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Archive for August 2026

First Brands Bankruptcy-Payout Plan Rejected by Federal Judge

A federal judge rejected the bankruptcy-payout plan of defunct auto-parts maker First Brands, concluding the proposal to raise money by suing a long list of insiders and business partners was not realistic. U.S. Bankruptcy Judge Christopher Lopez sided with a … Source: Claims Journal

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Los Angeles Faces Days of 100F Heat as Southwest Fire Risk Grows

Los Angeles is bracing for a lengthy heat wave as the weather system that’s cooked Texas expands westward and begins stripping moisture from Southern California’s terrain. Heat alerts stretch from Santa Barbara along California’s central coast to the U.S.-Mexico border … Source: Claims Journal

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JPMorgan, Morgan Stanley Fight Suits Over Role in Buyout Deals

JPMorgan Chase & Co. and Morgan Stanley are among banks shareholders are suing over their roles on multibillion-dollar buyout deals after a recent corporate-law overhaul failed to protect financial advisers from potential liability. In cases against financial advisers, shareholders have … Source: Claims Journal

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Zillow, Redfin Settle FTC Case Over Rental Listings

The U.S. Federal Trade Commission reached a settlement resolving its antitrust case against Zillow Group Inc. and Rocket Companies Inc.’s Redfin, the agency said. Redfin will re-enter the market to independently sell online rental listings, an FTC lawyer told a … Source: Claims Journal

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