Apr 25
Billionaire Peter Thiel has agreed to drop his pursuit of purchasing what remains of defunct news gossip site Gawker after reaching an agreement with Gawker’s Chapter 11 plan administrator that frees Thiel from potential claims for bankrolling read more
Apr 25
Advent International and Bain Capital are eying Eli Lilly's animal health business, TransUnion's bid to buy Callcredit from GTCR has backing from $1.4 billion in leveraged loans, and Quality Care Properties received a $2 billion acquisition o read more
Apr 25
Bankrupt construction contractor Navillus Tile Inc. told a judge Wednesday that $30 million worth of priority claims by union workers should be bumped down the priority stack, while the unions said there are clear justifications for priority status e read more
Apr 25
Vehicle upholstery maker GST AutoLeather received court approval Wednesday in Delaware for a Chapter 11 plan centered around a sale of its assets and the creation of a cash pool for recoveries by creditors. read more
Apr 25
Proskauer Rose LLP on Wednesday withdrew a request that the Fifth Circuit pump the brakes on an April 30 trial setting in a $1.5 billion lawsuit brought by the receiver for the R. Allen Stanford Ponzi scheme, just a day after asking the appellate cou read more