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Bayer Weighs ‘Texas Two-Step’ Bankruptcy Filing Over Roundup

Bayer AG is weighing whether to use a controversial legal maneuver known as the Texas Two-Step to try to resolve tens of thousands of U.S. lawsuits claiming its Roundup weedkiller causes cancer

Genesis, Gemini Must Face SEC Suit over Crypto ‘Earn’ Program

The Securities and Exchange Commission can proceed with its suit accusing Gemini Trust Co. and bankrupt cryptocurrency lender Genesis Global Capital of illegally offering unregistered securities

Wood-Pellet Maker Enviva Files for Bankruptcy

Enviva, the largest U.S. wood-pellet exporter, filed for bankruptcy Tuesday after a bad bet on future prices of the commodity triggered nine-figure losses, WSJ Pro Bankruptcy reported. The Bethesda

Electric-Vehicle Startup Fisker Prepares for Possible Bankruptcy Filing

Electric-vehicle startup Fisker has hired restructuring advisers to assist with a possible bankruptcy filing, the Wall Street Journal reported. Fisker, which recently warned that it risked running out

CFPB Says Trade Groups Judge-Shopped for Credit Fee Lawsuit

The U.S. Consumer Financial Protection Bureau (CFPB) said business and banking groups, including the Chamber of Commerce, engaged in "forum-shopping" when they sued in Fort Worth, Texas, to block a

Hedge Fund Founder Backed by Byju’s Says He Fled U.S. Out of Fear

A hedge fund founder at the center of a $1.2 billion legal battle between Indian education-technology company Byju’s and its lenders is staying outside the U.S. despite a court order to return, saying

Yellen Says Flattening Rents to Provide More U.S. Inflation Relief

Treasury Secretary Janet Yellen said she expects that a moderation in the rise of housing costs will help deliver lower inflation in 2024, Bloomberg News reported. Shelter costs carry the biggest

Small-Business Bankruptcies Surge Ahead of Potential Law Change

More small businesses filed for bankruptcy in February as some rushed to take advantage of a favorable provision in the law that is set to expire soon. Last month, as many as 213 small businesses

U.S. Judicial Conference Acts to Promote Random Case Assignment

The Judicial Conference of the United States yesterday strengthened the policy governing random case assignment, limiting the ability of litigants to effectively choose judges in certain cases by

After SVB’s Failure, Its Attempted Rescuer Charged $285 Million in Fees

U.S. banking regulators confronted an unusually large penalty when they seized Silicon Valley Bank last year: $285 million in fees to prematurely wind down emergency financing from the Federal Home