Law Office of Timothy P. Smith

08/11/2023

The U.S. Supreme Court on Thursday agreed to hear a challenge by President Joe Biden's administration to the legality of OxyContin maker Purdue Pharma's bankruptcy settlement, putting on hold a deal that would shield its wealthy Sackler family owners from lawsuits over their role in the country's op...

06/26/2023

The corporate default rate is up and rising as interest rates remain elevated, making it more expensive for companies to refinance debt.

04/21/2023

Judge Michael Kaplan's decision is part of J&J's second attempt to settle tens of thousands of talc-cancer cases in bankruptcy proceedings.

03/17/2023

CFPB weighs in after years of borrowers arguing in court that their loans are eligible to be discharged in bankruptcy

01/20/2023

Genesis, the crypto lender owned by DCG, filed for bankruptcy protection, the latest collapse to follow FTX's implosion in November.

01/18/2023

Retailer Party City has filed for Chapter 11 bankruptcy protection, toppled by a heavy debt load as inflation hits consumers' wallets and dents sales.

01/14/2023

https://www.cbssports.com/nfl/news/ftx-collapse-tom-brady-robert-kraft-among-investors-set-to-be-wiped-out-in-crypto-exchanges-bankruptcy/

Brady and Kraft are among the high-profile investors whose FTX shares are expected to become virtually worthless

01/05/2023

The embattled home goods retailer said it is struggling to attract customers and drive sales.

12/27/2022

Federal prosecutors are investigating an alleged cybercrime that drained more than $370 million out of FTX just hours after the cryptocurrency exchange filed for bankruptcy last month.

12/21/2022

Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for bankruptcy protection.

12/07/2022

There is just one Bertucci’s restaurant left in New Hampshire after two more restaurants in the state abruptly closed Monday.