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Texas boutique firm Vartabedian Katz Hester & Haynes is serving as debtor's counsel for summer camp operator Camp Mystic LLC, which has filed for Chapter 11 protection almost a year after extreme floods killed 28 people at the camp.
A battery recycler will seek a Texas bankruptcy court's permission to sell residual assets. A bankruptcy judge in Delaware is slated to issue a bench ruling in bankrupt cryptocurrency company Terraform Labs' Chapter 11 case. And a New York bankruptcy court will consider the Sleep Number mattress maker's bidding procedures motion.
As the 10th anniversary of a law meant to restructure Puerto Rico’s more than $70 billion in government debt approaches, experts say it remains to be seen if reform efforts stick — and what the long-term economic situation for the island will be.
The federal judiciary announced Friday it will temporarily increase the fees for electronic access to court records to pay for a potential $800 million upgrade that will modernize and strengthen court records ... (more story)
Dozens of U.S. summer camps can race toward a sale after their bankrupt owner SIMAD Holdings won approval on Friday to solicit bids by July 17, over the strenuous objection of the largest unsecured creditor in... (more story)
A former executive for the bankrupt cryptocurrency firm Celsius Network has told a New York federal court that he is entitled to directors and officers liability coverage for his costs defending a criminal cas... (more story)
A lender to the Polish affiliate of alternative energy investment company GoldenPeaks Capital is asking a Texas bankruptcy judge to dismiss its Chapter 11 case, saying it was only filed in the U.S. as a ploy t... (more story)
Two affiliates of natural gas production and delivery company New Fortress Energy gained recognition of their U.K. debt restructuring plan Friday from a New York bankruptcy judge, who found the strategy was appropriate.
A California federal judge has paused Sorrento Therapeutics shareholders' litigation after a Texas bankruptcy court ruled they lacked standing to pursue racketeering claims over a former Jackson Walker attorne... (more story)
A Texas bankruptcy judge has authorized auto parts maker First Brands to form a committee of nonunion retirees for the debtor to negotiate with to downsize their life and health insurance benefits.
The Federal Deposit Insurance Corp. on Thursday floated new rules that would significantly scale back its resolution-planning requirements for large banks and slash the banking industry's annual deposit insura... (more story)
SIMAD Holdings Ltd., the bankrupt owner of 30 U.S. summer camps and other real estate, says that it has secured up to $180 million of debtor-in-possession financing from its prepetition bondholders, as it seek... (more story)
A bankruptcy judge has approved a $2.95 million settlement in reorganized chemical company W.R. Grace & Co.'s Delaware Chapter 11, closing the books on a South Carolina hospital's class action efforts that started in 1992.
The Chapter 7 trustee for Colombian consumer lender Credivalores-Crediservicios is accusing its U.S. shareholders of transferring tens of millions of dollars in cash and loan portfolios just before and after i... (more story)
Goldman Sachs wants the U.S. Supreme Court to take another look at a Fourth Circuit ruling shutting down the bank's attempt to arbitrate disputes over alleged automatic stay violations with a pair of debtors w... (more story)
Entities tied to the former owners of liquidating coal company Heritage Coal told a Delaware bankruptcy judge it is owed a $335,000 refund for equipment it purchased out of the company's Chapter 11 case severa... (more story)
New Jersey-based McCarter & English LLP expanded its Indianapolis office with a team of three partners from Ice Miller LLP specializing in complex environmental contamination issues, including brownfield redev... (more story)
A Delaware bankruptcy judge said Thursday he will confirm Spanish-language radio station operator Spanish Broadcasting System's Chapter 11 plan once he gets the final draft of its plan documents, largely overr... (more story)
The former chief operating officer of bankrupt subprime auto lender Tricolor Holdings pled guilty Wednesday to charges stemming from what prosecutors have described as a yearslong scheme to defraud the company... (more story)
A New York federal judge has trimmed claims and dismissed several defendants from a proposed investor class action against the current and former executives of bankrupt electric-vehicle charging infrastructure... (more story)
Private equity firm and nursing home operator Goldner Capital Management has filed suit against a former director, saying he is refusing to relinquish control of email accounts and a chat channel used by top G... (more story)
A Delaware bankruptcy judge on Wednesday granted interim approval of a $30 million Chapter 11 financing package for biotechnology company Sangamo Therapeutics Inc., funds that the debtor will use to support a ... (more story)
Stevens & Lee PC has brought on five Genova Burns LLC lawyers in New Jersey, strengthening the firm's bankruptcy and financial restructuring department.
William Butler and Hillary Crabtree
The evolving lending landscape, particularly the private credit boom, has heightened lenders' exposure to fraud, b... (more story)
Robert Charbonneau
The reported creditor negotiations and mounting debt obligations of Florida railroad Brightline arrive at a moment... (more story)
Lowell Citron, Geena Caporale and Michelle Podolnyy
The rollout of the Uniform Commercial Code's Article 12 is transforming digital asset secured lending, forcing len... (more story)