A Texas Two-Step Bankruptcy helps companies manage legal liabilities. Discover its process, criticisms, and a detailed ...

Companies facing financial distress use a variety of strategies to avoid bankruptcy. They often focus on cutting costs, restructuring debt, and improving cash flow to stabilize their operations.

Learn about bankruptcy risk, why firms face insolvency, and how to reduce this risk with strategic financial planning and ...

Johnson & Johnson lost its bid in a federal appeals court to revive a plan to settle tens of thousands of talc cancer lawsuits by placing a subsidiary into bankruptcy. The ruling Thursday upheld a ...

MONTGOMERY, Ala.--(BUSINESS WIRE)--Attorneys representing ovarian cancer victims who are suing Johnson & Johnson (NYSE: JNJ) warn that J&J’s declared bankruptcy strategy to end talc litigation will ...

Andrew Scurria runs the team that covers financial distress and debt restructuring for The Wall Street Journal and WSJ Pro Bankruptcy. He is based in New York and can be reached at ...

Between faltering financial results, lay-offs, and rating downgrades, the odds of viability are stacked against the company. While the financial outlook for larger, for-profit hospitals and health ...