Boy Scouts Of America Reaches $850M Deal With 60,000 Victims Of Child Sex Abuse“After months of intensive negotiations, the debtors have reached resolution with every single official and major creditor constituency in these Chapter 11 cases,” BSA attorneys wrote.
NRA Head Says Organization Is 'Strong And Secure' After Losing Bankruptcy Petition In TexasThe head of the NRA sent an email to approximately 5 million members on May 19 trying to assure them that the organization remains "strong and secure" despite their recently dismissed petition for bankruptcy in North Texas.
Federal Judge Tosses Out NRA Bankruptcy CaseThe case was over whether the NRA should be allowed to incorporate in Texas instead of New York, where the state is suing in an effort to disband the group.
Closing Arguments End, Now NRA Move To Texas Hinges On If Dallas Judge Dismisses Bankruptcy CaseSome say the NRA is abusing the legal system to avoid being held accountable for their mismanagement. Others argue the gun-rights group wants to move from New York to Texas to reorganize out of Chapter 11.
During Testimony In Texas, NRA Chief Says He Didn't Tell Top Leaders Before BankruptcyWayne LaPierre, the embattled leader of the National Rifle Association, said on Wednesday that he had kept top leaders -- including board members, general counsel, and the CFO -- in the dark about a recent bankruptcy filing.
Former Texas Wholesale Electricity Provider Griddy Files For BankruptcyGriddy said it owes more than $29 million to ERCOT for power used last month.
Local Troops & Adventure Camps All A Part Of Boy Scouts Bankruptcy Reorganization PlanThe continued operation of local troops and national adventure camps are all a part of the Irving-based Boy Scouts of America bankruptcy reorganization plan.
Likely Texas-Bound NRA In Legal Battle For Its FutureThe National Rifle Association is moving forward with its bankruptcy case while fighting accusations it only sought Chapter 11 protection to avoid a potentially crippling lawsuit.
National Rifle Association Files For Bankruptcy, Announces Plan To Move To Texas"The plan can be summed up quite simply: We are DUMPING New York, and we are pursuing plans to reincorporate the NRA in Texas," said the NRA's Wayne LaPierre.
JCPenney Emerges From Chapter 11 BankruptcyThe retailer completed its sale to a pair of landlords - Brookfield Asset Management Inc. and Simon Property Group through a combination of cash and new term loan debt.
City Of Fort Worth Buying Pier 1 Headquarters, Will Be New City Hall In 2022Mayor Betsy Price said it will save tens of millions over building a new complex, where cost estimates were running above $200 million.
Bankruptcy Court Approves Sale Of JCPenneyPlano-based J.C. Penney is on course to emerge from bankruptcy by Thanksgiving, after a bankruptcy court approved its sale to its two largest landlords and its primary lenders.
JC Penney Sees Bankruptcy Protection Exit By ChristmasJ.C. Penney believes it will emerge from bankruptcy protection before Christmas under a new ownership agreement that would save tens of thousands of jobs.
Sex Abuse Victims Committee Wants Subpoenas Authorized For Boy Scouts RecordsThe Boy Scouts of America, based in Irving, Texas, sought bankruptcy protection in February in an effort to halt hundreds of individual lawsuits.
JC Penney Landlords Close To Buying Retailer Out Of BankruptcyPenney’s lawyer Josh Sussberg announced the tentative pact, which will save roughly 70,000 jobs, during a brief hearing in bankruptcy court Wednesday.