Rudolph Giuliani should be forced by a court to file overdue financial disclosures as part of his bankruptcy, his creditors said.
A surge in Texas power prices for August suggests another summer of heavy electricity demand — and potential grid strain — to meet air-conditioning needs.
Bondholders of struggling <-bsp-bb-link state="{"bbHref":"bbg://securities/56938Z%20US%20Equity","_id":"0000018f-29cd-d583-afbf-ebdd43ba0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Dish Network Corp. sued the satellite-TV provider, demanding it unwind transfers that they said put valuable assets out of the hands of creditors and violated lending terms.
<-rte-company state="{"_id":"0000018f-1b31-d583-afbf-dbfd4d9f0002","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Casa Systems Inc., which makes software and other products for cable television companies, won court approval to sell its cloud-based unit for $32.3 million to <-bsp-bb-link state="{"bbHref":"bbg://securities/2443736D%20US%20Equity","_id":"0000018f-1b31-d583-afbf-dbfd4d9f0003","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Lumine Group US Holdco Inc. in order to fund the rest of its bankruptcy case.
Kirkland & Ellis LLP said it doesn’t have a conflict of interest that would prevent it from representing genetic testing company Invitae Corp. in the company’s Chapter 11 case—pushing back against objections from the US Trustee and creditors.
<-bsp-bb-link state="{"bbHref":"bbg://securities/XAU%20BGN%20Curncy/HCPI","_id":"0000018f-2cab-d4b6-a98f-fdbfa8be0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Gold was on track for a third straight month of gains due to strong central bank and haven demand, as the focus turned to this week’s Federal Reserve rate-decision meeting at which policymakers are expected to strike a hawkish tone.
Banks including
<-bsp-bb-link state="{"bbHref":"bbg://securities/917693Z%20US%20Equity","_id":"0000018f-2bb7-d4b6-a98f-ffb706da0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Sound Inpatient Physicians Inc. is in advanced discussions with a group of creditors for a deal that would extend the maturities of the hospital staffing firm’s first- and second-lien term loans to help stave off a cash crunch, according to people with knowledge of the situation.
<-bsp-bb-link state="{"bbHref":"bbg://securities/0282226D%20US%20Equity","_id":"0000018f-2bad-d4b6-a98f-ffbddf890000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Weiss Multi-Strategy Advisers LLC filed for bankruptcy about two months after the New York-based investment management firm announced it was winding down operations.
(Corrects story initially published on April 25 to make clear Oba is on a secondment assignment with MidOcean.)
<-rte-company state="{"_id":"0000018f-2b9b-d4b6-a98f-ffbf91020000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Sequoia Logistica e Transportes approved reverse split of 390m common shares, according to a regulatory filing.
Sex abuse claimants are challenging the Roman Catholic Diocese of Rockville Centre’s effort to get its bankruptcy thrown out, saying a dismissal would further deplete money available for creditors.
The Texas-based maker of Trojan branded electric golf carts filed Chapter 11 bankruptcy on Monday.
A prominent asbestos plaintiffs’ law firm was prevented from appealing bankruptcy court orders holding it in contempt and levying $400,000 in sanctions because the orders aren’t final, an appellate court said.
<-rte-company state="{"_id":"0000018f-2b4d-d4b6-a98f-ff7dbe200000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">WeWork Inc. and its major financial backers including <-bsp-bb-link state="{"bbHref":"bbg://securities/9984%20JP%20Equity","_id":"0000018f-2b4d-d4b6-a98f-ff7dbe200001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">SoftBank Group Corp. have struck a new restructuring deal to get the ailing workspace provider out of bankruptcy, spurning a competing financing proposal from co-founder
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