By Rick Archer (July 9, 2024, 7:55 PM EDT) -- Purdue Pharma told a New York bankruptcy judge Tuesday that it plans a two-month "high-speed, high-stakes" attempt to replace the Chapter 11 plan shot down by the U.S. Supreme Court last month before unleashing litigation on its former owning … [Read more...]
Fifth Third Bank illegally seized people’s cars after overcharging them, feds say | Warren & Migliaccio
The Consumer Financial Protection Bureau (CFPB) slapped Fifth Third Bank with a $20 million fine on Tuesday for allegedly forcing auto loan customers to buy unnecessary car insurance policies, and in some cases repossessing their vehicles when they defaulted."The CFPB has caught Fifth Third Bank … [Read more...]
Angry creditors want Giuliani’s assets taken out of his control | Warren & Migliaccio
By Katelyn Polantz, CNN (CNN) — A group of angry creditors will face-off against Rudy Giuliani in bankruptcy court on Wednesday, where they have asked a judge to put his finances under the control of an independent trustee in order to lock down his assets and begin to collect what they’re … [Read more...]
Save up to 19% on Samsung tablets on Amazon ahead of Prime Day | Warren & Migliaccio
Samsung Finding an affordable tablet that ticks all the boxes can be frustrating. You don't want to spend the same amount you'd spend on an iPad. And you don't want to buy a laptop for something you could use a tablet for. Your best bet? Finding a great … [Read more...]
Number of passenger complaints continue to soar at these 3 airlines | Warren & Migliaccio
Three of the most budget-friendly airlines in the U.S. generated the highest rate of passenger complaints, an analysis from the U.S. Public Interest Research Group (PIRG) finds.Researchers at PIRG examined airline passenger complaint data released by the U.S. Department of Transportation last Friday … [Read more...]
5 expert-driven tips for paying off $30,000 in credit card debt | Warren & Migliaccio
There are a few ways to pay off $30,000 (or more) in credit card debt, experts say. Getty Images Over the last couple of years, issues with persistent inflation have sparked an increase in the price of … [Read more...]
Giuliani’s Creditors Call Ch. 7 Conversion Bid A ‘Delay Game’ – Law360 | Warren & Migliaccio
By Lauren Berg (July 8, 2024, 9:29 PM EDT) -- Rudy Giuliani's unsecured creditors in his Chapter 11 case on Monday slammed the former New York City mayor's bid in New York bankruptcy court to convert the proceedings to a liquidation, saying the move is just another part of his "delay game" to avoid … [Read more...]
Purdue Creditors Look To Sue Sacklers After Justices’ Ruling – Law360 | Warren & Migliaccio
By Vince Sullivan (July 8, 2024, 8:00 PM EDT) -- The official committee of unsecured creditors in the Chapter 11 case of drugmaker Purdue Pharma asked a New York bankruptcy judge on Monday for standing to bring actions against members of the Sackler family that own the company after the U.S. … [Read more...]
Bus Co. Coach Gets $8M Stalking-Horse Bid For More Assets – Law360 | Warren & Migliaccio
By Ben Zigterman (July 8, 2024, 6:39 PM EDT) -- An industrial transportation provider submitted a roughly $8 million stalking-horse offer for some of the remaining assets of intercity bus operator Coach USA, as the insolvent company seeks to sell more of its assets while in Chapter 11 in … [Read more...]
Romance Writers Group Can Go Ahead With Ch. 11 Plan – Law360 | Warren & Migliaccio
By Emlyn Cameron (July 8, 2024, 5:05 PM EDT) -- A Texas bankruptcy judge on Monday allowed Romance Writers of America to move forward with its bankruptcy plan in the trade association's streamlined Chapter 11 case, noting that there were no objections to confirming the … [Read more...]
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