January 06, 2026
Bankrupt nursing home company Genesis Healthcare Inc. on Tuesday announced Genie 3 Partners LLC as its new stalking horse bidder for the upcoming second auction of all its assets, following a Texas bankruptcy judge's rejection last month of the previous sale bid.
January 02, 2026
Creditors are asking a Texas bankruptcy judge to give them more than 99% of a reorganized oil driller's equity following a ruling from the Fifth Circuit. A subprime auto lender is hoping to send its Chapter 11 plan out for a creditor vote. And a bankrupt nursing home operator will defend its lawsuit against federal regulators to keep an Alabama location open.
December 17, 2025
The U.S. Trustee's Office is seeking to wrest control from bankrupt Genesis Healthcare Inc., alleging the nursing home operator's Chapter 11 case in Texas is being undermined by an insider and his loyalists and arguing that new independent oversight is needed.
December 15, 2025
A bankruptcy judge in Texas rejected the result of an auction in Genesis Healthcare's Chapter 11 and confirmed Prospect Medical's bankruptcy plan, and another judge allowed Pine Gate Renewables to access more than $1.6 billion in postpetition funding.
December 11, 2025
A Texas bankruptcy judge decided Thursday she would restart the auction process in the bankruptcy of nursing home company Genesis Healthcare Inc., saying she wasn't convinced the first attempt had been fair.
December 11, 2025
Democratic lawmakers urged a Texas bankruptcy judge to appoint an examiner to look into Genesis Healthcare's proposed sale, a Delaware bankruptcy judge said damages against the founder of Indian tech giant Byju's will be considered in January, and a New York federal judge said pretrial proceedings in a clawback action against 174 former customers of crypto platform Celsius Network belong in bankruptcy court.
December 10, 2025
Bankrupt nursing home company Genesis Healthcare Inc. and its proposed asset purchaser on Wednesday traded accusations with parties objecting to the deal at the first day of a multipart sale hearing in the debtor's Chapter 11 case, with each side claiming the other is backing an inferior bid.
December 02, 2025
The stalking horse bidder and DIP co-lender for bankrupt nursing home company Genesis Care emerged as the winning bidder in the auction for Genesis' assets with a $40 million cash bid, the debtor has announced.
November 19, 2025
Personal injury and wrongful death claimants have asked the Fifth Circuit to intervene in Genesis Healthcare's bankruptcy to unravel orders the group says obstruct claimant access to the civil justice system.
November 13, 2025
A Long Island Catholic diocese brought its Chapter 11 case to a close, the U.S. trustee objected to a bid by metal recycling company Aleon Metals to end its Chapter 11, and remodeling group Renovo was slapped with two putative class actions.