January 13, 2023
Cryptocurrency debtors put billions of dollars in play this week as Voyager Digital Holdings got the nod for a $1 billion sale of assets and FTX Trading located $5 billion of its own assets. Over at the U.S. Supreme Court, the justices wrestled with Puerto Rican sovereignty in a case involving the island's fiscal board. This is the week in bankruptcy.
January 13, 2023
A Texas bankruptcy judge Friday approved Pipeline Health System's Chapter 11 plan, which the hospital operator said will trim $330 million in debt and set the company back on the path to becoming a sustainable operation.
December 02, 2022
Rising interest rates forced a reverse mortgage lender into Chapter 11, cryptocurrency platform BlockFi succumbed to the downfall of exchange FTX Trading, and FTX itself faced calls for an examination of its collapse. This is the week in bankruptcy.
November 29, 2022
A Texas bankruptcy judge gave hospital operator Pipeline Health System approval to sell two Chicago hospitals in a two-part, $92 million transaction despite saying there was a serious risk the deal could go awry before the second part closes.
November 23, 2022
Bankrupt hospital operator Pipeline Health System asked a Texas judge to approve a $92 million sale of its Illinois medical facilities, saying the transaction will enable those hospitals to remain in operation.
November 16, 2022
A Texas bankruptcy judge on Wednesday gave hospital operator Pipeline Health System approval to send its bankruptcy plan to creditors for a vote after changes in the plan disclosure statement to clarify the rights of unsecured creditors.
October 07, 2022
Alliance Health's liquidating trustee alleges a law firm helped a $100 million fraud scheme, the Alex Jones-controlled Free Speech Systems needs a new leader, and satellite operator Intelsat SA escapes from a $400 million contract dispute. This is the week in bankruptcy.
October 03, 2022
Hospital operator Pipeline Health System LLC received interim approval Monday for a $110 million post-petition financing package after a Texas bankruptcy judge said a roll-up of prepetition debt was justified under the circumstances of the case.