Articles for Bankruptcy Court

Byju’s US bankruptcy ruling catches Indian official off guard
3 months, 1 week ago

Byju’s US bankruptcy ruling catches Indian official off guard

Hindustan Times  

A US court ruling that placed into bankruptcy units associated with Indian education technology company Byju’s took an official in the firm’s home country by surprise. Judge Brendan Shannon also granted lenders’ request to appoint an independent Chapter 11 trustee to manage the Byju units in bankruptcy. US lenders to Byju’s were removed from an influential creditors committee in India …

India Indian Bankruptcy Units Byju Indian Official Srivastava
The rise and fall of a green-energy superstar
3 months, 1 week ago

The rise and fall of a green-energy superstar

Live Mint  

EPES, Ala.—When Enviva began construction here on the world’s largest wood-pellet plant, it had contracts worth more than $20 billion to supply overseas power plants with an alternative to coal. When the company sought bankruptcy protection, interim CEO Glenn Nunziata said the filing would allow Enviva to trim debt, cut costs and get its mills running more efficiently. When Enviva …

Power Company Bankruptcy Million German Plant Bankruptcy Protection
Supreme Court upsets $10-billion opioid settlement because it shields the Sacklers
5 months, 3 weeks ago

Supreme Court upsets $10-billion opioid settlement because it shields the Sacklers

LA Times  

The Supreme Court on Thursday rejected a mass settlement related to the nation’s opioid crisis that would have paid an estimated $10 billion to victims, hospitals, states and others, and shielded the Sackler family from further liability. The Sacklers, owners of the Purdue Pharma company, had denied wrongdoing but agreed to contribute $6 billion to the settlement fund if they …

Supreme Court Settlement Billion Opioid Kavanaugh Bankruptcy Court Purdue Pharma
$2.7 million meant to build homeless housing ended up with L.A. nonprofit, court records say
6 months, 2 weeks ago

$2.7 million meant to build homeless housing ended up with L.A. nonprofit, court records say

LA Times  

Tod Lipka, CEO of nonprofit Step Up on Second Street, shown in 2009 at an apartment building in Santa Monica. Lipka says he’d believed the payments came from Shangri-La’s “existing funds,” not funds intended for construction, and would not have approved the transaction if Step Up knew they were Homekey funds. Prior to their Homekey collaboration, Step Up and Shangri-La …

Housing Financial Court Homeless Projects California Million
Katie Price, 45, and boyfriend JJ Slater, 31, 'get matching tattoos' in Cyprus - five months after confirming romance
7 months, 3 weeks ago

Katie Price, 45, and boyfriend JJ Slater, 31, 'get matching tattoos' in Cyprus - five months after confirming romance

Daily Mail  

Katie Price and her boyfriend JJ Slater got matching tattoos during their romantic trip to Ayia Napa, Cyprus. Katie Price, 45, and her boyfriend JJ Slater, 31, got matching tattoos during their romantic trip to Ayia Napa, Cyprus Just five months into their whirlwind romance, the couple took their relationship to the next step and got similar inks on each …

Video Court Sun Price Judge Bankruptcy Cameo
Baltimore Archdiocese files for bankruptcy before new law on abuse lawsuits takes effect
1 year, 2 months ago

Baltimore Archdiocese files for bankruptcy before new law on abuse lawsuits takes effect

Associated Press  

BALTIMORE — The Archdiocese of Baltimore on Friday filed for Chapter 11 bankruptcy reorganization days before a new state law goes into effect removing the statute of limitations on child sex abuse claims and allowing victims to sue their abusers decades after the fact. The step will allow the oldest diocese in the United States “to equitably compensate victim-survivors of …

Law Abuse Church Victims Child Claims Virginia
Bank that handles Infowars money appears to be cutting ties with Alex Jones’ company, lawyer says
1 year, 2 months ago

Bank that handles Infowars money appears to be cutting ties with Alex Jones’ company, lawyer says

Associated Press  

HARTFORD, Conn. — A bank recently shut down the accounts of conspiracy theorist Alex Jones’ media company, citing unauthorized transactions — a move that caused panic at the business when its balances suddenly dropped from more than $2 million to zero, according to a lawyer for the company. The action last week by Axos Bank also exposed worry and doubt …

Speech Jones Free Systems Infowars Free Speech Systems Bankruptcy Court
Katie Price reveals she is unfazed at the prospect of prison in her ongoing £3.2M bankruptcy case
1 year, 5 months ago

Katie Price reveals she is unfazed at the prospect of prison in her ongoing £3.2M bankruptcy case

Daily Mail  

Katie Price has revealed she is unfazed by the idea of going to prison amid her ongoing £3.2M bankruptcy case. UnfazeD: Katie Price, 45, has revealed she is unfazed by the idea of going to prison amid her ongoing £3.2M bankruptcy case Candid: The former glamour model said the time locked up would make 'another chapter' for her book, after …

Price Bankruptcy Katie Price Ms Price Court Hearing Her Bankruptcy Case Katie
Bally Sports' troubles could transform how fans watch sports
1 year, 6 months ago

Bally Sports' troubles could transform how fans watch sports

LA Times  

Major League Baseball turned to its preferred voice of pomp and circumstance, Bob Costas, to make a major announcement two weeks ago. “Padres baseball — presented by Major League Baseball — is officially on the air.” I’m a Dodgers fan. In bankruptcy court, Major League Baseball Commissioner Rob Manfred testified that contracts from Bally’s and other local rights-holders usually account …

Streaming Team Teams Revenue Nhl Watch Dodgers
J&J to pay $8.9 billion to settle talc litigation cancer claims
1 year, 8 months ago

J&J to pay $8.9 billion to settle talc litigation cancer claims

LA Times  

Johnson & Johnson, the world’s largest maker of health-care products, hopes to settle more than 40,000 lawsuits that contend its talc-based powders caused cancer and fund a trust set up in U.S. Bankruptcy Court in New Jersey to cover future claims, the company said in a filing. The world’s largest maker of healthcare products hopes to settle more than 40,000 …

Cancer Court Company Bankruptcy Billion Filing Chapter 11
Sam Bankman-Fried campaign finance violations: The arrest of the FTX founder puts Democratic and Republican political leaders in a sticky situation.
2 years ago

Sam Bankman-Fried campaign finance violations: The arrest of the FTX founder puts Democratic and Republican political leaders in a sticky situation.

Slate  

Sam Bankman-Fried was arrested last week in the Bahamas on eight separate criminal counts. The Justice Department is now alleging that Bankman-Fried and “co-conspirators” made illegal campaign donations worth “tens of millions of dollars.” The federal government is alleging serious violations of campaign finance law, which could bring substantial jail sentences of their own. First, they’re claiming that Bankman-Fried has …

Political Money Campaign Democratic Democrats Washington Senate
L.A. con man had private jets. He desired something more
2 years ago

L.A. con man had private jets. He desired something more

LA Times  

Edgar Sargsyan, left, and John Balian pose with Gavin Newsom in Sargsyan’s Beverly Hills office in an undated photo. They were still talking when it closed for the night, Sargsyan testified at the FBI agent’s trial, so they climbed drunkenly into the back seat of Termendzhyan’s limousine-style Mercedes Maybach and were chauffeured to Sargsyan’s apartment, where they continued on about …

Law Law Enforcement Trial Man Bank Fraud California Credit Card Fraud
Alex Jones moved millions from media company to avoid Sandy Hook damages, report says
2 years, 1 month ago

Alex Jones moved millions from media company to avoid Sandy Hook damages, report says

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. This means that the Sandy Hook …

Court Independent Families Company Lawyer Speech Jones
Unraveling the mystery of Erika Jayne’s $800K diamond earrings — and Tom Girardi’s finances
2 years, 4 months ago

Unraveling the mystery of Erika Jayne’s $800K diamond earrings — and Tom Girardi’s finances

LA Times  

Erika Girardi, aka Erika Jayne, at a 2020 fashion show in Los Angeles. Menzilcian declined to provide specific information as to the cut or clarity of the diamonds in the earrings, but he said the two stones — one for each ear — were “near flawless,” adding, “They were extremely large.” Erika Girardi possessed the earrings until at least 2007, …

Jewelry Tax Authorities Bankruptcy Los Angeles Beverly Hills Tom Pasadena
Tom Girardi’s epic corruption exposes the secretive world of private judges
2 years, 4 months ago

Tom Girardi’s epic corruption exposes the secretive world of private judges

LA Times  

The settlement Tom Girardi reached with a drug company in 2005 was characteristically large and righteous: some $66 million the famed Los Angeles trial attorney won on behalf of patients who said a diabetes medication caused liver failure and other maladies. Girardi’s firm, Girardi Keese, told clients that the former justice had instructed the firm to “hold back” the money. …

Supreme Court Court Money Settlement California Los Angeles Fair
The auction of The One mansion was a dud. Now the fight over the proceeds is getting ugly
2 years, 5 months ago

The auction of The One mansion was a dud. Now the fight over the proceeds is getting ugly

LA Times  

The investment firm of Julien Remillard has filed a lawsuit alleging unfair business practices against another lender connected with the megamansion known as The One. Though Inferno lent before Hankey Capital, the lawsuit acknowledges Inferno signed an agreement in 2016 allowing Crestlloyd to repay later loans needed to finish the mansion even before Inferno was repaid for its own investment. …

Lawsuit Auction Bankruptcy Los Angeles Mansion Fashion Nova Bankruptcy Court
Former Wimbledon winner Boris Becker 'embarrassed' by bankruptcy
2 years, 8 months ago

Former Wimbledon winner Boris Becker 'embarrassed' by bankruptcy

Firstpost  

Becker was declared bankrupt in June 2017 and is currently on trial accused of failing to hand over assets including nine trophies and medals from his glittering tennis career London, United Kingdom: Former Wimbledon champion Boris Becker told a London court he felt “shocked” and “embarrassed” after being declared bankrupt just days before the 2017 tournament at the All England …

German Wimbledon Bankrupt Becker Nine Trophies
Fight over ‘The One’ mega-mansion heads to Bankruptcy Court
3 years, 1 month ago

Fight over ‘The One’ mega-mansion heads to Bankruptcy Court

LA Times  

An auction of “The One,” an extravagant Bel-Air mega-mansion, was postponed Wednesday after the developer of the property filed for bankruptcy protection. “The One” mega-mansion was pulled Wednesday from the auction block, one day after the developer’s limited liability company filed for Chapter 11 bankruptcy protection to stop the sale. The 105,000-square-foot Bel-Air mansion was set to go to the …

Property Court Sale Debt Bankruptcy Los Los Angeles
Big Blow for Nirav Modi as New York's Bankruptcy Court Rejects Plea Seeking Dismissal of Fraud Charges
3 years, 2 months ago

Big Blow for Nirav Modi as New York's Bankruptcy Court Rejects Plea Seeking Dismissal of Fraud Charges

News 18  

A bankruptcy court in New York has dismissed a petition of fugitive diamond merchant Nirav Modi and his associates, seeking dismissal of fraud allegations against them. Southern District of New York Bankruptcy Court Judge Sean H Lane issued the order last Friday, in a major blow to the Indian fugitive and his accomplices. “SDNY Bankruptcy Court Judge Lane in a …

India Fraud Court Gandhi New York Modi Batra
AP Interview: State AG pushes accountability in opioid cases
3 years, 6 months ago

AP Interview: State AG pushes accountability in opioid cases

Associated Press  

Massachusetts Attorney General Maura Healey has been a leader in the legal push to hold companies and individuals accountable for the U.S. opioid addiction and overdose epidemic, which has been linked to nearly 500,000 deaths over the last two decades. Healey was the first of many state attorneys general to sue individual members of the Sackler family who own Connecticut-based …

Company Opioid Healey Purdue Bankruptcy Court Oxycontin Sacklers
OxyContin maker Purdue Pharma pleads guilty in criminal case
4 years ago

OxyContin maker Purdue Pharma pleads guilty in criminal case

Associated Press  

Purdue Pharma pleaded guilty Tuesday to three criminal charges, formally taking responsibility for its part in an opioid epidemic that has contributed to hundreds of thousands of deaths but also angering critics who want to see individuals held accountable, in addition to the company. Last week, as part of a motion to get access to more family documents, the attorneys …

Settlement Company Family Members Dea Federal Opioid Purdue
Katie Price 'faces new bankruptcy hearing after someone anonymously tips court off'
4 years, 2 months ago

Katie Price 'faces new bankruptcy hearing after someone anonymously tips court off'

Daily Mail  

Katie Price is reportedly set to face a new bankruptcy hearing on 27 October after someone anonymously tipped the court off about her lavish lifestyle. Claims: Katie Price is reportedly set to face a new bankruptcy hearing on 27 October after someone anonymously tipped the court off about her lavish lifestyle Since she was declared bankrupt, the former glamour model …

Lifestyle Turkey Hearing Instagram Mailonline Pictured Katie