Businesses generally file for bankruptcy because of financial challenges or operational issues. But, while their distressed business dissolves, there could be an opportunity for another business to ...

A Johnson & Johnson subsidiary filed for bankruptcy protection for the third time in an effort to resolve the tens of thousands of lawsuits claiming its baby powder and other talc products caused ...

Andrew Scurria runs the team that covers financial distress and debt restructuring for The Wall Street Journal and WSJ Pro Bankruptcy. He is based in New York and can be reached at ...

Johnson & Johnson lost its bid in a federal appeals court to revive a plan to settle tens of thousands of talc cancer lawsuits by placing a subsidiary into bankruptcy. The ruling Thursday upheld a ...

A bipartisan group of lawmakers proposed legislation on Capitol Hill to prevent well-off corporations from using bankrupt shell companies to resolve lawsuits. Introduced July 23, the Ending Corporate ...

Compare bankruptcy and debt consolidation: benefits, drawbacks, legal implications, credit impact, and factors to consider in ...

A darkened Dillard's sign flickers above an empty mall corridor, its doors locked and display lights already shut off—one ...

In today’s volatile economic landscape, businesses facing financial distress must navigate complex restructuring and bankruptcy proceedings to achieve long-term stability. Understanding the strategic, ...

From a U.S. bankruptcy perspective, distressed debt investing is often based on two fundamental principles in the bankruptcy system: 1) a secured creditor is entitled to the value of its collateral in ...

Veteran corporate attorneys John Larson and William Myers thought they had seen it all when it came to acquisition deals, but they were wrong. When the two Morgan, Lewis & Bockius partners helped ...

MONTGOMERY, Ala.--(BUSINESS WIRE)--In a compelling new article published in Bloomberg Law, attorney Andy Birchfield, who leads the mass torts section at the Beasley Allen Law Firm, delves into the ...

Companies like Hooters, Marvel, Converse, and GM have filed for bankruptcy protection and bounced back.