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May 18, 2026
A judge rejected conspiracy theorist Alex Jones' appeal to shield assets belonging to his media business under the stay in Jones' personal Chapter 7 case. The Cannabist became the first marijuana company to secure Chapter 15 recognition of a foreign bankruptcy proceeding. And the U.S. Trustee's Office called for car parts giant First Brands' Chapter 11 case in Texas to be converted to a Chapter 7 liquidation.
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