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Purdue Pharma to stay in business as it pursues bankruptcy protection
Lawyers for the pharmaceutical company secured permission to maintain business as usual — paying employees and vendors, supplying pills to distributors ...
Updated: 09/17/2019 09:12P
Would a Purdue Bankruptcy Protect the Sacklers? Good Question.
Here's what the OxyContin maker's Chapter 11 filing means and doesn't mean.
Updated: 09/16/2019 07:29P
Frontier to Make Debt Payments, Soothing Bankruptcy Fears
Frontier Communications Corp. on Monday was set to make roughly $320 million of debt payments, at least temporarily easing fears of a near-term bankruptcy ...
Updated: 09/16/2019 02:05P
Global Cloud Xchange Files for Chapter 11 Bankruptcy
Global Cloud Xchange filed for bankruptcy protection Sunday after reaching a deal with lenders that will erase $150 million in debt and hands control of the ...
Updated: 09/15/2019 08:33P
Bankruptcy: Pain With Gain for Chicago
Bankruptcy” is a dirty word that connotes failure, an ending — the antithesis of opportunity. For many, it's unthinkable “to go there,” as if it were a dark place, ...
Updated: 09/13/2019 02:00P
Rochester diocese, facing flood of sex-abuse claims, files for bankruptcy protection
The Rochester diocese filed for bankruptcy protection Thursday, less than a month after a new law led to a flood of sex-abuse claims.
Updated: 09/12/2019 11:48P
Rochester diocese, facing flood of sex-abuse claims, files for bankruptcy protection
The Rochester diocese filed for bankruptcy protection Thursday, less than a month after a new law led to a flood of sex-abuse claims.
Updated: 09/12/2019 11:48P
Retail Bankruptcies Rise, Store Closures Skyrocket in First Half of 2019
The pace of retail bankruptcies and store closures in the U.S. has accelerated so far this year compared with 2018, due in part to last year's lackluster holiday ...
Updated: 09/11/2019 09:00A
Airline bankruptcy strands thousands of passengers abroad, report says
Thousands of travelers reportedly found themselves stranded after an airline suddenly filed for bankruptcy and canceled flights. In an added wrinkle, a large ...
Updated: 09/10/2019 03:20P
PG&E Pledges to Honor Renewable Contracts in Bankruptcy Plan
Pacific Gas & Electric submitted a bankruptcy reorganization plan Monday that would pledge up to $18 billion to wildfire victims and allow the California utility to ...
Updated: 09/09/2019 08:05P