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6 troubling questions about the Corizon bankruptcy deal
An undisclosed romantic relationship, a secret data breach, payments to insiders, "dishonest" testi…
Dakin Campbell,Nicole Einbind…
Federal judge hits the brakes on Corizon bankruptcy deal
Yesterday a bankruptcy judge called for a re-do on a settlement plan put forward by Corizon success…
Dakin Campbell,Nicole Einbind…
Real estate sector weighs on IBC but accounts for 18% of total realisations
The real estate sector has accounted for a significant portion of the total realisations under the …
A major student-loan company has 'illegally' tried to collect payments from borrowers whose balances were already wiped out through bankruptcy, a federal watchdog alleges in a new lawsuit
The CFPB sued student-loan company PHEAA, accusing it of ignoring borrowers' bankruptcy discharges …
Ayelet Sheffey
WeWork files for bankruptcy in latest sign of commercial real estate reckoning
WeWork was once valued at $47 billion, but it's been in turmoil ever since its 2019 IPO fell apart.
Grace Kay,Meghan Morris,Huile…
Powerful senators fire off letter decrying 'abusive' tactics in Corizon bankruptcy
Nine senators, including Elizabeth Warren, have sent a letter calling prison health provider Corizo…
Dakin Campbell,Nicole Einbind…
Top US bankruptcy judge resigns following revelation of undisclosed romantic relationship
Amid questions about an undisclosed romantic relationship, one of the nation's most prominent bankr…
Nicole Einbinder,Dakin Campbe…
Rudy Giuliani files for bankruptcy. It won't get him off the hook for the $148 million he owes.
Rudy Giuliani's Chapter 11 bankruptcy filing won't shield him from having to pay $148 million to th…
Jacob Shamsian,Paul Squire
The demise of Red Lobster is a perfect case study in how to kill a business
Red Lobster may be headed toward bankruptcy, but its business problems go far beyond all-you-can-ea…
Emily Stewart
IBC cases still below FY20 levels – report says this shows India Inc is ‘comfortably placed’
In yet another sign of the good health of corporate India, insolvency cases are still below FY20 le…
The oxycontin-peddling Sackler family has tried to get immunity from civil lawsuits by filing for bankruptcy. That might be illegal.
The US Supreme Court will hear arguments that could have far-reaching effects on how corporations d…
Katie Balevic
Lawsuit alleges undisclosed relationship involving federal judge that could cloud Corizon bankruptcy deal
An attorney for Corizon successor company YesCare is in a romantic relationship with federal judge …
Dakin Campbell,Nicole Einbind…
Adam Neumann wants to regain control of WeWork. Here's why your office is still open despite the bankruptcy filing.
WeWork cofounder Adam Neumann is exploring an offer to buy it back or give it financing. Here's wha…
Pete Syme
WeWork bankruptcy: One of the biggest startup failures of all time, and venture capitalists haven't learned a thing.
WeWork's financial decline, and likely bankruptcy, may have left some VC firms with losses. The ind…
Julie Bort
Richard Branson's Virgin Orbit rocket firm files for bankruptcy
It failed to secure funding to continue operations.
Huileng Tan
China Evergrande, the world's most heavily indebted property developer, just filed for Chapter 15 bankruptcy protection
Evergrande's filing came amid fears of widening economic woes in China as the country's real-estate…
Huileng Tan
Prison healthcare giant Corizon reaches tentative bankruptcy deal that could shortchange prisoners; Sen. Elizabeth Warren pledges oversight
The company put $30 million on the table, but a controversial Texas Two-Step is walling off more th…
Dakin Campbell,Nicole Einbind…
Alex Jones will still likely have to pay victims' families in his Sandy Hook defamation cases despite Infowars filing for bankruptcy, lawyer says
Jones has been found liable in at least four defamation cases brought against him by families of Sa…
Rebecca Cohen
The Fed could still kill off more zombie companies even after bankruptcies have spiked 54% since last year
Business failures have soared 54% since last year, and experts say the spike can be attributed to t…
Phil Rosen
Rudy Giuliani's 11 court cases, ranked in order of how screwed he is
Rudy Giuliani faces legal issues ranging from defamation to election interference. Here are all his…