January 29, 2026
Genesis Healthcare and a former bidder for the debtor's assets opposed installation of a Chapter 11 trustee before a bankruptcy court refused the idea. A Texas bankruptcy judge refused to rethink approving a casino operators' $28 million sale for the Teamsters. And auto parts maker Marelli Corp. sought more time to submit a bankruptcy plan.
January 29, 2026
A Texas bankruptcy judge Thursday declined a bid to install a Chapter 11 trustee in Genesis Healthcare's case, finding the debtor has existing safeguards and appointing a trustee could disrupt the closing of a roughly $1 billion sale of the nursing home group.
January 26, 2026
Nursing home operator Genesis Healthcare secured approval of a $1 billion asset sale, Roomba-maker iRobot received confirmation of its bankruptcy plan, and Saks got the go-ahead to begin liquidating online inventory.
January 20, 2026
A Texas bankruptcy judge on Tuesday signed off on Genesis Healthcare's roughly $1 billion sale of its assets to an affiliate of NewGen Health, about a month after the judge rejected a previous deal that would have kept company insiders in control of Genesis.
January 16, 2026
Education technology group Anthology and the maker of Roomba vacuums will seek court approval for their Chapter 11 plans. Nursing home operator Genesis is asking for approval of a $1 billion asset sale. And former trucking group Yellow Corp. is looking to end years of litigation through a settlement with a group of pension plans.
January 15, 2026
Nursing home operator Genesis Healthcare on Wednesday said it had chosen a roughly $1 billion bid in its second Chapter 11 auction and gave the back up bidder's role to an entity that had challenged the results of the previous auction.
January 12, 2026
Genesis healthcare named its new stalking horse bidder in a rerun of its asset auction, a New Jersey federal judge signaled an intent to restart Johnson & Johnson's libel claim against the author of an article linking talc to mesothelioma and solar energy developer Pine Gate Renewables snagged approval of a $285 million sale of certain assets.
January 07, 2026
Nursing home operator Genesis Healthcare may hold a new Chapter 11 auction with a fresh stalking horse offer worth nearly $1 billion, a Texas bankruptcy judge ruled Wednesday, a month after she nixed the results of its previous auction.
January 06, 2026
Bankrupt nursing home company Genesis Healthcare Inc. on Tuesday announced Genie 3 Partners LLC as its new stalking horse bidder for the upcoming second auction of all its assets, following a Texas bankruptcy judge's rejection last month of the previous sale bid.
January 02, 2026
Creditors are asking a Texas bankruptcy judge to give them more than 99% of a reorganized oil driller's equity following a ruling from the Fifth Circuit. A subprime auto lender is hoping to send its Chapter 11 plan out for a creditor vote. And a bankrupt nursing home operator will defend its lawsuit against federal regulators to keep an Alabama location open.