Bankrupt summer camp operator SIMAD Holdings stands to reap $440 million so far from the sale of 27 of its camps, including a $120.75 million winning bid for the "crown jewel" property in a wealthy New York City suburb.

Certain debtors in the Chapter 11 case of Dish DBS Corp. have asked for a Texas bankruptcy court's permission to pay off $2.75 billion of notes with the proceeds of a $23 billion spectrum sale to AT&T, saying ... (more story)

A Maryland bankruptcy judge has denied approval of disclosure statements filed by the Archdiocese of Baltimore and a committee of abuse claimants in the church's Chapter 11 case, finding both reorganization pr... (more story)

Simpson Thacher & Bartlett LLP wrapped up its defense Wednesday to a Florida state malpractice suit from the founder of Patriot National Inc. over the firm's handling of a private investment in public equity t... (more story)

A New York federal judge threw out an exculpatory provision in former cryptocurrency exchange Voyager's Chapter 11, saying that while the language wasn't precluded by a U.S. Supreme Court case, it was nonetheless invalid.

Three investment funds affiliated with Black Diamond Capital Management have sued HGIM Corp. in Delaware's Court of Chancery, accusing the marine transportation company of stonewalling their request to inspect... (more story)

The operators of the restaurant chain Salad and Go have filed for Chapter 11 protection in a Texas bankruptcy court with more than $500 million in liabilities, saying the business will be winding down after ye... (more story)

A New York bankruptcy court has preserved the claims brought by reorganized shipping business Eletson Holdings against its former shareholders and Reed Smith, which formerly represented the company and its one... (more story)

One of the brothers behind the insolvent summer camp empire of SIMAD Holdings told the New Jersey bankruptcy court Tuesday his personal Chapter 11 case should be dismissed because he was so deep in debt that c... (more story)

A Texas bankruptcy judge has approved a deal between Modivcare and advisers to its official committee of unsecured creditors, putting to bed turmoil over the committee's $19 million fee application and a conne... (more story)

An Arizona bankruptcy judge Wednesday allowed the insolvent Puerco Valley Fire District to access $400,000 of interim funding from its home county of Apache County, overruling opposition from the municipality.

The U.S. Senate this week passed a bill to restore, permanently, a Subchapter V debt eligibility threshold raised during the pandemic, which bankruptcy practitioners say would open up the streamlined Chapter 1... (more story)

A Delaware bankruptcy judge on Wednesday granted private-label dry bath product-maker Vi-Jon LLC a range of first-day motions, including a cash management request, allowing the company to continue operating du... (more story)

Defunct food distributor Harvest Sherwood received confirmation of its Chapter 11 plan at a hearing on Wednesday after a Texas bankruptcy judge overruled a remaining objection from the U.S. Trustee's Office.

Property investment group Lurin LLC has asked a Texas bankruptcy judge to approve bidding procedures for a St. Petersburg, Florida-based apartment complex, with a lender's $118.6 million credit bid setting the auction floor.

A Delaware bankruptcy judge rejected a motion to dismiss the Chapter 11 case of an affiliate of dolphin park owner Leisure Investments, finding that the former CEO was wrong to argue that a Mexican court had r... (more story)

The U.S. Senate passed the Bankruptcy Threshold Adjustment Act of 2026 by unanimous consent, taking steps to make permanent the higher debt limits that apply to small business and consumer debtors first implem... (more story)

The founder of Patriot National Inc. was likely short millions of dollars when it finalized a private investment in public equity transaction at the center of his malpractice case against Simpson Thacher & Bar... (more story)

Women's clothing retailer Francesca's can seek votes on its post-sale Chapter 11 liquidation plan after its disclosure statement didn't draw any objections at a hearing in U.S. Bankruptcy Court in New Jersey on Tuesday. 

A panel of the Ninth Circuit has refused to reinstate an ad tech company's allegations that Google harmed market competition for digital advertising by removing a now-defunct advertising app from its Play Store.