Greenpeace May Go Bankrupt Over $300 Million Lawsuit

Topline A lawsuit accusing Greenpeace of defamation and efforts to disrupt the construction of the Dakota Access Pipeline with protests went to trial on Monday, as the environmental advocacy group says the litigation could bankrupt the organization. A Texas-based company claims the environmental advocacy group tried to delay construction of the … More Dakota Access…

Insolvency: from crisis to reform | China

A slowing economy has exposed China’s insolvency regime as a system grappling with outdated legislation, growing cross-border complexities, and a cultural mindset reluctant to change. Yet, within these challenges lie opportunities for reform, writes Luna Jin In an ancient Chinese fable, the renowned physician Bian Que warns a ruler about a minor illness, only to…

Studebaker goes bankrupt | March 18, 1933

Albert Erskine (1871–1933) assumed the top job at Studebaker in 1915. Under his leadership, the company acquired luxury automaker Pierce-Arrow in the late 1920s and launched the affordably priced but short-lived Erskine and Rockne lines (the latter named for the famous University of Notre Dame football coach: Before his death in a plane crash in…