October 07, 2022
Alliance Health's liquidating trustee alleges a law firm helped a $100 million fraud scheme, the Alex Jones-controlled Free Speech Systems needs a new leader, and satellite operator Intelsat SA escapes from a $400 million contract dispute. This is the week in bankruptcy.
September 29, 2022
Bankrupt medical device maker Stimwave Technologies won a green light Thursday for a post-auction, $124 million sale to its pre- and post-petition lender and bidder-to-beat stalking horse, topping the sale's starting price by nearly 50%.
September 22, 2022
A Stimwave Technology Inc. director urged a bankruptcy judge in Delaware Thursday to require a "look back" at the medical device company's top lender and prospective buyer's conduct before approving a sale of the business.
June 21, 2022
Cosmetics behemoth Revlon Inc. filed for bankruptcy in the midst of a liquidity crisis, a South American airline brings its Chapter 11 plan in for a landing, and the next phase in Puerto Rico's restructuring nears a creditor vote. This is the week in bankruptcy.
June 16, 2022
A Delaware bankruptcy court judge approved $12 million in interim financing for medical device company Stimwave Technologies at a first-day hearing Thursday, overruling objections from equity holders that the company was shutting them out.
June 15, 2022
Stimwave Technologies Inc. filed for Chapter 11 protection in Delaware on Wednesday in the midst of Chancery Court litigation with its ex-CEO over allegations of financial and operational mismanagement by the former leadership team.