A telecom company has asked a Delaware bankruptcy judge to let it delay a $100 million payment owed to satellite operator Inmarsat, arguing that Inmarsat's alleged breach of a key settlement agreement undermin... (more story)

Fox Rothschild LLP has bolstered its ability to help clients facing major financial challenges with the addition of a Dallas-based partner who brings more than four decades of experience in bankruptcy and rest... (more story)

The owner of failed U.K. mortgage provider Market Financial Solutions has been hit with a worldwide freezing order, administrators said Wednesday in the wake of fraud allegations following its collapse in Febr... (more story)

A Texas bankruptcy judge Wednesday allowed car parts maker First Brands to head back to mediation over a Chapter 11 case resolution, but cautioned he might not grant more extensions in the future.

The Connecticut Supreme Court will not hear a challenge to the two-week suspension of Alex Jones' former lawyer, leaving intact an intermediate Appellate Court decision affirming the pared-down punishment surr... (more story)

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 former bank CEO can't file another amended complaint against First Horizon Bank claiming he was set up as a scapegoat in the legal fallout of a $1.2 billion Ponzi scheme, a Florida appeals court ruled Wednesday.

Natural gas compressor group Axip received final approval of its $105 million Chapter 11 financing package after resolving an objection from the official committee of unsecured creditors.

A spirited clash over authority erupted Wednesday in whiskey company Uncle Nearest Inc.'s Chapter 11, as the debtor and a court appointed receiver exchanged blows regarding who was entitled to file the company's bankruptcy.

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)

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 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)