Articles

  • 1 week ago | wsj.com | Andrew Scurria

    The Indian ed-tech startup sent more than half a billion dollars to a hedge fund that it reported as available cash, court records showApril 11, 2025 10:18 am ET|WSJ ProWhen Indian education-technology company Byju’s was ordered last year to freeze over $500 million as part of a U.S. court battle with its lenders, it said the funds were safely within the business.

  • 1 week ago | createsend.com | Andrew Scurria

    Good day and welcome to WSJ Pro Bankruptcy's Daily Briefing. It's Friday, April 11. In today's briefing, a federal judge pulled cases involving former bankruptcy judge David R. Jones from the Houston court where he once presided. Elsewhere, At Home Group is nearing a bankruptcy filing, Prospect Medical is preparing to shut down its Pennsylvania hospitals and more law firms are cutting deals with the Trump administration.

  • 2 weeks ago | createsend.com | Andrew Scurria

    Good day and welcome to WSJ Pro Bankruptcy's Daily Briefing. It's Wednesday, April 9. In today's briefing, a behind-the-scenes look at how Elon Musk turned his purchase of X from a money-loser into a winner. And Clifford Chance continued building out its U.S. bankruptcy presence. How Elon Musk rescued X from the brink. The billionaire has famously said he never lost money for investors, but for a long time, it looked like he was going to with X.

  • 2 weeks ago | wsj.com | Andrew Scurria

    At least 10 asbestos bankruptcy trusts are moving to delete records that have helped defend against injury claims April 3, 2025 5:53 pm ET|WSJ ProLawyers representing asbestos defendants—including Johnson & Johnson, Dow, Rohm and Haas, and Georgia-Pacific—sent private letters earlier this week to the administrators of multibillion-dollar compensation trusts created from bankrupt asbestos manufacturers, demanding that records and data be preserved. Copyright ©2025 Dow Jones & Company, Inc.

  • 1 month ago | createsend.com | Andrew Scurria

    Good day and welcome to WSJ Pro Bankruptcy's Daily Briefing. It's Wednesday, February 26. In today's briefing, the legalized marijuana industry's hard times are catching up to its private lenders. And in Europe, Altice France reached one of the largest-ever liability management transactions. Cannabis buzz is wearing off for industry’s private lenders.

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Andrew Scurria
Andrew Scurria @AndrewScurria
4 Apr 25

Rite Aid is exploring a repeat bankruptcy filing after emerging from chapter 11 last year, exclusive by @gladstonea @SomaBisWSJ https://t.co/9rCRxXCSLC

Andrew Scurria
Andrew Scurria @AndrewScurria
7 Mar 25

RT @jodixu: Hudson’s Bay, the Canadian department store chain founded in 1670, is preparing for a bankruptcy filing within days, people fam…

Andrew Scurria
Andrew Scurria @AndrewScurria
4 Mar 25

Are you still a believer in pro rata treatment among creditors? Because in 2025 it’s marginal, right? https://t.co/y2m4W3xbul