How Corporate Chiefs Dodge Lawsuits over Sexual Abuse and Deadly Products November 7, 2022 By Mike Spector, Benjamin Lesser, Disha Raychaudhuri, Dan Levine and Kristina Cooke Hollywood producer Harvey Weinstein’s rape conviction landed him in prison. Allegations of serial sexual abuse cost him his career and...
Special Report: How a Bankruptcy ‘Innovation’ Halted Thousands of Lawsuits June 24, 2022 By Dan Levine and Mike Spector Attorney Greg Gordon sat before a packed hotel ballroom of bankruptcy lawyers who had come to hear him hold court...
As Russia Faces Potential Default, Investors Weigh Legal Options April 22, 2022 By Rodrigo Campos and Karin Strohecker NEW YORK/LONDON –– As Russia teeters on the brink of a historic default, foreign investors in the country’s debt have...
PG&E Gets Subpoena Over Dixie Fire, Expects to Take $1.15B Loss November 2, 2021 PG&E Corp said on Monday it had received a subpoena from the U.S. attorney’s office seeking documents from the California...
Judge Begins Key Hearing on Boy Scouts Bankruptcy Plan September 23, 2021 By Randall Chase DOVER, Del. (AP) — A Delaware judge on Tuesday began a key hearing that could determine whether the Boy Scouts...
Judge Will Approve Purdue Pharma Bankruptcy Plan That Shields Sacklers September 2, 2021 By Tom Hals and Mike Spector A U.S. judge said on Wednesday he would approve OxyContin maker Purdue Pharma LP’s bankruptcy reorganization plan, clearing a path...
Judge Clears Boy Scouts’ $850M Sex Abuse Settlement Plan With Conditions August 23, 2021 By Andrew G. Simpson The Boy Scouts of America has received a green light from a judge to proceed with its $850 million reorganization...
With $2,300 Phone Calls, Purdue Runs Up Huge Bankruptcy Tab May 12, 2021 By Jeremy Hill and Dawn McCarty One phone call with the Department of Justice: $2,300. Two days at the Ritz-Carlton: $830. Oh, and a lengthy cab...
Zurich Insurance Sees Limited Greensill Exposure May 12, 2021 By Carolyn Cohn and Michael Shields LONDON/ZURICH — Zurich Insurance does not expect to have a major exposure to the failure of supply chain financing firm...
Purdue Creditors Zero In on Sackler Messages From a Decade Ago December 29, 2020 By Jef Feeley, Jeremy Hill and Valerie Bauman Bankruptcy creditors are pointing to a trove of decade-old documents as they probe whether members of the billionaire Sackler family...