Bipartisan Bill Would Require Secondary Cockpit Door on All Existing Airplanes February 11, 2019 By Tracy Rucinski U.S. lawmakers are pushing for stronger aviation security with a bipartisan bill that would require passenger airlines to install secondary...
How One Hedge Fund Has Pursued $360M Financial Fraud Claim Against Big Bank July 12, 2018 By Tracy Rucinski When the high-end property development Lake Las Vegas collapsed during the 2008 financial crisis, 31 funds that helped finance 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,...
Credit Insurers Stopped Backing Toys ‘R’ Us a Year Ago March 19, 2018 By Richa Naidu, Tracy Rucinski and Melissa Fares When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid...
U.S., Peabody Energy Agree to $43 Million Environmental Fund; Bankruptcy Plan Approved March 20, 2017 By Tracy Rucinski A U.S. judge formally approved Peabody Energy Corp.’s plan to emerge from bankruptcy late Friday after the coal producer struck...
West Virginia Regulator Sues Alpha Natural on Fraud Allegations November 18, 2016 By Tracy Rucinski West Virginia’s environmental regulator sued Alpha Natural Resources Inc’s former management on allegations of fraud on Wednesday, saying top executives...
Arch Coal Ends Self-Bonding, Agrees to Fund Future Mine Cleanups to Exit Bankruptcy September 13, 2016 By Tracy Rucinski U.S. coal miner Arch Coal has agreed to set aside collateral to cover future mine cleanup costs as part of...
U.S. Court Approves Clean-Up Deals, Executive Bonuses for Peabody September 6, 2016 By Jim Christie and Tracy Rucinski Bankrupt coal company Peabody Energy late last month won U.S. court approval for agreements with three states to partially cover...
U.S. Court Approves Clean-Up Deals, Executive Bonuses for Peabody August 19, 2016 By Jim Christie and Tracy Rucinski Bankrupt coal company Peabody Energy has won U.S. court approval for agreements with three states to partially cover $1.14 billion...
U.S. Regulator Vows Changes to Mine Cleanup Program August 18, 2016 By Tracy Rucinski A leading U.S. coal regulator announced plans on Tuesday to toughen what it called “out-of-date” rules for guaranteeing mine cleanups....