Bankruptcy court clarifies Yellow Corp. owes pensions | WSJ -
A Del. bankruptcy court stated Yellow Corp. is liable for some portion of the $6.5 billion in withdrawal liability claims, but the exact amount to be paid is...more
Bus Carrier Coach USA Goes Bankrupt After Ridership Drops | Bloomberg -
Bus carrier and owner of the Megabus brand and commuter bus lines connecting New York and New Jersey, Coach USA filed for Chapter 11 bankruptcy in...more
J&J Offers $6.5 Billion for Talc Lawsuits Ahead of Third Bankruptcy Filing | WSJ -
Healthcare giant Johnson & Johnson has offered a settlement pool of nearly $6.5 billion to resolve tens of thousands of talc-related...more
Express files for bankruptcy; closing more than 100 stores | CNN -
Fashion retailer Express Inc. has officially filed for bankruptcy with the bankruptcy court in Delaware. In a release on Monday, the company said it also...more
Retailer 99 Cents Only Files for Bankruptcy, Plans to Shut Down | Reuters -
Budget retailer 99 Cents Only filed for Chapter 11 bankruptcy protection in Wilmington, Delaware, and stated that it plans to shut down all of its...more
4/15/2024
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Catholic Diocese ,
Chapter 11 ,
Commercial Bankruptcy ,
Convictions ,
Crypto Exchanges ,
Debtors ,
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Price Inflation ,
Sexual Abuse
Amazon to invest in Diamond Sports as part of bankruptcy deal | ABC News -
Diamond Sports has been in Chapter 11 bankruptcy proceedings since it filed for protection last March with debt of $8.67 billion. Amazon will partner...more
WeWork urges landlords to negotiate in bankruptcy| Reuters -
On Wednesday, WeWork, the bankrupt shared office space provider, asked for its landlords to make compromises on their leases through its first appearance in the...more
International Longshore and Warehouse Union files for bankruptcy | Reuters -
The International Longshore and Warehouse Union (ILWU) has filed for a Chapter 11 bankruptcy protection to fend off long standing litigation...more
Rite Aid, bracing for bankruptcy, will close hundreds of stores | SuperMarket News -
As it prepares to file for bankruptcy, Rite Aid is gearing up to close as many as 500 of its 2,100 stores. The Philadelphia-based...more
BlockFi Bankruptcy Plans Opposed by FTX, Three Arrows, and SEC | CoinDesk -
Bankrupt crypto lender BlockFi submitted bankruptcy plans which have now been opposed by bankrupt companies FTX and Three Arrows Capital as well...more
Vice Media Files for Bankruptcy as Ad Business Suffers | Reuters -
Once valued at $5.7 billion, Vice Media Group filed for bankruptcy this week with a planned sale to a group of lenders. The bankruptcy filing comes at a...more
Below is our initial take on recent bankruptcy-related developments: Bed Bath & Beyond has been warning of a potential bankruptcy since early January. It finally filed for bankruptcy protection and has asked the courts for...more
Bed Bath & Beyond Preparing for Bankruptcy Filing Within Days | The Wall Street Journal -
Speculation is growing that Bed Bath & Beyond will soon file for bankruptcy, after its latest attempts at raising funds have not...more