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Latest News in Bankruptcy

• March 03, 2026

  Opt-Out Releases Nixed For Buffalo Diocese's Ch. 11 Ballots

  The Roman Catholic Diocese of Buffalo must redesign ballots for its Chapter 11 plan after a New York bankruptcy judge held opt-out boxes could not be used to tally creditor consent to third party releases.

• March 03, 2026

  Charges Signal Tougher Stance On Execs' Bankruptcy Fraud

  The recent criminal charges stemming from the Tricolor and First Brands bankruptcy cases may represent a sea change in the willingness of federal prosecutors to use bankruptcy fraud as a basis to charge corporate officers more frequently alongside traditional statutes such as wire fraud, bank fraud and money laundering, say attorneys at White & Case.

• March 03, 2026

  Eletson Says Ch. 11 Arrest Warrants Are 'Logical Next Step'

  Reorganized shipping company Eletson Holdings Inc. has told a New York bankruptcy judge that arrest warrants for ex-officials of the company are an appropriate, incremental action in a months-long quest to obtain depositions from individuals facing court judgments.

• March 03, 2026

  Multi-Color Lenders Call Lien Challenge Waste Of Time

  Barclays Bank is asking a New Jersey bankruptcy judge to dismiss a suit challenging liens against Multi-Color Corp., saying the suit is unnecessary since the bankrupt global label-maker's reorganization plan will be before the court by the end of the month.

• March 02, 2026

  5th Circ. Presses McDermott Shareholders On Direct Claim

  A Fifth Circuit panel wanted to know why investors should get another shot at a direct class action alleging that McDermott International Inc. made misrepresentations about a $6 billion merger, asking Monday if the case before the court was "analogous" to a case alleging the company overpaid for the merger.

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