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Catholic Diocese of Sacramento Sets Date for Planned Bankruptcy Protection Filing

The Roman Catholic Diocese of Sacramento, which announced in December that it planned to file for bankruptcy protection because of a crush of sexual abuse lawsuits, will file with the bankruptcy court

Genesis to Face Off Against Parent in Final Showdown Over Digital-Asset Disputes

Genesis Global is facing off against its parent company in bankruptcy court on Monday, aiming to resolve more than a year of disputes over who reaps the benefits of the surging bitcoin price, WSJ Pro

Creditors Demand Rudy Giuliani Sell His $3.5 Million Florida Condo to Pay Debts

Creditors want to force Rudy Giuliani to sell his $3.5 million Florida condo to help pay his significant debts, according to a court document filed on Friday, CNBC.com reported. The former New York

Analysis: American Debt Stings Like Never Before in New Era for Households

After years of managing household budgets through the stress of the worst inflation in a generation, U.S. families are increasingly pressured by a different kind of financial squeeze: The cost of

Miami Beach Sushi Restaurant Files Bankruptcy

Sushi Garage, LLC, a Japanese restaurant in Miami Beach aims to reorganize its business through chapter 11 bankruptcy, the South Florida Business Journal reported. The sushi restaurant, which is a

Charlotte Homebuilder Files for Bankruptcy

A Charlotte-based construction company has filed for liquidation as it faces $11.4 million in total liabilities, the Charlotte Business Journal reported. Arbor Construction LLC last week filed for

Realtor Group Strikes $418 Million Deal to End Suits Over Commissions

The National Association of Realtors agreed to settle litigation over commission rules for U.S. real estate agents, clearing the way for possible changes in how Americans buy and sell homes, Bloomberg

Student Housing Pioneer Faces Angry Investors, Irate Judges and a $115 Million Bill

Patrick S. Nelson built his student housing property management company by raising money from big lenders and hundreds of wealthy individuals. But his business has soured in recent years, and Mr

New Jersey Catholic Diocese's $87.5 Million Abuse Settlement Approved

Bankruptcy Judge Jerrold Poslusny yesterday approved the Diocese of Camden's chapter 11 bankruptcy plan, allowing the New Jersey diocese to move ahead with a $87.5 million settlement of sex abuse

Diocese of Buffalo Announces Sale of Headquarters to Pay Sex Abuse Victims

The Diocese of Buffalo in New York has announced the sale of its headquarters in downtown Buffalo nearly four years after it declared bankruptcy amid hundreds of sexual abuse lawsuits filed against it