Cancer victims sue J&J over bankruptcies | Reuters: A group of cancer victims sued Johnson & Johnson (JNJ.N), opens new tab on Wednesday, accusing the healthcare company of committing fraud through repeated and continued efforts to use a shell company's bankruptcy to resolve tens of thousands of lawsuits alleging its talc products contained asbestos and caused cancer.
CMBS Buyers Suffer First Loss on AAA Debt Since Financial Crisis - Bloomberg: For the first time since the financial crisis, investors in top-rated bonds backed by commercial real estate debt are getting hit with losses.
Probe finds no ‘error’ in hiring Sullivan & Cromwell for FTX bankruptcy: The court appointed Robert Cleary, a former federal prosecutor, as an independent examiner. In a report released on Thursday he wrote he “did not identify any error in the bankruptcy court’s decision authorising the debtors to retain S&C”.
