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The Roman Catholic Diocese of Rochester, N.Y., last week filed an amended reorganization plan in its chapter 11 bankruptcy, which is inching toward a final settlement with hundreds of survivors of

A federal judge yesterday rejected Bill Hwang's bid to dismiss a U.S. Securities and Exchange Commission lawsuit accusing him of fraud that led to the March 2021 collapse of his $36 billion firm

U.S. authorities are seeking evidence from Credit Suisse to assess whether the bank misled investors about its financial health as it teetered towards a state-backed rescue by UBS six months ago

American Dream, the megamall in New Jersey’s Meadowlands, has seen its losses increase fourfold in one year, according to a draft securities filing, Bloomberg News reported. The 3.5-million-square

Fund managers keen to restart the lucrative collateralized loan obligation-making (CLO) machine are having to stretch the bounds of what counts as collateral behind these deals, Bloomberg News

The Senate Judiciary Committee will be holding a hearing today at 10 a.m. EDT titled "Evading Accountability: Corporate Manipulation of Chapter 11 Bankruptcy." Witnesses include Prof. Melissa B

When investors took over prison healthcare provider Corizon in December 2021, it was on the brink of a bankruptcy filing to weather the loss of key contracts, hundreds of prisoner lawsuits and

Bankrupt drugmaker Mallinckrodt is in talks with major investors about selling some or all of its business units, which could lead to its exit from the opioid business, according to a WSJ Pro

For months, John Jay Ray III, the corporate turnaround expert who was appointed to oversee the bankruptcy of the FTX crypto exchange, has attacked the company’s founder, Sam Bankman-Fried, accusing

A federal bankruptcy court hearing on Endo International's proposal to sell the pharmaceutical company to its senior lenders, which are owed nearly $6 billion, will not be held until October, the