The word “inequality” is much in vogue these days. We hear almost daily about the inequality of wealth, income and wages between the richest top 2 or 3 percent of people and the majority of the ...

WASHINGTON, April 12 (Reuters) - Global creditors, debtor nations and international financial institutions on Wednesday agreed ways to jumpstart and streamline long-stalled debt restructuring efforts, ...

Reports have emerged that Purdue Pharma is in settlement talks to resolve thousands of federal and state lawsuits over its role in fueling the opioid epidemic. As part of the reported settlement, the ...

After nearly a decade of default limbo, the U.S. removal of Venezuela's Nicolas Maduro has turned debt restructuring from a ...

Analysts estimate that Venezuela has about $60 billion of defaulted bonds outstanding. However, total external debt including ...

Limited liability companies, like partnerships both general and limited, are fundamentally creatures of contract law. The members agree with each other as to the business to be conducted by the LLC, ...

A lot of folks in California, including probably a majority of professional legal and financial advisors, seem to think that Individual Retirement Accounts (IRAs) are either completely or partially ...

Discover who preferred creditors are, how they get prioritized in bankruptcies, and examples of types like employees and tax authorities.

Taking the stand in his own defense Wednesday in a Dallas bankruptcy court, a former real estate developer from Northwest Arkansas said he never intended to deceive his creditors and revealed he had ...