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Justice Department Objects to Keeping Dispute Involving Ex-Bankruptcy Judge in Former Colleagues’ Hands

The Justice Department is objecting to a Texas bankruptcy judge’s recommendation that his court maintain control of a case challenging fees a former fellow judge approved to a law firm while he was

Crypto Lender Celsius to Unstake $470 Million in Ether Ahead of Repayments

Embattled crypto lending platform Celsius has confirmed it has started recalling and rebalancing its crypto assets, including Ether, as it prepares for “timely distributions to creditors,”

$52 Million Missing in Involuntary Bankruptcy Case of Commercial Lender

The $52 million question in Prime Capital Ventures’ bankruptcy case surrounds what happened to the money it invested in a hedge fund, The Real Deal reported. The dilemma is unfolding as Prime deals

China Builder Xinyuan’s U.S. Unit Files for Chapter 11 Protection

A subsidiary of Chinese developer Xinyuan Real Estate Co Ltd. has filed for chapter 11 protection in the Southern district of New York court, according to a court filing, Bloomberg News reported

Offices Around America Hit a New Vacancy Record

America’s offices are emptier than at any point in at least four decades, reflecting years of overbuilding and shifting work habits that were accelerated by the pandemic, the Wall Street Journal

NY Fed Says Global Supply Chain Pressures Eased in December

Supply chain pressures cooled down last month, the Federal Reserve Bank of New York said on Friday, but it's possible the benign reading may be the calm before some turbulence arrives, Reuters

Analysis: How the 2023 Bank Crisis Can Still Be Felt in 2024

The Federal Reserve may be poised to loosen the reins on the economy with interest-rate cuts. But for now, banks are still keeping themselves on a relatively tight leash, according to a Wall Street

Volunteer Today to Become a Preliminary-Round Judge for the Duberstein National Bankruptcy Moot Court Competition!

The Duberstein National Bankruptcy Moot Court Competition will be held in New York March 2-4. Now in its 32nd year, the competition is a result of the long-standing partnership between the American

COVID-19 Treatment Developer Humanigen Files for Bankruptcy

Pharmaceutical developer Humanigen has filed for bankruptcy, attributing its financial problems largely to the U.S. Food and Drug Administration’s rejection of its COVID-19 drug in 2021, WSJ Pro

Commentary: A Potential Fix for Mass Tort Bankruptcies*

Mass tort exposure has created a proliferation of bankruptcies, affecting organizations from Johnson & Johnson (talcum powder) to the Boy Scouts (sexual abuse), according to a Wall Street Journal