PG&E Is Already Starting Fires Again, Just Weeks Into the Season June 28, 2019 By Mark Chediak Just a few weeks into California’s dry summer season, fires linked to Pacific Gas & Electric Corp. have already started...
Opioid Manufacturer Insys Files for Bankruptcy after Kickback Probe June 10, 2019 Drugmaker Insys Therapeutics Inc filed for bankruptcy protection on Monday amid mounting expenses driven by a U.S. Justice Department probe...
PG&E’s Power Suppliers Lose Contract Fight in Bankruptcy Court June 10, 2019 By Mark Chediak The power generators that supply bankrupt utility giant PG&E Corp. were dealt a major blow as a judge ruled that...
Bernard Madoff’s Wife Ruth Settles with Court-Appointed Trustee May 7, 2019 By Jonathan Stempel NEW YORK — Ruth Madoff, the wife of imprisoned swindler Bernard Madoff, agreed to pay $594,000 and surrender her remaining...
PG&E Gets Approval to Pay Employees $350 Million to Meet Safety Goals After Wildfires April 24, 2019 By Jim Christie SAN FRANCISCO — PG&E Corp can pay employees up to $350 million in bonuses this year to spur them to...
Judge Orders PG&E to Hold Dividends to Pay for Efforts to Reduce Wildfire Risks April 3, 2019 By Jim Christie SAN FRANCISCO (Reuters) – A U.S. judge said on Tuesday that PG&E Corp cannot resume dividends and must use the...
New York Lawsuit Seeks Sackler Family Investments Abroad April 2, 2019 A New York state lawsuit is renewing longstanding questions about where some members of the billionaire Sackler family have invested...
Detroit Bond Insurer to Judge: Debt Plan Causes ‘Serious Mayhem’ September 5, 2014 Detroit’s proposal to exit its record municipal bankruptcy by paying retirees more than bond investors will cause “serious mayhem,” an...
Delaware Judge Orders Insurers to Pay in Diocese Bankruptcy September 12, 2011 By RANDALL CHASE A Delaware bankruptcy judge on Friday ordered insurance companies to pay their share of a settlement with priest sex abuse...
Insurers in Delaware Diocese Bankruptcy Balk at $15M Payout September 8, 2011 By RANDALL CHASE A dispute over insurance payments is threatening to blow up the Catholic Diocese of Wilmington’s bankruptcy reorganization plan. Under the...