A pair of unions representing former Spirit Airlines employees Friday tore into the bankrupt airline's request to pay executives incentives to keep them on while the carrier winds down its operations, saying t... (more story)

A Texas bankruptcy judge approved a confidential settlement between law firm Paul Hastings LLP and Johnson & Johnson talc unit Red River Talc over $8 million in disputed fees sought by the firm for its represe... (more story)

A Texas bankruptcy judge signed off Friday on retailer Saks Global's Chapter 11 plan, allowing the debtor to cut most of its existing debt and borrow $500 million in new money to support an effort to revitalize its business.

King & Spalding LLP announced Thursday that it has hired two former Proskauer Rose LLP attorneys, one of whom co-led their prior firm's global finance and corporate and fund finance teams.

Digital Currency Group Inc. has asked a federal court to pull a Delaware Court of Chancery lawsuit brought by bankrupt crypto lender Genesis Global into the New York bankruptcy proceedings that have overseen t... (more story)

The past week in London has seen the U.K.'s oldest Indian restaurant launch an appeal against King Charles III's property company in an effort to stop its eviction, trustees of a bankrupt former EY tax partner... (more story)

Summer camp operator SIMAD Holdings has filed for Chapter 11 protection in New Jersey bankruptcy court with more than $500 million in debt.

QVC Group Inc. defended its Chapter 11 plan at the beginning of a multiday confirmation hearing, calling it the result of a robust, good-faith process and arguing that a competing proposal from objecting prefe... (more story)

Rusoro Mining Ltd. urged the Delaware Chancery Court on Thursday to dismiss Gold Reserve Ltd.'s lawsuit over a failed bid for Citgo Petroleum Corp.'s parent company, arguing the case is an improper attempt to ... (more story)

The Second Circuit will not review its decision this year reversing a New York judge's $16 billion judgment against Argentina arising from its nationalization of YPF SA, the country's largest oil and gas explo... (more story)

Texas' bankrupt former hospital owner Sherman/Grayson Hospital LLC said that professional fees have been paid, monthly operating reports filed and other steps taken that should prevent its Chapter 11 case from... (more story)

The U.S. Trustee's Office has objected to rent-to-own company FlexShopper's Chapter 11 plan in Delaware bankruptcy court, arguing that the debtor's proposal contains third-party releases that violate a 2024 U.... (more story)

The former parent company of the now-bankrupt Santa Barbara News-Press, the newspaper's former owner, and related entities must pay $3.6 million in back pay in a long-standing labor dispute with the Teamsters ... (more story)

The bankruptcy trustees of former EY head of tax John Dixon are bringing a claim against his wife, according to a newly public entry on the High Court's filing system.

Casino operator Maverick Gaming told a Texas bankruptcy court it has arrived at a settlement with the U.S. Small Business Administration over its lawsuit seeking forgiveness for COVID-19 pandemic loans, a deal... (more story)

Empire Petroleum Corp. Chairman Philippe Mulacek filed a Chapter 11 petition Thursday, pausing enforcement efforts against him over a more than $210 million judgment in a long-running Texas federal court fight... (more story)

A Texas bankruptcy judge has approved bankrupt wind energy company Shannon Wind's $129.5 million sale and its Chapter 11 liquidation plan.

A Delaware bankruptcy judge on Thursday agreed to conditionally approve the disclosure statement for biotechnology company Alachua Government Services' Chapter 11 liquidation plan after the debtor announced it... (more story)

Bankrupt drug research and development company Inotiv Inc. received interim approval on Thursday to access a $25 million bankruptcy loan as it pursues a prepackaged balance sheet restructuring in Texas court.

Polsinelli PC has named the leader of its national distressed healthcare practice to take the helm of the firm's Atlanta office, succeeding an attorney who will continue leading the firm's technology transacti... (more story)