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Search resuls for: "Akiko Matsuda"


22 mentions found


☆ WeWork Plans to File for Bankruptcy as Early as Next Week
  + stars: | 2023-10-31 | by ( Alexander Gladstone | Akiko Matsuda | Andrew Scurria | ) www.wsj.com   time to read: 1 min
WeWork said Tuesday it entered into a seven-day forbearance agreement with its noteholders after skipping interest payments earlier this month. Photo: Ted Shaffrey/Associated PressWeWork is planning to file for bankruptcy as early as next week, according to people familiar with the matter, in what would mark a stunning reversal for the flexible-office-space venture that was once valued at $47 billion. New York-based WeWork is considering filing a chapter 11 petition in New Jersey, the people said.
Persons: WeWork, Ted Shaffrey Locations: New York, New Jersey
☆ Top Bankruptcy Judge’s Exit Shakes Houston Hub He Built
  + stars: | 2023-10-19 | by ( Alexander Gladstone | Andrew Scurria | Akiko Matsuda | ) www.wsj.com   time to read: 1 min
U.S. Bankruptcy Judge David R. Jones resigned from the Southern District of Texas bench on Sunday. Photo: reuters tv/ReutersJudge David R. Jones became the nation’s leading bankruptcy judge by making his court an attractive place for troubled businesses to face their creditors. His sudden departure over a previously undisclosed romantic relationship taints that legacy. Jones turned his Houston courtroom into the top landing spot for big bankruptcies over the past decade by appealing to corporate management teams and their high-priced advisers. He handled more major corporate bankruptcies than any other judge in recent years, including department stores JCPenney and Neiman Marcus and oil-and-gas driller Chesapeake Energy .
Persons: David R, Jones, Neiman Marcus Organizations: Southern, Southern District of, reuters, Reuters, JCPenney, Chesapeake Energy Locations: Southern District, Southern District of Texas, Houston
☆ Bankruptcy Judge Jones to Stop Handling Major Cases After Relationship With Lawyer Revealed
  + stars: | 2023-10-14 | by ( Alexander Gladstone | Akiko Matsuda | Becky Yerak | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/bankruptcy-judge-jones-to-stop-handling-complex-cases-after-relationship-with-lawyer-revealed-fad88b0c
Persons: Dow Jones, fad88b0c
☆ Bankruptcy Judge Jones to Stop Handling Complex Cases After Relationship With Lawyer Revealed
  + stars: | 2023-10-13 | by ( Alexander Gladstone | Akiko Matsuda | Becky Yerak | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/bankruptcy-judge-jones-to-stop-handling-complex-cases-after-relationship-with-lawyer-revealed-fad88b0c
Persons: Dow Jones, fad88b0c
☆ WeWork Looks to Renegotiate Most of Its Leases as It Fights to Survive
  + stars: | 2023-09-06 | by ( Akiko Matsuda | Alexander Saeedy | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
Organizations: Wall Street
☆ Alexander Saeedy — Reporter at The Wall Street Journal
  + stars: | 2023-08-17 | by ( Alexander Saeedy | Jess Bravin | Ben Glickman | ) www.wsj.com   time to read: +1 min
Alexander SaeedyAlexander Saeedy covers credit markets, financial distress and sovereign debt for WSJ Pro Bankruptcy and The Wall Street Journal. He specializes in investigating and reporting on the finances of companies and countries who are struggling to pay their bills or facing unprecedented financial pressure. His stories have led him to investigate far-flung corners of financial markets, where he has written about collapsed cryptocurrency companies, emerging-market economies pummeled by global inflation, and multibillion-dollar deals gone wrong on Wall Street. Alex graduated with cum laude honors from Yale University in 2015 with a bachelor’s degree and master’s degree in history, with a concentration in modern economic history. He relocated to New York in 2018, and before joining the Journal, he covered distressed debt, leveraged finance and real estate in New York for Reorg Research and S&P's LCD.
Persons: Alexander Saeedy Alexander Saeedy, Alex Organizations: Pro, Street, Yale University, Overseas Press Club, Reuters News, Atlantic, Foreign Affairs, Reorg Research Locations: Brussels, New York
☆ WeWork Taps Directors With Bankruptcy Chops After Board Resignations
  + stars: | 2023-08-09 | by ( Alexander Gladstone | Akiko Matsuda | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
Organizations: Wall Street
☆ California Nonprofit Hospitals Turn to Bankruptcy for Leverage Against State
  + stars: | 2023-07-30 | by ( Akiko Matsuda | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
Organizations: Wall Street
☆ Johnson & Johnson’s Second Talc Bankruptcy Case Thrown Out
  + stars: | 2023-07-28 | by ( Akiko Matsuda | Andrew Scurria | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
Organizations: Wall Street
☆ Hedge Funds Seek to Cut Off $1 Billion Meant for Opioid Victims
  + stars: | 2023-07-26 | by ( Alexander Saeedy | Alexander Gladstone | Akiko Matsuda | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
Organizations: Wall Street
☆ Christmas Tree Shops to Liquidate All Stores
  + stars: | 2023-06-30 | by ( Akiko Matsuda | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
Organizations: Wall Street
☆ As Consumers Pull Back Postpandemic, Troubled Retailers Lose a Lifeline
  + stars: | 2023-05-18 | by ( Akiko Matsuda | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
☆ Mall of America Wins Supreme Court Case Over Sears Lease
  + stars: | 2023-04-19 | by ( Akiko Matsuda | ) www.wsj.com   time to read: 1 min
The U.S. Supreme Court on Wednesday ordered an appeals court to review Mall of America’s dispute with the former chairman of Sears Holdings Corp. over a $10-a-year store lease, potentially opening the door for landlords or vendors to challenge the sale of bankrupt businesses. The justices unanimously ruled against Transform Holdco LLC, the real-estate company backed by former Sears Chairman Eddie Lampert that purchased some of the best-performing Sears and Kmart stores out of chapter 11 in 2019. Transform had argued that a bankruptcy provision protects asset buyers from such disputes to encourage them to close on sales.
☆ Remote Work Threatens Business Hotels’ Recovery, Boosting Default Risks
  + stars: | 2023-03-06 | by ( Akiko Matsuda | ) www.wsj.com   time to read: 1 min
Some hotel owners that rode out the coronavirus pandemic are finding the recent travel rebound might not be enough to persuade lenders to extend new credit when their debts mature in the coming months or years. Leisure travel has rebounded since the second half of last year, but the recovery has been much weaker for facilities with large meeting rooms that rely on business trips and conferences, partly because many meetings are now held remotely. Even as business-focused hotels can attract some vacationers, the numbers aren’t high enough to make up for the slow recovery in business travelers.
☆ Business Hotels Face Increased Default Risk in Uneven Travel Recovery
  + stars: | 2023-03-06 | by ( Akiko Matsuda | ) www.wsj.com   time to read: 1 min
Some hotel owners that rode out the coronavirus pandemic are finding the recent travel rebound might not be enough to persuade lenders to extend new credit when their debts mature in the coming months or years. Leisure travel has rebounded since the second half of last year, but the recovery has been much weaker for facilities with large meeting rooms that rely on business trips and conferences, partly because many meetings are now held remotely. Even as business-focused hotels can attract some vacationers, the numbers aren’t...
☆ Washington Property Linked to FTX Customer Funds Pulled From Market
  + stars: | 2023-02-03 | by ( Akiko Matsuda | Alexander Gladstone | ) www.wsj.com   time to read: 1 min
A Washington, D.C., townhouse that FTX’s new management has linked to Sam Bankman-Fried‘s political spending has been pulled off the market after the company alleged that the $3.3 million property was purchased with FTX customer funds. Property records show the four-bedroom, 4,100-square-foot property in Capitol Hill is owned by Guarding Against Pandemics, a nonprofit organization founded by Mr. Bankman-Fried’s brother Gabriel. FTX’s newly appointed management team said in a court filing last month that Guarding Against Pandemics was also funded by FTX founder Sam Bankman-Fried and that the organization purchased a multimillion-dollar property using what the company believes are misappropriated customer funds.
☆ Crypto Lender Genesis Is Preparing to File for Bankruptcy Within Days
  + stars: | 2023-01-19 | by ( Akiko Matsuda | Jodi Xu Klein | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
☆ Cineworld Grapples With Box-Office Slump as It Seeks a Sale in Bankruptcy
  + stars: | 2023-01-05 | by ( Akiko Matsuda | Alexander Gladstone | ) www.wsj.com   time to read: 1 min
Bankrupt movie-theater chain Cineworld Group PLC said it continues to miss its box-office projections due to challenging market conditions as it gears up to sell itself out of chapter 11. Joshua Sussberg, a lawyer for U.K.-based Cineworld, owner of Regal Cinemas, told Judge Marvin Isgur of the U.S. Bankruptcy Court in Houston, Texas, on Wednesday that the company’s restructuring effort since its bankruptcy filing in September has been hindered by the lackluster box-office performance.
☆ 3M Earns Quick Appellate Review of Earplug Unit’s Bankruptcy Shield
  + stars: | 2022-10-13 | by ( Akiko Matsuda | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
☆ Morgan Stanley Must Face $375 Million Tops Creditors Lawsuit
  + stars: | 2022-10-13 | by ( Akiko Matsuda | Soma Biswas | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
☆ 3M Earns Appellate Review of Earplug Unit’s Bankruptcy Shield
  + stars: | 2022-10-13 | by ( Akiko Matsuda | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
☆ Crypto Crash Pulls Bitcoin-Mining Host Compute North Into Bankruptcy
  + stars: | 2022-09-23 | by ( Alexander Gladstone | Akiko Matsuda | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
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