September 28, 2026
Spirit Airlines won approval to sell 27 aircraft for $668 million, while Florida's Brightline parent company pursued a restructuring of more than $1 billion in bond debt. Wendy's said one of its largest U.S. franchisees no longer has the right to operate 314 restaurants. Lugano Diamonds secured confirmation of its liquidation plan.
September 24, 2026
A Delaware bankruptcy judge Thursday confirmed Lugano Diamonds' Chapter 11 liquidation plan, after the jewelry house finalized a deal with its former CEO.
September 21, 2026
The U.S. House of Representatives passed a bill to restore higher debt limits for streamlined bankruptcies, jewelry house Lugano Diamonds obtained confirmation of its Chapter 11 plan and a Texas bankruptcy judge said she would approve a settlement in Genesis Healthcare's insolvency case.
September 17, 2026
The Delaware bankruptcy court Thursday granted confirmation of jewelry house Lugano Diamonds' Chapter 11 plan, conditioned on the documentation of a settlement with the company's former CEO.
September 11, 2026
Nightclub Balcon Salon will have a hearing on its liquidation plan and disclosure, FTX's recovery trust will undergo an omnibus hearing and a Texas bankruptcy judge will conduct a status conference in Fat Brands' case.
September 01, 2026
The U.S. Securities and Exchange Commission has sued Mordechai Haim Ferder, the ex-CEO of bankrupt Lugano Diamonds & Jewelry Inc., and his wife to recover more than $17.7 million they allegedly reaped through a fraudulent diamond investment scheme via trusts they controlled.
August 28, 2026
Genesis Healthcare is seeking a preliminary injunction against a former executive, Lugano Diamonds hopes to confirm its Chapter 11 liquidation plan, and former talc supplier Whittaker Clark & Daniels is trying to get approval of its environmental settlement.
July 14, 2026
A Delaware bankruptcy judge granted conditional approval to the Chapter 11 plan disclosure statement of jewelry house Lugano Diamonds Tuesday, saying concerns about the plan could best be raised at hearings on confirmation of the proposal.
July 10, 2026
Jewelry house Lugano Diamonds will seek approval of its bankruptcy plan disclosure, as will battery recycler Ascend Elements, and drug research company Inotiv Inc. will ask for confirmation of its Chapter 11 plan.
July 08, 2026
The onetime CEO of Lugano Diamonds and the U.S. Trustee's Office have both taken shots at the jewelry house's Chapter 11 plan disclosure, with the former executive alleging it was "misleading" and the bankruptcy watchdog taking issue with releases.