A Texas federal judge ordered three of Jackson Walker LLP's former bankruptcy clients Tuesday to explain by next month what would happen to money from potential vacaturs or sanctions against the law firm if th... (more story)

The chief bankruptcy judge in the Southern District of Texas has been tapped to oversee the Chapter 11 case of defunct financial services firm GWG Holdings months after the case's previous judge was removed in... (more story)

A federal judge in Manhattan cautioned retired Stanford Law School professor Barbara Fried, the mother of convicted FTX founder Sam Bankman-Fried, that she cannot make filings on behalf of her son in his bid f... (more story)

A Delaware bankruptcy judge on Tuesday gave Yellow Corp. permission to pay Kasowitz LLP more than $12 million for its work on litigation blaming the Teamsters for the trucking company's bankruptcy over the obj... (more story)

Nuclear energy producers including Constellation Energy, DTE Energy, Duke Energy and NextEra Energy have urged the Maryland federal court to toss a proposed class action alleging they conspired to fix wages in... (more story)

A Texas bankruptcy judge Tuesday agreed to give interim approval for fiber manufacturer The Lycra Company LLC to tap into $50 million of its $75 million in debtor-in-possession financing as the company moves t... (more story)

The Trump administration on Monday asked a Massachusetts federal judge to toss a pair of lawsuits challenging a change to eligibility requirements for student loan forgiveness, calling the potential repercussi... (more story)

A New Jersey bankruptcy judge on Monday denied motions that sought to transfer the Chapter 11 case of label-maker Multi-Color Corp. to another court, saying a "loophole" in the venue statute created by Congres... (more story)

Former executives of pharmaceutical company Lannett Inc. and a class of investors have asked a Pennsylvania federal court to grant final approval to their $5.8 million deal to end claims the company and its le... (more story)

Greenberg Traurig LLP and Reed Smith LLP have each urged a New York federal court to deny discovery requests by Levona Holdings as the company pursues sanctions against the firms following the court's vacatur ... (more story)

The residential board for a Times Square hotel and residential tower asked a New York bankruptcy judge to toss the Chapter 11 case started by the building's condominium association, with the former accusing th... (more story)

Bankrupt cryptocurrency company BlockFills received interim authority to use the cash collateral of its secured lenders Tuesday as it began its pursuit of a customer-led restructuring in Delaware bankruptcy court.

The U.S. Trustee had its request granted in New York Bankruptcy Court to reopen a small Chapter 11 case amid an attorney ethics probe, as it searches for about $344,000 that was reportedly deposited into the t... (more story)

Baker & Taylor, a 198-year-old book distributor, sought bankruptcy protection in New Jersey with at least $100 million in liabilities after the COVID-19 pandemic, litigation and a loan default forced it to shu... (more story)

A Delaware bankruptcy judge agreed Monday to let furniture retailer American Signature set the end of April as the deadline for claims in its Chapter 11 case, overruling an objection from the U.S. Trustee's Of... (more story)

The developer of a 900-unit housing project in the Bronx that was awarded a $55 million state grant in October has filed for bankruptcy to stop a foreclosure sale, blaming what it called "treachery" in the tra... (more story)

The owner of a mixed-use building in Manhattan's SoHo neighborhood has filed for Chapter 11 bankruptcy with more than $30.6 million in liabilities, according to a petition filed in New York bankruptcy court.

The U.S. Trustee's Office has appointed an official unsecured creditors committee in a Chicago-area horse track's Chapter 11 case, selecting three horse racing industry creditors.

Cryptocurrency company BlockFills has filed for Chapter 11 protection in Delaware bankruptcy court with up to $500 million in debt weeks after pausing customer withdrawals amid a selloff in crypto markets.

A state law that stripped a Pennsylvania city of its ability to appoint all the members of its water authority's board was unconstitutional, the bankrupt city of Chester said in a Pennsylvania Commonwealth Cou... (more story)