Catholic Diocese of Fresno to seek bankruptcy as claims of abuse are made against clergy: The Catholic Diocese of Fresno announced Tuesday it plans to file a petition for Chapter 11 bankruptcy in August to resolve more than 150 claims of abuse by clergy
Courts Remain Divided on Whether Avoidance Actions are Estate Property That May be Sold | Nelson Mullins: As it stands, the Fifth, Eight, and Ninth Circuits have definitively held that preference claims arising under 11 U.S.C. § 547 may be sold. While other circuits have yet to directly decide the issue, caselaw from around the country reveals the potential for a large circuit split
Chicago to Offer Most Generous Subsidies in U.S. to Save Its Downtown - WSJ: The city is going beyond any other in providing public subsidies to convert obsolete office space into apartments and hotels, despite enormous budgetary challenges
Fisker cuts hundreds of workers in bid to keep EV startup alive | TechCrunch: One current and one laid off employee estimated that only about 150 people remain at the company
Faraday Future Intelligent Electric Withdraws Production Outlook - WSJ: Faraday Future Intelligent Electric is withdrawing its production target guidance for the year, becoming the latest electric vehicles maker to warn about the state of the market.
