A bankruptcy judge said he would give interim approval to Galindo Law Firm's package of first-day motions Wednesday, allowing it to use cash on hand to fund operations, after the Texas mass tort firm resolved ... (more story)

A fast-cash funder has sued the now-bankrupt brothers who ran their summer camp empire into the dirt for guaranteeing nearly $6.4 million of loans earlier this year, alleging they were already insolvent and ha... (more story)

A Florida judge has granted investment firm 777 Partners' request to transfer its involuntary Chapter 7 case to the Texas court hearing its voluntary Chapter 11 case, saying the company has been managed from t... (more story)

A newly-minted bankruptcy lawyer can come out of law school prepared for many things, but attorneys say there are a considerable number of details not covered in a classroom, from the importance of learning ho... (more story)

Federal prosecutors said Tuesday that 26 summer camps illegally reaped more than $13 million from a COVID-19 relief program after one of their now-bankrupt owners allegedly "repeatedly lied" on loan documents.

Genesis Healthcare on Tuesday filed an adversary complaint against a former executive of Genesis subsidiary LTC ACO LLC accusing her of stealing company documents and trade secrets to form a rival company.

One of two trusts established under Steward Health Care's Chapter 11 plan has sued a gaggle of insurers in an offshoot lawsuit, saying the insurers were withholding half the coverage due to former directors an... (more story)

The U.S. affiliate of education technology giant Byju's is fighting a motion to toss its lawsuit to claw back a more than $1 million payment to a financial firm, contending an ex-executive of that firm had ove... (more story)

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.

A Louisiana bankruptcy judge has declined to transfer a lawsuit launched by the Chapter 7 trustee of oil and gas company Cox Operating LLC against the insolvent firm's top brass, denying four motions from 25 d... (more story)

Bankrupt soda ash miner Searles Valley Minerals received a favorable ruling Wednesday from a Delaware bankruptcy judge, who said the company can move forward with an all-asset sale process that would allow it ... (more story)

Families of children and counselors who died at Camp Mystic last year told a Texas bankruptcy judge on Wednesday they plan to ask that a trustee be appointed to oversee the debtor's Chapter 11 case, calling Ca... (more story)

A Delaware bankruptcy judge gave interim approval to ed-tech company Conscious Content Media's request for $3 million in additional Chapter 11 financing after the debtor reached a settlement with the creditors committee.

An Ohio-based vertical farming startup, 80 Acres Urban Agriculture, filed for Chapter 7 liquidation in Delaware with several affiliates and listing $100 million to $500 million each in assets and liabilities. 

Defunct drive-thru restaurant chain Salad and Go's unsecured creditors committee includes a mix of trade creditors, food vendors and landlords, the U.S. Trustee's Office has said.

Insurance holding firm Hallmark Financial Services on Tuesday received confirmation of its Chapter 11 plan, which calls for cutting about $116 million of the debtor's $135 million of funded debt through a debt... (more story)

The ex-CEO of the bankrupt parent company of wildlife adventure business The Dolphin Co. and former board members have objected to a $2 million sale of a majority stake in a Mexican park joint venture, saying ... (more story)

The bankruptcy trust for DNA testing company 23andMe and the state of California locked horns Tuesday over the debtor's plan to trim the size of claims that the state has asserted over a data breach in 2023.

The Federal National Mortgage Association is asking a Texas bankruptcy judge to dismiss the Chapter 11 cases filed by the operator of two apartment complexes in Houston, arguing they were filed in bad faith to... (more story)