April 20, 2026
A New York bankruptcy judge determined Jones Day cannot represent former talc producer Vanderbilt Minerals in its Chapter 11 case. Label maker Multi-Color and film producer Village Roadshow confirmed Chapter 11 plans. And U.S. Bankruptcy Judge John T. Dorsey, the former chief judge of Delaware's bankruptcy court, passed away "following a courageous battle with cancer." This is the week in bankruptcy.
April 16, 2026
Village Roadshow, the film production company behind "The Matrix" and "Ocean's Eleven," won confirmation of its disclosure statement and liquidation plan Thursday after striking a deal with Warner Bros. Entertainment and clearing other objections to smooth its path toward the exits.
April 10, 2026
Label-maker Multi-Color and film producer Village Roadshow will seek court approval for their respective Chapter 11 plans. Spirit Airlines is hoping to send the reorganization plan for its second bankruptcy off for a creditor vote. And creditors to Brazilian telecommunications group Oi SA will argue that a planned equity sale violates an earlier Chapter 15 order.
April 09, 2026
The trustee in Bernie Madoff's bankruptcy unveiled a deal to end longtime litigation with a United Arab Emirates sovereign wealth fund. A bitcoin owner alleged scammers used confidential creditor information stolen from a bankruptcy claims agent to target him. And creditors objected to a resort developer's proposal to split land sale proceeds.
February 20, 2026
A Delaware bankruptcy judge Friday gave Village Roadshow, the film producer behind "The Matrix" and "Ocean's Eleven," permission to send its Chapter 11 liquidation plan out for a creditor vote, overriding objections from the U.S. Trustee's Office to the plan's third-party releases.
February 18, 2026
The U.S. Trustee's Office has urged the Delaware bankruptcy court to block Village Roadshow's attempt to solicit votes on its Chapter 11 liquidation plan, arguing that sweeping third-party releases in the film and television production company's reorganization proposal are unlawful and inadequately disclosed to creditors.
November 24, 2025
A Delaware bankruptcy judge Monday denied a motion to stay the Chapter 11 sale of Village Roadshow's derivative film rights pending an appeal of the $18.5 million deal, finding Warner Bros. failed to demonstrate it was likely to succeed in its appeal.
November 21, 2025
Rite Aid will head to court to seek approval of its second reorganization plan in one year and justify its third-party releases in the aftermath of the U.S. Supreme Court's Purdue decision. Film production company Village Roadshow is scheduled for a hearing where it will fight a bid to stop its asset sale. And electric-truck maker Nikola is expected to attempt to collect the proceeds of an auction.
November 20, 2025
Noteholders of Village Roadshow Entertainment Group, the bankrupt company that co-produced blockbuster films including "The Matrix," have lashed out at an effort by Warner Bros. to sue them, saying it would effectively hold the Chapter 11 case hostage and is part of a multipronged attack on the debtor's restructuring process.
November 18, 2025
Hollywood studio Warner Brothers asked a Delaware bankruptcy judge on Tuesday to pause the $18.5 million sale of its bankrupt former business partner Village Roadshow's derivative film rights while it challenges the deal.