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Latest News in Bankruptcy

  • August 08, 2022

    Mallinckrodt Noteholders Seek End To Default Payment Appeal

    A group of Mallinckrodt noteholders are urging a Delaware federal judge to reject the appeal of a different noteholder group claiming they're owed $94 million due to the drugmaker's Chapter 11, saying the bankruptcy plan has been in place too long to be overturned.

  • August 08, 2022

    Ch. 11 Cheat Sheet: OSG Group Holdings Inc.

    Payment and marketing services company OSG Group Holdings Inc. commenced a Chapter 11 case Aug. 6 with a plan to deleverage its balance sheet and obtain new financing so it can emerge from bankruptcy in less than one month.

  • August 08, 2022

    Payment Biz Seeks To Restructure $824M In Debt In Ch. 11

    Marketing and payments company OSG Group sought Chapter 11 protection in Delaware with a plan in hand to restructure about $824 million in funded debt, but it is facing objections from the bankruptcy trustee over its proposed timeline.

  • August 08, 2022

    Alex Jones' Attys Face Possible Disciplinary Action In Conn.

    Attorneys representing right-wing conspiracy theorist and Infowars website owner Alex Jones are set to appear in Connecticut court for possible disciplinary action after medical records were allegedly released to unauthorized parties.

  • August 08, 2022

    Philly Hospitals Reach Deal Over Real Estate In Ch. 11

    The former owner of two Philadelphia hospitals proposed a settlement Monday in Delaware bankruptcy court that would resolve a long-running dispute with entities that own the real estate upon which the facilities sit.

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