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October 27, 2026
A New York bankruptcy judge Tuesday granted Chapter 15 recognition of the insolvency proceeding for construction conglomerate Andrade Gutierrez Engenharia in its home country of Brazil, clearing the way for a $555 million restructuring.
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October 27, 2026
Nearly $3 billion in defaulted Venezuelan bonds should not be blocked from enforcement under the country's domestic law, the Second Circuit ruled Tuesday.
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October 27, 2026
Boutique fitness studio operator and self-described "sport lifestyle" company FitLab Inc. has filed for Chapter 11 protection in Delaware with more than $100 million in liabilities.
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October 26, 2026
An Australian creditor that helped force cryptocurrency miner Mawson Infrastructure Group Inc. into bankruptcy has urged the U.S. Bankruptcy Court for the District of Delaware to reject the company's bid to hold it in contempt and fine it $10,000 a day, arguing another creditor has already posted the full $1.5 million bond required by the court.
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October 26, 2026
A New Jersey bankruptcy judge Monday signed off on a $13 million settlement between unsecured creditors of former summer camp operator SIMAD Holdings and its biggest secured lender, despite the IRS' objection to the deal.
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October 26, 2026
A Tennessee federal judge has denied an attempt by the chief executive of a whiskey maker to block asset sale efforts by the company's receiver pending an appeal of the court's decision to keep the receivership in place.
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October 26, 2026
North Carolina's highest court has ruled that the automatic stay of a man's bankruptcy extended the deadline for a South Carolina real estate rental company to collect a debt he owed it, reversing a lower state court decision that found the company had missed its window.
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October 26, 2026
The Archdiocese of New York has reached an $800 million settlement to resolve about 1,200 outstanding claims of child sexual abuse.
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October 23, 2026
Attorneys general for 20 states and the District of Columbia urged the U.S. Supreme Court to take up a challenge to the validity of "Texas Two-Step" bankruptcies, telling the high court a Fourth Circuit ruling in an asbestos liability case threatens the ability of states to exercise their sovereign power to enforce their own laws.
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October 23, 2026
A North Carolina bankruptcy judge on Friday denied energy aggregator American Efficient's requested sanctions against PJM Interconnection, saying the power grid operator's refusal to hand over $800,000 in post-petition interest is not an automatic stay violation.
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October 23, 2026
A term loan lender in the Chapter 11 case of Florida regional rail company Brightline Holdings has raised concerns about the unusual postpetition lending package in the bankruptcy, contending creditors should be informed about how the financing flows to the debtors and about changes to a cap on funds made available to them.
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October 23, 2026
The U.S. Securities and Exchange Commission told a Florida federal court Friday that it wants to settle its $152 million investor fraud suit against a real estate investment trust and its founders.
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October 23, 2026
A Delaware bankruptcy judge Friday agreed to grant Chapter 15 recognition of Papaya Gaming Ltd.'s insolvency proceeding in Israel but ordered the debtor to freeze funds in its U.S. bank accounts in light of an earlier, more than $70 million transfer that the judge said "clearly prejudiced" creditor Skillz Platform.
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October 22, 2026
Reed Smith urged the Second Circuit in an emergency motion to pause lower court decisions requiring the firm to turn over client files related to shipping company Eletson, saying the courts have "presumed the outcome" of a bankruptcy appeal before scheduled December oral arguments.
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October 22, 2026
Getty Images secured a Delaware bankruptcy judge's approval on Thursday to borrow $85 million in Chapter 11 financing from a Koch family affiliate, funds it will direct to senior lenders and use to support its business during the bankruptcy case.
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October 22, 2026
The Purdue Pharma bankruptcy trust and trustees for some members of the Sackler family have filed separate documents in a New York bankruptcy court challenging moves they described as continued attempts by Richard S. Sackler and his wife, Lin Gao, to block parts of the drugmaker's bankruptcy plan.
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October 22, 2026
A union representing pilots at Southwest Airlines objected late Wednesday to the proposed $10 million sale of employee data by bankrupt airline Spirit Aviation, saying the deal would adversely affect flight crews by sharing training and employment information.
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October 22, 2026
Law firm Jackson Walker said Wednesday that it should not be sanctioned for failing to bring to a Texas federal judge's attention additional cases involving an undisclosed romantic relationship between a bankruptcy judge and one of its attorneys because the U.S. Trustee already investigated those cases and didn't take action.
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October 22, 2026
Counsel for alcohol distributor Republic National told a Texas bankruptcy judge Thursday it has resolved creditor objections to its Chapter 11 liquidation plan and will be seeking the court's approval for the proposal next week.
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October 21, 2026
A California federal judge granted the U.S. Securities and Exchange Commission a summary judgment win Wednesday in the commission's suit accusing a Los Angeles businessman of running two securities fraud schemes involving investments in U.S.-based hotels, saying it was clear the co-founder made material false statements to investors.
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October 21, 2026
A Chapter 11 trustee urged the U.S. Supreme Court on Wednesday to reject a bid by Chinese exile Miles Guo's daughter to undo rulings placing $24 million in yacht sale proceeds plus a $37 million escrow into the bankruptcy estate, disputing allegations that a circuit split warrants the justices' attention.
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October 21, 2026
A Third Circuit panel appeared skeptical during more than two hours of oral arguments on Wednesday that an order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of Venezuelan debt should be overturned because of the appearance of bias.
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October 21, 2026
The federal government urged a Delaware bankruptcy court to dismiss an adversary action from Noble Supply & Logistics seeking roughly $19 million from the Defense Logistics Agency for goods and services the company said were delivered, arguing the court lacks jurisdiction.
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October 21, 2026
A provider of broadband, wireless and telephone services to customers in rural Virginia and North Carolina filed for Chapter 11 protection Wednesday in Norfolk, Virginia, saying it owes $219 million to lenders and has a $92 million offer in hand for the purchase of its assets.
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October 21, 2026
The U.S. Trustee's Office has standing to pursue millions of dollars in fees paid to Jackson Walker LLP in cases assigned to a judge who was in an undisclosed romantic relationship with one of the firm's ex-partners, a Texas bankruptcy court has concluded.