April 28, 2026
A Delaware bankruptcy judge on Tuesday allowed bankrupt home lending broker Impac Mortgage to continue to control the sale of its stock after hearing that millions of dollars in transactions took place despite an emergency order he entered Monday to restrict trading.
April 27, 2026
Bankrupt home lending broker Impac Mortgage Holdings Inc. received emergency approval on Monday to restrict trading of its stock in order to protect as much as $1.4 billion in tax attributes, which are its most valuable assets, as it pursues a 60-day reorganization track.