Latest news with #StevenChurch
Bloomberg
08-07-2025
- Business
- Bloomberg
Startup Promising Private Market Access to Wealthy Investors Collapses
By and Steven Church Save Welcome to The Brink. It's Jonathan Randles in New York and Steven Church in Wilmington, where we followed the bankruptcy filing of Linqto, a company which offered its customers access to private markets. We also have news on Altice France and Village Health. Follow this link to subscribe. Send us feedback and tips at debtnews@ Linqto offered its customers a tantalizing pitch: through the company, they could buy stakes in the hottest AI startups or private tech companies before they went public, something typically available only to big institutions.
Bloomberg
05-07-2025
- Business
- Bloomberg
Del Monte's Creditor Settlement Was the Last Straw
Welcome to The Brink. This is Reshmi Basu in New York and Steven Church in Wilmington, and we've outlined the events that led Del Monte to file for bankruptcy. We also have news on private credit distress and Apollo's Kem One. Follow this link to subscribe. Send us feedback and tips at debtnews@ In its ongoing effort to avoid bankruptcy, the canned fruit and vegetable giant, Del Monte Foods, has cut agreements with lenders and taken on a number of loans over the last several years.
Bloomberg
09-04-2025
- Business
- Bloomberg
Publishers Clearing House, Known for Big Checks, Hits Bankruptcy
By and Steven Church Save Publishers Clearing House LLC, famous for handing out over-sized checks on the doorsteps of its surprised contestants, has filed bankruptcy. The 72-year-old company owes as much as $100 million to more than 100,000 creditors, it said in a Chapter 11 filing in Manhattan. PCH listed between $1 million and $10 million in assets on its bankruptcy petition.
Bloomberg
22-02-2025
- Business
- Bloomberg
J&J's $9 Billion Offer Inflames Talc Suit Claimant Rift
Welcome to The Brink. It's Steven Church, a reporter in Wilmington, following the Johnson & Johnson trial over its plan to end lawsuits filed by people claiming its baby powder gave them cancer. We also have news on a planned Hooters restructuring, Forever 21 store closures and Manchester United's struggles. Follow this link to subscribe. Send us feedback and tips at debtnews@ Johnson & Johnson 's $9 billion settlement offer for its allegedly tainted talc products has triggered a battle between courtroom heavyweights in Houston.
