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Crypto Depositors Spar With Lawyers in Celsius Bankruptcy

Small-time crypto traders who invested with Celsius Network have been going toe-to-toe with legal and financial heavyweights — and notching some unlikely victories — as the company works to wrap up

Commentary: 2nd Circuit Affirms Bankruptcy Court Decision Finding Actual Fraudulent Transfer and Breach of Fiduciary Duty in TransCare Case

The U.S. Court of Appeals for the Second Circuit decided In re TransCare Corp., No. 21-2547; 21-2576, affirming rulings from the United States District and Bankruptcy Courts for the Southern District

Miami Aviation Companies File Chapter 11 with over $800 Million in Debts

Miami-based AeroTech Miami, which has a major repair, maintenance and overhaul facility called iAero Tech at Miami International Airport, and iAero Airways, with an expansive charter airline operation

Furniture-Maker Noble House Falls into Bankruptcy, Owes Overseas Suppliers Millions

Noble House Home Furnishings joined the ranks of furniture suppliers to file for bankruptcy last week, with the company blaming cost inflation and past supply chain disruptions, among other challenges

How U.S. Households Got Turned Upside Down by Higher Interest Rates

A new reality has finally started to set in across American households: Higher interest rates are here to stay, according to a Wall Street Journal analysis. The economy has held up relatively well

Detroit Three Automakers Enter Final Hours to Avoid Wider UAW Strike

The Detroit Three automakers and the union representing the companies' U.S. hourly workers on Friday entered the final hours to reach new labor agreements before the current coordinated strike expands

Flood-Insurance Program Faces a Backlash—and a Deadline

A federal program that provides critical flood insurance is set to lapse unless renewed by the end of the month, potentially stranding new home buyers in need of coverage, the Wall Street Journal

Analysis: Texas Two-Step Bankruptcies Carry On Despite Setbacks

A legal tactic called the Texas Two-Step for businesses to manage mass lawsuits continues to work its way through the courts despite some recent setbacks and criticism from lawmakers, WSJ Pro

Stanford Says It Will Return All Gifts from FTX Following Suit Against Sam Bankman-Fried's Parents

Following a lawsuit against FTX Trading founder Sam Bankman-Fried's parents alleging that Stanford University received millions of dollars in donations from the now-collapsed cryptocurrency exchange

Former University of Phoenix Students Get $37 Million in Loans Discharged

The federal government is discharging $37 million in student loans for over 1,200 former students who attended the University of Phoenix, YahooFinance.com reported. The action applies to borrowers who