Bankruptcy | Reason Archives (original) (raw)

A bottle of OxyContin pills | Benzo Pharmacy

Supreme Court

Divided Over Purdue Pharma Deal, SCOTUS Unites in Accepting a Dubious OxyContin Narrative

The majority and the dissenters agree that the drug was "central" to "the opioid crisis," even though there is little evidence to support that thesis.

Jacob Sullum | 6.27.2024 4:45 PM

Logos for Nippon Steel and U.S. Steel | Andre M. Chang/ZUMAPRESS/Newscom

Economic Nationalism

Opposition to U.S. Steel Sale Shows How Similar Biden and Trump Are on Trade

Economic nationalists are claiming the deal endangers "national security" to convince Americans that a good deal for investors, employees, and the U.S. economy will somehow make America less secure. That's nonsense.

Veronique de Rugy | 3.21.2024 12:01 AM

Individual mandate

Is the ACA's "Shared Responsibility Payment" a "Tax . . . Measured by Income"?

The Affordable Care Act's individual mandate penalty meets the bankcuptcy code.

Jonathan H. Adler |The Volokh Conspiracy | 7.31.2023 3:52 PM

A Yellow Corporation truck, shattered, against the backdrop of cash. | Illustration: Lex Villena

Bankruptcy

Trucking Company on the Hook for $700 Million Federal Loan Files for Bankruptcy

Reason reported last month that with less than two years left on its loan, Yellow Corporation owed more than it originally borrowed and had repaid only $230 in principal.

Joe Lancaster | 7.28.2023 3:58 PM

topicspolicy | Photo: Creative Hina By.Quileen

Corruption

A Decade After Bankruptcy, Is Detroit Better?

The 2013 bankruptcy filing didn't make the city more prosperous, more functional, or less corrupt.

James M. Hohman | 7.18.2023 6:00 AM

FTX notice that it can't process customer withdrawals | Andre M. Chang/ZUMAPRESS/Newscom

Cryptocurrencies

Bankrupt Crypto Exchange FTX Under Investigation

Plus: Democrats retain control of Senate, RIP Sharon Presley and Martin Wooster, and more...

Elizabeth Nolan Brown | 11.14.2022 9:46 AM

Jerry and Dolores Kopel | family photo

Equality

Dolores Kopel

Remembering a pioneering Colorado lawyer and activist

David Kopel |The Volokh Conspiracy | 10.4.2022 5:35 PM

Delta plane flying | Massimo Insabato/ZUMAPRESS/Newscom

Airlines

After a $54 Billion Airline Bailout, Elizabeth Warren Thinks She Gets To Make the Rules

More airline workers and more flights—not bailouts and restrictions on mergers—is the better policy.

Veronique de Rugy | 8.4.2022 12:20 PM

John Stossel Puerto Rican flag | Stossel TV

Taxes

The Easy Way To Avoid Federal Income Tax: Move to Puerto Rico

Wherever markets are free, new wealth gets created. Then almost everyone wins.

John Stossel | 8.3.2022 1:30 PM

a-hero-movie-lg | Memento Films/Amazon Studios

Movies

A Hero Is a Movie in Which Everyone Both Is and Isn't a Hero

A new Iranian thriller is both an elaborate social parable and an extended advertisement for the U.S. bankruptcy system.

Peter Suderman | 1.28.2022 10:59 AM

dreamstime_xl_8683063 | Photo 8683063 © Lisa F. Young | Dreamstime.com

Free Trade

Solar Panel Manufacturer That Hasn't Produced Solar Panels Since 2017 Seeks Extension of Solar Panel Tariffs

What good is protectionism that isn't protecting anything?

Eric Boehm | 8.13.2021 2:45 PM

Bankruptcy

A Third Option Beyond State Bailouts and Bankruptcy

John Baker and Robert Miller identify an alternative

Jonathan H. Adler |The Volokh Conspiracy | 5.20.2020 12:12 PM

Federal Courts

Bankruptcy and Magistrate Judges?

Adjudication Outside Article III (part five)

Will Baude |The Volokh Conspiracy | 3.20.2020 2:33 PM

Billions and billions lost | NFIP

Flood Insurance

Private Flood Insurers Chastised for Not Insuring Houses Likely To Be Flooded

It's simple: You should not build your house in places where you can't get private flood insurance.

Ronald Bailey | 12.4.2019 2:55 PM

featurewarren1 | Drew Angerer/Getty

Elizabeth Warren

Elizabeth Warren's Plans Don't Add Up

The Warren worldview of ill-founded economic pessimism is both bloodless and moralizing.

Peter Suderman | 9.10.2019 6:00 AM

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Elizabeth Warren

Elizabeth Warren's Fake Wonkery

All too often, the Massachusetts senator and 2020 hopeful gets key details wrong.

Peter Suderman | 2.20.2019 3:44 PM

Bankruptcy

The Invalidation of the PROMESA Appointments

A few thoughts on the First Circuit's separation of powers ruling on the Puerto Rico bankruptcy board

Will Baude |The Volokh Conspiracy | 2.15.2019 6:08 PM

Large image on homepages | PAT BENIC/UPI/Newscom

Bankruptcy

Sears Finally Entered Bankruptcy. The Struggle to Save It Was a Noble One.

Sometimes a bankruptcy isn't evidence of some hedge fund manager's hubris or humiliation, but merely a reminder that risk is part of capitalism.

Ira Stoll | 10.15.2018 4:00 PM

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Bitcoin

Bitcoin's Crazy Price Rise Might Lead Owner of Bankrupt Former Exchange Mt Gox to Crazy Profits

Customers lost billions in bitcoin, and former operator Mark Karpeles could gain well over half a billion.

Brian Doherty | 11.10.2017 6:00 PM

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Batteries

Another Taxpayer-Funded Cleantech Company Goes Bankrupt

Aquion Energy files for Chapter 11. Will Tesla's Gigafactory be next?

Ronald Bailey | 3.15.2017 1:40 PM

Large image on homepages | James Willamor / photo on flickr

Pension Crisis

It's Not Hedge Funds That Caused Puerto Rico to Fail to Manage Its Debts

Those who call for aid shouldn't ignore where the territory's money actually went.

Scott Shackford | 5.3.2016 1:35 PM

Large image on homepages | Chris Yarzab / photo on flickr

Bankrupt Cities

San Bernardino Police Abuse Victims May Get Screwed Over by Bankruptcy

Families could end up with just pennies on the dollar.

Scott Shackford | 1.8.2016 2:50 PM

Large image on homepages | House10902

Bankrupt Cities

Scott Shackford Analyzes San Bernardino's Fire Union Woes in the Press-Enterprise

Scott Shackford | 7.6.2015 5:30 PM

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Politics

Fresh Out of Bankruptcy, City Announces Multimillion-Dollar Housing Project

Stockton has apparently learned nothing from its embarrassing financial boondoggle.

Jim Pagels | 3.6.2015 5:40 PM

Large image on homepages | JasonParis / photo on flickr

Bankrupt Cities

Retired City Workers Accept Cuts (As Does Everybody Else) in Detroit's Bankruptcy

Scott Shackford | 11.10.2014 2:30 PM

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Politics

Why the Stockton California Bankruptcy Ruling Can't Stop Public Sector Pension Reform

A federal judge approved Stockton's bankruptcy exit plan which punts on pension debt. But other cities are free to tackle the problem, and they must.

Steven Greenhut | 11.7.2014 12:00 PM

Large image on homepages | Reason TV

Bankrupt Cities

Bankrupt Stockton's Reorg. Plan Approved with Pensions Intact

Scott Shackford | 10.30.2014 4:10 PM

Policy

Flint Mayor Says People, Not Government Will Drive Urban Renewal

Alexis Garcia and Paul Detrick | 10.6.2014 10:50 AM

Large image on homepages | 401(K) 2013 / photo on flickr

Pension Crisis

California Public Pensions Put on Notice

Federal judge gives hope to busted cities.

Steven Greenhut | 10.4.2014 12:00 PM

Large image on homepages | LPS.1

Pension Crisis

Calif. Employee Pensions Are Not Sacred Cows, Judge Rules. But Don't Call the Slaughterhouse Just Yet.

Scott Shackford | 10.2.2014 10:50 AM

Bankrupt Cities

Judge Rules Stockton's Pensions May Be Cut in Bankruptcy

A major blow against the sanctity of public employee pensions in California

Reason Staff | 10.1.2014 6:30 PM

Politics

A Bipartisan Bailout for Detroit's Unions

Shikha Dalmia | 4.18.2014 10:30 AM

Large image on homepages | cc

Policy

Letters

Reason Staff | 3.31.2014 7:00 AM

Large image on homepages | cc

Policy

By Any Other Name

Charles Oliver | 3.3.2014 6:00 AM

Large image on homepages | cc

Politics

Brickbat: By Any Other Name

Reason Staff | 3.3.2014 6:00 AM

Policy

Detroit to File Restructuring Plan Next Week

To explain how it plans to get out of bankruptcy

Reason Staff | 2.10.2014 4:00 PM

Politics

Michigan's Tough Nerd's Over-Clever Bailout Plan for Detroit

Shikha Dalmia | 1.24.2014 9:52 AM

Policy

Company Behind W. Va. Chemical Leak Files for Bankruptcy

Owes more than $3 million to 20 creditors

Reason Staff | 1.17.2014 6:50 PM

Policy

Bond Insurers Drop Objections to Detroit's Bankruptcy

Some objectors remain steadfast

Reason Staff | 12.17.2013 7:30 PM

Economics

Loehmann's Files for Third Bankruptcy

This time will be the last -- it plants to liquidate

Reason Staff | 12.17.2013 5:40 PM

Large image on homepages | © Yanik Chauvin | Dreamstime.com

Policy

Detroit's Bankruptcy Ruling Doesn't Spare the Pensions

But it's up to politicians and voters to fight for reforms

Scott Shackford | 12.10.2013 4:30 PM

Policy

Judge Approves Plan for Detroit to Fix Street Lights

About 40 percent of the lights in the city don't work

Reason Staff | 12.6.2013 7:30 PM

Policy

Detroit Art Sale Could Raise More Than $800 Million

Help shave off the billions in debt

Reason Staff | 12.4.2013 3:10 PM

Large image on homepages | OregonDOT / Foter.com / CC BY

Politics

Reason Foundation Study Details Depths of Green Energy Crony Capitalism

Not an investment in the future but in people who know the right politicians

Scott Shackford | 12.3.2013 5:10 PM

Large image on homepages | Demodragon / Foter.com / CC BY-NC-ND

Policy

Welcome to Bankruptcy, Detroit!

Judge says yes to Chapter 9 protection, as well as pension cuts

Scott Shackford | 12.3.2013 12:15 PM

Policy

Judge to Rule on Detroit Bankruptcy Dec. 3

Will determine whether city can restructure billions in debt

Reason Staff | 11.26.2013 1:40 PM

Policy

Disaster Feared if Bankruptcy Disallowed for Detroit

Chaos and lawsuits galore

Reason Staff | 11.14.2013 5:30 PM

Policy

Mich. Gov. Says Bankruptcy Right Choice for Detroit

The gravy train is not coming

Reason Staff | 10.29.2013 2:10 PM

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