Bankruptcy

Bankruptcy Law360 provides breaking news and analysis on bankruptcy law. Coverage includes corporate bankruptcies and out-of-court restructurings, as well as corporate distress and imminent bankruptcy and policy developments that affect bankruptcy law.



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Latest News in Bankruptcy

  • December 15, 2017

    Top Product Liability Cases Of 2017

    The U.S. Supreme Court's decision to overturn a California high court's ruling that 600 nonresidents could pursue claims against Bristol-Myers Squibb over a blood thinner drug heads this year's list of top product liability cases, along with a bankruptcy ruling exposing General Motors to millions of claims not related to its infamous ignition switch.

  • December 15, 2017

    Aeropostale Files Ch. 11 Plan, Says Lenders Are On Board

    Bankrupt clothing retailer Aeropostale filed an amended restructuring plan Thursday, more than a year after it was sold to a group of commercial real estate owners and other companies, saying its lenders have agreed to its proposed wind-down and distribution arrangement.

  • December 15, 2017

    Avaya Shortens Contract For Soccer Stadium Naming Rights

    Avaya Inc. has shortened its naming rights contract with a soccer stadium in San Jose to 2018 instead of 2024, the bankrupt telecom giant told a New York bankruptcy court Thursday, as it ties up loose ends ahead of an imminent exit from Chapter 11.

  • December 15, 2017

    Texas Justices Keep Noble On The Hook For $63M Indemnity

    The Texas Supreme Court on Friday declined to revisit its decision that Noble Energy Inc. has to indemnify ConocoPhillips in connection with $63 million in environmental cleanup costs despite arguments that Noble’s predecessor wasn’t properly told about the indemnity agreement.

  • December 15, 2017

    Xceligent Goes Down, To Liquidate In Bankruptcy

    Commercial real estate listing firm Xceligent Inc. on Friday filed for Chapter 7 bankruptcy in a Delaware bankruptcy court after a year of legal fights with a rival listing service.

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Bankruptcy

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