A group of ConvergeOne lenders asked a Texas bankruptcy judge Friday to reject the information technology company's prepackaged Chapter 11 plan, saying an equity rights offering underpinning the proposal unfai... (more story)

A healthcare company that provides services to members of the military and their families sued debtor Steward Health Care on Thursday in Texas bankruptcy court, asking a judge there to declare that the provide... (more story)

This past week in London has seen a wave of claims filed against Verity Trustees Ltd., Harley-Davidson hit retailer Next with an intellectual property claim, Turkish e-commerce entrepreneur Demet Mutlu sue her... (more story)

A Delaware bankruptcy judge said Friday that she was prepared to send Cano Health Inc.'s Chapter 11 plan out for a creditor vote after hearing the medical care group has reached a $7 million settlement with it... (more story)

New Jersey federal courts saw the second most Chapter 11 bankruptcy filings in the nation over the last year, Chief U.S. District Judge Renée Marie Bumb of the District of New Jersey said on Friday.

Convicted insurance mogul Greg Lindberg told the North Carolina Supreme Court he's relinquishing control of portions of his enterprise to fulfill a deal to restructure them with independent oversight, accordin... (more story)

A bankrupt Johnson & Johnson unit's libel claims over a scientific article linking talcum powder to mesothelioma intrigued a New Jersey federal judge during an oral argument on Thursday, prompting her to muse ... (more story)

SVB Financial Group, the former parent company of Silicon Valley Bank, told a New York bankruptcy judge Thursday that it had resolved outstanding objections to its Chapter 11 plan disclosure statement and was ... (more story)

After being sidelined for more than a decade, a plan for expanding U.S. Department of Labor rules for terminating retirement plans abandoned by employers are moving forward again, the agency reported Thursday,... (more story)

The bankrupt parent of Bally Sports-branded regional sports networks touted the extension of a carriage contract with DirecTV Wednesday in Texas bankruptcy court, at the same time that the parent company's par... (more story)

Teen apparel retailer rue21 has informed a Delaware bankruptcy judge it accepted a nearly $4 million stalking-horse bid to sell its brands and other intellectual property to Canadian fashion house YM Inc.

Bankruptcy courts saw a flurry of filings this week from mid-cap companies, encompassing everything from old-school grocers to the vanguard of the AI industry.

Shareholders of a special purpose acquisition company that took a now-bankrupt smart window manufacturer public have reached a tentative agreement to settle their proposed Delaware Chancery Court class action ... (more story)

"Say Yes to the Dress" bridal designer Hayley Paige Gutman will receive ownership of social media accounts created by the designer in exchange for a settlement payment to her former employer, bankrupt dressmak... (more story)

Delaware's Court of Chancery has approved the final accounting for medical device company EndoStim Inc.'s state-administered insolvency proceeding after no creditor or other party raised any objections at a fi... (more story)

Moving services company Lugg Inc. filed for bankruptcy protection in Delaware on Friday with more than $3 million in debt, saying it faces a number of default judgments after one of its remote workers failed t... (more story)

Two Georgia poll workers who won a $148 million judgment in a defamation suit against Rudy Giuliani told a New York bankruptcy judge Thursday they were close to an agreement with the former Donald Trump lawyer... (more story)

Bankrupt teen retailer rue21 has asked a Delaware bankruptcy court for approval to reject its leases at 51 store locations where going-out-of-business sales have already wrapped up or aren't planned, saying th... (more story)

Artificial intelligence-powered employee recruitment venture Joonko told a Delaware bankruptcy court Thursday it hopes to use Chapter 11 to resolve the legal mess left by its ex-CEO's fraud by this fall.

Colombian consumer lending giant Credivalores-Crediservicios filed for bankruptcy in New York on Thursday, with a prepackaged Chapter 11 plan to cut $55 million from its balance sheet and emerge from bankruptcy next month.