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Hedge Funds Seek to Cut Off $1 Billion Meant for Opioid Victims

A group of hedge funds is devising a plan to cut off about $1 billion meant to help victims of opioid addiction, opening the way to keep some of the money for themselves, the Wall Street Journal

Authentic Brands Group Acquires Rockport Out of Bankruptcy

Authentic Brands Group said yesterday that it’s received bankruptcy court approval to buy footwear brand Rockport, which filed for chapter 11 in June, RetailDive.com reported. The financial terms of

Trucker Yellow Prepares to File for Bankruptcy as Customers Flee

Trucking company Yellow is preparing to file for bankruptcy, according to people familiar with the matter, heightening the threat that one of the nation’s largest freight carriers will shut down as

Analysis: Healthcare PE Deal Activity Lags Other Sectors

Healthcare private equity deal activity continues to lag other sectors, defying narratives of the industry's counter cyclicality, according to a July 23 report from capital market company PitchBook

Former Delmonico’s Operator Goes Bankrupt Amid Feud Over Brand

The former operator of Delmonico’s in New York, yesteryear scene of Wall Street deals brokered over wedge salads and buttery steaks, has filed bankruptcy amid an ownership fight with its landlord over

Former Delmonico’s Operator Goes Bankrupt Amid Feud Over Brand

The former operator of Delmonico’s in New York, yesteryear scene of Wall Street deals brokered over wedge salads and buttery steaks, has filed bankruptcy amid an ownership fight with its landlord over

SEC Adopts New Cyber Rule, Unveils Brokerage AI Proposal

Wall Street's top regulator on Wednesday adopted new rules requiring publicly traded companies to disclose hacking incidents, a measure officials said was to help the investing public contend with the

All Saints Catholic Church in Buffalo Will Be Listed for Sale, But Remain Open

All Saints Catholic Church, the only Catholic church in Buffalo’s Riverside section, will be put up for sale — likely this fall — as part of a plan to market a large school building, parish hall and

U.S. Regulators to Unveil Plan for Banks to Build Cash Reserves

U.S. regulators are set to propose a rule that could significantly raise capital requirements for larger banks, forcing them to cut costs and retain earnings in an effort to cushion against potential

Analysis: Big Bankruptcies Rise at Faster Pace This Year

Large companies in the U.S. have sought bankruptcy protection at a faster pace this year, as they struggle to meet rising costs and shifts in consumer spending, WSJ Pro Bankruptcy reported. Chapter 11