Here's what we are reading this morning:
NY Diocese Reaches $323M Settlement With Abuse Survivors - Law360: Long Island's bankrupt Roman Catholic diocese has agreed to a nearly $323 million deal with hundreds of survivors of sexual abuse, a historic settlement that will bring to a close after four years the church's Chapter 11 case, according to a statement issued Thursday.
Y Combinator-Backed Firstbase.io Files Ch. 11 In New York - Law360: Firstbase.io Inc. has filed for Chapter 11 protection in New York bankruptcy court with up to $50 million of debt, more than three years after the business services company nabbed an investment from startup accelerator Y Combinator.