Newsroom Headlines

OxyContin maker Purdue Pharma may proceed with a bankruptcy settlement that protects its Sackler family owners from lawsuits, despite a potential U.S. Supreme Court appeal in the case, a U.S. court

Two more insurance companies have agreed to sign on to a deal that will bring sexual abuse victims’ potential payout in the Roman Catholic Diocese of Rochester’s long-running chapter 11 bankruptcy to

The Education Department and the Colorado attorney general on Tuesday announced $130 million in automatic debt discharge for 7,400 Colorado student loan borrowers who attended CollegeAmerica

Humanigen is running out of options as talks over a reverse merger have collapsed and, with efforts to find another deal or raise funding failing, the biotech is considering filing for bankruptcy in

Banc of California is in advanced talks to buy PacWest Bancorp, in a move by the lenders to further shore themselves up following a regional-banking crisis earlier this year, the Wall Street Journal

Less than a month after laying off all of its workers, Anderson-based battery manufacturer EnerDel Inc. is declaring bankruptcy, the Indianapolis Business Journal reported. The company filed for

A management firm overseeing the development of a 320-acre youth sports complex in Arizona ended up overspending and shifting some money intended for construction into its own account, according to a

Party City Holdco Inc. is retaining documents and data in connection with a Securities and Exchange Commission probe, according to bankruptcy court papers, Bloomberg News reported. The regulator sent

AppHarvest said that it is pursuing a financial and operational transition, using chapter 11 bankruptcy, that would allow the company to reduce its outstanding liabilities, WSJ Pro Bankruptcy reported

Foxo Technologies, a Minneapolis-based biotech startup, is facing the prospect of bankruptcy if it cannot quickly secure new financing, the Minneapolis Star Tribune reported. Without the financing,