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Latest News in Bankruptcy

• December 19, 2025

  Boies Schiller Partner Pitched As First Brands Examiner

  A Boies Schiller Flexner LLP partner with experience in matters spanning from asset recovery to international investigations and high-wire global matters has been tapped to probe the bankruptcy of auto parts maker First Brands Group as a Chapter 11 examiner.

• December 19, 2025

  Nicklaus Cos. Want Creditor Liens Nixed In Ch. 11 Before Sale

  Sporting gear and golf course design firm Nicklaus Cos. has asked the Delaware bankruptcy court to invalidate the liens of its largest creditor and to provide clarity on its claim status ahead of a proposed asset sale in February.

• December 19, 2025

  Agent Sues Over $1.6M Ex-Hudson Hotel Ch. 11 Escrow Tussle

  The escrow agent holding $1.6 million related to the developer of the former Hudson Hotel near Manhattan's Columbus Circle has sued the debtor in Delaware bankruptcy court in an effort to resolve conflicting instructions on what to do with the funds. 

• December 19, 2025

  Biomedical Co. Gets Approval For Ch. 11 Auction In January

  Eye disease treatment developer Clearside Biomedical on Friday got permission from a Delaware bankruptcy judge for a January auction of its assets after saying it had resolved objections from shareholders and the U.S. Trustee's Office.

• December 19, 2025

  Chancery Keeps Alive Electric Vehicle Co. SPAC Suit

  Most counts have gone forward in a Delaware Court of Chancery suit alleging an unfair "blank check" company take-public merger with a since-reorganized electric vehicle company that faced allegedly undisclosed supply chain problems.

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