An American International Group Inc. unit is asking a Delaware state court to toss a suit brought by a decorative surface provider seeking insurance coverage for an alleged misrepresentation made by a seller in an M&A deal finalized in 2023.

ModivCare won court permission to exit bankruptcy under the ownership of senior lenders as part of a plan to reduce the medical-transportation company’s debt by $1.4 billion.

Bond investors have been increasingly wary of debt sold by US hospitals, and they see looming cuts to federal health-care funding as new pain points for an industry that’s just starting to recover from pandemic stress.

Ford O’Neil, a longtime Fidelity Investments fixed-income manager, plans to step down from his portfolio -management duties next year, capping a 36-year career that helped shape one of the industry’s largest bond franchises.

An Eleventh Circuit panel during oral arguments Friday grappled with whether the US Constitution allows whistleblowers to sue for fraud on the government’s behalf under the False Claims Act.

A California federal court said it likely lacked jurisdiction over an insurance coverage dispute between a Markel Group Inc. unit and the indicted co-founders of a now-defunct medical testing biotech startup who are living abroad.