YesCare Collapse Exposes Cracks in Prison Healthcare System

YesCare Corp.'s announcement that it will wind down has reignited concerns over the private prison healthcare business model, fraught with tort risk that leaves companies vulnerable to insolvency.

Plastics Firm Trinseo’s Bankruptcy to Cut Debt by $2 Billion

Trinseo Plc has filed for bankruptcy as it implements a restructuring plan that will see lenders take control of the plastics maker.

Erika Jayne Settles $25 Million Transfer Suit in Bankruptcy Case

Erika Jayne, star of Real Housewives of Beverly Hills, settled a $25 million lawsuit filed five years ago over alleged personal expenses paid from her estranged husband’s bankrupt law firm.

Israeli Cultivated Meat Company Gets US Bankruptcy Recognition

Israeli restructuring proceedings for Believer Meats were formally recognized by a bankruptcy court in North Carolina, where a subsidiary of the lab-grown meat company is being liquidated by a state court receiver.

Software Firm Cornerstone’s Lenders Sign Pact for Debt Talks

Lenders to employee training software company Cornerstone OnDemand Inc. signed a cooperation agreement among themselves to work together in potential debt talks as maturities near, according to people familiar with the matter.

Spotlight on Judge David R. Jones

A Star Bankruptcy Judge’s Downfall: Bloomberg Law Investigation

Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.

A Star Bankruptcy Judge’s Downfall: Bloomberg Law Investigation

Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.

Texas Two-Step: Jones Day's Tactic to Evade Mass Tort Liability Through Bankruptcy

Through the legal tactic, known as the Texas Two-Step, corporations have been able to use bankruptcy to avoid mass tort liability. In this video we look at how it works, the reasons why plaintiffs' attorneys hate it, the reasons that companies and their lawyers use it, and how courts have ruled on it so far.

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