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Latest News in Bankruptcy

• April 01, 2026

  Ex-FTX Chief Engineer Resolves CFTC Fraud Suit For $3.7M

  The Commodity Futures Trading Commission Wednesday announced a New York federal court had entered an order resolving fraud charges against the former chief engineer of defunct cryptocurrency investment platform FTX.

• April 01, 2026

  Oakland Diocese Yanks Insurance Deals From Newest Plan

  The Roman Catholic Diocese of Oakland, California, told a bankruptcy judge Wednesday it removed $42 million in settlements with insurance carriers from its proposed Chapter 11 plan to eliminate one source of conflict with the committee representing abuse claimants in the case.

• April 01, 2026

  Fortress Buys Bankruptcy Services Provider Omni

  Investment management firm Fortress has acquired bankruptcy claims and noticing agent Omni, the two companies have announced.

• April 01, 2026

  Lidar Co. Luminar Cleared To Exit Ch. 11 After Asset Sales

  A Texas bankruptcy judge Wednesday signed off on Luminar's bid to wind down its business and make distributions to creditors in Chapter 11, months after the maker of autonomous-vehicle technology sold most of its assets.

• March 31, 2026

  Del. Chancery Tosses B. Riley Investor Loss Suit

  The Delaware Chancery Court dismissed a stockholder derivative lawsuit accusing B. Riley Financial Inc. insiders and directors of breaching their fiduciary duties over hundreds of millions of dollars in losses tied to the failed Franchise Group investment, ruling that the claims amounted to an impermissible hindsight critique of a risky business decision.

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