TPG Capital must face a lawsuit seeking to claw back $4.1 billion it made from the sale of a generic opioid manufacturer to Endo International PLC, whose trustee has alleged it did not receive reasonably equiv... (more story)

A Texas bankruptcy judge granted conditional approval for the disclosure statement of Fat Brands' Chapter 11 plan, allowing the chain restaurant operator to seek creditor votes on its post-sale liquidation plan.

Reorganized debtor airline Azul SA asked a New York bankruptcy judge to shut down collection efforts in Brazil by two of its creditors, saying their claims were discharged under the Chapter 11 plan approved last year.

Jewelry house Lugano Diamonds on Monday secured a Delaware bankruptcy judge's tentative approval to transfer an insurance policy to a creditor that consigned the debtor a diamond worth $10.5 million that later went missing.

The U.S. Supreme Court on Monday said it won't hear a challenge by asbestos claimants to the "Texas two-step" bankruptcy of Georgia-Pacific spinoff Bestwall.

A New York bankruptcy judge on Friday questioned whether his court was the proper venue to wind down two commercial real estate law firms headed by Mark J. Nussbaum as the debtors sought to ditch an assignment... (more story)

The past week in London has seen the billionaire who donated £5 million ($6.7 million) to Nigel Farage sue Ben Habib, the leader of far-right party Advance UK, for defamation; Mashreqbank bring claims against ... (more story)

Lenders to First Brands-affiliated special purpose financing vehicles entities reached a deal with Onset Financial Inc., allowing collateral to be liquidated while the parties pursue litigation to resolve comp... (more story)

The Polish subsidiaries of alternative energy investment company GoldenPeaks Capital filed Chapter 11 petitions in Texas bankruptcy court Friday listing between $500 million and $1 billion of debt.

Two New Fortress Energy affiliates asked a New York bankruptcy judge Friday to recognize their efforts to restructure in the English courts by exchanging nearly $8.1 billion in debt for equity and spinning off... (more story)

The bankruptcy plan administrator for the genetic testing company formerly known as 23andMe is urging a Missouri bankruptcy court to shut down a lawsuit recently lodged by California's attorney general that se... (more story)

A bankruptcy trustee may continue to pursue claims that a lender violated an oral amendment to a loan agreement, a former executive for a Dunkin' franchisee cannot push his case to Delaware, and a law firm hir... (more story)

A Florida bankruptcy court judge has dismissed the Chapter 13 case of a suspended lawyer facing state bar disciplinary charges over allegations that he defrauded dozens of clients by charging them legal fees f... (more story)

A Delaware bankruptcy judge Monday heard cybersecurity firm IronNet is still about $1 million behind on its Chapter 11 payment obligations and a motion to dismiss the case is still on the table.

The U.S. Trustee's Office has moved to dismiss the Chapter 11 case of World Cafe Live, a nonprofit live performance venue in Philadelphia, arguing that the debtor failed to file monthly operating reports on time.

Artificial intelligence-enabled voice generating software company Lovo Inc. has filed for Chapter 7 protection in New York in the midst of an ongoing putative class action brought by voice actors alleging thei... (more story)

Urgent care company Carbon Health Technologies on Friday secured a Texas bankruptcy judge's approval of its Chapter 11 plan, letting the debtor set up a $12 million trust for creditors and reorganize its busin... (more story)

California moved Thursday to sue the genetic testing company formerly known as 23andMe over a 2023 data breach that exposed the personal information of nearly 7 million customers, arguing that the company fail... (more story)

A Virginia federal judge won't intervene in a deal resolving a proposed Fair Credit Reporting Act class action against Equifax, ruling that the undisclosed settlement, which was announced prior to class certif... (more story)

The Sixth Circuit revived part of the estate of late Parliament-Funkadelic keyboardist George "Bernie" Worrell's copyright suit against group co-founder George Clinton and his company Thang Inc., ruling that a... (more story)