Bankruptcy Headlines
OxyContin maker Purdue Pharma LP yesterday filed for bankruptcy protection, succumbing to pressure from more than 2,600 lawsuits alleging the company...
Insurers of a fire-damaged Philadelphia refinery have indicated they would make a $50 million initial advance payment in connection with a June blaze...
Global Cloud Xchange filed for bankruptcy protection Sunday after reaching a deal with lenders that will erase $150 million in debt and hands control...
A federal trustee wants to have a court-appointed liquidator overseeing the LeClairRyan law firm’s bankruptcy case, citing diminishing cash...
The University of Virginia Health System, which sues thousands of patients each year, seizing wages and home equity to collect on overdue bills, said...
The United Automobile Workers union went on strike at General Motors, sending nearly 50,000 members at factories across the Midwest and South to...
For years after the 2008 mortgage-market meltdown, Republicans and Democrats agreed on little about what to do with Fannie Mae and Freddie Mac except...
President Trump on Thursday said that he planned to announce a middle class tax cut in the next year, The Hill reported. “It will be a very...
The Roman Catholic Diocese of Rochester (N.Y.), facing potentially huge judgments for past sexual abuse by its priests and other ministers, filed for...