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Bankruptcy Headlines
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Boy Scouts of America Releases Sex-Abuse Bankruptcy Plan, with $300 Million…
The Boy Scouts of America released a bankruptcy reorganization plan yesterday calling for local councils to contribute at least $300 million to a trust to settle tens of…
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Texas Power Market Shortfall Jumps to $2.5 Billion After Crisis
Texas’s grid operator said that it’s short nearly $345 million in payments from retail power providers and others after electricity prices skyrocketed during last…
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Major NRA Vendor Loses Bid to Shake Up Creditors Committee
A judge rejected an effort by a major National Rifle Association vendor to get a bigger voice for suppliers in the gun group’s bankruptcy, ruling there was no proof trade…
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Mall Values Plunge 60% After Reappraisals Triggered by Bad Debt
U.S. mall values plunged an average 60% after appraisals in 2020, a sign of more pain to come for retail properties even as the economy emerges from pandemic-enforced…
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Hertz Global Files Reorganization Plan
Car rental company Hertz Global Holdings Inc. said today that it had filed a proposed plan of reorganization with the U.S. Bankruptcy Court for the District of Delaware,…
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U.S. Airlines Remain in 'Dire Straits,' Need New Government Assistance,…
The head of a group representing major U.S. passenger airlines and a senior union official will make the case today to lawmakers for a third round of government assistance,…
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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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