With its sudden shutdown earlier this month, Spirit Airlines joined the likes of Pan Am, TWA and Eastern Airlines that have failed to restructure in Chapter 11, a process experts say is notoriously difficult f... (more story)

Goldstein & McClintock LLLP, a boutique restructuring, finance and corporate law firm has expanded with a new West Palm Beach, Florida, office as well as a series of additions.

Plastic producer Trinseo filed for Chapter 11 protection, as did oilfield and trucking services company Warrior Technologies and the developer of a 120-unit apartment complex in New Jersey.

A Texas bankruptcy judge denied conditional approval of the Chapter 11 plan disclosure statement of car parts maker First Brands Group on Tuesday because the complicated plan proposal would not provide all cre... (more story)

Unsecured creditors of the Roman Catholic Diocese of Oakland are urging a bankruptcy judge to disallow certain votes on the diocese's proposed Chapter 11 plan, saying they were cast in the wrong class by insid... (more story)

A Texas bankruptcy judge Tuesday signed off on retail data firm Wiser Solutions' request to borrow more than $2 million in additional Chapter 11 financing ahead of a final hearing on the debtor's funding package next week.

Fenwick & West LLP will pay $54 million to resolve claims from spurned FTX Trading Ltd. investors, according to a new set of settlements that will also end investors' disputes with the collapsed cryptocurrency... (more story)

A New Jersey federal judge affirmed the Beasley Allen Law Firm's disqualification from multidistrict litigation over Johnson & Johnson's talcum powder on Tuesday, determining that the firm has failed to provid... (more story)

Plastic manufacturer Trinseo on Tuesday filed for Chapter 11 protection in Texas, touting a prearranged plan to wipe $2 billion of its $2.9 billion secured debt.

This past year, 10 lawyers across the country at plaintiffs' firms big and small helped secure millions of dollars in settlements and verdicts for their clients, going up against powerful defendants like Googl... (more story)

A cannabis growing business in California's Monterey County has launched a Chapter 7 case with between $10 million and $50 million of debt, less than six years after it abandoned an earlier bankruptcy.

The Delaware Chancery Court this past week handled a broad mix of cross-border corporate control disputes, merger settlements, startup equity fights, advancement claims and board oversight litigation, while al... (more story)

The developer of a 120-unit residential complex in New Jersey known as The Cliffs has filed for Chapter 11 relief to prevent a forfeiture of its equity interests in the development.

The U.S. Trustee's Office asked a Texas bankruptcy judge to reject battery recycler Ascend Elements Inc.'s proposed executive $500,000 bonus package, saying it inappropriately rewarded insiders merely for rema... (more story)

The U.S. Trustee's Office on Tuesday urged a Delaware bankruptcy judge to deny cryptocurrency company BlockFills' bid to take votes on its Chapter 11 plan, saying its plan contains third-party releases that vi... (more story)

Two Louisiana law firms and a group of politically connected attorneys engaged in a "shakedown" to steal about 1,000 cases filed by hurricane survivors who had hired and built cases with a different firm, alle... (more story)

A Connecticut bankruptcy judge has allowed a Chapter 11 trustee to depose convicted and incarcerated securities fraudster Miles Guo ahead of several upcoming adversary proceeding trials in the Chinese exile's bankruptcy case.

A Texas bank told a Florida bankruptcy court Friday it must toss a Chapter 11 trustee's adversary complaint accusing it of complicity in a $100 million theft of funds from a special needs nonprofit, arguing th... (more story)

Norwalk, Connecticut-based shopping mall The SoNo Collection, which is part of national retail real estate giant GGP, is facing state foreclosure and receiver proceedings after defaulting on a $245 million loan.

A Texas bankruptcy judge on Friday agreed to give interim approval to $9.5 million in new money debtor-in-possession financing for oilfield services company Warrior Technologies, minus a provision that would a... (more story)