October 26, 2026
Visual media and stock image company Getty Images received approval for its debtor-in-possession financing in its first-day hearing. State attorneys general asked the U.S. Supreme Court to hear a challenge to "Texas two-step" bankruptcies. Linqto was allowed to tweak its confirmed Chapter 11 plan to bring in a new liquidating trustee after filing an adversary proceeding against the original trustee.
October 26, 2026
Papaya Gaming Ltd. can continue paying its ordinary business expenses in the U.S., but the mobile game company must transfer funds from its Israeli bank accounts in advance to ensure creditors including Skillz Platform are protected, a Delaware bankruptcy judge ruled Monday.
October 23, 2026
A Delaware bankruptcy judge Friday agreed to grant Chapter 15 recognition of Papaya Gaming Ltd.'s insolvency proceeding in Israel but ordered the debtor to freeze funds in its U.S. bank accounts in light of an earlier, more than $70 million transfer that the judge said "clearly prejudiced" creditor Skillz Platform.
October 16, 2026
Mobile game developer Papaya Gaming Ltd. on Friday defended its bid for Chapter 15 recognition of its Israeli restructuring, arguing it has always been based in Israel and was not trying to manipulate jurisdiction to avoid a $719 million judgment entered against it earlier this year in New York federal court.
October 13, 2026
A New York federal court decision that warned of "bankruptcy tourism" in Chapter 15 cases has given creditors new recourse to object to cross-border restructurings, landing at a moment when more U.S. companies are using foreign insolvency laws to obtain relief unavailable under Chapter 11.
September 14, 2026
A Delaware bankruptcy judge Monday outlined the path ahead toward considering whether mobile gaming company Papaya Gaming Inc. should receive Chapter 15 recognition for its insolvency proceeding in Israel.
August 04, 2026
Two companies facing significant asbestos-related liabilities headed to bankruptcy court with roadmaps for a resolution. A steel tube maker sought Chapter 15 protection following what it described as a year of tariff-related woes. And Arizona's largest fire district, which has stopped responding to emergency calls, filed for Chapter 9 relief after its local government withheld funding.
August 03, 2026
Israeli mobile gaming company Papaya Gaming, which runs millions of Solitaire and Bingo tournaments every day, filed a Chapter 15 bankruptcy petition in a Delaware court after being hit with a $719 million judgment last week in a New York federal court over false advertising claims.