Lawyers for Sapien Group, a shareholder that has taken an active role in investment platform Linqto's Chapter 11 in Texas, have asked to withdraw from the case — saying their client has not paid outstanding legal bills.

French investment manager Natixis wants a court-ordered international privacy monitor to oversee its transfer of discovery materials to the trustee administering the bankruptcy estate of Bernard Madoff in the ... (more story)

Delaware firm Morris James LLP on Thursday celebrated its move to a new headquarters in a 12-story building in north Wilmington, a relocation that firm leaders said is aimed at best meeting attorney and client... (more story)

A Delaware state court found that Frontier Communications was entitled to a defense against copyright infringement claims, a split Ninth Circuit panel backed certification denial for a proposed class of Progre... (more story)

A New York federal judge on Thursday denied a bid by Venezuela's state-owned oil company to refuse enforcement of some $2 billion in defaulted bonds, finding after an "exhaustive review of Venezuelan law" that... (more story)

The trustee of bankrupt "anti-woke" financial technology startup GloriFi on Wednesday launched malpractice litigation against Winston & Strawn LLP in Texas bankruptcy court, accusing the firm and one of its ma... (more story)

The Second Circuit on Wednesday declined Reed Smith LLP's emergency request to block the turnover of client files created amid its representation of Greece-based shipping company Eletson Holdings prior to an O... (more story)

Troubled investment platform Linqto has asked a Texas bankruptcy judge to approve a settlement with customers that would offer them a version of the exposure to private startups the company purported to sell b... (more story)

A group of asbestos claimants has asked the full Fourth Circuit to reconsider a panel's ruling that Georgia-Pacific asbestos unit Bestwall could stay in Chapter 11 despite its parent being solvent, saying the ... (more story)

A New York bankruptcy judge Wednesday approved a nearly $3 million incentive program for Purdue Pharma's chief executive after he agreed to reduce his total compensation by $500,000.

A party planning to make a bid for the assets of bankrupt casino operator Maverick Gaming has objected to the debtor's bidding procedures, saying it has not provided necessary due diligence material to the pro... (more story)

The liquidation trustee for bankrupt medical staffing company American Physician Partners has told a Delaware bankruptcy judge that former top executives drained the company with millions in unauthorized bonus... (more story)

The Chapter 11 plan administrator for shuttered discount retailer Stage Stores has asked a Texas bankruptcy court to approve a settlement that would allow a $1.5 million priority unsecured claim and resolve la... (more story)

Insurers for Frontier Communications had a duty to defend the telecommunications company against copyright infringement claims that were ultimately settled, a Delaware state court ruled in a recently unsealed ... (more story)

A California cheesemaker has filed for Chapter 11 protection in California bankruptcy court after listeria contamination closed down its operations for more than 16 months and left the company facing more than... (more story)

A Texas bankruptcy judge on Wednesday approved the Chapter 11 liquidation plan of fracking and oil drilling services group Nitro Fluids LLC after lackluster asset marketing results forced a pivot in its bankruptcy strategy.

A New York bankruptcy judge on Wednesday approved the $22 million credit bid sale of bankrupt biopharmaceutical company Seelos Therapeutics after hearing the buyer had agreed to add another $100,000 in cash to its offer.

Orthopedic implant-maker Exactech Inc. agreed to pay $8 million to resolve allegations it marketed and sold faulty components of its knee-replacement systems that were to be used on patients on Medicare, Medic... (more story)

Trinity Broadcasting Network told a Texas bankruptcy judge on Tuesday that the Chapter 11 case of Dr. Phil McGraw's Merit Street Media was filed in bad faith as a way to escape some debts while keeping the ass... (more story)

Former Bankruptcy Judge David R. Jones wants out of a lawsuit claiming his secret romance scandal infected the restructuring of life insurance bond seller GWG Holdings Inc., arguing that he's clearly protected... (more story)