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Salad and Go won approval to auction about 130 leases, Camp Mystic families said they plan to seek a trustee to oversee the bankruptcy case. Insurance holding firm Hallmark Financial Services won confirmation of its Chapter 11 plan, and GoldenPeaks Poland secured approval to liquidate after an asset sale.
Ice cream maker Rebel Creamery has hired attorneys from Ray Quinney & Nebeker PC to see it through the bankruptcy it began to address nearly $24 million in liabilities.
Genesis Healthcare is seeking a preliminary injunction against a former executive, Lugano Diamonds hopes to confirm its Chapter 11 liquidation plan, and former talc supplier Whittaker Clark & Daniels is trying to get approval of its environmental settlement.
Nursing home operator Genesis Healthcare sought emergency approval of a settlement that would bring in $150 million, eliminate almost $431 million in claims and secure creditors' support for a plan to exit its... (more story)
A Texas bankruptcy judge Monday gave final approval to Republic National Distributing's $75 million in Chapter 11 financing after being told the alcohol distributor had reached a deal with creditors to increas... (more story)
A California federal judge has ruled that a $1.7 billion claim by the parent of the failed Silicon Valley Bank against the Federal Deposit Insurance Corp. is more than offset by the more than $5 billion the pa... (more story)
A New York bankruptcy judge gave the Diocese of Buffalo permission to take its proposed Chapter 11 plan before creditors for a vote, after previously sending the debtor back to the drawing board over opt-outs in the plan.
Buchanan Ingersoll & Rooney PC has added an attorney to its Princeton, New Jersey, office from Offit Kurman to help bolster its capacity to handle bankruptcy and creditors' rights matters.
Boston-based defense contractor Noble Supply & Logistics filed for Chapter 11 in Delaware with $542 million in debt after a quick expansion and the loss of major government contracts left it with limited liquidity.
A dozen attorneys from Paul Hastings LLP and Connell Foley LLP are representing the official committee of unsecured creditors in the Chapter 11 of real estate company DAMIS Holdings, which filed for bankruptcy... (more story)
A company that uses artificial intelligence to explore new uses for existing drugs entered bankruptcy in Delaware with over $104 million in debt and a stalking horse bidder.
A Texas bankruptcy judge on Friday agreed to confirm energy group GoldenPeaks Poland's Chapter 11 plan, which will see it liquidate after an asset sale to its largest creditor, Brookfield Asset Management Ltd., closes.
The U.S. Trustee's Office has objected to the Chapter 11 plan and disclosure statement of specialty materials maker Alkegen, telling a Texas bankruptcy court that the plan includes impermissible opt-out, third... (more story)
Former Major League Baseball player Yasiel Puig Valdes has asked a Florida bankruptcy judge to vacate the dismissal of his Chapter 11 bankruptcy case, saying he and his attorney experienced technical difficult... (more story)
The manager of a Colorado-based investment fund accused mortgage lender Cherry Creek in state court of executing an "invalid" hidden subordination agreement that allowed the lender to delay its interest paymen... (more story)
Bankrupt pregnancy-technology firm Nuvo Group and an Israeli court-appointed trustee tasked with liquidating it reached an agreement that resolves their cross-border disputes by using a $9.75 million settlemen... (more story)
A Pennsylvania federal magistrate judge partly granted Meyer Unkovic & Scott LLP's bid for discovery in a malpractice suit over a $3.3 million default judgment that was later thrown out, ruling the firm can ob... (more story)
Reorganized debtor US Magnesium has objected to the final fee application of its investment banker in Delaware bankruptcy court, saying the adviser miscalculated the fees it is owed by including transaction fe... (more story)
A Texas bankruptcy judge on Friday greenlighted property developer Lurin Real Estate Holdings' sale of two apartment complexes in Florida for a combined $42.2 million.
A Texas bankruptcy judge on Thursday signed off on Houston-based senior living community The Buckingham's Chapter 11 plan, overruling unsecured creditors' objections to legal releases and exculpations.
Former stockholders of the special purpose acquisition company that took electric vehicle manufacturer Lion Electric public have agreed to a $4 million cash settlement with seven individuals who served as Nort... (more story)
A Missouri bankruptcy judge ruled Thursday he would split a process for dealing with data breach claims brought by the state of California against 23andMe into two stages, saying he would first decide whether ... (more story)
A Texas bankruptcy judge on Thursday gave drive-thru chain Salad and Go permission to take out replacement Chapter 11 financing on new terms and put about 130 leases up for auction, including 65 originally sla... (more story)
Amy Denton Mayer
Taekwondo has taught me to recognize when to fight for a position and when to focus on finding a solution, and tha... (more story)
Buvini Kularatne, Ian Bambrick and Jeanine Leahy
After New Fortress Energy recently became the third Nasdaq-listed company to successfully undertake an English res... (more story)
Christopher Caplinger
As rising costs put increased pressure on restaurants, as evidenced by recent bankruptcy filings by Popeyes, Farme... (more story)