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Yellow Says It Will Repay Federal Debt. Legal Experts Are Skeptical.

Yellow, a trucking company that filed for bankruptcy protection last Sunday, told a judge this week that it would fully repay the $729 million it owed the federal government by selling warehouses

Analysis: State and Local Governments Debate Whether Opioid Settlement Money Should Be Spent on Law Enforcement

After years of litigation to hold the pharmaceutical industry accountable for the deadly abuse of prescription painkillers, payments from what could amount to more than $50 billion in court

Commentary: Opioids Expose Unhealthy Bankruptcy Addictions*

Two big opioid cases suggest the U.S. bankruptcy process is unjustly providing relief for some while inflicting pain unnecessarily on others, according to a Reuters commentary. The first involves

Owner of Local Sports Channels Wants Bankruptcy Exit Plan Set Before NHL, NBA Seasons

Diamond Sports Group, the bankrupt owner of local sports channels, is racing to formulate a chapter 11 exit plan before professional basketball and hockey resumes so it can reassure the leagues, teams

AMC’s Revised Stock Conversion Plan Approved by Court

AMC Entertainment Holdings Inc. won court approval of a stock conversion plan that had spurred a shareholder lawsuit and cast a cloud over the movie theater chain’s efforts to secure new financing

Big Banks Are Supposed to Fail Without Causing Panics. Is That Even Possible?

Global regulators spent more than a decade trying to ensure that a large bank could fail without any government support. Despite this year’s bank failures, they are still working on it, the Wall

Bankrupt Cyxtera Draws Interest From Brookfield, Digital Realty

Cyxtera Technologies Inc., the bankrupt data-center operator, has drawn interest for its assets from multiple parties including Brookfield Infrastructure Partners and Digital Realty Trust Inc

Wisconsin DOJ Asks for Sealed Documents from Milwaukee Archdiocese in Sex Abuse Investigation

Wisconsin's Department of Justice is asking to see sealed records from the Milwaukee branch of the Catholic Church as part of the attorney general's investigation into sexual abuse by faith leaders

Judge OKs Bidding Procedures, Sale Deadline for Lordstown Motors

By Oct. 5, the public should know whether Lordstown Motors Corp. has a new owner. U.S. Bankruptcy Judge Mary F. Walrath on Aug. 8 approved a timetable of bidding and auction procedures related to the

Judge Revokes Bail for FTX Founder Sam Bankman-Fried

Manhattan federal district court Judge Lewis Kaplan revoked the bail of FTX founder Sam Bankman-Fried just months before his scheduled trial, a decision that placed the former crypto exchange