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Ruling opens a fresh chapter for resolving US tort cases
Decision allows group to use the manoeuvre to manage tens of thousands of claims that its baby talc caused cancer
Proposal revealed by court mediator comes after a judge rejected earlier deal
Business liquidations reach highest level since 1960, with small companies worst affected
Low levels of debt defaults have forced funds to adapt investing strategies
Legislators target ‘forum shopping’ as lawyers steer big cases to select cities
Businesses will continue to battle surging costs, supply chain woes and withdrawal of government support, say advisers
It is unfortunate that critics of the current system have not articulated a better one for the aggrieved
Sackler family was to make multibillion-dollar contribution in exchange for protection from lawsuits
Unions argue dividends taken by Apollo, Blackstone and KKR when Warrior exited bankruptcy came at workers’ expense
Satellite internet group has raised $2.7bn since rescue by UK government and India’s Bharti
World’s largest healthcare company uses unusual legal manoeuvre to contain talc-based baby powder liabilities
Abusive deployment of Chapter 11 protection can erode consumer confidence
Collapse is a critical test of Beijing’s handling of ‘too big to fail’ entities
A forecast wave of post-pandemic business failures should prompt an overhaul
Judge approves bankruptcy plan for opioid maker in which family will pay $4.5bn
Landmark lawsuit will be closely watched by payments group’s former shareholders, bondholders and lenders
Financial engineering will make workouts trickier than usual
Critics say concessions in case regarding the company diminishes accountability in overdose scandal
Business secretary promises ‘cautious approach’ on collection of tax arrears built up during pandemic
Washington Prime’s shares sank, but its bonds traded up — a sign of first-mover advantage
Restructuring experts predict another wave of problems for many businesses that took government support
Construction start-up had borrowed from collapsed Greensill Capital
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