A one-time Jackson Walker LLP sought to exit a lawsuit asserting she, a former Texas bankruptcy judge and law firms fomented "mass corruption," textile developer Lycra confirmed its restructuring plan, and a police union received approval to modify its Chapter 11 stay to appeal a state court judgment.
Saks will seek the all-clear to sell leases, cannabis products purveyor Cannabist will look for Chapter 15 recognition and solar project Tonopah Solar Energy LLC will ask for interim approval of its plan and disclosure.
A BlockFills creditor wants a Chapter 11 trustee to take over the crypto group's bankruptcy, Saks has asked for more time to accept or reject leases, and the creditors committee for healthcare group Carbon Health Technologies says its latest bankruptcy funding loan is too high.
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A one-time Jackson Walker LLP sought to exit a lawsuit asserting she, a former Texas bankruptcy judge and law firms fomented "mass corruption," textile developer Lycra confirmed its restructuring plan, and a police union received approval to modify its Chapter 11 stay to appeal a state court judgment.
Saks will seek the all-clear to sell leases, cannabis products purveyor Cannabist will look for Chapter 15 recognition and solar project Tonopah Solar Energy LLC will ask for interim approval of its plan and disclosure.
A BlockFills creditor wants a Chapter 11 trustee to take over the crypto group's bankruptcy, Saks has asked for more time to accept or reject leases, and the creditors committee for healthcare group Carbon Health Technologies says its latest bankruptcy funding loan is too high.
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May 12, 2026
A prison healthcare company filed for Chapter 11 in light of up to $400 million in litigation liabilities, a Mexico-based marine oil rig service company sought U.S. recognition of a foreign insolvency and a Cayman Islands insurance company indirectly owned by Prospect Medical Holdings also filed for Chapter 15 protection.
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May 11, 2026
Radio station operator Spanish Broadcasting System Inc. filed for Chapter 11 protection Monday in Delaware bankruptcy court with a plan to hand control of the company to its noteholders and trim $240 million in debt.
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May 11, 2026
A Texas bankruptcy judge on Monday agreed to grant a stay to a Mexico-based marine oil rig service company, freezing two pending lawsuits against its U.S. assets until a Chapter 15 recognition hearing next month.
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May 11, 2026
A California federal judge Monday tossed a proposed class action accusing beauty technology firm Cutera and its executives of misleading investors about its acne treatment launch and financial results, finding the legal claims against the company were abandoned and discharged under its Chapter 11 plan.
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May 11, 2026
A New York bankruptcy judge Monday blocked a South Carolina state court evidentiary hearing in two personal injury lawsuits against Asbestos Corp. Ltd., finding the automatic stay of the company's bankruptcy case applies to the state court hearing that had been scheduled for Tuesday.
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May 11, 2026
A Delaware bankruptcy judge said Monday he will send the Chapter 11 case of student housing owner Element Student Living to California because that is where the debtor's sole asset is located, finding there are no compelling reasons to keep the case in Delaware.
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May 11, 2026
A Pennsylvania-based gun building kit retailer and a connected gun show operator have filed Chapter 7 papers in Pennsylvania, in the wake of litigation looking to hold the business on the hook for violence committed using so-called ghost guns.
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May 11, 2026
The Cannabist Co. Holdings Inc. received Chapter 15 recognition from a Delaware bankruptcy judge of its Canadian insolvency proceeding after reserving the rights of a secured creditor who had argued the proceeding would be contrary to U.S. public policy.
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May 11, 2026
The Delaware Chancery Court this past week handled a varied mix of settlement approvals, political office disputes, transaction fights, emergency injunction bids and questions over how far the court can go to preserve records for litigation outside Delaware.
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May 11, 2026
Prison healthcare company YesCare has filed for Chapter 11 protection, citing "extraordinary financial and operational burden imposed by extensive litigation" from incarcerated tort claimants.
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May 11, 2026
Insurers could face challenges in gathering data under new regulation that will require them to document how they would leave the market in an orderly way, a trade body said Monday.
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May 08, 2026
A Texas federal judge on Friday probed whether assets belonging to Infowars operator Free Speech Systems LLC are part of Alex Jones' bankruptcy estate, a finding that could block the families of victims of the Sandy Hook Elementary School shooting from pursuing the assets through state-court collection efforts.
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May 08, 2026
A New York City condominium board that's connected to a Midtown Manhattan hotel and a 57-unit condominium building told a New York federal bankruptcy court to not dismiss its Chapter 11 bankruptcy case, arguing that the board was allowed to start the proceedings and it can fix any problems with the petition.
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May 08, 2026
A Texas bankruptcy judge Friday approved $11 million in additional Chapter 11 financing for urgent care facility operator Carbon Health Technologies as talks continue between parties in the case.
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May 08, 2026
The Roman Catholic Diocese of Buffalo, New York, has asked for a bankruptcy court's permission to accept a $4.6 million offer for its headquarters, after its stalking horse bidder was outbid.
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May 08, 2026
Parker Group Inc., a Valar Ventures-backed digital banking service for online businesses, has filed for Chapter 7 in Delaware bankruptcy court with $50 million to $100 million each in assets and liabilities.
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May 08, 2026
A New Jersey federal judge closed the books on a years-long severance dispute between A360 Media LLC, Bauer Media Group USA LLC and a former executive, after entering a sealed opinion and order terminating the case.
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May 07, 2026
The bankrupt Norwich Roman Catholic Diocesan Corp. has reached a settlement with its insurer in a Connecticut state court lawsuit alleging the insurer improperly bailed on defense coverage for a sexual abuse case just days before the start of a trial.
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May 07, 2026
A New York bankruptcy judge Thursday told former talc miner Vanderbilt Minerals it can accept a $64 million bid for its mines and said she will give interim approval for $15 million in new Chapter 11 financing from the buyer.
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May 07, 2026
A Delaware bankruptcy judge on Thursday signed off on a request by US Magnesium's unsecured creditors to solicit votes on a Chapter 11 liquidation plan, months after the defunct mineral supplier sold most of its assets to the state of Utah for $30 million.
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May 07, 2026
Mexico-based marine oil rig service company DEMAR Instaladora y Constructora SA de CV has asked a Texas bankruptcy court to recognize its Mexican bankruptcy proceeding, saying that it spiraled financially after Mexico's state-owned oil company Pemex hit its own financial crisis.
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May 07, 2026
Connecticut Healthcare Insurance Co., a Cayman Islands insurance company indirectly owned by bankrupt hospital chain Prospect Medical Holdings, received provisional relief Thursday for its Cayman wind-up proceedings that involve a $26 million payment to Prospect.
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May 07, 2026
The Office of the U.S. Trustee opposed the Chapter 11 disclosure statement of a bankrupt Alaska-based airline, saying it lays out a "fundamentally unfair" process for creditors to object if the debtor tries to throw out their claims.
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May 06, 2026
Connecticut Healthcare Insurance Company, a Cayman Islands insurance company indirectly owned by Prospect Medical Holdings, has filed a Chapter 15 petition in Texas bankruptcy court seeking recognition of its Cayman winding-up proceedings that involve a $26 million payment to Prospect.
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May 06, 2026
Bankruptcy experts and attorneys for cannabis companies will be closely watching next Tuesday's Chapter 15 recognition hearing for The Cannabist Co. Holdings, which if approved could provide a novel path for cannabis-related companies to access U.S. bankruptcy court after historically being blocked by marijuana's status as a federally controlled substance.