Jonathan Randles

Moelis-Backed App Has $113 Million Trapped In Fintech Collapse

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The failure of a little-known fintech company as trapped over $100 million in customers' money on apps.

Supreme Court's Sackler Ruling Upends Bankruptcy Settlements

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The ruling stands to change the way troubled organizations have used Chapter 11 to survive onslaughts of lawsuits.

Madison Avenue's 'Le Penthouse' Owner Files For Bankruptcy

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The luxury Madison Avenue condominium listed in 2019 for $98 million.

SPAC Mania's Ugly End Yields $46 Billion Of Investor Losses

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At least 21 firms that went public by merging with special purpose acquisition companies went bankrupt this year.

Repeat Bankruptcies Are Piling Up At Fastest Rate Since 2009

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The trend is both a sign of how fragile the economy has become and a failure of the bankruptcy system.