DISTRESSED DAYBOOK: Carvana, Curo Group, Zayo Group, KKR, Akumin
Get a preview of upcoming events straight from the Bloomberg Terminal in our daily debt rundown.
Bankruptcy Law News
View and Filter All Stories
Purdue Pharma Deal Gets Court Blessing, Protecting Sacklers
A panel of
J&J’s $8.9 Billion Talc Deal Faces Key Test in Oakland Trial
US Bankruptcy Tracker: Troubled Debt Pile Shrinks Slightly
US insolvency courts remained busy while the pile of distressed debt contracted for a third straight week, according to data compiled by Bloomberg.
‘Screwed by Stitches’: Knitters Get Ghosted in Ultimate Betrayal
Most knitters saw no hint the relationship was in serious trouble. A few of them, now that they think about it, say there were recent warning signs they missed. But in the end, all of them suffered the ultimate betrayal — they got ghosted.
Bankman-Fried Points to Law Firm Advice as FTX Fraud Defense
FTX co-founder
PRACTITIONER INSIGHTS
View More Insights
Michael Broyde
Emory University School of Law
Jennifer Kennedy Park
Cleary Gottlieb Steen & Hamilton
Philip Allen Lacovara
Latest Stories
Law Firms Boost Parental Leave as Some Workers Remain Skeptical
Law firms are increasing employee parental leave time, but some attorneys worry they risk career advancement if they take all of it. Some lawyers fear being passed over for opportunities or derailed from a path to partner while others fear pushback.
ChatGPT Tempts Big Law Despite AI Accuracy, Data Privacy Worries
Some large US firms are beginning to embrace ChatGPT and other AI technology. Still, questions about accuracy and data privacy have led some to bar its use.
US Bankruptcy Wave Builds as ATM Maker, Aerospace Supplier File
At least three firms filed for Chapter 11 bankruptcy protection in the US, shortly after the biggest rush in years, even as Federal Reserve officials are
Platinum-Backed Aerospace Supplier Incora Files for Bankruptcy
Platinum Equity’s
GenesisCare May Split Off US Assets as It Files for Chapter 11
GenesisCare, an Australia-based operator of cancer treatment centers, has commenced bankruptcy proceedings in the US as part of a restructuring effort.
Incora Files for Chapter 11 With Over $300m in DIP Financing
Incora filed for voluntary protection under Chapter 11 of the US Bankruptcy Code in Texas, intends to use the process to improve its capital structure and position the business for long-term growth, according to a statement.
GenesisCare Separates US Operations After Filing for Chapter 11
GenesisCare to pursue the separation of US business while US management implements turnaround strategy, according to a statement.
GenesisCare Unit Files for Chapter 11 Bankruptcy in Texas
ATM Manufacturer Diebold Nixdorf Files for Chapter 11 Bankruptcy
EXPLORE BLOOMBERG LAW
Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: