Managing Inherited Art: Your Options and Best Practices Inherited art often carries emotional, aesthetic, and financial value. Yet, it also brings a heavy responsibility. You can keep, donate, or sell the artwork. No matter the choice, ensure the art is insured, stored, and transported properly. … [Read more...]

Employee stock ownership plan - A versatile business exit and estate planning tool - If you own a closely held business, a significant portion of your wealth may be tied up in it. So, to prepare for retirement and provide for your loved ones, you need an exit plan. One option, if your business is a … [Read more...]

After months of uncertainty around the future of Steward Health Care, the company’s hospitals are set to be sold at a series of auctions this summer. But the sales process is off to a rocky start, and public officials and health care leaders are growing concerned that not all of Steward’s hospitals … [Read more...]

Rudolph W. Giuliani told a bankruptcy court on Monday that he would like to have his assets sold to pay his creditors, including two Georgia election workers he defamed in his efforts to keep former President Donald J. Trump in office after the 2020 election. Mr. Giuliani asked the bankruptcy … [Read more...]

NEW YORK — Chicken Soup for the Soul Entertainment, the parent of DVD rental operator Redbox, has filed for Chapter 11 bankruptcy protection. The bankruptcy filing comes after months of a series of financial struggles for the company and piling unpaid bills. Chicken Soup for the Soul has … [Read more...]

After the Supreme Court struck down a controversial bankruptcy plan from Purdue Pharma, the maker of OxyContin, those who sued the drug company were left uncertain about when promised funds would be available to combat addiction and other damage from the ongoing drug epidemic. The ruling upended a … [Read more...]

WASHINGTON — The Supreme Court said Thursday that members of the Sackler family cannot be shielded from liability for civil claims related to the opioid epidemic, jeopardizing a bankruptcy plan that would have offered such protection in exchange for channeling billions of dollars toward addressing … [Read more...]

The Department of Justice (DOJ) has advised the Administrative Office of the U.S. Courts that it has no funds available to transfer to the Judiciary to make additional payments to eligible chapter 7 bankruptcy trustees for fiscal year 2023. Trustees interested in receiving the additional payments … [Read more...]