Tag: Corporate bankruptcy
New Mexico official takes aim at oil, gas bond requirements
ALBUQUERQUE, N.M. — New Mexico’s financial assurance requirements for oil and gas wells, pipelines and related infrastructure fall far short of what would be...
UK’s fraud agency probes Gupta business links with Greensill
LONDON — Britain's Serious Fraud Office says it is investigating suspected fraud, fraudulent trading and money laundering within the business empire of Liberty Steel...
EXPLAINER: With bankruptcy tossed, what’s next for the NRA?
NEW YORK — Now that a judge has rejected the National Rifle Association’s bankruptcy bid, blocking its plan to reincorporate in Texas, the gun...
German unemployment slightly lower in March
BERLIN — Unemployment in Germany, Europe's biggest economy, was slightly lower in March thanks to seasonal factors, official data showed Wednesday. Extensive use of...
Founders of California fecal matter-testing company indicted
SAN FRANCISCO — Two Silicon Valley entrepreneurs who founded a biotech company that tested fecal matter are accused of bilking their investors and health...
OxyContin maker Purdue proposes $10B plan to exit bankruptcy
Purdue Pharma, which helped revolutionize the prescription painkiller business with its drug OxyContin, is proposing a $10 billion plan to emerge from bankruptcy that...
Texas company behind huge electricity bills seeks bankruptcy
The company that drew attention after sending huge electricity bills to customers after last month’s blackout-causing winter storm in Texas has filed for bankruptcy...
Texas company behind huge electricity bills seeks bankruptcy
The company that drew attention after sending huge electricity bills to customers after last month’s blackout-causing winter storm in Texas has filed for bankruptcy...
Hertz eyes bankruptcy exit through $4.2 billion stake sale
In a deal to jettison itself from under bankruptcy protection, Hertz said Tuesday that it may sell a controlling stake in the company to...
Bankruptcy judge refuses to halt Weinstein Co. plan
WILMINGTON, Del. — The Delaware judge presiding over the Weinstein Co. bankruptcy has rejected a request by four women who have accused disgraced film...