economy|Health

Bankrupt Steward Health puts its hospitals up for sale, discloses $9 billion in debt

Bankrupt Steward Health Care has put all of its 31 U.S. hospitals up for sale, hoping to finalize transactions by the end of the summer to address its $9

Bankrupt Steward Health puts its hospitals up for sale, discloses $9 billion in debt
Business|Health

J&J advances $6.48 billion settlement of talc cancer lawsuits

Johnson & Johnson said on Wednesday it is moving forward with a $6.48 billion proposed settlement of tens of thousands of lawsuits alleging that

J&J advances $6.48 billion settlement of talc cancer lawsuits
Business|Sports

Sports leagues question whether broadcaster Diamond can survive without Comcast

Major League Baseball, the National Hockey League and the National Basketball Association said on Wednesday that bankrupt broadcaster Diamond Sports may not

Sports leagues question whether broadcaster Diamond can survive without Comcast
Business|Entertainment|Sports

Comcast pulls Bally Sports channels, imperiling US broadcaster's restructuring

Cable provider Comcast stopped broadcasting Bally Sports channels on Wednesday, taking some MLB games off the air and imperiling the bankruptcy restructuring of

Comcast pulls Bally Sports channels, imperiling US broadcaster's restructuring
Business|Economy

Gemini customers get back over $2 billion in crypto from Genesis bankruptcy

Bankrupt crypto lender Genesis and crypto exchange Gemini have returned over $2 billion in crypto to 232,000 retail customers in their jointly managed Gemini

Gemini customers get back over $2 billion in crypto from Genesis bankruptcy
Business|Economy|Technology

FTX bankruptcy lawyers were not complicit in fraud, report finds

FTX's bankruptcy lawyers at Sullivan & Cromwell were not complicit in the fraud that caused the crypto company to collapse, a court-appointed examiner concluded

FTX bankruptcy lawyers were not complicit in fraud, report finds
Business|Economy|Technology

Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-down

Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy

Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-down
News|Opinion|Political

Sandy Hook families want to seize Alex Jones' social media accounts

Families of the Sandy Hook massacre victims want to seize Alex Jones' social media accounts in his bankruptcy, saying that the conspiracy theorist's frequent

Sandy Hook families want to seize Alex Jones' social media accounts
News|Opinion|Political

Sandy Hook families agree to Alex Jones' bankruptcy liquidation

Families of the Sandy Hook massacre victims claimed victory in Alex Jones' bankruptcy case on Friday, accepting the conspiracy theorist's proposal to sell his

Sandy Hook families agree to Alex Jones' bankruptcy liquidation
News|Opinion

Alex Jones asks to convert his bankruptcy to a Chapter 7 liquidation

Conspiracy theorist Alex Jones has asked a U.S. judge to convert his bankruptcy into a Chapter 7 liquidation, giving up on an effort to settle massive legal

Alex Jones asks to convert his bankruptcy to a Chapter 7 liquidation
Health|News

Judge cuts Bayer $2.25 billion Roundup verdict to $400 million

A Pennsylvania judge on Tuesday slashed a $2.25 billion U.S. verdict against Bayer to $400 million for a Pennsylvania man who said he developed cancer from

Judge cuts Bayer $2.25 billion Roundup verdict to $400 million
News|Political

Trump's former lawyer Giuliani stumbles in bid to appeal defamation ruling

A U.S. bankruptcy judge on Tuesday rejected Rudy Giuliani's attempt to appeal a $148 million defamation judgment won by former Georgia election workers, saying

Trump's former lawyer Giuliani stumbles in bid to appeal defamation ruling
Business|News

WeWork reaches settlement with creditors, rebuffs Neumann bid

Shared office space provider WeWork announced on Monday a settlement with its junior creditors and a new cash infusion from its senior lenders, moving ahead

WeWork reaches settlement with creditors, rebuffs Neumann bid
News|Political|World

Conservative news site Gateway Pundit files for bankruptcy

The Gateway Pundit, a far-right news site, filed for bankruptcy Wednesday, following litigation by election workers and others who faced harassment after the

Conservative news site Gateway Pundit files for bankruptcy
Health|News

J&J wins trial over Florida woman who claimed its baby powder caused her cancer

A Florida jury on Thursday concluded that Johnson & Johnson's baby powder talc product did not cause the ovarian cancer of a Florida woman who died in 2019.

J&J wins trial over Florida woman who claimed its baby powder caused her cancer

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