January 20, 2026
The parent of Saks Fifth Avenue filed for Chapter 11 in Texas with $3.4 billion in debt tied to its Neiman Marcus deal, the U.S. Supreme Court declined to hear an appeal in the Boy Scouts of America's bankruptcy case, and the European Commission approved hedge fund Elliott Investment's $5.89 billion bid for control of Citgo's parent. This is the week in bankruptcy.
January 13, 2026
A Delaware bankruptcy judge on Tuesday granted final approval of mortgage servicer AmeriFirst Financial Inc.'s Chapter 11 plan and disclosure statement, overruling objections from the Office of the U.S. Trustee concerning the payment of administrative and priority claims.
December 08, 2025
A New York federal judge overturned Gol Linhas' Chapter 11 plan over third-party releases. Linqto was cleared to solicit creditor votes on its Chapter 11 plan; AmeriFirst received conditional approval for its disclosure statement despite the Office of the U.S. Trustee's objection. A Missouri judge approved 23andMe's $16.5 million cyber insurance buyback settlement.
December 04, 2025
A Delaware bankruptcy judge agreed Thursday to grant conditional approval for bankruptcy mortgage servicer AmeriFirst's disclosure statement outlining its Chapter 11 plan, finding the objections raised by the U.S. Trustee's Office are best reserved for the plan confirmation hearing.
November 26, 2025
On the heels of the Thanksgiving holiday weekend, bankruptcy judges will consider debtor-in-possession financing requests from hospital operator Prospect Medical and Office Properties Income Trust, bidding procedures for the sale of pharmacy business Omnicare's assets, and a disclosure statement from mortgage service provider AmeriFirst Financial.
August 21, 2025
Bankrupt mortgage lending company AmeriFirst Financial Inc. received court approval on Thursday in Delaware for a global settlement with creditors that resolves two years of legal disputes among the parties and opens a path for a Chapter 11 plan to be proposed by the debtor.
August 06, 2025
Bankrupt mortgage service provider AmeriFirst Financial Inc. proposed a global settlement of disputes in its Chapter 11 case that will break a months-long roadblock to resolution of its bankruptcy proceedings.
January 10, 2025
The official committee of unsecured creditors in the Chapter 11 case of mortgage services company AmeriFirst Financial Inc. had their incurred professional fees allowed by a Delaware bankruptcy judge Friday, but the creditor body will have to wait for payment until questions about the debtor's budget are resolved.
January 08, 2025
Bankrupt mortgage service provider AmeriFirst Financial Inc. is heading back into mediation with unsecured creditors after a Delaware judge said Wednesday that a resolution is needed in the stagnant Chapter 11 proceedings.
August 14, 2024
AmeriFirst's unsecured creditors can seek repayment of $10.3 million they alleged were fraudulently transferred, a Delaware bankruptcy judge ruled Wednesday, saying there are open questions about a secured lender's influence over the defunct mortgage services provider leading up to its Chapter 11 bankruptcy.