October 29, 2026
A pharmaceutical group is seeking a structured dismissal of its Chapter 11 case after the sale of its business left it with limited funds. A New York power plant operator will hold an auction in November for its facility. Car parts group Marelli settled litigation over plans to hire a competitor's former CEO when it exits bankruptcy.
August 26, 2026
Automotive technology group OPmobility has asked a Delaware bankruptcy judge to block its former CEO from working for Marelli Corp., a bankrupt competitor that is working to exit Chapter 11, saying the appointment would endanger trade secrets and violate a noncompete agreement.