PwC to Create 100,000 New Jobs to Help Clients Grappling with ESG Reporting June 16, 2021 By Jessica DiNapoli Accounting firm PwC said on Tuesday it would invest $12 billion over five years to create 100,000 new jobs aimed...
SEC Toughens Rules on Shareholder Proposals September 24, 2020 By Jessica DiNapoli The U.S. Securities and Exchange Commission (SEC) voted 3-2 on Wednesday to make it tougher for shareholders to push companies...
Netflix Sued by Former Prosecutor Over Portrayal in ‘Central Park Five’ Miniseries March 19, 2020 By Helen Coster and Jessica DiNapoli A former prosecutor who ran the sex crimes unit in the Manhattan District Attorney’s office in 1989 sued Netflix on...
Purdue Pharma Floats $10-$12 Billion Opioid Settlement: Reuters August 28, 2019 By Mike Spector and Jessica DiNapoli OxyContin maker Purdue Pharma LP and its owners, the Sackler family, are in discussion to settle more than 2,000 opioid...
Serving on One Outside Board Is Enough, BlackRock Warns Directors August 27, 2019 By Jessica DiNapoli and Saqib Iqbal Ahmed BlackRock Inc. is stepping up opposition to U.S. CEOs who sit on more than one corporate board beside their own,...
With Opioid Litigation Mounting, Purdue Pharma Exploring Bankruptcy: Reuters March 4, 2019 By Mike Spector and Jessica DiNapoli OxyContin maker Purdue Pharma LP is exploring filing for bankruptcy to address potentially significant liabilities from thousands of lawsuits alleging...
PG&E Restructuring Highlights California’s Inverse Condemnation Rule January 15, 2019 By Jessica DiNapoli, Mike Spector and Scott DiSavino PG&E Corp.’s chances of emerging from bankruptcy proceedings hinge in part on an arcane California legal rule that threatens to...
Sears Investors Allege Improper Moves by Credit Insurance Seller Cyrus November 26, 2018 By Jessica DiNapoli Investors who bought insurance meant to mitigate losses from Sears Holdings Corp.’s bankruptcy proceedings are claiming that a hedge fund...
PG&E in California Calls in Debt Restructuring Lawyers August 1, 2018 By Jessica DiNapoli and Liana B. Baker PG&E Corp. has hired law firm Weil, Gotshal & Manges LLP to explore debt restructuring options, people familiar with the...
Weinstein Co. Ends All Non-Disclosure Agreements, Files for Bankruptcy March 21, 2018 By Tracy Rucinski and Jessica DiNapoli U.S. film and TV studio The Weinstein Company, whose ex-Chairman Harvey Weinstein has been accused of sexual harassment and assault,...