bankruptcy

BlockFi was one of the companies that FTX bailed out in recent months. Now it's a clear sign that contagion from FTX's collapse is spreading throughout the crypto industry.

Free Speech Systems filed for bankruptcy amid the trial underway seeking to force Jones to pay $150 million or more to the family of one of the children killed in the 2012 Sandy Hook attack.

The 54-year-old German tennis great was sentenced for illicitly transferring large amounts of money and hiding assets after he was declared bankrupt.

Founder Alex Jones, who's repeatedly called the 2012 shooting at a Connecticut elementary school a hoax, has been sued several times by the victims' families for defamation and emotional distress.

Companies that aren't bankrupt are using controversial maneuvers in U.S. bankruptcy court to block tens of thousands of suits. A woman suing Johnson & Johnson died while her case was in legal limbo.

Johnson & Johnson spun off liabilities — including roughly 38,000 lawsuits — linked to claims of asbestos contamination in its baby powder to a new firm, which then declared bankruptcy.

Mattress Firm, Claire's, Guitar Center are bankruptcy survivors going from a year of shuttered stores to planning a new life as publicly traded companies.

Judge Colleen McMahon was expected to halt work on the controversial settlement that would give immunity from opioid lawsuits to the Sackler family. Instead she allowed work on the plan to go ahead.

With a federal judge poised to approve Purdue Pharma's controversial Chapter 11 plan, the company is working behind the scenes to preempt a legal challenge by the DOJ.

The company, which has been making guns in the U.S. since 1816, filed for Chapter 11 protection in federal court in Alabama as it seeks to restructure amid ongoing legal and financial challenges.