Bankruptcy

Coal Company’s Bankruptcy Heightens Pressure On Green New Deal’s ‘just Transition’ Component

Retired coal miners stand to lose their benefits following a company’s bankruptcy, leaving the future of union contracts at other mines across the country in doubt as the industry continues to falter. One of the oldest coal mine operators in...

Read More →

The Washington Post Is Getting Sued For Libel, And They Deserve It

I’m the first to admit we live in an era of overzealous litigators, scratching for the next lawsuit like a dog with a bone, burying them with retainer fees and motions to exhaust a person into a pit of despair and bankruptcy. However, the legal...
Related topics: Lawsuits

Read More →

Argument Analysis: Meandering Argument Suggests Justices Likely To Narrow Bankrupts’ Power To...

The second and last argument of the week came in the Supreme Court’s most important bankruptcy case of the year, Mission Product Holdings Inc. v. Tempnology, LLC. The case presents a problem that has confused lower courts for more than 30 years:...

Read More →

Oh, The Humanité

On January 25, the newspaper of the French Communist Party (PCF), L’Humanité, declared it could no longer pay its bills and requested bankruptcy protection. Although the paper itself is small—its circulation has declined to 32,000 daily...

Read More →

Payless Shoesource Is Going Out Of Business -- These 2 Competitors Will Be Winners

Just a year and a half after exiting bankruptcy with high hopes for a comeback, discount shoe giant Payless ShoeSource is calling it quits. The struggling retailer announced last week that it will close all of its more than 2,000 remaining...

Read More →

Mckinsey Agrees To Pay $15m To Settle Bankruptcy Abuse Claims

Consulting firm McKinsey and Co. agreed to pay the Department of Justice (DOJ) $15 million to settle three bankruptcy cases in which it is accused of not sufficiently disclosing conflicts of interest.McKinsey was accused of not identifying...

Read More →

Abi Consumer Commission Report Is Nearly Finished

For the past two years, the American Bankruptcy Institute's Commission on Consumer Bankruptcy has been hard at work. As the Commission's reporter, I am very happy to say that the work is nearly finished. All of the drafting is completed,...

Read More →

Arbitration In Bankruptcy -- Discharge, The Easy Case

Now that the major work of the ABI Commission on Consumer Bankruptcy is done, I seem to have this thing called "time" again. One of the topics that I have been wanting to post about is arbitration in bankruptcy. If I follow through on my...

Read More →

While Sears Has Been Struggling To Survive In The Us, The Retail Chain Thrives In Mexico. And When...

Sears US has narrowly avoided liquidation after filing for Chapter 11 bankruptcy protection last October. Chairman Eddie Lampert's proposal to buy the retailer's assets for $5.2 billion was approved in a move that could save up to 45,000 jobs....
Related topics: Mexico

Read More →

Another Retailer Bites The Dust: Payless To Shutter Us Operations As Bankruptcy Filing Looms

With its second bankruptcy filing in two years imminent, Bloomberg is reporting that discount shoe retailer Payless (Shoesource Inc.) will liquidate its US operations, and begin shutting down its online operations, as the US "retail apocalypse"...
Related topics: Bloomberg

Read More →

Jussie Smollett’s Suspected Attackers Both Filed For Bankruptcy Due To Massive Debt

Jussie Smollet’s suspected attackers are brothers from Nigeria, but that isn’t the only new detail that has come out about them. The Blast reports that Abel and Ola Osundairo were once both in massive amounts of debt due to student loans...
Related topics: Nigeria

Read More →

Quadriga Ceo Said Back In 2014 He Kept Crypto Wallet Keys In Safety Deposit Box

Since the Canadian crypto exchange QuadrigaCX filed for bankruptcy protection last month after claiming that its founder and CEO, Gerald Cotten took the private keys to the exchange's cold-storage wallets to his grave after dying suddenly in Jaipur,...
Related topics: India

Read More →

:@williambaude: The Invalidation Of The Promesa Appointments

A few thoughts on the First Circuit's separation of powers ruling on the Puerto Rico bankruptcy boardThis afternoon the First Circuit issued a very important opinion holding unconstitutional the appointments to the Financial Oversight Management...

Read More →

2:00pm Water Cooler 2/15/2019

Today's Water Cooler: China trade, Harris, Buttegeig, Sunrise Movement, industrial production, manufacturing, consumer sentiment, import and export prices, auto, Wall Street and infrastructure, nuclear power, medical bankruptcy, predictive policing,...
Related topics: China

Read More →

The Emails That Brought Down Enron Still Shape Our Daily Lives

During its 2002 investigation of the bankruptcy of Enron, the US Federal Energy Regulatory Commission (FERC) checked the energy company’s emails: more than 600,000 messages sent from 158 employees, mostly senior management. The collected...
Related topics: Federal Energy Regulatory Commission

Read More →

California Utility Tied To Devastating Wildfires To File For Bankruptcy

Pacific Gas and Electric faces billions of dollars in claims stemming from recent infernos, including the Camp wildfire.

Read More →

Gymboree Files For Bankruptcy For The Second Time In Almost 2 Years

The San Francisco-based company said it will also sell its high-end line, Janie and Jack, as well as its intellectual property and online platform.

Read More →

Michael Avenatti Gives Up Control Of Law Firm After Former Partner Claimed He Hid Millions

His former partner's lawyer stated that Avenattii's acts "include brazen acts of bankruptcy fraud."

Read More →

Lampert Reveals Plans For Sears After Bankruptcy: Wsj

(Reuters) - Sears Holdings Corp will sell or sublease some of the 425 stores of the retail chain and open smaller stores with more focus on tools and appliances than on apparel, said Chairman Edward Lampert in an interview with...
Related topics: Reuters

Read More →

Gymboree Files For Bankruptcy For The Second Time In Almost 2 Years

The San Francisco-based company said it will also sell its high-end line, Janie and Jack, as well as its intellectual property and online platform.

Read More →
What is noozilla?
Noozilla is an independent news aggregation service with a categorization engine that categorizes millions of news stories by subject.