A New York bankruptcy judge has dismissed the Chapter 11 cases of two commercial real estate law firms headed by Mark J. Nussbaum, finding their petitions were filed in bad faith and that the cases instead bel... (more story)

Purdue Pharma urged a New York bankruptcy judge Monday to add an ad hoc creditor group's more than $10.9 million in fees and expenses to the over $1.2 billion already paid to professionals on all sides of the ... (more story)

American International Group's funding advances to one of its investment units was an equity infusion and not debt, a Delaware bankruptcy judge ruled Friday, handing a win to former executives who say they're ... (more story)

The founder and former CEO of bankrupt subprime auto lender Tricolor Holdings cannot dodge a criminal enterprise charge in federal prosecutors' case alleging a yearslong scheme to defraud the company's lenders... (more story)

The Fifth Circuit on Friday decided to keep in place an $826,000 sanction against NexPoint Real Estate Partners, finding "clear and convincing evidence" showed it filed and litigated a bad-faith claim in the C... (more story)

Cumulus Media sought clarification Thursday from the Second Circuit on the timing of a district court order upheld last month barring Nielsen from conditioning access to national radio ratings data on buying N... (more story)

A Delaware bankruptcy judge on Friday ruled to transfer Miami-based private lender YSA Investments 1 LLC's Chapter 11 case to a bankruptcy court in Oklahoma, saying the venue should follow the Oklahoma-centere... (more story)

John Weber of Paul Weiss Rifkind Wharton & Garrison LLP advised global communications software firm Mitel's $1.3 billion restructuring and Roomba maker iRobot's prepackaged Chapter 11 restructuring, which equi... (more story)

Holland & Knight LLP must face adversary claims in Houston bankruptcy court after a Texas federal judge found the trustee for bankrupt life insurance bond seller GWG Holdings Inc. had made a plausible case tha... (more story)

The Seventh Circuit rejected trading firm Jump Trading LLC's bid to arbitrate a putative securities class action Thursday, finding that courts, not arbitrators, must decide whether disputes belong in arbitrati... (more story)

A Delaware bankruptcy judge said that privately owned telecommunications company SiFi Networks America LLC can solicit votes on its combined Chapter 11 plan and disclosure statement.

A Texas bankruptcy court Monday transferred cases involving Oklahoma apartment complexes to the Western District of Oklahoma.

Orrick Herrington & Sutcliffe (UK) LLP has settled a claim by a hedge fund accusing the firm of negligence, alleging it failed to advise it to enforce a €21 million ($24.3 million) debt in a French energy group's insolvency.

Willkie and Greenberg Traurig are among the law firms that picked up work on the top New York City real estate deals that hit public records last week, with a $310 million Manhattan trade leading the way.

Ice cream company Rebel Creamery has filed for Chapter 11 protection in Utah bankruptcy court with about $24 million in debt, one month after losing a trademark lawsuit brought by rival Van Leeuwen.

North Carolina's Martin County has sued CHS/Community Health Systems Inc. for $10 million in North Carolina federal court, alleging the company failed to honor its obligations to run Martin General Hospital af... (more story)

Turnbridge Equities, which acquired a luxury California golf resort last year for $65 million in the bankruptcy of SilverRock Development, is seeking to nix a lender's demands to see its sensitive internal inf... (more story)

Ultra Safe Nuclear Corp.'s liquidating trustee has sued two of the company's former executives and the estate of its deceased founder in Delaware bankruptcy court, accusing them of squandering $150 million and... (more story)

Cryptocurrency miner Poolin Technology can pursue a sale next month of its assets, a New Jersey bankruptcy judge said Friday, giving its stalking horse bidder time to also buy a neighboring property for an art... (more story)

A disbarred attorney has sued his former counsel for alleged malpractice in Florida state court, saying he lost money after his $40 million claim was left unsecured in a federal bankruptcy proceeding for his company.