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.