The administrator for construction startup Katerra Inc.'s Chapter 11 plan has told a Texas bankruptcy court he reached a $560,000 settlement with Jackson Walker LLP over the fees the firm was awarded in the ca... (more story)

A Delaware bankruptcy judge granted his approval Monday to the bidding procedures proposed in the Chapter 11 case of a company that uses artificial intelligence to explore new uses for existing drugs.

A Texas bankruptcy judge Monday congratulated Genesis Healthcare on reaching a deal resolving its dispute with the winning bidder for its 175 nursing homes in the leadup to its confirmation hearing set for Oct. 6.

Spirit Airlines won approval to sell 27 aircraft for $668 million, while Florida's Brightline parent company pursued a restructuring of more than $1 billion in bond debt. Wendy's said one of its largest U.S. f... (more story)

Munsch Hardt Kopf & Harr PC announced Monday that it has strengthened its bankruptcy, restructuring and insolvency practice with an Austin-based partner who came aboard from Husch Blackwell LLP.

Spirit Airlines' flight attendants' union has told a New York bankruptcy judge that the bankrupt airline has reduced the amount of business data it's proposing to sell to Google for artificial intelligence tra... (more story)

The Second Circuit on Friday upheld a Connecticut bankruptcy court decision that folded a $7.25 million mansion into the Chapter 11 estate of convicted fraudster Miles Guo, turning away his wife's argument tha... (more story)

Weil Gotshal & Manges LLP has announced that it continued its boomerang hiring streak by adding the former chair of Willkie Farr & Gallagher LLP's restructuring and reorganization practice.

A Texas bankruptcy judge has approved petrochemical company Braskem Idesa's Chapter 11 plan, which the debtor said will trim more than $900 million of debt and preserve hundreds of jobs.

O'Melveny said Thursday that it has added another attorney to its bankruptcy and restructuring team in New York — a former Linklaters LLP partner who the firm said enhances its creditor-side and special situat... (more story)

A Delaware bankruptcy judge terminated the litigation trustee appointed under the confirmed Chapter 11 plan of California resort developer SilverRock Development on Monday after hearing from creditors that mor... (more story)

An insurer for a San Francisco pharmaceutical company told a California federal court it owes no duty to defend the company in a suit from a creditor and shareholder alleging directors and officers mismanaged ... (more story)

An Australian coal mining company's secured creditor has first priority over a chunk of about AU$7.5 million ($5.3 million) in contested tax refunds compared with a company that purchased the refunds, the Supr... (more story)

A Texas bankruptcy judge on Monday gave Five Star Development permission to take out $177.5 million in new Chapter 11 financing and refinance part of its prebankruptcy debt after hearing the resort developer i... (more story)

A New Jersey bankruptcy judge has dismissed the Chapter 11 case of the company developing a 120-unit residential complex in the state, finding the creditor that made the request stood to be harmed more by the ... (more story)

The Financial Conduct Authority on Monday said it has secured a bankruptcy order against a Scotland-based insurance broker who is currently awaiting trial on embezzlement charges. 

A Federal Court has ordered the collapsed Ralan Property group's liquidators to pay costs for a hearing cancelled after they served extensive document summaries on its former head of sales at short notice, but... (more story)

The medical device company Curonix LLC has won its lawsuit against the founder of Stimwave Technologies Inc., with Delaware's Court of Chancery finding that the plaintiff is the rightful holder of 75,000 share... (more story)

A Texas bankruptcy judge Friday approved the $90 million sale of properties owned by insolvent resort developer Five Star Development to a prepetition secured lender.

The past week in London has seen Glencore Energy sue a refinery for allegedly defrauding it out of more than $236 million worth of crude oil, the former CEO of ankle-tag maker Big Technologies file a defamatio... (more story)