Akiko Matsuda
Bankruptcy Reporter at The Wall Street Journal
Reporter covering bankruptcy and restructuring @wsj. Previous: @trdny @bagehots @lohud @columbiajourn. Send tips to: [email protected]
Articles
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1 week ago |
wsj.com | Akiko Matsuda |Becky Yerak
Claimants argue that the defunct talc supplier—which is owned by the solvent Minerals Technologies—no longer has any business to reorganizeApril 14, 2025 6:00 am ET|WSJ ProA defunct talc-mining subsidiary of a global minerals supplier will make its case Monday for remaining in chapter 11 against personal injury claimants who argue it has no right to bankruptcy protection because it has no business to reorganize.
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2 weeks ago |
wsj.com | Akiko Matsuda
The direct-mail company’s Prize Patrol gained fame delivering oversize checks with TV cameras runningApril 9, 2025 8:25 pm ET|WSJ ProPublishers Clearing House, a direct-to-consumer marketing company known for its Prize Patrol sweepstakes, filed for bankruptcy Wednesday to restructure its balance sheet and shed costs from legacy direct mail and e-commerce businesses.
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2 weeks ago |
wsj.com | Akiko Matsuda
PCH sweepstakes continue to attract millions of contestants, allowing PCH to earn revenue by selling digital advertising through its web and app-based platforms, it said in court papers filed with the U.S. Bankruptcy Court in New York. The company’s initial business line was to solicit subscribers to various magazines by a single direct mail offer, calling it a “carpool for publishers.” When a consumer chose to subscribe through its mailing, PCH would get a commission on the sale.
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2 weeks ago |
wsj.com | Akiko Matsuda
The examiner was appointed following a request from an activist shareholder to look into an investigation conducted by an independent directorApril 7, 2025 7:31 pm ET|WSJ ProBankrupt crypto-bank owner Silvergate Capital’s investigation into its top officers was tainted by conflicts of interest, a court-appointed examiner said.
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3 weeks ago |
wsj.com | Akiko Matsuda |Alexander Gladstone
A judge’s rejection of J&J’s third bankruptcy filing marks the latest setback for personal-injury defendants’ use of chapter 11April 1, 2025 8:03 pm ET|WSJ ProThe decision Monday by Houston bankruptcy Judge Christopher Lopez means that chapter 11 may no longer be a viable option for J&J.
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Publishers Clearing House, a direct-marketing company known for its sweepstakes, filed for #bankruptcy to restructure its balance sheet and shed costs from legacy businesses https://t.co/7VBw7bKa79 via @WSJ
A bankruptcy judge dismissed Johnson & Johnson’s third attempt to resolve its mass talc-related liabilities through chapter 11 https://t.co/XKXBETlrDN via @WSJ #bankruptcy
A federal judge said JPMorgan Chase must face a lawsuit accusing the bank of colluding with owners of the American Dream mall to destroy junior lenders’ rights to repayment on a $300 million loan https://t.co/GQwHD0mefw via @WSJ #distress