Bankruptcy & Restructuring News Headlines for Tuesday Jun 11, 2024

Here's what we are reading this morning:

Nevada Copper Files for Chapter 11 Bankruptcy Protection | Nevada Copper Corp.: Nevada Copper (TSX:NCU) owns Pumpkin Hollow in Nevada, USA, which hosts an underground copper project now in production, and an open pit project.

Ventilator-Maker Vyaire Goes Bankrupt as Covid-19 Demand Wanes - BNN Bloomberg: Ventilator-maker Vyaire Medical Inc. filed for bankruptcy, succumbing to a decline in demand for ventilators as the Covid-19 pandemic has eased.

Synapse bankruptcy: Trustee says $85 million of customer savings is missing: There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are owed, according to the court-appointed trustee in the Synapse bankruptcy

LLT Management LLC Establishes Bankruptcy Plan Voting Deadline Related to Talcum Powder Litigation: Johnson & Johnson and its subsidiary, LLT Management LLC have agreed to pay approximately $8 billion nominal over 25 years to individuals who claim that talcum powder products made them sick

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