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Latest News in Bankruptcy

• March 17, 2026

  Nuclear Power Cos. Seek To Duck Wage-Fixing Class Action

  Nuclear energy producers including Constellation Energy, DTE Energy, Duke Energy and NextEra Energy have urged the Maryland federal court to toss a proposed class action alleging they conspired to fix wages in a scheme that workers say spanned "100% of the nuclear power generation labor market."

• March 17, 2026

  Spandex Maker Lycra Files Ch. 11 To Slash $1.2B Debt

  The LYCRA Company LLC filed for Chapter 11 bankruptcy protection in Texas on Tuesday, saying it intends to cut $1.2 billion from its balance sheet.

• March 17, 2026

  Book Distributor Baker & Taylor Hits Ch. 11 To Wind Down

  Baker & Taylor, a 198-year-old book distributor, sought bankruptcy protection in New Jersey with at least $100 million in liabilities after the COVID-19 pandemic, litigation and a loan default forced it to shut down operations last year.

• March 16, 2026

  Trump Admin Wants Student Loan Forgiveness Suits Tossed

  The Trump administration on Monday asked a Massachusetts federal judge to toss a pair of lawsuits challenging a change to eligibility requirements for student loan forgiveness, calling the potential repercussions from the new rule "speculative."

• March 16, 2026

  Lannett Investors Seek Final OK Of $5.8M Price-Fix Probe Suit

  Former executives of pharmaceutical company Lannett Inc. and a class of investors have asked a Pennsylvania federal court to grant final approval to their $5.8 million deal to end claims the company and its leadership misled about Lannett's links to allegations of industrywide price-fixing in the market for generic drugs.

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