Bankruptcy Law360 provides breaking news and analysis on bankruptcy law. Coverage includes corporate bankruptcies and out-of-court restructurings, as well as corporate distress and imminent bankruptcy and policy developments that affect bankruptcy law.

Sign up for a 7-day FREE trial today!

Latest News in Bankruptcy

• February 20, 2026

  Evolve Bank Freed From Fintech Yotta's Fraud Suit, For Now

  A San Francisco federal judge has dismissed Yotta Technology's lawsuit accusing Evolve Bank & Trust of operating a Ponzi scheme on the grounds that it can't proceed in federal court without now-defunct fintech intermediary Synapse Financial Technologies as a party, but the judge held it could be refiled in state court.

• February 20, 2026

  PrimaLend Confirms Ch. 11 Plan Folding In Asset Sales

  Auto lender PrimaLend Capital can head toward a Chapter 11 exit after a Texas bankruptcy judge on Friday approved a plan incorporating two credit bid sales of its loan portfolios and establishing a liquidating trust.

• February 20, 2026

  Lender Onset Hits Back On First Brands' $2.9B Fraud Suit

  First Brands lender Onset Financial Inc. is slamming a $2.9 billion lawsuit that the embattled auto parts maker brought against Onset in Texas bankruptcy court last month, asserting it is the victim rather than a perpetrator of the fraud that sent First Brands into Chapter 11.

• February 20, 2026

  Saks Global Gets Final OK On Over $1.2B In Ch. 11 Funding

  Luxury retailer Saks Global secured a Texas bankruptcy judge's approval Friday on more than $1.2 billion in Chapter 11 financing after reaching a deal with unsecured creditors, funds that Saks will use to support its reorganization efforts.

• February 20, 2026

  Pryor Cashman Appoints Bankruptcy Chair To Exec Committee

  Pryor Cashman LLP announced that an experienced attorney who has served in leadership roles in his nearly 20 years with the firm has been elected to a three-year term as a member of its executive committee.

See more Bankruptcy news