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Tasha K Files For Bankruptcy Following Court-Ordered $4M Payout To Cardi B

It’s been over a year since blogger Tasha K lost to Cardi B in a legal battle over defamation. The gossip blogger has now filed for bankruptcy after claiming that she has less than $60,000 in total

Second Circuit Reverses, Reinstates Purdue’s Nondebtor, Third-Party Releases

Reversing the district court, the Second Circuit reinstated the bankruptcy court’s confirmation of the chapter 11 plan of Purdue Pharma LP and its inclusion of nonconsensual releases of creditors’

J&J’s $8.9 Billion Talc Deal Faces Key Test in Oakland Trial

Johnson & Johnson’s first jury trial in nearly two years over allegations that its talc-based baby powder causes cancer could influence plaintiffs weighing the $8.9 billion settlement offer put forth

Diebold Nixdorf to Seek Chapter 11 Protection

Diebold Nixdorf plants to file for chapter 11 bankruptcy protection after reaching an agreement with key financial stakeholders to restructure its debt, the Hudson company said yesterday, according to

Makers of COVID-19 Treatments Hit by Falling Demand

Allied Healthcare Products, a respiratory medical-devices maker, spent hundreds of thousands of dollars in 2020 expanding its product line to meet what it believed would be a surge in demand for

Diamond Sports Balks at Padres Payment, Won’t Air Team’s Games

Diamond Sports Group lost the rights to televise San Diego Padres baseball games after its local cable TV channel failed to make a required payment to the MLB team, Bloomberg News reported. In a

Former Coinbase Manager, Brother to Settle SEC Insider Trading Charges

A former product manager for Coinbase Global Inc. and his brother agreed to settle U.S. Securities and Exchange Commission (SEC) charges related to insider trading of crypto asset securities, the

Noncompete Agreements Violate US Labor Law, Official Says

A U.S. labor board official on Tuesday said requiring workers to sign agreements not to join competing companies is usually illegal, the latest bid by government regulators to rein in the practice

AI Poses ‘Risk of Extinction’ on Par with Nukes, Tech Leaders Say

Hundreds of artificial intelligence scientists and tech executives signed a one-sentence letter that succinctly warns AI poses an existential threat to humanity, the latest example of a growing chorus

ABI Mourns the Passing of William A. Brandt, Founder of Development Specialists, Inc.

ABI mourns the passing of William A. Brandt, founder of Development Specialists, Inc. (Chicago), on May 28 from Amyotrophic Lateral Sclerosis (ALS). An ABI member since 1987, Brandt served on ABI’s