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Poor Box Office Results Send 100-Year-Old Theater Chain Into Bankruptcy

The shrinking North American box office has forced a 100-year-old movie theater operator into bankruptcy, Bloomberg News reported. Metropolitan Theatres Corp. — a family-owned business operating 16

Analysis: Payouts Vary by Region for Boy Scout Sexual Abuse Victims

As a Boy Scout victim from Alabama, Gill Gayle is likely to get around $15,000 from a settlement fund compensating child sexual abuse victims, according to estimates. But if he had been abused in New

Byju’s Missing $533 Million Stuck in Unnamed Offshore Trust

A small Florida hedge fund that allegedly helped Indian tech firm Think & Learn Pvt hide $533 million must reveal where the money is located or face possible sanctions from a federal judge on Monday

NYSE Suspends Polished.com Shares in Light of Bankruptcy Plan

The NYSE American exchange has and intends to delist shares of Polished.com after the company said it plans to file for bankruptcy, MarketWatch.com reported. The New York Stock Exchange's regulatory

U.S. Trustee: Law Firm Was Urged to Disclose Partner's Romance with Texas Judge

Texas law firm Jackson Walker was urged nearly two years ago to disclose that one of its partners was in a romantic relationship with a federal judge who oversaw many of the firm's cases, the U.S

EV Startup Fisker Raises Going Concern Warning After Troubled Debut

Electric-vehicle startup Fisker issued a going concern warning Thursday and said it would lay off 15% of its staff, following a series of stumbles in its first year of production, the Wall Street

NYCB Looks to the Leader of a Bank It Bought for a Turnaround

Fifteen months after a deal that was supposed to be the capstone of his successful run at Flagstar Bancorp Inc., Alessandro DiNello now finds himself thrust back into the top job and grappling with

NerdWallet Says It Did Not File for Bankruptcy, Cites Fraudulent Filing

NerdWallet Inc. said on Saturday that it did not file for bankruptcy, saying that a fraudulent filing appeared on an electronic public access service for U.S. federal court documents, Reuters reported

ABI Mourns the Passing of Robert M. Zinman

Robert M. Zinman, devoted son, husband, father, grandfather and beloved retired professor of law at St. John’s University Law School, has passed away at the age of 92. He leaves behind his wife Marion

Endo Reaches Settlement With U.S. Government Over Marketing, Sale of Opioids

Endo International settled federal civil and criminal charges over the company’s marketing and sale of opioids, agreeing to pay up to $465 million over several years, WSJ Pro Bankruptcy reported. The