Ten years after becoming the largest American city to file for bankruptcy, Detroit is stepping up code enforcement and sprucing up parks. The new moment carries risks, too.
Tag: Bankruptcies
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The Super Connector Who Built Sam Bankman-Fried’s Celebrity World
Michael Kives, a former Hollywood agent, connected FTX’s founder to Katy Perry, Orlando Bloom, Bill Clinton and others. His firm got $700 million in exchange, a lawsuit claims.
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Overstock.com Wins $21.5 Million Bid for Bed Bath & Beyond’s Assets
If the acquisition is approved at a court hearing next week, the company will own the intellectual property of the bankrupt home goods retailer.
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An Appeals Court Gave the Sacklers Legal Immunity. Here’s What the Ruling Means.
In return for the shield, the billionaire owners of Purdue Pharma are committed to paying up to $6 billion to help compensate communities and individuals for the ravages of the opioid epidemic.