Oct 20 Judge rules Alex Jones can’t use bankruptcy protection to avoid paying Sandy Hook families By Associated Press It's another defeat for Jones in the wake of juries in Texas and Connecticut punishing him over spreading falsehoods about the nation's deadliest school shooting. Continue reading
Oct 16 Watch 3:53 News Wrap: Deadly shooting in Brussels prompts terror alert In our news wrap Monday, Brussels is under its highest level terror alert after two Swedes were killed in what Belgium's prime minister called attacks linked to terrorism, Poland's opposition parties appear to be on the verge of ousting the… Continue watching
Oct 16 Rite Aid files for bankruptcy amid financial losses, opioid-related lawsuits By Tom Murphy, Elaine Kurtenbach, Associated Press The drugstore chain said late Sunday it also has obtained $3.45 billion in fresh financing from some of its lenders. That will help support the company through its voluntary Chapter 11 process. Continue reading
Aug 07 Watch 7:15 Future of freight in question after trucking company Yellow files for bankruptcy By Lisa Desjardins, Courtney Norris, Dorothy Hastings Yellow, one of the nation’s largest freight and trucking companies, announced it is shutting down, leading to one of the largest mass layoffs in recent history and potential shipping cost increases. The company is in bankruptcy just three years after… Continue watching
Apr 29 Judge in New Orleans Roman Catholic bankruptcy recuses himself over church donations By Jim Mustian, Associated Press A federal judge overseeing the New Orleans Roman Catholic bankruptcy recused himself in a late-night reversal that came a week after an AP report showed he made donations to the archdiocese and consistently ruled in favor of the church in… Continue reading
Apr 23 Bed Bath & Beyond files for bankruptcy protection after failing to secure funding By Anne D'Innocenzio, Associated Press Bed Bath & Beyond — one of the original big box retailers known for its seemingly endless offerings of sheets, towels and kitchen gadgets — filed for bankruptcy protection, following years of dismal sales and losses and numerous failed turnaround… Continue reading
Apr 21 Catholic bankruptcy case rulings clouded by judge’s donations By Jim Mustian, Associated Press An Associated Press investigation finds a federal judge donated tens of thousands of dollars to New Orleans’ Roman Catholic archdiocese and consistently ruled in favor of the church amid a contentious bankruptcy involving nearly 500 clergy sex abuse victims. Continue reading
Mar 17 Parent of Silicon Valley Bank files for bankruptcy protection By Michelle Chapman, Associated Press SVB Financial Group is filing for Chapter 11 bankruptcy protection. SVB Financial Group is no longer affiliated with Silicon Valley Bank or the bank’s private banking and wealth management business, SVB Private. Continue reading
Dec 13 WATCH: Current FTX CEO says lax oversight, bad decisions caused failure By Glenn Gamboa, Associated Press The new CEO of the failed cryptocurrency exchange FTX is appearing before a House committee Tuesday, detailing for lawmakers the lack of oversight and financial controls that he discovered since taking over the company a month ago. Continue reading
Nov 11 Embattled cryptocurrency exchange FTX files for bankruptcy following collapse By Matt Ott, Associated Press Embattled cryptocurrency exchange FTX, short billions of dollars, is seeking bankruptcy protection following its collapse this week. Continue reading