Jodi Xu Klein
Deputy Bureau Chief, WSJ Pro at The Wall Street Journal
Deputy Bureau Chief, WSJ Pro, Wall Street Journal. Tweet about bad debt and great tennis. Ex @bloomberg @TIME Tip: [email protected]
Articles
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1 month ago |
createsend.com | Jodi Xu Klein
Good day and welcome to WSJ Pro Bankruptcy's Daily Briefing. It's Monday, April 14. In today's briefing, Byju’s secretly moved more than $500 million out of the U.S. through a little-known hedge fund to evade lenders. And Scania acquired Northvolt’s heavy industry business through a deal finalized during Northvolt’s bankruptcy proceedings.
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1 month ago |
wsj.com | Alexander Gladstone |Jodi Xu Klein
At Home Group is exploring a potential bankruptcy filing as the home-furnishings chain continues to struggle with generating sufficient earnings to meet its debt obligations, according to people familiar with the matter. The Plano, Texas-based company is also evaluating other debt restructuring options as an alternative to bankruptcy, the people said. At Home is negotiating with landlords and creditors about how to restructure roughly $2 billion of debt, they said.
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1 month ago |
createsend.com | Jodi Xu Klein
Good day and welcome to WSJ Pro Bankruptcy's Daily Briefing. It's Friday, April 4. In today's briefing, top-grossing U.S. law firm Kirkland & Ellis is negotiating with the White House to avoid being hit by a potential executive order targeting major legal players.
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1 month ago |
createsend.com | Jodi Xu Klein
Good day and welcome to WSJ Pro Bankruptcy's Daily Briefing. It's Thursday, April 3. In today's briefing, Venezuela bondholders may recover funds through the $3.7 billion auction of Citgo, led by Red Tree Investments, allowing them to swap defaulted debt for new securities. A small shareholder is launching a proxy fight at WeightWatchers’ parent company, seeking board seats and major cost cuts as the company pivots to weight-loss drugs in the midst of a steep stock decline, sources said.
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1 month ago |
createsend.com | Jodi Xu Klein
Good day and welcome to WSJ Pro Bankruptcy's Daily Briefing. It's Wednesday, April 2. In today's briefing, the court's rejection of Johnson & Johnson's $8 billion bankruptcy plan underscores the increasing legal resistance to using Chapter 11 for mass tort settlements. And Sunnova has appointed an investment banker at JPMorgan Chase as interim CFO while negotiating a debt restructuring with creditors, and announced it missed an interest payment on its $400 million in senior notes.
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BRG Data Breach Fallout; Wolfspeed Mulls Bankruptcy. Read more at https://t.co/ARSxCsVJKe #bankruptcy https://t.co/yXBi1RE6mp
BRG Data Breach Fallout; Wolfspeed Mulls Bankruptcy. Read more at https://t.co/ARSxCsVJKe #bankruptcy
Hack exposes records in Catholic Church bankruptcy cases across the U.S. that contain information about sex-abuse victims. @angusloten https://t.co/r3rRJJSJkV via @WSJ #CyberSecurity #bankruptcy