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NanoString Technologies Secures $47.5 Million in Bankruptcy Financing

Seattle-based research device company NanoString Technologies Inc. has secured $47.5 million in debtor-in-possession financing following its Feb. 4 announcement that it has filed for chapter 11

San Antonio Pharmacy Seeks Bankruptcy to Fight Bexar Opioid Lawsuit

About a year and half ago, a small San Antonio pharmacy found itself in Bexar County’s crosshairs, targeted because of the huge amount of pain pills it dispensed. A lawyer for the county dubbed it a

NYCB Rallies as CEO, Board Buy Shares After $4 Billion Rout

New York Community Bancorp soared on Friday after its chief executive officer and other insiders bought more than 200,000 shares of the stock, which has lost about half its value since last week’s

Office Buildings Remain Half Empty But Some Analysts Think U.S. Cities Can Shrug It Off

Four years after COVID-19 filled hospital emergency rooms, closed schools and emptied out cities, U.S. offices remain about half vacant, Bloomberg News reported. Office occupancy in 10 of the largest

SEC Hits More Wall Street Firms with Fines over Record-Keeping

A new group of Wall Street firms has agreed to pay more than $81 million in civil penalties to settle U.S. Securities and Exchange Commission charges of record-keeping failures, the regulator said on

Some Boy Scouts Victims Turn to Supreme Court, Seeking Bankruptcy Plan Suspension

Lawyers representing a group of sex-abuse victims with claims against the Boy Scouts of America are asking the U.S. Supreme Court to pause payments to survivors from a $2.4 billion settlement fund

Genesis Wins Dispute With Gemini Over Ownership of Grayscale Bitcoin Trust Shares

Genesis Global on Wednesday won a court ruling confirming its ownership of 31.2 million shares of Grayscale Bitcoin Trust, a windfall for the bankrupt cryptocurrency lender’s creditors, WSJ Pro

New Jersey Bankruptcy Court Will Not Limit Large Cases to Just a Few Judges

The U.S. Bankruptcy Court in New Jersey, an emerging hot spot for companies filing large chapter 11 cases such as Rite Aid and WeWork, said yesterday that it will continue to randomly assign cases

Spirit Airlines Taps Advisers to Address Debt Maturities

Spirit Airlines is working with advisers to address its debt maturities after a proposed acquisition by JetBlue Airways was blocked last month, WSJ Pro Bankruptcy reported. The regional airline has

SEC, CFTC Jointly Approve New Private Fund Reporting Rules

Two top U.S. markets regulators on Thursday jointly approved new reporting requirements for private funds and investment advisers, saying this would boost the government's ability to spot the build-up