The Asian credit market took a pause Wednesday after investors who binged on bond sales in recent days assessed a deepening global rout in risk assets and a flareup in worries about China Huarong Asset Management Co.

The National Rifle Association’s bankruptcy filing was rejected by a Texas judge, leaving it vulnerable to a New York attorney general who is seeking to dissolve the powerful gun group.

Suitable Technologies Inc. won bankruptcy court permission to solicit votes for its liquidation plan, which hands unsecured creditors about a third of their claims.

U.S. Bankruptcy Judge Timothy Barnes agreed to move a request to dismiss Mercy Hospital and Medical Center’s bankruptcy case and related items to a hearing on Friday.

Lex Greensill told lawmakers that investors in loans packaged by his firm were aware of the risks and denied being a “fraudster” in his first public appearance since Greensill Capital collapsed into insolvency in March.

Financier Lynn Tilton was hit with a lawsuit in Delaware claiming she sought to seize the upper hand in a long-running controversy over the management of cosmetics company Stila Styles LLC by reaching a financing deal with an affiliate on terms that flagrantly violate its operating agreement.

Cosi Inc. convinced a court to dismiss its Chapter 11 case, allowing the fast-casual restaurant chain to apply for a new, federal relief program for the restaurant industry that’s largely unavailable to bankrupt companies.