Entretenimiento

  • Private Lender Moves Risk Extend-and-Pretend Path to Bankruptcy

    Private credit lenders are easing loan terms on existing deals in hopes of staving off costly restructurings, at the risk of an extend-and-pretend dynamic that masks deeper economic strains.

  • 23andMe Clients Navigate Uncertain Future Two Years After Breach

    23andMe brought unique privacy issues to bankruptcy. Unlike mass tort bankruptcies—such as Georgia-Pacific unit Bestwall, which faces asbestos claims, or Purdue Pharma opioid lawsuits—the harm mainly involves identity theft or nation-state misuse.

  • Bankruptcy Judges Step Up Sanctions on Attorneys Misusing AI

    A federal rule requiring lawyers to certify the accuracy of their filings is gaining new traction in bankruptcy courts, where judges are sanctioning attorneys for submitting documents with fake AI-generated citations.

  • Acting DOJ Bankruptcy Head Will See Less Staff, More Oversight

    As Ramona Elliott steps into her role as acting director of the Justice Department’s bankruptcy watchdog following her predecessor’s firing earlier this year, she inherits an agency with a smaller workforce and greater oversight demands.

  • Trucking Bankruptcies Spike as Tariffs Quash Post-Pandemic Boom

    Trucking and freight businesses that once thrived on the pandemic e-commerce boom and high spot prices are increasingly seeking bankruptcy protection, with more stress looming as the Trump administration’s tariffs derail business plans.

  • Bankruptcy Crime Referrals Rarely Result in Prosecutions 

    The US Trustee—the Justice Department’s bankruptcy watchdog—made an average of 2,271 referrals annually over the past six years, according to agency reports. Yet only about 40 people were charged with bankruptcy crimes on average annually during that period.