This Wildfire Metric Threatens to Upend PG&E’s Restructuring Plan October 29, 2019 By Mark Chediak and Steven Church PG&E Corp. investors looking to learn their fate may not get the answer from the bankrupt power company. Instead, the...
Bankruptcy Judge Grants Purdue Pharma Time Out from Government Opioid Litigation October 13, 2019 By Steven Church and Erik Larson Purdue Pharma LP and its billionaire owners won a temporary reprieve from nearly 2,700 opioid lawsuits, giving the bankrupt drugmaker...
PG&E Attacks Plan for Paying California Wildfire Victims Before Insurers September 23, 2019 By Steven Church PG&E Corp. and a group of insurers urged a judge to reject a competing reorganization plan for the bankrupt utility...
Outrage over PG&E’s Plan to Cap California Wildfire Liabilities at $18B September 10, 2019 By Steven Church and Mark Chediak California utility giant PG&E Corp. has issued its long-awaited plan for emerging from the largest utility bankruptcy in U.S. history:...
J&J Asks Federal Court to Assume Baby Powder Lawsuits from State Courts April 23, 2019 By Margaret Cronin Fisk, Jef Feeley and Steven Church Johnson & Johnson wants a federal judge to take over more than 2,000 baby-powder lawsuits it faces instead of allowing...
Judge Rules Bankrupt Weinstein Co. Must Face Sexual Harassment Claims June 6, 2018 By Steven Church Weinstein Co. must return to New York court to face a lawsuit by women who say the firm is responsible...
Judge: Gawker Founder Can’t Halt Hulk Hogan From Enforcing Verdict August 1, 2016 By Steven Church Gawker Media founder Nick Denton lost his latest bid to halt enforcement of the $140 million verdict won by Hulk...
Detroit Settles with Bond Insurer; Chance of Debt Plan Success Boosted October 17, 2014 By Chris Christoff and Steven Church Detroit settled with one of its last major creditors, bond insurer Financial Guaranty Insurance Co., bringing the city closer to...
Detroit Bond Insurer to Judge: Debt Plan Causes ‘Serious Mayhem’ September 5, 2014 By Steven Church Detroit’s proposal to exit its record municipal bankruptcy by paying retirees more than bond investors will cause “serious mayhem,” an...
Bond Insurer Syncora Threatens to Cancel Coverage on Detroit Rate Swaps March 19, 2014 By Steven Church Syncora Guarantee Inc., the bond insurer fighting Detroit’s debt-cutting plans, said it may cancel insurance it wrote for interest-rate swaps...