Bankruptcy

Puerto Rico Exits Bankruptcy After Grueling $70 Billion Debt Negotiation

The government completed the largest public debt restructuring in U.S. history Tuesday after announcing nearly seven years ago that it was unable to pay.
By AP

Boy Scouts Reach $850 Million Settlement Over Sexual Abuse Claims

At least 88,000 former Scouts have come forward with claims of abuse, which led the group to declare bankruptcy last year.
By 

Judge Rejects NRA Bankruptcy Bid; Twitter Users Offer 'Thoughts And Prayers'

A lot of sarcastic sympathy was extended to the gun lobbying group.
By 

Judge Rejects NRA's Bid To Move To Texas As New York AG Closes In

The National Rifle Association sought to move its operations to Texas from New York.
By 

John Oliver Exposes How People In Debt Keep Getting Screwed -- And How To Fix it

The "Last Week Tonight" host says bankruptcy isn't set up to help those who need it.
By 

NRA's Wayne LaPierre Hid On Yacht Following Sandy Hook, Parkland School Shootings

"Thank God I'm safe, nobody can get me here," LaPierre recalled thinking after he fled to a private yacht in the wake of the shootings.
By 

Boy Scouts Of America To Sell Off Norman Rockwell Art To Pay Sex-Abuse Claims

The paintings, which the BSA said it commissioned during a 64-year relationship with the late painter, aim to help fund a $300 million victims fund.
By 

NRA Unveils 'New Strategic Plan': Filing For Bankruptcy

The National Rifle Association said it plans to restructure in Texas as it faces a mountain of legal challenges.
By 

At Least 88,000 Sex Abuse Claims Filed Against Boy Scouts Of America

The number far exceeds the initial projections of lawyers who have been signing up clients since the Boy Scouts filed for bankruptcy protection in February.
By David Crary, AP

Ruby Tuesday, Hit By COVID-19 Closures, Files For Bankruptcy

The Tennessee-based company has 250 company-owned and franchised restaurants in the U.S., Canada and nine other countries.
By Dee-Ann Durbin, AP