How to claim your FTX Chapter 11 bankruptcy payout in the U.S., India, China, and Europe

FTX’s chapter 11 bankruptcy estate will begin a $1.6 billion payout on Sept. 30. Here’s how U.S., international, and crypto ...

Bankruptcy Court: Subordinated Claims Still Count, at Least, for Fraudulent Conveyance Purposes

In the recent case of Phillips v. Josmic 2 (In re ONH AFC CS Investors), the U.S. Bankruptcy Court for the District of ...

Avoiding the Bankruptcy Claw: How Healthy Businesses Can Protect Themselves From Preference Claims

Even solvent companies can find themselves in bankruptcy court and forced to return payments when a customer or vendor goes ...

Turkey Leg Hut bankruptcy case set to be closed without $6.5M payment

Court records show that the trustee in Turkey Leg Hut's bankruptcy case has filed a notice indicating that more than $6.5 ...

Insurers brace for potential claims linked to First Brands bankruptcy - report

Insurers that have written policies protecting First Brands' trading partners or investors from losses through trade credit ...

Boy Scouts Bankruptcy Plan Opponents Appeal to Supreme Court

The Boy Scouts of America’s $2.46 billion child abuse settlement and bankruptcy plan was challenged at the US Supreme Court ...
Insurance Business America

Insurers brace for big hit as First Brands bankruptcy unwinds web of receivables

According to reporting in the Financial Times, Allianz, Coface and AIG were among carriers that provided cover to trading partners and investors exposed to First Brands’ receivables programs. Senior ...

Lawsuit claims hospital CEO was often absent, put staff at risk

The bankrupt Mercy Hospital of Iowa City is taking its former business partners, MercyOne and Catholic Health Initiatives, to ...