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Tom Hals

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

11 Jan 2018

SEC seeks trustee for firm behind alleged $1 billion Ponzi fraud

WILMINGTON, Del. The U.S. Securities and Exchange Commission urged a federal judge on Wednesday to appoint a trustee to manage the Woodbridge Group of Companies, a bankrupt property developer the regulator accused of being a $1.2 billion Ponzi scheme.

05 Jan 2018

Brookfield Business Partners to buy Westinghouse for $4.6 billion

A subsidiary of Canada's Brookfield Asset Management Inc plans to acquire Westinghouse Electric Co LLC, the bankrupt nuclear services company owned by Toshiba Corp , for $4.6 billion.

03 Jan 2018

U.S. judge clears Takata to seek creditor vote on bankruptcy plan

WILMINGTON, Del. The judge overseeing the bankruptcy of Takata Corp's U.S. unit on Wednesday cleared the way for the company's creditors to vote on its Chapter 11 plan, which critics say limits the legal rights of those injured by its deadly airbags.

27 Dec 2017

Creditors seek bankruptcy for U.S. media entrepreneur Sillerman

WILMINGTON, Del. Creditors of American media entrepreneur Robert F.X. Sillerman are seeking to force the onetime billionaire into bankruptcy to try and collect on a $7.36 million judgment against him, according to court documents.

21 Dec 2017

Crystallex pursues Citgo as Venezuela misses settlement payment

WILMINGTON, Del., Dec 21 Mining company Crystallex International Corp said on Thursday Venezuela failed to honor a settlement and urged a federal judge to allow it to seize control of U.S. refiner Citgo Petroleum Corp, which is owned by the country's state oil company.

14 Dec 2017

Venezuelan creditors eyeing Citgo assets face uphill battle

WILMINGTON, Del. Citgo Petroleum may look like a tempting target for bondholders of its parent company, Venezuelan-owned oil driller PDVSA, but the refinery operator's complex debt structure could make its assets difficult for creditors to seize, legal experts said.

14 Dec 2017

Court reverses Dell buyout ruling that alarmed dealmakers

WILMINGTON, Del. Delaware's Supreme Court ruled on Thursday that a lower court erred in finding that the 2013 buyout of computer maker Dell Inc was vastly underpriced, in an opinion that will likely restrict a hedge fund strategy aimed at wringing cash from mergers.

13 Dec 2017

U.S. court removes creditor hurdle to a Westinghouse bankruptcy plan

WILMINGTON, Del. A U.S. judge shot down on Wednesday a request by creditors of Westinghouse Electric Co LLC for a bigger role in the nuclear technology company's bankruptcy just days after its parent company Toshiba Corp proposed a restructuring plan.

06 Dec 2017

Exclusive: Baupost expected to make quick profit in Westinghouse bankruptcy- sources

Hedge funds led by the Baupost Group LLC are poised to score a $170 million profit in less than three months from a bet tied to Toshiba Corp's bankrupt nuclear unit Westinghouse Electric Corp, according to three people familiar with the matter.

14 Nov 2017

Preferred Care-affiliated nursing homes seek bankruptcy after lawsuits

Thirty-three nursing homes affiliated with Preferred Care Group, one of the largest U.S. nursing home chains, filed for Chapter 11 bankruptcy due to multi-million dollar personal injury lawsuits in Kentucky and New Mexico, according to court filings.

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