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November 05, 2026
LIV Golf is shutting down its plan to reorganize after one of its debtor-in-possession lenders backed out of its pledge to contribute $300 million toward its reorganization, the troubled men's professional golf league told a New Jersey bankruptcy judge on Thursday.
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November 05, 2026
The Delaware Chancery Court on Thursday declined to revise rulings in a yearslong dispute over a distressed credit fund's records and more than $9 million of withheld cash, disagreeing with arguments that the fund's former managers and controllers had been improperly swept into the orders.
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November 05, 2026
A New Jersey bankruptcy judge said Thursday he will need to see more evidence to resolve an "ambiguity" over whether class action privacy claims against genetic testing company Invitae Corp. belong in his court.
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November 05, 2026
A Pennsylvania federal bankruptcy judge had qualms Thursday about plans to wind down the last two restaurants in the formerly regional Kings Family Restaurant chain, worrying the involuntary bankruptcy was driven by lawyers seeking to collect fees from an unpaid wages suit rather than current and former employees.
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November 05, 2026
A commercial tower landlord has asked the Federal Communications Commission for clarification or a waiver of agency rules governing a trust that EchoStar must use to repay companies related to its bankruptcy case.
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November 05, 2026
A Delaware bankruptcy judge Thursday gave fitness business FitLab Inc. interim permission to take out $2.5 million in Chapter 11 financing after hearing the company will be seeking to sell off its assets.
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November 04, 2026
A Texas bankruptcy judge said Wednesday that he would allow health-focused restaurant chain True Food Kitchen to borrow another $2 million to fund its Chapter 11 case and pay employees.
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November 04, 2026
The daughter of Chinese exile Miles Guo said that the Chapter 11 trustee who controls her father's bankruptcy estate is conflating two separate sections of the Bankruptcy Code, and she again urged the U.S. Supreme Court to resolve an alleged circuit split and reverse orders that placed $23 million in yacht sale proceeds plus a $37 million escrow into her father's estate.
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November 04, 2026
A union representing flight crew members for SkyWest Airlines has asked a New York bankruptcy court for permission to intervene in the Chapter 11 case of budget airline owner Spirit Aviation Holdings so that it can submit a statement opposing a sale of data to Google.
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November 04, 2026
WeAre8, a social media platform that uses artificial intelligence to moderate content, has filed for Chapter 11 protection in Delaware with more than $32 million in funded debt and plans to sell all its assets.
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November 04, 2026
A Delaware bankruptcy judge has given West Virginia coal plant operator Omnis Pleasants the go-ahead to accept an approximately $353 million baseline bid for its assets in an auction to be held next week.
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November 03, 2026
Fourteen states, a U.S. senator from Missouri and others are urging the U.S. Supreme Court to reverse a Second Circuit decision overturning a New York judge's $16 billion judgment against Argentina in a case that arose from its nationalization of YPF SA, the country's largest oil and gas exploration company.
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November 03, 2026
A Washington state judge has agreed to freeze a lawsuit accusing law firm Ashurst Perkins Coie of aiding and abetting a nearly $230 million Ponzi scheme, ordering the King County Superior Court litigation be put on hold pending an outcome in a related bankruptcy dispute.
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November 03, 2026
The country's largest Outback Steakhouse franchisee received approval Tuesday from a Delaware bankruptcy judge to access part of a $5.5 million Chapter 11 loan so that it can meet an upcoming payroll obligation and keep food and liquor flowing to its restaurants over the next few weeks.
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November 03, 2026
A legacy unit of defunct tire maker Uniroyal received confirmation of its Chapter 11 plan Tuesday from a New Jersey bankruptcy judge, who overruled an objection from U.S. Trustee's Office to the proposal's opt-out mechanism for obtaining support for third-party releases.
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November 03, 2026
A federal judge Tuesday said he was not inclined to rule just yet on a motion to compel documents and other discovery material related to the closure and attempted renaming of the John F. Kennedy Center for the Performing Arts, citing an impending briefing from the government due Friday.
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November 03, 2026
A prominent co-leader of the real estate practice at Weil Gotshal & Manges LLP is joining Goodwin Procter LLP as his former firm begins to wind down operations, according to a Tuesday announcement.
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November 02, 2026
Investors of now-bankrupt vaccine company Gritstone Bio Inc. have asked a California federal court to grant final approval to a $6 million settlement resolving claims that its former CEO failed to disclose the company's inability to carry out a $423 million government contract for COVID-19 vaccine research it was granted in 2023.
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November 02, 2026
A New York federal judge has ordered the former chief operating officer of an Arizona sporting complex to pay more than $2 million in restitution for his role in a nine-figure bond fraud scheme.
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November 02, 2026
Affiliates of ZOM Living, a Florida-based developer of luxury apartment buildings, have filed Chapter 11 papers with about $541 million of unsecured debt, saying the bankruptcy was a "last attempt to save their business and employees' jobs" amid a dispute over a property stemming from another developer's previous bankruptcy that followed a failed deal.
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November 02, 2026
A telehealth company focused on weight loss has filed for Chapter 11 protection in Delaware with $28 million in liabilities and a dual-track plan to either sell its assets or reorganize.
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November 02, 2026
Pharmaceutical company Karyopharm Therapeutics Inc. on Monday filed for Chapter 11 protection in a Texas bankruptcy court with $441.5 million in debt and a plan to merge with biotechnology firm Ayrmid Ltd.
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November 02, 2026
Holy Redeemer Health System filed for Chapter 11 protection in Pennsylvania to address about $441 million in liabilities, sell its hospital and restructure its senior and life care medical divisions.
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November 02, 2026
The operator of 61 Outback Steakhouse franchises in California and the Southwestern states Monday filed for Chapter 11 protection in Delaware with nearly $320 million in secured debt, saying the company had been "fatally undermined" by the COVID-19 pandemic.
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October 30, 2026
The lawyers chosen as Law360's 2026 MVPs stand out from their peers by notching significant achievements in high-stakes litigation, complex global matters and record-setting transactions.