Corporate bankruptcy

FILE - This June 25, 2017 file, photo shows TK Holdings Inc. headquarters in Auburn Hills, Mich. Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much force and hurl shrapnel. The recall is the last one the bankrupt company agreed to in a 2015 settlement with U.S. safety regulators. It could bring to a close the largest series of recalls in U.S. history. (AP Photo/Paul Sancya, File)
January 08, 2020 - 6:52 pm
DETROIT (AP) — Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much force and hurl shrapnel. The recall is the last one the bankrupt company agreed to in a 2015 settlement with the U.S. safety regulators. It could bring...
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FILE - This June 25, 2017 file, photo shows TK Holdings Inc. headquarters in Auburn Hills, Mich. Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much force and hurl shrapnel. The recall is the last one the bankrupt company agreed to in a 2015 settlement with U.S. safety regulators. It could bring to a close the largest series of recalls in U.S. history. (AP Photo/Paul Sancya, File)
January 08, 2020 - 9:46 am
DETROIT (AP) — Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much force and hurl shrapnel. The recall is the last one the bankrupt company agreed to in a 2015 settlement with the U.S. safety regulators. It could bring...
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FILE - This June 25, 2017 file, photo shows TK Holdings Inc. headquarters in Auburn Hills, Mich. Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much force and hurl shrapnel. The recall is the last one the bankrupt company agreed to in a 2015 settlement with U.S. safety regulators. It could bring to a close the largest series of recalls in U.S. history. (AP Photo/Paul Sancya, File)
January 08, 2020 - 8:43 am
DETROIT (AP) — Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much force and hurl shrapnel. The recall is the last one the bankrupt company agreed to in a 2015 settlement with the U.S. safety regulators. It could bring...
Read More
FILE - This June 25, 2017 file, photo shows TK Holdings Inc. headquarters in Auburn Hills, Mich. Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much force and hurl shrapnel. The recall is the last one the bankrupt company agreed to in a 2015 settlement with U.S. safety regulators. It could bring to a close the largest series of recalls in U.S. history. (AP Photo/Paul Sancya, File)
January 08, 2020 - 8:09 am
DETROIT (AP) — Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much force and hurl shrapnel. The recall is the last one the bankrupt company agreed to in a 2015 settlement with the U.S. safety regulators. It could bring...
Read More
In this handout photo provided by the Emergency Situations Ministry of the Republic of Kazakhstan, police and rescuers work on the side of a plane crash near Almaty International Airport, outside Almaty, Kazakhstan, Friday, Dec. 27, 2019. Almaty International Airport said a Bek Air plane crashed Friday in Kazakhstan shortly after takeoff causing numerous deaths. The aircraft had 100 passengers and crew onboard when hit a concrete fence and a two-story building shortly after takeoff. ( Emergency Situations Ministry of the Republic of Kazakhstan photo via AP)
December 27, 2019 - 5:45 am
ALMATY, Kazakhstan (AP) — A plane with 98 people aboard crashed shortly after takeoff early Friday in Kazakhstan, killing at least 12 people, Kazakh officials said. There were 54 people hospitalized with injuries, at least 10 of them in critical condition. The cause of the crash in the Central...
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In this handout photo provided by the Emergency Situations Ministry of the Republic of Kazakhstan, police and rescuers work on the side of a plane crash near Almaty International Airport, outside Almaty, Kazakhstan, Friday, Dec. 27, 2019. Almaty International Airport said a Bek Air plane crashed Friday in Kazakhstan shortly after takeoff causing numerous deaths. The aircraft had 100 passengers and crew onboard when hit a concrete fence and a two-story building shortly after takeoff. ( Emergency Situations Ministry of the Republic of Kazakhstan photo via AP)
December 27, 2019 - 3:57 am
ALMATY, Kazakhstan (AP) — A Kazakhstan plane with 98 people aboard crashed shortly after takeoff early Friday, killing at least 12 people, while 49 were hospitalized with injuries, Kazakh officials said. The cause of the crash in the Central Asian nation was unclear, but authorities were looking at...
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In this handout photo provided by the Emergency Situations Ministry of the Republic of Kazakhstan, police and rescuers work on the side of a plane crash near Almaty International Airport, outside Almaty, Kazakhstan, Friday, Dec. 27, 2019. Almaty International Airport said a Bek Air plane crashed Friday in Kazakhstan shortly after takeoff causing numerous deaths. The aircraft had 100 passengers and crew onboard when hit a concrete fence and a two-story building shortly after takeoff. ( Emergency Situations Ministry of the Republic of Kazakhstan photo via AP)
December 27, 2019 - 3:02 am
ALMATY, Kazakhstan (AP) — A Kazakhstan plane with 98 people aboard crashed shortly after takeoff early Friday, killing at least 12 people, while 49 were hospitalized with injuries, Kazakh officials said. The Bek Air aircraft hit a concrete fence and a two-story building after takeoff from Almaty,...
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In this handout photo provided by the Emergency Situations Ministry of the Republic of Kazakhstan, police and rescuers work on the side of a plane crash near Almaty International Airport, outside Almaty, Kazakhstan, Friday, Dec. 27, 2019. Almaty International Airport said a Bek Air plane crashed Friday in Kazakhstan shortly after takeoff causing numerous deaths. The aircraft had 100 passengers and crew onboard when hit a concrete fence and a two-story building shortly after takeoff. ( Emergency Situations Ministry of the Republic of Kazakhstan photo via AP)
December 27, 2019 - 1:50 am
ALMATY, Kazakhstan (AP) — A Kazakhstan plane with 98 people aboard has crashed shortly after takeoff early Friday, killing at least 15 people, officials in Almaty said. At least 66 others survived with injuries, 50 of them hospitalized. The Bek Air aircraft hit a concrete fence and a two-story...
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In this handout photo provided by the Emergency Situations Ministry of the Republic of Kazakhstan, police and rescuers work on the side of a plane crash near Almaty International Airport, outside Almaty, Kazakhstan, Friday, Dec. 27, 2019. Almaty International Airport said a Bek Air plane crashed Friday in Kazakhstan shortly after takeoff causing numerous deaths. The aircraft had 100 passengers and crew onboard when hit a concrete fence and a two-story building shortly after takeoff. ( Emergency Situations Ministry of the Republic of Kazakhstan photo via AP)
December 27, 2019 - 1:05 am
MOSCOW (AP) — A Kazakhstan plane with 98 people aboard has crashed shortly after takeoff early Friday, killing at least 15 people, officials in Almaty said. At least 66 others survived with injuries, 50 of them hospitalized. The Bek Air aircraft hit a concrete fence and a two-story building after...
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In this 2019 image provided by the American Bankruptcy Institute, Judge Robert Drain speaks on a panel in Washington. Drain, overseeing the bankruptcy of OxyContin maker Purdue Pharma, is known for his deep experience handling big, complicated corporate cases. He will decide whether to approve a potentially $12 billion plan to settle more than 2,700 lawsuits over Purdue Pharma's role in the nation's deadly opioid crisis. (Dave Scavone of Scavone Photography/ABI via AP)
December 24, 2019 - 10:23 am
WHITE PLAINS, N.Y. (AP) — The judge overseeing the bankruptcy of OxyContin maker Purdue Pharma warns that real-life court cases don't unfold like “Perry Mason.” But he’s afraid this one might come to resemble “Dr. Strangelove.” U.S. Bankruptcy Judge Robert Drain of White Plains, New York, has a...
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