Bankrupt nursing home operator Genesis Healthcare Inc. on Wednesday defended its $1 billion planned asset sale from a joint venture partner's objection, contending it could not assert its right of first refusa... (more story)

Spirit Airlines received approval Wednesday for $275 million in Chapter 11 financing that aims to simplify the previously approved sale of 20 aircraft to a stalking horse buyer as it seeks to preserve assets d... (more story)

A high-frequency stock trading firm is asking a Delaware bankruptcy judge to make it the latest defendant dismissed from a bid by Mallinckrodt PLC to recover $1.6 billion paid for stock buybacks before the opi... (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.

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.

The Second Circuit has found that when a Chinese textile company authorized an insurer to fully collect on a $3 million bankruptcy claim, it authorized the insurer's agent to accept service for a suit that wou... (more story)

A New York bankruptcy judge has rejected a bid to dismiss a New York City condo board's contentious Chapter 11 case, finding the board had been entitled to undertake such a proceeding at a meeting it held on the subject.

A tax lawyer cannot use the Fifth Amendment to shield his U.S. financial records from liquidators appointed by an Australian court that hit his family's companies with a civil assessment of AU$100 million ($71... (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)

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)

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)