Live Breaking News & Updates on Chapter 11

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Adam Neumann Offers to Buy Back WeWork for More Than $500 Million, WSJ Reports

WeWork co-founder Adam Neumann has submitted an offer to buy the bankrupt company for more than $500 million, the Wall Street Journal reported, citing people with knowledge of the matter.

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Terraform Labs: Terraform Labs files for bankruptcy protection in US

Singapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 million. Recently, a federal judge postponed the trial of the U.S. Securities and Exchange Commission (SEC) against the company and its co-founder, Do Kwon, over an alleged $40 billion cryptocurrency fraud.

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EXPLAINER | How will the Supreme Court reshape US opioid epidemic relief?

President Joe Biden’s administration has argued that Purdue Pharma’s settlement is an abuse of bankruptcy protections

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Mayor Roth signs Bill 72, establishing preference for local families : Big Island Now

Bill 72 amends key provisions of Hawaiʻi County’s Affordable Housing Policy to enhance access to affordable housing for those who live and work on Hawaiʻi Island.

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Shared workspace giant WeWork files for bankruptcy in US

WeWork, an office-sharing startup that was once seen as a Wall Street darling and had the potential to change how people commuted to work globally suffered...

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WeWork May File for Bankruptcy Soon: Sources

Once valued at $47 billion, WeWork is now on the brink of bankruptcy, sources say. Founded in 2010 , the office-sharing venture was already struggling when its controversial...

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WeWork May Declare Bankruptcy Next Week, Report Says

This bankruptcy marks a major downfall for a former Wall Street favorite that was once valued at $47 billion.

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How a Texas hospital plans to emerge from bankruptcy

Despite filing for Chapter 11 bankruptcy protection, the Hospital at Westlake Medical Center in Westlake Hills, Texas is focused on

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Rite Aid files for Chapter 11, gets $3.45 billion in fresh cash

US News: US pharmacy chain Rite Aid has filed for bankruptcy and reached a deal with creditors to reduce its debt. The company has secured a $3.45 billion cash

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