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RDW Analysis of Supreme Court Argument: Can Real Estate Tax Foreclosure Violate the Takings Clause?

To resolve a split of circuits, the Supreme Court heard oral argument in Tyler v. Hennepin County to decide whether a real estate tax foreclosure violates the Takings Clause of the Fifth Amendment

U.S. Companies in Distress Increasingly Turn to Debt Exchanges to Dodge Bankruptcy

Distressed U.S. companies are increasingly resorting to debt restructurings to avoid expensive bankruptcy proceedings, but many borrowers ultimately end up in court anyway — with their deals amounting

U.S. Officials Lead Urgent Rescue Talks for First Republic

U.S. officials are coordinating urgent talks to rescue First Republic Bank as private-sector efforts led by the bank's advisers have yet to reach a deal, Reuters reported. The Federal Deposit

Berkshire-Owned Talc Supplier Follows Other Defendants into Bankruptcy

A defunct talc supplier owned by Berkshire Hathaway Inc. has filed for bankruptcy, adding to the pileup of cosmetic talc businesses entering chapter 11 to weather mass lawsuits alleging that once

David’s Bridal Bets Strong Reputation with Brides Will Save Retailer

David’s Bridal LLC’s chief executive officer is betting the retailer’s reputation with brides will help it find a rescuer in bankruptcy, even in an era of backyard weddings and scaled-down events

Senate Banking Chair Grills Credit Reporting Agency CEOs on Medical Debt at Hearing

Arguing that medical debt “has nothing to do with your ability to pay your bills,” Senate Banking Committee Chair Sherrod Brown (D-Ohio) yesterday urged the CEOs of the nation’s three major credit

Coinbase Armed for Legal Clash over How Crypto Is Regulated

Coinbase Global Inc. said yesterday that it would fight the Securities and Exchange Commission over the agency’s claim that much of its business is illegal and try to convince a court that Wall Street

Regulators to Publish Postmortems on Silicon Valley Bank, Signature Failures

Washington regulators plan to release postmortems of their oversight of Silicon Valley Bank and Signature Bank before they abruptly collapsed last month, potentially highlighting missteps by both

SVB Financial Group Stuck in Bankruptcy Stalemate With FDIC

SVB Financial Group, the former parent company of failed Silicon Valley Bank, is burning through cash while it struggles to gain access to records it says are necessary to move forward in bankruptcy

First Republic Faces Potential Curb on Borrowing from Fed

U.S. bank regulators are weighing the prospect of downgrading their private assessments of First Republic Bank — a move that may curb the troubled firm’s access to Federal Reserve lending facilities