The official overseeing the Boy Scouts of America's settlement trust has asked a Delaware bankruptcy judge to reject an individual's attempt to reinstate his direct abuse claim against the trust, arguing nothing in the trust distribution procedures allows for his claims to be reheard.
Entrust Energy reached a $99 million settlement with Shell Energy over a breach of contract dispute stemming from winter storm Uri in Texas. Del Monte Foods sued its metal can supplier, alleging defective cans caused significant losses. Spirit Airlines selected JetBlue as the buyer of its flight training equipment for $2.7 million.
There were tears of joy and sorrow. Cigarette breaks. Some screaming. But after five intense days of nearly round-the-clock work, a bankruptcy auction of 23 summer camps raised $377 million and will see many of the properties go to the people who have long run them.