The concurrent budget resolution for Fiscal Year (FY) 2025 has been adopted by both the House and Senate. It includes reconciliation instructions that set up trillions of dollars in additional ...

Suppliers, vendors and other unsecured creditors of Forever 21 are "getting smoked" under a restructuring plan that envisions ...

Brex explores how the right combination of technology, policy design, and process optimization can transform expense management from a necessary burden into a strategic advantage.

When history is weaponised in the form of revisionism, especially with an intent to restore a perceived lost glory or correct ...

TORONTO — An Ontario judge has rejected a Hudson’s Bay restructuring agreement, increasing the likelihood that lenders may seek to push the company into receivership.

FTX, embroiled in a lengthy bankruptcy since November 2022, is set to commence its first repayments to major creditors on May 30, utilizing $11.4 billion in reserve cash. Despite an overall potential ...

Credit where it is due. Over the nine years that followed, Mr. Trudeau contributed more to reconciliation than any prime minister in Canada’s history. His government’s final months tell some ...

Terraform Labs is launching a claims portal for creditors who suffered losses from the TerraUSD token collapse and subsequent events that led to the companies’ bankruptcy, according to a Friday ...

Former cryptocurrency firm FTX will start paying its main creditors at the end of May using a cash hoard of $11.4 billion the company has collected since its shut down. Although minor creditors ...

(Kendra Seguin/CBC News) Young voters said they would also like to see candidates make continued efforts toward reconciliation. "History continues to repeat itself unless we learn from it ...

The complex auction meant to repay 18 creditors for debt defaults and expropriations by Venezuela and state oil company PDVSA was relaunched in January after a year-long bidding process ended in ...

Republicans are trying to pass their tax cut, border enforcement and energy production bill through a procedure called budget reconciliation. The process has become the norm in recent decades for ...