Pro Bankruptcy Newsletter News | Wall Street Journal

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  • Brickley’s Take: Alleged Indian Bank Fraud Reverberates in Jewelry Bankruptcies

    Bankruptcy examiner John Carney’s probe of the inner workings of an alleged $2 billion bank fraud in the case of Firestar Diamond Inc. is getting a hard look from creditors of Samuels Jewelers Inc.

  • Randles’s Take: Lucky Dragon Bankruptcy Puts EB-5 Investments in Limbo

    Aspiring immigrants who invested in the Lucky Dragon, an Asian-themed hotel and casino in Las Vegas, are alleging developers didn’t disclose a funding shortfall or significant loans that the troubled project took on before it fell into bankruptcy.

  • Corrigan’s Take: Netflix Says Relativity’s Bankruptcy Lawyers Are Conflicted

    Streaming giant Netflix Inc. says Winston & Strawn LLP must withdraw from chapter 11 case case

  • Scurria’s Take: Theranos Feeder Fund Investors Stumble on Fraud Claims

    Indirect investors in Theranos Inc. can’t sue the blood-testing startup as a group for alleged securities fraud under a court ruling their lawyer said could make it “prohibitively costly” for some to seek redress.

  • Stech’s Take: Law Professors Push Venue Reform Bill

    Top bankruptcy scholars are pushing federal lawmakers to pass a rule that would make major corporations file for bankruptcy closer to their headquarters, saying remote restructurings “defy common sense and may leave local citizens suspicious of the motives behind it.”

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