Katy Stech

Reporter, The Wall Street Journal.

Katy Stech covers bankruptcy with a focus on small and mid-sized businesses, struggling municipalities and U.S. Bankruptcy Code reforms. A Syracuse grad, she has worked for newspapers in Charleston, S.C., Rochester, N.Y., and her hometown of Duluth, Minn.

Articles by Katy Stech

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    Appeals Court Dismisses Tribune Creditors Clawback Lawsuit

    March 29, 2016 03:10 p.m.

    A federal appeals court in New York has quashed efforts by some creditors of the former Tribune Co. to claw back shareholder profits from a leveraged buyout they blame for plunging the company into bankruptcy.

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    Parent Company of Roscoe’s House of Chicken and Waffles Files for Bankruptcy

    March 29, 2016 10:52 a.m.

    The parent company of Los Angeles's iconic Roscoe's House of Chicken and Waffles restaurants has filed for bankruptcy protection, owing more than $3 million to an ex-employee who said he was a target of racial discrimination and sexual harassment.

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    Judge Rules Bankrupt Law Grad Can Cancel Some Debt

    March 27, 2016 05:38 p.m.

    A federal judge ruled that law-school graduates who file for bankruptcy protection can cancel the debt they racked up while studying for the bar exam, finding such loans are different from traditional federal student loans that are rarely canceled by bankruptcy.

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    Judge Says Bankrupt Law Grads Can Cancel Bar Loans

    March 25, 2016 05:28 p.m.

    A federal judge ruled law-school graduates who file for bankruptcy protection can cancel the debt they racked up while studying for the bar exam, finding such loans are different from traditional federal student loans that are rarely canceled by bankruptcy.

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    Next Week in Bankruptcy

    March 25, 2016 12:45 p.m.

    Oil and gas company Magnum Hunter Resources, driller Swift Energy and retirement community Park Place of Elmhurst all want approval of their bankruptcy-exit plans next week.

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    Casa Media Partners Cleared to Sell Airwaves at FCC Auction

    March 24, 2016 04:26 p.m.

    Television and radio station owner Casa Media Partners is preparing to sell off some of its unused broadcasting airwaves at a government-run auction that begins next week after a bankruptcy judge approved that participation on Thursday.

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    Judge Cancels Loan Debt for Illinois Man Who Upgraded Cars for Uber

    March 22, 2016 12:24 p.m.

    A federal judge has determined that an Illinois insurance salesman who became an Uber driver to avoid bankruptcy can get out of repaying a nearly $10,000 auto loan debt after his plan failed.

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    ‘One of the Largest Frauds in Texas’: Life Partners Trustee Files Suits

    March 18, 2016 11:59 a.m.

    The trustee chasing money for investors stung by life-settlements firm Life Partners has sued shareholders, promoters and even charities that got donations from what he called ‘one of the largest and longest-standing fraud schemes’ in Texas.

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    Maker of ‘Smart’ Basketball Files for Bankruptcy Protection

    March 11, 2016 04:36 p.m.

    The Massachusetts start-up behind the 94Fifty Smart Sensor Basketball, which is advertised as the world’s first smart basketball whose sensors transmit ball-handling data to a smartphone, filed for bankruptcy after running low on money.

  • Albertsons Owner Cleared to Bid on Haggen Chain After Antitrust Review

    March 11, 2016 09:53 a.m.

    The Federal Trade Commission will allow the Albertsons grocery store chain to bid on a competitor, several shipowners continue to battle a bankrupt Norwegian bulk shipping carrier and a giant California auto supplier is preparing to be sold out of bankruptcy.

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    50 Cent to Judge: That Cash Was Fake

    March 9, 2016 01:16 p.m.

    50 Cent admitted to his bankruptcy judge that the cash he posed with on social media pictures is fake.

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    Rick Ross Defends His ‘In Da Club’ Remix

    March 8, 2016 01:25 p.m.

    Lawyers for rapper Rick Ross are defending his decision to take snippets of rival 50 Cent’s popular “In Da Club” song and mix them into a promotional bit for his “Black Market” album.

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    50 Cent Posts Another Cash Stack Photo

    February 24, 2016 01:13 p.m.

    Bankrupt rapper 50 Cent has posted yet another picture of himself posing in front of a mountain of bills just days after a bankruptcy judge ordered him to court to explain whether he’s being fully truthful about his financial situation.

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    Justice Department Calls for Investigation of 50 Cent’s Finances

    February 23, 2016 01:52 p.m.

    A Justice Department watchdog wants an investigation into rapper 50 Cent’s financial affairs, saying pictures of him flashing cash on social media sites “are potential evidence of serious misconduct.”

  • Judge Orders 50 Cent to Bankruptcy Court Over Instagram Photos

    February 19, 2016 02:02 p.m.

    A bankruptcy judge said rapper 50 Cent's Instagram photos are raising questions about whether he is being truthful about his financial situation.

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    50 Cent Says Bankruptcy Plan Would Be Like Indentured Servitude

    February 16, 2016 05:12 p.m.

    Bankrupt rapper 50 Cent says the debt-repayment proposal up for review by a judge later this week would subject him to a form of modern-day servitude.

  • Bankrupt Recycling Firm Paid for CEO’s Son’s Racing Career

    February 12, 2016 03:53 p.m.

    In the 20 months before filing for bankruptcy, recycler Zloop spent roughly $1.7 million for a Kyle Busch Motorsports racing-sponsorship deal that made the CEO's son the lead driver.

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    Rich Dad Broke Dad?

    February 5, 2016 04:01 p.m.

    A seminar promoter owed nearly $24 million for arranging speaking gigs for Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” is fighting for access to a secret lawsuit.

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    Bankrupt Auto-Parts Chain Points to E-Commerce Demands, Costs

    February 2, 2016 04:47 p.m.

    California‘s Metropolitan Automotive Warehouse asks court for March 4 deadline for bids on potential sale out of bankruptcy protection.