Reorganizations

Purdue Pharma prepares for bankruptcy ahead of opioid crisis trial - European Pharmaceutical Review

09/05/19

Purdue Pharma prepares for bankruptcy ahead of opioid crisis trial  European Pharmaceutical Review

A report has found that the rejection of a settlement offer from Purdue has led to the company arranging to file for bankruptcy.

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Wall Street Gets Burned by Oil Patch's Fire Sales - Bloomberg

09/05/19

Wall Street Gets Burned by Oil Patch's Fire Sales  Bloomberg

Oil wells jet out of the scrubby, dusty ground in West Texas' Permian Basin as far as the eye can see. A gas station off Route 285 bustles with workers in boots ...

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uBiome declares bankruptcy, seeks buyer - PitchBook News & Analysis

09/05/19

uBiome declares bankruptcy, seeks buyer  PitchBook News & Analysis

Microbiome test kit developer uBiome has filed for Chapter 11 bankruptcy protection and received an $8 million loan while it explores a sale of its business and ...

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Small Business Reorganization Act of 2019 - Lexology

09/05/19

Small Business Reorganization Act of 2019  Lexology

In the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (“2005 Act”), Congress amended the Bankruptcy Code and Title 28 of the U.S…

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Show Me Your Bill: Lab sends out bills with big mistakes - WOAI

09/04/19

Show Me Your Bill: Lab sends out bills with big mistakes  WOAI

Some people feel queasy when they have their blood drawn. But it's the bills one lab is sending out that are making San Antonio patients feel like fainting.

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Bill collection upswing buys Astria Health more time for Ch. 11 plan - Reuters

09/04/19

Bill collection upswing buys Astria Health more time for Ch. 11 plan  Reuters

Bankrupt Washington-state hospital and clinic chain Astria Health received court approval on Wednesday for more time to file a reorganization plan after arguing ...

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Bill collection upswing buys Astria Health more time for Ch. 11 plan - Reuters

09/04/19

Bill collection upswing buys Astria Health more time for Ch. 11 plan  Reuters

Bankrupt Washington-state hospital and clinic chain Astria Health received court approval on Wednesday for more time to file a reorganization plan after arguing ...

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Sears lays off 250 employees at Hoffman Estates HQ - Chicago Sun-Times

09/04/19

Sears lays off 250 employees at Hoffman Estates HQ  Chicago Sun-Times

The employees have been placed on paid leave and their positions will be terminated over a 14-day period starting about Oct. 28, Sears said in a state filing.

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Equity Group Contests Bankrupt RAIT Financial's Sale Rush - Law360

09/04/19

Equity Group Contests Bankrupt RAIT Financial's Sale Rush  Law360

READY FOR SLOT--An attorney for an ad hoc group of equity holders on Wednesday questioned the pace of a fast-moving $174.4 million minimum Delaware ...

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