reuters.com
Genesis HealthCare said on Monday that an insider bid had won a bankruptcy auction for all of its assets, which would allow the same ownership group to maintain control of the company's nursing homes while using bankruptcy to slash debts and medical malpractice claims.
3 days ago
reuters.com
Yellow Corp has reached settlements with 14 pension plans that had sought over $7.4 billion from the bankrupt trucking company.
6 days ago
reuters.com
Solar power company PosiGen filed for bankruptcy in Texas late Monday, saying the Trump administration’s cuts to tax credits and subsidies for solar power had starved the company of cash and sparked disputes with its lenders.
9 days ago
reuters.com
A pair of federal judges on Friday separately blocked President Donald Trump's administration from unilaterally imposing new conditions on hundreds of millions in U.S. Department of Homeland Security grants to cities including San Francisco, Los Angeles and New York.
13 days ago
reuters.com
A U.S. bankruptcy judge on Wednesday ordered an independent investigation into auto parts maker First Brands, allocating a $7 million budget to probe allegations of fraud involving the company's use of third-party financing for customer invoices.
16 days ago
reuters.com
A Tennessee state court judge temporarily blocked on Monday Republican Governor Bill Lee's deployment of National Guard troops to the city of Memphis, ruling that the use of troops was likely not legal under the state's militia law.
17 days ago
reuters.com
A federal bankruptcy judge said on Friday he will approve a restructuring plan for drugmaker Purdue Pharma that includes a $7.4 billion settlement resolving claims that it fueled the U.S. opioid epidemic through the sale of addictive pain medications like OxyContin.
20 days ago
reuters.com
U.S. President Donald Trump unlawfully ordered National Guard troops to Portland, Oregon, a federal judge ruled Friday, a legal setback to the administration's use of the military in American cities.
27 days ago
reuters.com
Bankrupt auto parts maker First Brands received court approval on Friday for an additional $600 million in rescue financing, after resolving clashes with creditors that had previously opposed the loan.
28 days ago
reuters.com
A federal judge found that part of the order was illegal because the U.S. Constitution gives states, not the president, the power to oversee elections.
about 1 month ago
reuters.com
Portland police testified on Wednesday that President Donald Trump's order to deploy National Guard troops in their city inflamed protests and increased violence, in a trial over whether the troop deployment was legal.
about 1 month ago