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Genetic testing company Invitae Corp. and the Illinois parent of one of its customers are facing off in the company's bankruptcy case, dueling over the future of the parent's lawsuit claiming the company unlawfully disclosed its patients' genetic information.
Google won an auction for Spirit Airlines' business data but is facing objections from employees, federal regulators cleared Cumulus Media to transfer its radio stations to lenders, and Georgia-Pacific's asbestos spinoff will not be getting a Chapter 11 trustee.
A Texas bankruptcy court will rule on whether to confirm car parts giant First Brands' contested Chapter 11 plan. Insurance group Hallmark Financial Services and a Polish solar energy project investor will ask bankruptcy judges to confirm their Chapter 11 plans. And a life sciences group will urge a court to halt pending litigation in the Cayman Islands.
Software company Springshot Inc. has filed a limited objection to the $10 million sale of Spirit Aviation Holdings' business data to Google LLC for artificial intelligence training, saying some of the data bei... (more story)
The Second Circuit has declared that the preliminary injunction blocking Nielsen from making Cumulus Media buy its local offerings to gain access to its national radio ratings data will go into effect Tuesday.
Multiple attorneys asked a Texas federal court to toss claims that they conspired to hijack 1,000 cases filed by hurricane survivors who had hired and built cases with a different firm, claiming the firm that ... (more story)
The government, joined by California and Montana, is defending a proposed settlement in former talc supplier Whittaker Clark's New Jersey Chapter 11 case, saying a group of personal injury creditors' objection... (more story)
The U.S. Trustee's Office on Monday urged a Texas bankruptcy judge to appoint an examiner in the Chapter 11 case of Hughes Satellite Systems Corp., saying the debtor needs an independent official to look into ... (more story)
A Texas bankruptcy judge on Monday rejected First Brands Group's Chapter 11 plan and converted its case to a Chapter 7 liquidation, ruling that the company's bid to pay administrative creditors from the procee... (more story)
The Delaware Chancery Court last week saw a wave of lawsuits involving corporate oversight, take-private deals, financing transactions, bankruptcy fallout, stockholder voting rights and disputes over control.
Brazilian conglomerate Ambipar Group on Friday asked a Texas bankruptcy judge to suspend the Chapter 11 bankruptcy of its Texas oilfield emergency response business and instead switch the focus of the case to ... (more story)
A Texas state appellate court Friday slashed a $45 million damages award against right-wing conspiracy theorist Alex Jones in a defamation trial brought by parents of a Sandy Hook shooting victim, saying the f... (more story)
New Jersey-based Porzio Bromberg & Newman PC has continued its expansion in Puerto Rico with the hire of a bankruptcy and financial restructuring attorney based in San Juan.
The official committee of unsecured creditors in the bankruptcy of milk producer Oberweis Dairy has objected to the company's proposed Chapter 7 conversion, saying it would impair the creditors' $5.5 million o... (more story)
The U.S. Trustee's Office has asked an Oklahoma bankruptcy court to deny private credit firm YSA Investment's request to borrow $2 million in postpetition financing, contending the debtor has not filed require... (more story)
A Houston-based personal injury law firm sought bankruptcy relief on Monday with more than $50 million in liabilities after a mass tort litigation marketing company sued for over $9 million in fees related to ... (more story)
Houston-based senior living community The Buckingham urged a Texas bankruptcy judge on Friday to confirm its Chapter 11 liquidation plan and overrule an objection by unsecured creditors, saying the deal offers... (more story)
Cryptocurrency platform Plutus must face a $70 million clawback lawsuit from the litigation trust for Prime Core, the Delaware bankruptcy court has ruled, finding the trust's complaint contained pleadings with... (more story)
The past week in London has seen former Liberal Democrat MP Mark Oaten sue a fur auction house, private equity and pensions magnate Edmund Truell hit by a commercial fraud claim and Charles Russell Speechlys f... (more story)
A New York bankruptcy judge deferred a decision on dismissing the Chapter 11 case from Simry Realty Corp. Thursday, instead asking for more evidence and supplemental briefing before making such a decision.
A bankruptcy judge in North Carolina won't appoint an independent trustee to take over the Chapter 11 case of Georgia-Pacific spinoff Bestwall, dealing a blow to a group of mesothelioma patients who argued a t... (more story)
A federal judge in New York sentenced the founder of bankrupt apparel company CaaStle to five years in prison on Thursday after she admitted to deceiving investors about the prospects of her supposed $1.4 bill... (more story)
North Carolina-based energy efficiency aggregator American Efficient asked the bankruptcy judge overseeing its Chapter 11 case in the state to sanction grid operator PJM Interconnection LLC for withholding rou... (more story)
Schuyler Carroll
A New York bankruptcy court recently ruled in the Kossoff Chapter 7 proceedings that a merchant cash advance agree... (more story)
Hannah Hutman and Starria Cuffee
As regulatory enforcement continues and more small businesses turn to Subchapter V bankruptcy to manage merchant c... (more story)
Eliad Shapiro
Playing shows in storied New York City venues and rehearsing with my bandmates in poorly ventilated rooms helped d... (more story)