Dec 19

The Federal Reserve Board and Federal Deposit Insurance Corp. said Tuesday that the nation's eight largest banks have received passing grades on their latest round of so-called living wills, which detail how they can be safely wound down in the e read more
Dec 19

A Delaware Chancery judge ruled Tuesday that American Apparel founder Dov Charney could be on the hook to Standard General LP for up to $19.5 million plus interest stemming from a fight over his ouster from the company that went through two subsequen read more
Dec 19

A Delaware bankruptcy judge agreed Tuesday to confirm saltwater battery maker Aquion Energy Inc.’s Chapter 11 plan to divvy up proceeds from its $9 million sale, marking what both the debtor and creditors said was a successful case for a compan read more
Dec 19

Three-quarters of a $200 million settlement fund had been distributed and one claim remained unresolved on Tuesday in multidistrict litigation that once numbered 733 cases against health care providers that administered, but did not concoct, contamin read more
Dec 19

Bankrupt plastics supplier M&G USA Corp. asked a Delaware court for permission Monday to pay up to $850,000 in bonuses to employees to retain key workers and incentivize performance while the company pursues a Chapter 11 sale of its assets. read more