A New Jersey bankruptcy judge Tuesday denied a Del Monte lender group's request to stay his order confirming the canned food company's Chapter 11 plan, finding the lenders had not shown they were likely to succeed on appeal.

Attorneys representing two groups of employees terminated by bankrupt auto parts maker First Brands Group asked to be put in control of mass termination litigation against the company, each saying on Tuesday t... (more story)

QVC Group Inc.'s preferred shareholders have filed a reply in support of their motion to terminate the debtor's exclusivity rights in Chapter 11, telling a Texas bankruptcy judge that QVC's reorganization plan... (more story)

Affiliates of TPG Capital must face a lawsuit seeking to claw back $4.1 billion they made from the sale of a generic opioid manufacturer to Endo International PLC, whose trustee has alleged it did not receive ... (more story)

A Texas bankruptcy judge granted conditional approval for the disclosure statement of Fat Brands' Chapter 11 plan, allowing the chain restaurant operator to seek creditor votes on its post-sale liquidation plan.

Reorganized debtor airline Azul SA asked a New York bankruptcy judge to shut down collection efforts in Brazil by two of its creditors, saying their claims were discharged under the Chapter 11 plan approved last year.

Jewelry house Lugano Diamonds on Monday secured a Delaware bankruptcy judge's tentative approval to transfer an insurance policy to a creditor that consigned the debtor a diamond worth $10.5 million that later went missing.

The U.S. Supreme Court on Monday said it won't hear a challenge by asbestos claimants to the "Texas two-step" bankruptcy of Georgia-Pacific spinoff Bestwall.

A New York bankruptcy judge on Friday questioned whether his court was the proper venue to wind down two commercial real estate law firms headed by Mark J. Nussbaum as the debtors sought to ditch an assignment... (more story)

The past week in London has seen the billionaire who donated £5 million ($6.7 million) to Nigel Farage sue Ben Habib, the leader of far-right party Advance UK, for defamation; Mashreqbank bring claims against ... (more story)

The Eleventh Circuit ruled Tuesday that hip hop group 2 Live Crew could not reclaim copyrights to five albums despite most of them agreeing to terminate copyright grants to third parties, saying in a published... (more story)

Joseph Sanberg, co-founder of the now defunct, celebrity-backed and sustainability-focused financial services company Aspiration Partners, has been sentenced to 14 years in prison by a California federal judge... (more story)

A Delaware bankruptcy judge has told a Chapter 7 trustee suing Foley & Lardner LLP for malpractice that at first glance, he was inclined to retain jurisdiction of the case as part of food waste recycler KDC Ag... (more story)

A woman urged the U.S. Supreme Court on Tuesday to reconcile the appellate courts' split over the period to assess taxes against a taxpayer in cases when a third party commits fraud, saying the IRS even admitt... (more story)

The unsecured creditors committee for bankrupt investment company Michal International Investment LLC sued another creditor alleging it schemed to outflank stakeholders by placing liens on debtor assets via a chosen manager.

The U.S. government has asked a Delaware bankruptcy judge to reject Alachua Government Services' disclosure statement for its liquidation plan, saying the biotechnology company is proposing to shortchange the ... (more story)

A New Jersey-based bankruptcy partner at Fox Rothschild LLP has been censured by the Supreme Court of New Jersey after she was found to have wrongfully disbursed over $2.7 million in fees to her former firms without approval.

A Texas bankruptcy judge on Tuesday gave a pair of bankrupt fracking sand miners until next week to finalize a last-minute cash offer for their businesses after hearing no one had bid at the debtors' asset auction last week.

The bankruptcy plan administrator for the genetic testing company formerly known as 23andMe is urging a Missouri bankruptcy court to shut down a lawsuit recently lodged by California's attorney general that se... (more story)

A bankruptcy trustee may continue to pursue claims that a lender violated an oral amendment to a loan agreement, a former executive for a Dunkin' franchisee cannot push his case to Delaware, and a law firm hir... (more story)