April 20, 2026
A New York bankruptcy judge determined Jones Day cannot represent former talc producer Vanderbilt Minerals in its Chapter 11 case. Label maker Multi-Color and film producer Village Roadshow confirmed Chapter 11 plans. And U.S. Bankruptcy Judge John T. Dorsey, the former chief judge of Delaware's bankruptcy court, passed away "following a courageous battle with cancer." This is the week in bankruptcy.
April 16, 2026
A New Jersey bankruptcy judge on Thursday confirmed Multi-Color Corp.'s reorganization plan less than three months after the label-maker sought Chapter 11 protection, allowing the company to slash $3.9 billion in debt and raise $889 million in new capital.
April 15, 2026
Multi-Color Corp. told a New Jersey bankruptcy judge Wednesday it had reached a settlement with creditors that resolves almost all objections to a Chapter 11 plan that would let the label maker eliminate $3.9 billion in debt and preserve thousands of jobs.
April 10, 2026
Label-maker Multi-Color and film producer Village Roadshow will seek court approval for their respective Chapter 11 plans. Spirit Airlines is hoping to send the reorganization plan for its second bankruptcy off for a creditor vote. And creditors to Brazilian telecommunications group Oi SA will argue that a planned equity sale violates an earlier Chapter 15 order.
April 10, 2026
Multi-Color Corp. is barreling toward a confirmation hearing Monday in New Jersey amid a slew of disputes in its fast-tracked Chapter 11 case, potentially threatening the success of the label-maker's $3.9 billion debt reduction plan, experts told Law360.
April 09, 2026
A creditor group in Multi-Color Corp.'s Chapter 11 case has urged a New Jersey bankruptcy judge to delay the label-maker's confirmation hearing by at least a month, saying the debtor has run a "sham" sale process designed to let Multi-Color's private equity sponsor retain ownership of the company.
April 06, 2026
Spirit Airlines named its stalking horse as the winner of 20 planes previously set for auction. Saks Global Enterprises got exit funding and proposed a Chapter 11 plan. And a Delaware bankruptcy judge largely approved Yellow Corp.'s settlement of billions in pension fund claims.
April 03, 2026
In the week ahead, bankruptcy courts will consider whether to dismiss a clawback suit from the estate of bankrupt crypto exchange FTX, label maker Multi-Color's bid to disband the official committee of unsecured creditors in its case, the sale of Avenger Flight Group to its stalking horse bidder, and the contested disclosure statement from urgent care facility operator Carbon Health Technologies Inc.
April 03, 2026
The U.S. Trustee's Office and the unsecured creditors committee in Multi-Color Corp.'s Chapter 11 case shot back at the label maker's bid to disband the committee, telling a New Jersey bankruptcy judge that he lacks the necessary authority and arguing the debtor's request is an act of intimidation.
April 02, 2026
U.S. Bankruptcy Judge Michael B. Kaplan told Law360 Thursday he was "surprised" by skepticism over his decision to serve as mediator in a Chapter 11 case he is also presiding over, an arrangement some experts said was rare and potentially concerning.