Articles

  • 1 day ago | wsj.com | Akiko Matsuda

    A student housing operator in Georgia filed for bankruptcy after defaulting on roughly $520 million in municipal bonds as it struggled with rising costs and declining revenue. Corvias Campus Living-USG, a Georgia unit of military and student housing operator Corvias, said bankruptcy was necessary to keep bondholders from sweeping funds from its bank accounts, according to court papers filed Wednesday with the U.S. Bankruptcy Court in Wilmington, Del. Copyright ©2025 Dow Jones & Company, Inc.

  • 3 weeks ago | wsj.com | Akiko Matsuda

    Exactech’s plan would include a litigation trust, allowing injury claimants to seek damages from TPGJune 2, 2025 8:37 pm ET|WSJ ProExactech is negotiating a new chapter 11 exit plan that would allow those who were allegedly harmed by defective joint replacement implants from the company to pursue legal claims against its private-equity owner TPG.

  • 1 month ago | wsj.com | Andrew Scurria |Akiko Matsuda |Patrick Thomas |Alexander Gladstone

    The agricultural giant is preparing to place its U.S. subsidiary Monsanto in bankruptcy if a settlement with tort plaintiffs failsMay 15, 2025 6:46 pm ET|WSJ ProBayer is making another push to resolve lawsuits linking the popular weedkiller Roundup to cancer, while exploring a bankruptcy filing for its Monsanto agriculture business in case the settlement plan fails, according to people familiar with the matter.

  • 1 month ago | wsj.com | Soma Biswas |Akiko Matsuda

    The Philadelphia-based chain entered bankruptcy again to seek buyers for its assetsMay 5, 2025 6:30 pm ET|WSJ ProRite Aid filed for bankruptcy on Monday, its second chapter 11 filing within two years, to look for buyers for its assets. The Philadelphia-based chain shut down hundreds of stores in its last bankruptcy, resolved government and private lawsuits over its opioid prescriptions, and handed control of the business to bondholders.

  • 1 month ago | wsj.com | Akiko Matsuda

    ‘Collect now, pay later’ insurance model at Berkshire’s National Indemnity didn’t account for rise in talc-related lawsuitsMay 2, 2025 6:00 am ET|WSJ ProWarren Buffett’s Berkshire Hathaway did well for itself over the years by taking responsibility for other companies’ asbestos-related liabilities, betting that it could grow assets faster than it would have to pay out injury claims.

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Akiko Matsuda
Akiko Matsuda @AskAkiko
2 May 25

[My latest] The “collect now, pay later” insurance model at Berkshire’s National Indemnity didn’t account for the rise in talc-related lawsuits #bankruptcy https://t.co/CxeixMIVvv via @WSJ

Akiko Matsuda
Akiko Matsuda @AskAkiko
24 Apr 25

Ukraine Fails To Reach Debt Restructuring Agreement, Faces Default Risk https://t.co/ALIhoPe129 via @WSJ @gladstonea

Akiko Matsuda
Akiko Matsuda @AskAkiko
10 Apr 25

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