September 02, 2025
U.S. bankruptcy courts approved several major Chapter 11 plans: a Texas judge confirmed Party City's liquidation plan, Delaware approved Wag! Group's debt-to-equity restructuring, and New York approved the Diocese of Syracuse's $176 million sexual abuse settlement.
August 28, 2025
A Texas bankruptcy judge gave final approval to $46 million in new money Chapter 11 financing for Maverick Gaming LLC, a company that runs casinos and other gambling venues in three states, and scheduled a Sept. 19 auction for the debtor's assets.
August 15, 2025
In the coming week, bankruptcy judges are set to hear issues including a Brazilian telecommunications company's proposed jump from Chapter 15 to Chapter 11, final approval of Genesis Healthcare's postpetition financing, and a settlement proposed by electric-vehicle maker Nikola Corp.
July 30, 2025
Maverick Gaming LLC, a company that aimed to turn around struggling casinos and gambling operations, itself fell on hard times due to COVID-19 and competitive pressures, court documents show.
July 28, 2025
The Office of the U.S. Trustee has appointed five members to the official committee of unsecured creditors in the Chapter 11 case of Maverick Gaming LLC, a company that runs casinos and other gambling venues.
July 16, 2025
Casino and hotel operator Maverick Gaming has put together a team of attorneys from Hunton Andrews Kurth LLP and Latham & Watkins LLP to see it through Chapter 11 as the company plans a sale of its assets.
July 15, 2025
A company that runs casinos and other gambling venues in three states received a Texas bankruptcy judge's permission Tuesday to make an initial draw of $8.5 million from a Chapter 11 financing package its existing secured lenders provided.