/tags/bankruptcy bankruptcy en-US WLRN Mon, 28 Nov 2022 20:25:40 GMT /news/2022-11-28/crypto-company-blockfi-declares-bankruptcy-in-the-first-big-aftershock-of-ftxs-fall BlockFi was one of the companies that FTX bailed out in recent months. Now it's a clear sign that contagion from FTX's collapse is spreading throughout the crypto industry. Mon, 28 Nov 2022 20:25:40 GMT /news/2022-11-28/crypto-company-blockfi-declares-bankruptcy-in-the-first-big-aftershock-of-ftxs-fall David Gura /news/2022-07-11/sri-lanka-is-in-a-political-vacuum-as-angry-protesters-occupy-leaders-homes Opposition leaders have yet to agree on who should replace its current leaders, while protesters who are angry over acute shortages of fuel, food, medicine and other necessities vow to stay put. Mon, 11 Jul 2022 15:30:00 GMT /news/2022-07-11/sri-lanka-is-in-a-political-vacuum-as-angry-protesters-occupy-leaders-homes The Associated Press /2022-04-18/infowars-files-for-bankruptcy-in-the-face-of-lawsuits-over-sandy-hook-shooting-denial Founder Alex Jones, who's repeatedly called the 2012 shooting at a Connecticut elementary school a hoax, has been sued several times by the victims' families for defamation and emotional distress. Mon, 18 Apr 2022 15:13:16 GMT /2022-04-18/infowars-files-for-bankruptcy-in-the-face-of-lawsuits-over-sandy-hook-shooting-denial Joe Hernandez /news/npr-breaking-news/2022-04-02/rich-companies-are-using-a-quiet-tactic-to-block-lawsuits-bankruptcy Companies that aren't bankrupt are using controversial maneuvers in U.S. bankruptcy court to block tens of thousands of suits. A woman suing Johnson & Johnson died while her case was in legal limbo. Mon, 04 Apr 2022 17:03:03 GMT /news/npr-breaking-news/2022-04-02/rich-companies-are-using-a-quiet-tactic-to-block-lawsuits-bankruptcy Brian Mann /2021-10-25/teslas-market-value-hits-1-trillion-after-hertz-agrees-to-buy-100-000-of-its-cars Tesla shares surged after Hertz announced a deal to buy Model 3s for rental at airports across the world. Analysts say it could boost sales of electric vehicles. Mon, 25 Oct 2021 15:11:00 GMT /2021-10-25/teslas-market-value-hits-1-trillion-after-hertz-agrees-to-buy-100-000-of-its-cars Camila Domonoske /2021-10-20/from-bankruptcy-to-ipo-in-a-year-its-a-tune-guitar-center-might-play Mattress Firm, Claire's, Guitar Center are bankruptcy survivors going from a year of shuttered stores to planning a new life as publicly traded companies. Wed, 20 Oct 2021 20:08:00 GMT /2021-10-20/from-bankruptcy-to-ipo-in-a-year-its-a-tune-guitar-center-might-play Alina Selyukh /2021-10-13/federal-judge-rejects-a-government-bid-to-delay-purdue-pharmas-bankruptcy-settlement Judge Colleen McMahon was expected to halt work on the controversial settlement that would give immunity from opioid lawsuits to the Sackler family. Instead she allowed work on the plan to go ahead. Thu, 14 Oct 2021 12:35:20 GMT /2021-10-13/federal-judge-rejects-a-government-bid-to-delay-purdue-pharmas-bankruptcy-settlement Brian Mann /news/2021-03-16/purdue-pharma-offers-restructuring-plan-sackler-family-would-give-up-ownership Under a bankruptcy plan filed late Monday, the OxyContin maker would pay $500 million up front, promising billions in future payments. Twenty-four states rejected the proposal. Tue, 16 Mar 2021 05:06:00 GMT /news/2021-03-16/purdue-pharma-offers-restructuring-plan-sackler-family-would-give-up-ownership Brian Mann /news/2021-03-01/texas-energy-co-op-files-for-bankruptcy-after-storm-high-bill Brazos Electric Power Cooperative cites a massive bill from the Electric Reliability Council of Texas as the reason for the bankruptcy filing. Mon, 01 Mar 2021 16:31:23 GMT /news/2021-03-01/texas-energy-co-op-files-for-bankruptcy-after-storm-high-bill Jaclyn Diaz /2020-02-18/boy-scouts-of-america-files-for-bankruptcy-as-it-faces-hundreds-of-sex-abuse-claims The Boy Scouts of America has $1.4 billion in assets. The organization says it will use the Chapter 11 process to create a trust to provide compensation for victims. Tue, 18 Feb 2020 06:08:00 GMT /2020-02-18/boy-scouts-of-america-files-for-bankruptcy-as-it-faces-hundreds-of-sex-abuse-claims Laurel Wamsley, Wade Goodwyn