CBS News has learned federal authorities in Boston have opened a criminal investigation into Steward Health Care, a company that owns dozens of hospitals nationwide, including nine in Massachusetts, according to two people familiar with the matter. Steward, which is based in Dallas, recently filed … [Read more...]
Prime Time in Big 12: Colorado coach Deion Sanders says he is ‘judged on a different scale’ – WTOP News | Warren & Migliaccio
LAS VEGAS (AP) — Colorado coach Deion Sanders said Wednesday at his first Big 12 media days appearance that he has to operate under an entirely different umbrella when it comes to expectations. The Pro Football Hall of Fame player is going into his second season coaching in a power conference. “I’m … [Read more...]
Rite Aid, DOJ Craft $410M Settlement Of Opioid Sale Claims – Law360 | Warren & Migliaccio
By Emlyn Cameron (July 10, 2024, 10:46 PM EDT) -- Rite Aid agreed to a nearly $410 million settlement with the U.S. Department of Justice, the bulk of which will be an unsecured claim in the company's Chapter 11 case, that will put to bed allegations the pharmacy chain dispensed opioids illegally, … [Read more...]
Synapse Credit’s Finance Lending License Pulled In California – Law360 | Warren & Migliaccio
By Craig Clough (July 10, 2024, 10:37 PM EDT) -- The California Department of Financial Protection and Innovation on Wednesday revoked the financing lending license of Synapse Credit LLC, a subsidiary of Synapse Financial Technologies, whose April bankruptcy resulted in thousands of customers losing … [Read more...]
Acquitted Fla. Atty’s Bankruptcy Case Converted to Ch. 7 – Law360 | Warren & Migliaccio
By David Minsky (July 10, 2024, 10:03 PM EDT) -- A Florida federal bankruptcy judge denied a request Wednesday by an attorney who was acquitted last year in a billion-dollar medical fraud scheme to dismiss his Chapter 11 case and instead converted it to Chapter 7 proceedings, saying the debtor has … [Read more...]
Judge may end Giuliani’s bankruptcy, exposing him to lawsuits | Warren & Migliaccio
new york — A U.S. judge on Wednesday said he would likely end bankruptcy for Rudy Giuliani, a onetime lawyer for former President Donald Trump. The move would enable lawsuits against Giuliani for defamation, sexual harassment and other claims to proceed in other courts. U.S. Bankruptcy Judge … [Read more...]
MOD Pizza announces new owner in attempt to stave off bankruptcy | Warren & Migliaccio
By Ramishah Maruf, CNN New York (CNN) — MOD Pizza, the fast-casual chain where diners can customize individual pizza pies, announced a new owner Wednesday in a move that could prevent or delay a bankruptcy filing. Elite Restaurant Group has acquired MOD, though terms of the deal were not … [Read more...]
Redbox Parent To Liquidate After ‘Train Wreck’ Mismanagement – Law360 | Warren & Migliaccio
By Alex Wittenberg (July 10, 2024, 5:31 PM EDT) -- Attorneys for the parent of Redbox Entertainment on Wednesday told a Delaware bankruptcy judge that "massive mismanagement" of the DVD rental company had left them with no choice but to ask for conversion of the Chapter 11 case to a Chapter 7 … [Read more...]
This midsize Northeast city has the fastest growing rent in the nation | Warren & Migliaccio
Hartford, Connecticut — home to the Mark Twain House, the nation's oldest active newspaper and several giant insurers — is also where you'll find the fastest growing rent in the U.S.Typical rent in the Northeast city, which is $1,871 a month as of July, has skyrocketed 7.8% year over year, according … [Read more...]
Bang Energy Drink Co. Ex-CEO Urges DQ Of Ch. 11 Judge – Law360 | Warren & Migliaccio
By David Minsky (July 10, 2024, 4:55 PM EDT) -- The former CEO of the company that makes Bang energy drinks urged the disqualification of a Florida federal bankruptcy judge and called for an investigation, alleging that the judge committed misconduct in the company's Chapter 11 case, according to a … [Read more...]
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