Pacific Gas & Electric faces a nearly $2 billion shortfall in the $13.5 billion trust created for California wildfire victims who filed claims against them.
A recent 30 percent increase in bankruptcies could be a harbinger of more financial pain to come as millions of Americans grapple with rising medical debt from COVID treatment. Says one expert: "It's going to get ugly."
New data suggests a promised-but-abandoned initiative could have limited the foreclosure crisis and even kept Donald Trump from being elected.
"No one is above the law," she wrote. She accused the NRA of declaring bankruptcy to evade a lawsuit that her office filed against it in August 2020.
Illinois, a state considering bankruptcy options, is set to surpass $1 billion in marijuana sales in 2021, bringing in tens of millions in added tax revenue.
A 2003 South Park episode is said to be based on the crew's memories of going there as children.
"And this was the one place that I hope could feel safe, where I remember getting there going, 'Thank God I'm safe, nobody can get me here,'" LaPierre said.
Massive government spending in response to the COVID-19 pandemic and the Federal Reserve's optimistic view of an economic rebound could lead to "entrenched inflation," a financial advisor said.
"We are DUMPING New York, and we are pursuing plans to reincorporate the NRA in Texas," the NRA's Executive Vice President Wayne LaPierre wrote in a statement.
Deutsche Bank, Donald Trump's business lender since the 1990s, has announced that it will not continue to do business with him following last week's assault on the U.S. Capitol. The soon-to-be-former president owes about $340 million in loans with notes that come due in 2023 and 2024, CNBC reported.
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Banks are preparing for customers reneging on their loans; Congress perhaps will extend enhanced unemployment benefits; stupid investors; some good Leonard Cohen covers; and overvaluing the Dow.
"We need to take further steps to weather a potentially prolonged recovery," said Hertz President and CEO Paul Stone in a statement Friday.
State bankruptcy should be a legally viable option.
There appears to be a general decline in bankruptcy filings during the current crisis, though most courts anticipate that a wave is coming soon.
"If he doesn't regret it yet, I think he will regret it," Governor Hogan told Politico on Thursday morning.
Jim Bakker urged viewers to send him checks so he wouldn't have to "file for bankruptcy" after facing legal challenges for promoting a phony coronavirus cure.
"Joe Biden should not be allowed to sell out women in the morning and be heralded as their friend in the evening," Warren wrote in 2003.
Local councils—legally distinct from the national organization—dismissed the notion that bankruptcy would jeopardize their ongoing activities.
Many drivers were left stranded on their routes, and they worried about the loss of their jobs so close to Christmas.
With U.S. unemployment at a 50-year low, employers are experimenting with a different kind of recruiting tool: decent health insurance plans.
In spite of multiple regulatory breaks received from the Trump administration, the fourth-largest coal company in America, Murray Energy Company, has announced it will be seeking bankruptcy protection.
Rue21 has filed for bankruptcy in the past.
Barneys New York confirmed plans to close 15 of its 22 locations on Monday.