November 02, 2026
Bankruptcy titan Weil Gotshal & Manges LLP announced it would wind down, the U.S. Department of Justice named a new head for the U.S. Trustee Program, and the nationwide Bankruptcy Noticing Center resumed operations following a cybersecurity incident.
October 26, 2026
Visual media and stock image company Getty Images received approval for its debtor-in-possession financing in its first-day hearing. State attorneys general asked the U.S. Supreme Court to hear a challenge to "Texas two-step" bankruptcies. Linqto was allowed to tweak its confirmed Chapter 11 plan to bring in a new liquidating trustee after filing an adversary proceeding against the original trustee.
October 23, 2026
Attorneys general for 20 states and the District of Columbia urged the U.S. Supreme Court to take up a challenge to the validity of "Texas Two-Step" bankruptcies, telling the high court a Fourth Circuit ruling in an asbestos liability case threatens the ability of states to exercise their sovereign power to enforce their own laws.
March 05, 2026
Asbestos claimants asked the Fourth Circuit to rethink protecting a bankruptcy stay even though the debtor isn't insolvent. Creditors objected to final Chapter 11 financing approval for Inspired Healthcare Capital. And a New York appellate court rejected a bid to reargue document releases in insurance litigation related to a Catholic parish's bankruptcy.
February 12, 2026
A split panel of the Fourth Circuit on Wednesday upheld lower court rulings that left in place a stay of asbestos injury litigation facing the bankrupt affiliate of building material maker CertainTeed, with the majority ruling the debtor filed its case in good faith.
May 10, 2024
A Fourth Circuit panel left critical issues open when it denied permission to an appeal challenging the so-called Texas two-step Chapter 11 of industrial equipment maker Aldrich Pump, asbestos claimants in two separate bankruptcy cases said, asking the full appeals court to reconsider hearing the case and settle questions that have plagued their own bankruptcies in the Western District of North Carolina.
March 21, 2024
The asbestos injury claimants in the two Chapter 11 cases of CertainTeed spinoff DBMP LLC and Aldrich Pump LLC have asked a North Carolina judge to reject DBMP's request to access Aldrich Pump's asbestos claims records, saying it is unnecessary and invading the claimants' privacy.
October 24, 2022
The committee representing asbestos claimants in the Chapter 11 case of a bankrupt CertainTeed spinoff filed a complaint in North Carolina court Saturday that seeks to unwind the spinoff as a fraudulent transfer.