Rudolph Giuliani has agreed to pay $100,000 in cash and use proceeds from future sales of his multimillion-dollar homes to satisfy administrative bankruptcy fees and formally end his Chapter 11 case.
Massachusetts paused a $30 million
J.C. Penney’s bankruptcy plan administrator is seeking phone records for ex-bankruptcy judge David R. Jones to see if he secretly communicated with attorneys who handled cases he presided over.
A suspended director of the troubled Indian educational tech firm
Vinson & Elkins LLP is seeking a new role in Enviva Inc.'s bankruptcy weeks after a judge rejected its bid to serve as debtors’ counsel.
Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.
Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.
Argentina’s decision to extend its defense of the peso to the parallel market is draining its foreign currency reserves and denting the most fragile of commodities in its battered economy: investor confidence.
High-grade corporate bond spreads widened the most since May 2023. Meanwhile, bond issuance is expected to be muted Friday for US jobs data as investors worry the Federal Reserve is taking too long to cut interest rates.
Embattled short seller
A dealmaking rebound has long been on Wall Street’s lips, but it’s bankruptcy and restructuring that’s proving to be an unusually persistent moneymaker for boutique advisers.
Arbor Realty Trust Inc. faces a proposed class action accusing it of hiding a “toxic real estate portfolio of mobile homes” and income problems that caused stock drops when revealed in short-seller reports.
A unit of
Rubio’s Restaurants Inc. has agreed to sell the operations and business of its fast casual Mexican restaurant chain in California and Arizona to an affiliate of TREW Capital Management Private Credit LLC for $40 million.
The Senate unanimously passed legislation Thursday to create dozens of additional judgeships on federal district courts across the US, in a rare moment of bipartisanship over an issue once mired in political gridlock.
McAfee’s former enterprise business reached a deal in principle to reshape its debt load and receive $400 million of new money, according to people with knowledge of the matter.
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