Bankruptcy Restructuring News Today

the new warnings are coming from the republicans this morning of what a second donald trump presidency could look like. and big pharma is colliding with the supreme court and happening is billions of dollars of stake as victims of the opioid crisis weigh in. and a stunning and controversial decision of the body that governs college football playoffs leaves florida state out in the cold. they will not be playing in the college football playoffs. with kate bolduan and john berman, im...

WTOP's Vanessa Roberts recently sat down with Michael Lichtenstein, Chair of the Firm's Bankruptcy, Restructuring and Creditors' Rights practice to get the answers to 5 Questions about Business Bankruptcy.

Seasoned bankruptcy lawyer Michael Lichtenstein of Shulman Rogers shares advice and insights to help business owners better understand bankruptcy…

Under new owner Beijing Zhiguangxin Holding, Tsinghua Unigroup gets a new lease on life to run some of the nation’s major semiconductor operations.

Found out, its doing more to help the people that control the debt that is crippling puerto rico. tell me whats going on, lizzy? >> good to see you, neil. hurricane maria damaged puerto rico so badly, the island was left without power and that shut down water and is now endangering lives. wall streeters are writing to the rescue. even traitors are saying that their rescue plan is a costly predatory deal that would still drown puerto rico in debt while letting bond holders extract quick cash for ...

>> reporter: youre welcome. jon: more trouble for general motors. federal legitimatetores are looking at a possible break defect on the 2014 chevrolet impala, following complaint from one driver, that the emergency braking system activated multiple times without any warning. were learning as the company is trying to fend off dozens of potentially costly lawsuits over its handling of a defective ignition switch. adam shapiro joins us live from the fox business network with more. adam. >> reporter...

Knew about this, and just ignored these problems, or whether gm knew about this and purposefully brushed it under the rug, covered it up. >> i think youre right, brooke. the bottom line is we know that in 2009, there was this bankruptcy restructuring, and generally when you have this type of restructuring under the bankruptcy laws, youre shielded from civil lawsuits. you have this immunity from liability. now at this point, the question is did they know about this during this bankruptcy restruct...

Of the teachers evaluation is to be based on students standardized test scores. less than the 40% the mayor had been asking for. school principals retained hiring power but half of all new hires must be laid off teachers. thousands of american airlines workers have learned they could lose their jobs as that company is going through bankruptcy restructuring. the airline has sent out layoff warning notices to more than 11,000 employees. a company spokesman says the job losses will be closer to r...

That the landmark could lose its historic feel complaining that macys has apple fever. and will and kate are doing a happy dance heading home after a big victory over those topless photos. well have details on that in 15 minutes. mixed news on the job market. good news bad news from cnbcs mandy drury with whats moving your money. so lets start with the warning of layoffs. thousands of american airlines workers have gotten those notices. >> thats right, chris. american airlines is sending lay...

When companies default on loans or rip up pension agreements during bankruptcy restructuring, we are told that any moralistic chiding is sentimental rubbish. this is the market at work. they are profit maximizing entities responding to incentives but as soon as some bus driver or accountant or waitress decides it doesnt make sense to hand over thousands of dollars to their bankers for no reason, well, heavens to betsy. call in the virtue police. i remember from childhood here in new york the old...