Levona Holdings Ltd. is pressing a Manhattan federal court to vacate what it calls a fraudulent $102 million arbitral award issued to international shipping company Eletson, arguing that new documents released... (more story)

The now-shuttered Bullivant Houser Bailey PC has filed for Chapter 11 protection in California, with its chief dissolution officer saying the bankruptcy was filed so the firm can liquidate its assets as it con... (more story)

Willkie Farr & Gallagher LLP has added another restructuring attorney from Kirkland & Ellis LLP after recently welcoming a Kirkland attorney as chair of its restructuring group.

A Delaware bankruptcy judge on Monday declined to quickly decide a motion to dismiss venture capital biotechnology investor Apple Tree Life Sciences Inc.'s Chapter 11 case brought by the family trust of a Russ... (more story)

A Delaware bankruptcy judge rejected an expedited timeline for the sale of the assets of home furnishing retailer American Signature Furniture, finding that the proposed 34-day process would not give enough ti... (more story)

Spirit Airlines will be able to tap into an additional $100 million of post-bankruptcy financing, it said Monday, the same day that an examiner found no evidence of bad faith in the budget airline's back-to-ba... (more story)

A Texas bankruptcy judge on Monday cleared Anthology Inc. to solicit votes on its Chapter 11 plan, which would see senior creditors receive the majority of equity in the reorganized education technology group.

A Texas bankruptcy judge on Monday agreed to schedule a two-week trial in First Brands' adversary case against former CEO Patrick James, saying he would hear in June the auto-parts maker's allegations that Jam... (more story)

A subsidiary of sustainable metal and glass packaging company Ardagh Group has filed for Chapter 15 recognition in New York, seeking U.S. court recognition of restructuring proceedings pending in Luxembourg.

Luminar Technologies Inc., which develops lidar technology used in autonomous vehicles, filed for bankruptcy protection in Texas on Monday with at least $500 million in debt and plans to sell its assets.

Radio frequency filter maker Akoustis Technologies received the Delaware bankruptcy court's approval Tuesday to implement its Chapter 11 liquidation plan, after the debtor resolved a dispute with two company d... (more story)

A Manhattan federal judge allowed a former financial controller for FTE Networks to avoid prison Tuesday for participating in a $13 million revenue fraud at the Florida telecom, crediting the "reluctant conspi... (more story)

A Delaware bankruptcy judge Tuesday allowed the company behind the Roomba robot vacuum to access cash collateral, which would enable the company to operate during Chapter 11 proceedings and move to implement i... (more story)

A Massachusetts federal judge is weighing whether to kick Quinn Emanuel's bid for $30 million in legal fees from a former client's parent company, Nano Dimension Ltd., to state court or to the Texas bankruptcy... (more story)

The U.S. Trustee's Office has urged a Texas bankruptcy judge to reject solar panel company PosiGen's proposal to pay performance bonuses to its executives during its Chapter 11 case, arguing that the plan func... (more story)

Zynex Inc., a pain management medical device maker, filed for bankruptcy protection in Texas with at least $66.7 million in debt and plans to sell the business backed by a stalking horse bid from its creditors.

The liquidating trustee for cryptocurrency asset company SafeMoon has filed a lawsuit in Utah bankruptcy court accusing former top executives of looting tens of millions of dollars from "liquidity pools" and u... (more story)

IRobot Corp., the maker of the Roomba robot vacuums, has filed for Chapter 11 protection in Delaware bankruptcy court with over $250 million in debt and a plan to hand control of its business to its secured creditor.

A lender to PosiGen has filed an objection in Texas bankruptcy court to the bankrupt solar panel leasing company's request to use its cash, saying some of that money is from a $25 million loan PosiGen obtained through fraud.

Trinity Broadcasting of Texas Inc. asked a bankruptcy judge in Dallas to deny a request by Merit Street Media to pay $362,000 in expenses, saying the payroll and benefits the debtor purports that it needs to c... (more story)