Banks Seeking New Protections in Wake of Citigroup’s $900M Mistake March 3, 2021 By Katherine Doherty and Lisa Lee Wall Street banks are seeking new legal protections to help avoid a repeat of Citigroup Inc.’s accidental $900 million payment...
States Split Over Purdue’s $12 Billion Opioid Epidemic Settlement Plan September 12, 2019 By Erik Larson and Katherine Doherty Purdue Pharma LP, maker of the highly addictive Oxycontin painkiller, is pitting state against state with its offer of about...
PG&E Restructuring Plan Upped to $45B by Creditors May 31, 2019 By Scott Deveau and Katherine Doherty A group of PG&E Corp. creditors could preempt the embattled California utility’s own attempt to claw its way out of...
Hedge Fund Baupost Reported to Hold $1 Billion in PG&E Insurance Claims January 14, 2019 By Miles Weiss, Allison McNeely and Katherine Doherty Seth Klarman’s Baupost Group has been the poster child of the hedge fund industry’s ill-timed stock-market bets on the troubled...