Chicago Reader Announces Restructuring and Layoffs: Chicago Reader faces critical juncture amid financial and operational challenges
Diocese of Rockville Centre Pioneers a Global Resolution for Itself, Its 136 Parishes, and its Settling Insurers Post-Purdue | Jones Day: In 2024, the Supreme Court decisions in Purdue and Truck materially complicated such resolutions, presenting substantial hurdles to the dual objectives of getting parishes releases and maximizing insurance assets
End of Exclusive Deals Ends in Comic Firm Bankruptcy : One of the nation’s largest suppliers of comic books and collectibles has filed bankruptcy, saying its financial trouble mostly stems from the loss of exclusive distribution deals it had with major publishers Marvel Comics and DC Entertainment.
FDIC Sues Ex-SVB Executives for Billions Over Bank’s Collapse: The Federal Deposit Insurance Corp. sued more than a dozen former Silicon Valley Bank executives for “egregious mismanagement” and negligence that allegedly led to the bank’s dramatic collapse in 2023 before the agency stepped in to backstop customer accounts.
Millennium Bank, Des Plaines, Ill. Assumes All Deposits of Pulaski Savings Bank, Chicago, Ill. | FDIC.gov: Pulaski Savings Bank of Chicago, Ill. was closed today by the Illinois Department of Financial and Professional Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver
