Investment platform Linqto and its unsecured creditors committee sued the debtor's liquidating trustee, saying a Texas bankruptcy judge must make the trustee perform duties despite its refusal.

A Genesis Healthcare shareholder accused of manipulating the company into a deal that cost it $50 million has asked a Texas bankruptcy judge to disqualify Sidley Austin LLP from representing Genesis in an adve... (more story)

The former chief financial officer of Patriot National Inc. testified to a Florida jury on Tuesday that "chaos" broke loose as a transaction that Simpson Thacher helped steward for the insurance services compa... (more story)

Allen Overy Shearman Sterling has hired a former Davis Polk & Wardwell LLP counsel as a restructuring partner in New York.

Spanish auto parts maker Grupo Antolin, which supplies interior components to major automakers including Ford Motor, General Motors and Hyundai Motor, on Monday asked a New York bankruptcy judge for U.S. recog... (more story)

The Trump administration on Monday urged the D.C. Circuit to closely evaluate a Russian court's determination that an underlying arbitration agreement is invalid as it weighs whether to enforce a nearly $5 bil... (more story)

The former chief technology officer of Celsius Network must pay more than $2 million to the Federal Trade Commission as part of a settlement alleging the company's leaders knowingly made false statements to cu... (more story)

Creditors on Monday called for First Brands to produce more information about litigation claims at the heart of its proposed Chapter 11 plan before a multiday confirmation hearing next week in Texas bankruptcy court.

A Delaware bankruptcy judge on Monday rejected a request by the state of California to transfer its tax audit dispute with solar panel company SunPower to a state administrative forum, keeping the matter in th... (more story)

A corporate founder seeking more than $100 million in a malpractice case against Simpson Thacher & Bartlett LLP endured a withering cross-examination in Florida state court Monday over his companies' money flo... (more story)

The liquidating trustee for Heritage Coal and the company that acquired it has sued the mining firm's former owner in Delaware bankruptcy court, accusing them of costing the new owner millions of dollars by co... (more story)

CashCall Inc., a subprime lender that once made loans with interest rates exceeding 130%, has filed for Chapter 11 protection in a California bankruptcy court facing legal judgments that total more than $400 million.

Biotechnology group Alachua Government Services received confirmation Tuesday of its Chapter 11 plan from a Delaware bankruptcy judge after reaching an agreement to resolve a dispute over a $147 million claim ... (more story)

A Delaware bankruptcy judge on Tuesday greenlighted GVO Partners' request to convert its Chapter 11 case to a Chapter 7 liquidation after counsel for the medical spa firm reported that the debtor had run out of cash.

A New York federal judge Monday set a 2027 trial date for the former owner of a now-bankrupt water vending company accused of a $200 million Ponzi scheme backed in part by a large-scale bond fraud that bilked ... (more story)

A secured creditor of medical spa management and investment firm GVO Partners has urged a Delaware bankruptcy judge to place the debtor's estate in the hands of a Chapter 11 trustee, alleging mismanagement of the company.

Jackson Walker LLP and the U.S. Trustee's Office, grappling with the aftermath of a romantic relationship between one of the firm's former partners and a then-bankruptcy judge, will not be able to delay pretri... (more story)

New York luxury property broker Ilan Bracha is under contract to buy a Manhattan mixed-use building in a bankruptcy for at least $8.6 million, after the death of a property owner in 2024 triggered a foreclosur... (more story)

Alea Holdings US Co., a unit of Bermuda-based insurance group Catalina Holdings, has filed for Chapter 11 protection in a Texas bankruptcy court with roughly $280 million in funded debt, saying it plans to use... (more story)

A Federal Court judge has set aside statutory demands issued by investment firm RH Capital seeking repayment of $23 million owed by two 3D printing companies in receivership, calling the decision to serve the ... (more story)