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Bankruptcy Headlines
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Puerto Rico Rejects Key Deal with Creditors to Reduce Debt
Puerto Rico’s governor announced yesterday that a federal control board reached a key deal that would reduce the U.S. territory’s overall debt by nearly 80%, but that his…
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States Paying Billions in Fraudulent Unemployment Claims
A tsunami of fraudulent unemployment claims sweeping the nation has cost states and the federal government tens of billions of dollars in payments, many to overseas crime…
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More than 150 Executives Back $1.9 Trillion Stimulus Plan
Senior executives from more than 150 companies are voicing support for President Joe Biden’s $1.9 trillion stimulus package in a letter to congressional leaders urging them…
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Department Store Chain Belk Seeks Chapter 11 for Speedy Restructuring
Department store chain Belk Inc. filed for bankruptcy protection on Tuesday, commencing an ultra-quick timetable intended to lift the Sycamore Partners-owned company out of…
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Brooklyn Real Estate Empire Shows Strain With Rental Bankruptcy
Cracks are starting to form in the All Year Management real estate empire after part of its apartment development in a hipster Brooklyn neighborhood filed for bankruptcy,…
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Mall Owner Macerich Taps PJT Partners to Help Wrangle Debt
Mall owner Macerich Co. tapped PJT Partners Inc. for help managing its debt load as pandemic-related closures and retailer bankruptcies crimp its cash flows, Bloomberg News…
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Experts Unpack Important Commercial Bankruptcy Law Changes Enacted in December - Ep. 240
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Issues Confronting Bankruptcy and Insurance Law - Ep. 239
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Examining Supreme Court Decision on Puerto Rico Oversight and Management Board - Ep. 238
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Two ABI Legends Discuss Financial Crisis Due to COVID-19, Tools for Practitioners to Utilize - Ep. 237
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Highlighting Consumer Commission's Recommendations to Expand Chapter 13 Debt Limit and Create a Ch. 13 Reserve Fund - Ep. 236
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