New York Senior-Care Residents to Lose Fee Refunds Under Bankruptcy Sale - WSJ: Harborside retirement community owes current and former residents roughly $130 million. Only $43 million would be available for refunds under the deal
Platinum-Backed LifeScan, Lenders Reach Debt-Restructuring Deal: Glucose-monitor maker LifeScan Global Corp. has reached a deal with some of its creditors to gain financial breathing room and avoid a possible bankruptcy filing by equitizing some of its debt, according to people familiar with the situation
U.S. Economy Being Powered by the Richest 10% of Americans - WSJ: Between September 2023 and September 2024, the high earners increased their spending by 12%. Spending by working-class and middle-class households, meanwhile, dropped over the same period
Wellpath Delays Chapter 11 Exit To Buy Time For Creditor Deal - Law360: Wellpath will delay confirmation of its Chapter 11 plan by two weeks to buy time to work through objections to the reorganization of its prison healthcare business, attorneys told a Texas bankruptcy judge Monday.
Seyfarth Bolsters Restructuring & Insolvency Capabilities in Both Corporate and Litigation with Addition of Pete Roberts | Seyfarth Shaw LLP: Pete Roberts brings to Seyfarth a wealth of high-level experience in business reorganizations and liquidations, workouts, and commercial litigation
Joann to Close All Stores Following Second Bankruptcy: Bankrupt sewing and yarn supply retailer Joann is closing its stores after more than 80 years in business
