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Latest News in Bankruptcy

• April 27, 2026

  Retail Data Co. Wiser Solutions Hits Ch. 11 With $563M In Debt

  Wiser Solutions, a software company that collects data from retailers, has filed for Chapter 11 protection in Texas bankruptcy court with about $563 million in debt and plans to sell its business to its main lender.

• April 27, 2026

  Kitchen Design Co. Abruptly Hits Ch. 7 With $100M+ Liabilities

  Wren US Holdings Inc., a kitchen design firm based in the northeastern United States, has filed for Chapter 7 liquidation in Delaware, citing between $100 million and $500 million each of assets and liabilities.

• April 27, 2026

  3rd Circ. Panel Once Again Backs Talc Co. Whittaker's Ch. 11

  The Third Circuit on Monday upheld its decision that Whittaker Clark & Daniels was authorized to file for Chapter 11 and certain claims against the defunct talc supplier's corporate successor belong to the debtor, not personal injury claimants.

• April 27, 2026

  Flagstar Bank Wins Liability Ruling Against Ex-Live Well Exec

  A Michigan federal judge Monday granted Flagstar Bank's bid for summary judgment on liability for its civil conspiracy claim against a former executive of reverse-mortgage company Live Well, finding his guilty plea admissions in a related criminal case established that he joined a scheme to mislead lenders through inflated bond valuations.

• April 27, 2026

  Albright Exits Verizon Case Over Ties To Patent Owner

  U.S. District Judge Alan Albright has dropped out of overseeing a case in which Verizon is suing a patent holding company for allegedly trying to dodge a more than $500,000 attorney fee award, citing communications with the patent holder from a decade ago.

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