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Health Diagnostic Laboratory Files for Bankruptcy
“Bankruptcy frequently allows health-care firms to negotiate a better settlement on these kind of claims,” Sam Maizel, a Los Angeles bankruptcy lawyer at the Pachulski Stang Ziehl & Jones law firm. HDL didn't respond to questions about whether it would …
Read more on Wall Street Journal

Puerto Rico Debt Crisis Mounts With Key Deadline Just Week Away
Miranda, the attorney general for the island of 3.5 million people, called for congressional action to help the commonwealth, including allowing it to be treated as a state under Chapter 9 of the bankruptcy code. That would allow some Puerto Rico …
Read more on Bloomberg

Texas Sues Over RadioShack Gift Cards
Don't mess with Texas—especially not with its shoppers. As we reported, Texas Attorney General Ken Paxton on Thursday sued RadioShack in bankruptcy court over approximately $ 43 million in unused gift cards. In the lawsuit, Mr. Paxton says the retailer …
Read more on Wall Street Journal (blog)

How a Student Loan Bill Can Go From K to 6K
For example: A Connecticut attorney's student loan debt from law school has more than doubled since he stopped making payments in 2001, and a federal judge has ordered him to repay the higher amount, reports the Connecticut Law Tribune. According to …
Read more on TIME

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