reorganization plan News

Judge Urges Talks Between Purdue Pharma and Holdout States

A federal bankruptcy judge on Friday urged states that oppose a settlement plan with Purdue Pharma to try to work out differences with the OxyContin maker before he issues a ruling next week. During a videoconference hearing, Judge Robert Drain …

Judge Clears Boy Scouts’ $850M Sex Abuse Settlement Plan With Conditions

The Boy Scouts of America has received a green light from a judge to proceed with its $850 million reorganization plan to exit bankruptcy and settle more than 80,000 claims brought by victims of sexual abuse. The ruling by U.S. …

Boy Scouts Lawyers Eye New Bankruptcy Reorganization Plan

DOVER, Del. (AP) — Attorneys for the Boy Scouts of America told a Delaware bankruptcy judge Monday that they plan to file a new reorganization plan after gaining little support for a previous proposal that has been roundly criticized by …

Boy Scouts Victims Committee Says Claims Worth $103 Billion

DOVER, Del. (AP) — The official committee representing child sex abuse victims in the Boy Scouts of America bankruptcy is asking a judge for permission to file its own reorganization plan, saying the plan proposed by the BSA falls woefully …

Boy Scouts Submit Reorganization Plan to Bankruptcy Court

DOVER, Del. (AP) — The Boy Scouts of America submitted a bankruptcy reorganization plan Monday that envisions continued operations of its local troops and national adventure camps but leaves many unanswered questions about how it will resolve tens of thousands …

Attorneys Challenge Weinstein Co. Bankruptcy Plan Approval

DOVER, Del. (AP) — Four women who have accused disgraced film mogul Harvey Weinstein of sexual misconduct are appealing a Delaware judge’s approval of the Weinstein Co.’s bankruptcy plan. Attorneys filed the appeal in U.S. District Court in Delaware on …

PG&E Says Bankruptcy Court Approves its Chapter 11 Reorganization Plan

PG&E Corp said its Chapter 11 reorganization plan has been confirmed by the United States Bankruptcy Court for the Northern District of California, bringing the power provider one step closer to emerging from bankruptcy and participate in a state-backed wildfire …

California Regulator Approves PG&E’s Chapter 11 Reorganization Plan

PG&E Corp said on Thursday its Chapter 11 reorganization plan has been confirmed by a California power regulator, bringing the power provider one step closer to emerge from bankruptcy and participate in a state-backed wildfire fund. The decision by the …

PG&E Judge Rejects Bid to Throw Out Victims’ Bankruptcy Vote

The judge overseeing PG&E Corp.’s bankruptcy rejected an effort by dissident fire victims to upend voting on the California utility’s reorganization plan. Judge Dennis Montali said during a hearing Friday that he planned to deny a motion asking to throw …

Judge Refuses to Approve Fire Victims Letter Attacking PG&E

BERKELEY, Calif. — A federal judge has refused to put his stamp of approval on a letter to Northern California wildfire victims from attorneys who allege that Pacific Gas & Electric may be breaking its promises as it tries to …