People
Jared Ellias
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What Will It Take for the Fed to Lower Rates?
May 2, 2024
Global markets are still processing the probability that U.S. interest rates will remain higher for longer, as the Fed acknowledges that high inflation has forced…
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Expert explains how companies are using a controversial bankruptcy maneuver to handle mass tort claims
February 6, 2024
Harvard Law Professor Jared Ellias explains how large corporations are using a controversial legal tactic called the Texas Two-Step to defend lawsuits by people they’ve allegedly harmed.
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Could X go bankrupt under Elon Musk?
December 4, 2023
In April, I sat down with Musk for the first of his many chaotic interviews about his acquisition of X. He said something that, in…
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Last November, Jake Thacker discovered more than $200,000 of his crypto and cash had gone missing. He’d been counting on it to pay off debts,…
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Former bankruptcy judge David R. Jones backed his romantic partner as a candidate for a trustee assignment without disclosing their relationship before he resigned from…
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Does filing for bankruptcy make employees flee?
September 20, 2023
A new study by Harvard Law Professor Jared Ellias shows that employees begin leaving an at-risk company months or years before bankruptcy — and that Chapter 11 may help retain workers long-term.
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Days before cutting hundreds of WA workers, Yellow paid execs millions
September 15, 2023
Just weeks before closing its doors and dismissing thousands of employees, Yellow Corp. doled out millions of dollars in bonuses to executives so they wouldn’t…
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Why retailers almost never come back from bankruptcy
June 8, 2023
The Bed Bath & Beyond bankruptcy saga continues — this time with a glint of good news. The company is in talks to sell its…
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Debt Is Trickier Than Equity
May 26, 2023
There are two main ways for companies to finance themselves, debt and equity. …Here is a fascinating paper, and a related blog post,…
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Late last summer, Bed Bath & Beyond had a new chief executive, a new strategy and $375mn in new cash from a canny investment firm,…
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After Silicon Valley Bank and Signature Bank collapsed this month, one veteran adviser was picked to head the clean-up crews. Todd Snyder, an expert on…
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Talc ruling a blow to J&J and the ‘Texas two-step’ bankruptcy jig
February 6, 2023
… But a week later the Spanish-born executive’s ambitious plans are in doubt after a landmark court decision. The ruling could torpedo J&J’s controversial bid…
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A U.S. appeals court on Monday rejected Johnson & Johnson’s attempt to use bankruptcy to resolve claims that its talc products, including baby powder, caused…