August 07, 2025
A Delaware bankruptcy judge Thursday confirmed the Chapter 11 liquidation plan from the company that once owned conservative social media platform Parler after the debtor resolved an objection from its ousted CEO.
August 01, 2025
During August's first full week, bankruptcy judges will hear issues including Silicon Valley Bank's former parent company's fight with Cayman Islands liquidators over standing, Genesis Healthcare's request for final postpetition financing approval and a personal injury firm's agreement to appoint an examiner in its bankruptcy.
July 09, 2025
The company that once owned conservative social media platform Parler will continue to be protected from a $1.6 billion state court lawsuit the company's ousted CEO brought against it, but it will be subject to discovery requests related to other nondebtor defendants, a Delaware bankruptcy judge said Wednesday.
July 01, 2025
A Delaware bankruptcy judge Tuesday sent the Chapter 11 plan of former owner of conservative social media platform Parler out for a creditor vote after the company's ex-CEO said he was satisfied with the information it provided about his fight with the debtor.
June 27, 2025
With a slightly lighter calendar thanks to Independence Day, bankruptcy judges will consider the Chapter 11 plans and disclosure statements of Molecular Templates and the former owner of social media company Parler, rule on the asset sales of a charter school funder and Village Roadshow, and decide whether a California real estate firm can receive additional postpetition financing.
November 04, 2024
Facing a litigation stay deadline after the U.S. Supreme Court overturned its Chapter 11 plan, OxyContin maker Purdue Pharma was given a new one-month extension of the stay so that its creditors and the Sacklers can continue mediating to settle claims.
November 01, 2024
A Delaware bankruptcy judge Friday said he will approve the $6.35 million sale of the former owner of conservative social media platform Parler if the final deal sparks no objections after it is put on file.
July 23, 2024
The former owner of conservative social media platform Parler filed proposed Chapter 11 bidding procedures in Delaware court late Monday along with a settlement with its senior secured creditor that will return $300,000 to the estate.
July 22, 2024
The court-appointed watchdog for Miles Guo's bankruptcy has unpaused a civil racketeering conspiracy case against the Chinese billionaire after his criminal RICO case resulted in a conviction, ex-New York City mayor Rudy Giuliani's Chapter 11 case has still yet to be dissolved, and a new bankruptcy judge has ascended to the bench in New York.
July 16, 2024
A Delaware bankruptcy judge denied a bid by Parler's former owner to extend its bankruptcy stay to nondebtors in a lawsuit the company is facing, saying U.S. Supreme Court precedent barring certain third-party releases didn't apply but the company hadn't shown it was entitled to the request.