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Bankruptcy

Business

Boy Scouts Of America Files For Bankruptcy

February 18, 2020 By News Staff 0

IRVING, TX – The Boy Scouts of America has filed for bankruptcy. The youth organization filed on Tuesday as it faces a wave of sexual abuse lawsuits. It listed its assets between $1 billion and …

News

Roman Catholic Diocese Of Buffalo: Bankruptcy Imminent

January 31, 2020 By The Associated Press 0

BUFFALO — The Roman Catholic Diocese of Buffalo faces near certain bankruptcy after posting a $5 million loss in 2019, and with a barrage of lawsuits from the clergy misconduct scandal still pending, according to …

Business

A New York Diocese Filed For Bankruptcy. Will Others Follow?

September 23, 2019 By The Associated Press 0

BUFFALO — The Roman Catholic Diocese of Rochester was the first in New York to seek bankruptcy protection under the weight of new sexual misconduct lawsuits, but lawyers and church leaders say it may not …

Business

Purdue Pharma Begins Chapter 11 Bankruptcy Journey

September 17, 2019 By The Associated Press 0

NEW YORK — Purdue Pharma gets its day in court Tuesday after the OxyContin maker filed for bankruptcy and negotiated a potential multi-billion dollar settlement to resolve thousands of lawsuits. An initial hearing will be …

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