USA Gymnastics believes that the Bankruptcy Court is the best forum in which to implement appropriate procedures to equitably determine and allocate the insurance proceeds among claimants, allowing compensation to survivors to proceed more quickly than litigation filed in multiple courts around the country.In USA Gymnastics Files for Bankruptcy as it Seeks to Resolve Sexual Abuse Claims
Normally businesses like this fail and get sold off in pieces in bankruptcy.In Sears' CEO Blames the Media for Company's Decline — but his Obsession with Wall Street set it up for Failure
The PG&E bankruptcy, while expected, has far-ranging implications beyond just California ratepayers.In PG&E, the Nation’s Biggest Utility Company, Files for Bankruptcy After California Wildfires