A group of attorneys from Law Offices of Frank J. Wright PLLC and Shannon Lee Beatty LLP is representing hormone therapy company SynergenX in its Chapter 11 case.
A Brazilian environmental cleanup company sought bankruptcy court recognition for a $1 billion restructuring in its home country. The owner of a defunct Pennsylvania boarding school re-entered Chapter 11. And a Rhode Island jail operator filed for bankruptcy.
A Texas court ruled that lenders excluded from Serta Simmons Bedding's uptier restructuring are owed more than $400 million. A Missouri judge approved a $46.7 million data breach settlement for 23andMe claimants, while the Second Circuit ruled an investor can keep its Bed Bath & Beyond stock profits. Linqto won approval to pay off its Chapter 11 loan with securities, and Viridis Chemical got its Chapter 11 liquidation plan confirmed after its asset sale.
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A group of attorneys from Law Offices of Frank J. Wright PLLC and Shannon Lee Beatty LLP is representing hormone therapy company SynergenX in its Chapter 11 case.
A Brazilian environmental cleanup company sought bankruptcy court recognition for a $1 billion restructuring in its home country. The owner of a defunct Pennsylvania boarding school re-entered Chapter 11. And a Rhode Island jail operator filed for bankruptcy.
A Texas court ruled that lenders excluded from Serta Simmons Bedding's uptier restructuring are owed more than $400 million. A Missouri judge approved a $46.7 million data breach settlement for 23andMe claimants, while the Second Circuit ruled an investor can keep its Bed Bath & Beyond stock profits. Linqto won approval to pay off its Chapter 11 loan with securities, and Viridis Chemical got its Chapter 11 liquidation plan confirmed after its asset sale.
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July 16, 2026
Distressed debt investor Lynn Tilton's Patriarch Partners must pay roughly $2.4 million to the litigation trust for a trio of collateralized loan funds she founded in the 2000s, a New York federal judge has ruled, finding that Tilton's private equity firm breached a credit contract.
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July 16, 2026
Financial strain from the COVID-19 pandemic, mounting debt and an acute liquidity crisis led Pacifica Hospital of the Valley, a 231-bed hospital in Los Angeles, to seek Chapter 11 protection in Delaware.
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July 16, 2026
Michigan's attorney general has accused Climax Solar, its owner and the seven financial institutions that financed consumer purchases of the company's home solar systems of participating in a widespread, solar finance scheme that promised customers big savings but resulted in long-term debt.
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July 16, 2026
Bankrupt furniture retailer American Signature Inc. has asked a Delaware bankruptcy judge for permission to sell its potential antitrust claims against Google for about $5.76 million, arguing that converting an uncertain litigation asset into immediate cash is the best way to maximize value for creditors while avoiding the costs and risks of pursuing the claims itself.
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July 16, 2026
A New York bankruptcy court Thursday approved the Chapter 11 plan of Excell Communications Inc., a telecommunications infrastructure developer, after the company's owner agreed to provide $1.3 million for unsecured creditors.
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July 16, 2026
A founder seeking over $100 million from Simpson Thacher & Bartlett over a transaction he says destroyed his insurance services company testified Thursday the law firm provided him no education on various words he wasn't familiar with in the deal.
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July 15, 2026
Federal appeals courts had wide-ranging successes and struggles during the U.S. Supreme Court's recently completed term: One had its best showing in years following its worst showing in years; one felt déjà vu after recently starting to find favor with the justices; and one saw its reputation for independence occupy a rare role in the Supreme Court spotlight.
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July 15, 2026
The California federal judge overseeing the bench trial on the Federal Deposit Insurance Corporation's claim that Silicon Valley Bank's officers mismanaged its assets before the bank's 2023 collapse told the two sides on Wednesday to be prepared for interruptions to their closing arguments, saying "I won't be a silent jury."
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July 15, 2026
Unsecured creditors of soda ash and borate mining company Searles Valley Minerals have urged a Delaware bankruptcy judge to reject the debtor's Chapter 11 financing motion, saying the debtor-in-possession funding agreement would slight creditors and give away valuable assets to the debtor's parent.
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July 15, 2026
A Delaware bankruptcy judge on Wednesday threw out Sherman/Grayson Hospital LLC's Chapter 11 amid uncertainty over whether $17 million in administrative claims would be paid to avoid either conversion or dismissal.
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July 15, 2026
A bankruptcy judge has ruled a small city in central Washington did not act in bad faith when it sought Chapter 9 protection after a dispute with a developer left it facing a $26 million judgment.
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July 15, 2026
Simpson Thacher & Bartlett LLP put an insurance services company out of business with a poorly constructed private securities offering, the company's founder told a Florida state jury Wednesday in opening arguments for trial in his suit alleging the law firm owes him more than $100 million.
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July 15, 2026
A Pennsylvania federal jury found Wednesday that a man accused of threatening to kill judges is not guilty.
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July 15, 2026
In a bid to stop the flow of untraceable firearms into the Garden State, New Jersey Attorney General Jennifer Davenport announced Wednesday that her office sued a Pennsylvania man alleged to be one of the largest suppliers of products used to make ghost guns.
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July 15, 2026
Renewable energy companies have continued to file for Chapter 11 relief in the first half of 2026, the Iran war and inflated fuel prices have hit the transportation and logistics sector, and software companies are bracing for the impact of artificial intelligence.
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July 15, 2026
A Texas bankruptcy judge gave battery recycler Ascend Elements the all-clear Wednesday to take a vote on its Chapter 11 liquidation plan.
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July 15, 2026
Weil Gotshal & Manges LLP announced on Wednesday that U.S. restructuring co-chair Matt Barr will assume the newly created role of global restructuring chair.
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July 14, 2026
The Fourth Circuit ruled Tuesday that a trial court must determine if a $166 million arbitral award against convicted insurance mogul Greg Lindberg can stand under North Carolina law, reversing a lower court's confirmation of the award under the Federal Arbitration Act.
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July 14, 2026
Dolphin park owner Leisure Investments has asked a Delaware bankruptcy judge to reject a motion its onetime CEO filed seeking dismissal of the company's bankruptcy case, contending he grossly misrepresented the results of court proceedings in Mexico.
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July 14, 2026
Right-wing conspiracy theorist Alex Jones' media company has urged the Texas Supreme Court to reject a bid by victims of the Sandy Hook Elementary School shooting to license his website, Infowars, to The Onion, arguing the request is defective and the satire publication is already damaging the brand.
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July 14, 2026
A California bicycle seller told the U.S. Tax Court that the IRS' faulty appraisal of its value caused the agency to mischaracterize a transaction with its parent company as a discharge of indebtedness and a $15.5 million income increase, leading to a $3.3 million deficiency assessment.
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July 14, 2026
A New York bankruptcy judge Tuesday gave final approval to watch designer and manufacturer E. Gluck's Chapter 11 liquidation plan, setting it up to exit a bankruptcy that followed shifting consumer demand and macroeconomic headwinds affecting the business.
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July 14, 2026
The Department of Justice's bankruptcy watchdog urged a Delaware bankruptcy judge to reject mining operation Searles Valley Minerals' bid to hire Ankura as its restructuring adviser, saying its engagement letter contains improper liability limitations.
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July 14, 2026
A team of lawyers from McDermott Will & Schulte and Robinson & Cole LLP is guiding the unsecured creditors committee in summer camp company SIMAD Holdings' bankruptcy.
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July 14, 2026
A Texas bankruptcy judge Tuesday gave final approval to drug research and development company Inotiv Inc.'s Chapter 11 plan disclosure statement, as well as his permission to implement the plan.