An attorney who is an expert in private investment in public equity transactions told a Florida jury hearing a malpractice case against Simpson Thacher & Bartlett LLP Thursday that companies who enter into an ... (more story)

Robert Drain, the former Southern District of New York bankruptcy judge who oversaw Purdue Pharma's Chapter 11 case, will serve as a senior adviser and head of fiduciary services at M3 Partners, the restructur... (more story)

A Delaware bankruptcy judge on Thursday approved biotechnology investor Apple Tree Life Sciences Inc.'s bid to deploy another $4 million in Chapter 11 to support its portfolio companies, after the debtor and i... (more story)

A federal grand jury is investigating the bankrupt summer camp operator SIMAD Holdings, its controlling shareholders and related entities, and the company has received a demand to produce documents as part of ... (more story)

Reorganized commodities brokerage MF Global proposed a multistep restructuring process that it says will help speed up and increase recoveries due to unsecured creditors nearly 13 years after a New York bankru... (more story)

Objecting noteholders have told a New York bankruptcy judge that the Chapter 15 cases of U.S. affiliates of Spanish auto parts maker Grupo Antolin violate U.S. bankruptcy principles and should be thrown out, w... (more story)

A New York bankruptcy judge has overruled the objection from the U.S. Trustee to the employee retention plan from Sleep Number, finding that the employees aren't insiders, that the risk of them leaving was rea... (more story)

Buchalter PC announced that a longtime bankruptcy attorney who previously served on the firm's board of directors has been named managing partner of its San Francisco office.

Baker Donelson Bearman Caldwell & Berkowitz PC has fortified its bankruptcy practice with a Houston-based shareholder who came aboard from Winstead PC.

YSA Investments 1, a private lender and asset management company, has filed for Chapter 11 protection in Delaware bankruptcy court with more than $500 million in debt.

Bankrupt prison healthcare company YesCare will have a Chapter 11 trustee take over administration of its insolvency case after a Florida judge approved a deal with the official committee of unsecured creditors Thursday.

A Delaware bankruptcy judge signed off on Omnis Pleasants LLC's package of first day motions Wednesday, rejecting calls by the West Virginia power plant's parent company to toss the Chapter 11 as a bad faith filing.

Simry Realty Corp. and members of the Haruvi family who placed it into Chapter 11 have balked at a request by another member of the family to scrap the bankruptcy, saying the case was properly authorized and f... (more story)

A New Jersey federal judge allowed cosmetics company Glamour Dolls Inc. to pursue claims against an investor who the company claims promised to barter consulting services for a stake in the business, but then ... (more story)

The U.S. Securities and Exchange Commission claimed two real estate investment trust executives raised $152 million in a fraudulent securities offering and misrepresented the company's bleak outlook in an exte... (more story)

Future Legends LLC, the owner of a sports complex in Colorado, has filed for Chapter 11 protection in California with $100 million to $500 million in liabilities following legal battles with a local government... (more story)

The Third Circuit affirmed Tuesday that hospital owner Alecto Healthcare Services' streamlined Chapter 11 and the resulting plan confirmation withstood an appeal by a creditors' group.

Tubos, a steel pipe maker, filed for Chapter 15 protection in a Texas bankruptcy court Tuesday, seeking recognition of a Spanish insolvency proceeding it had launched, saying U.S. tariffs damaged its business.

The chief financial officer for an insurance company told a Florida jury Tuesday that a stock drop for Patriot National Inc. — which is suing Simpson Thacher & Bartlett LLP for malpractice for allegedly puttin... (more story)

David Shabsels, who listed $782 million of liabilities in his personal Chapter 11 bankruptcy case, said Monday he often signed loan documents that were given to him by his brother, against whom he may have fut... (more story)