May 18, 2026
A judge rejected conspiracy theorist Alex Jones' appeal to shield assets belonging to his media business under the stay in Jones' personal Chapter 7 case. The Cannabist became the first marijuana company to secure Chapter 15 recognition of a foreign bankruptcy proceeding. And the U.S. Trustee's Office called for car parts giant First Brands' Chapter 11 case in Texas to be converted to a Chapter 7 liquidation.
May 11, 2026
A New York bankruptcy judge Monday blocked a South Carolina state court evidentiary hearing in two personal injury lawsuits against Asbestos Corp. Ltd., finding the automatic stay of the company's bankruptcy case applies to the state court hearing that had been scheduled for Tuesday.
October 30, 2025
A New York bankruptcy judge granted Chapter 15 recognition for Asbestos Corp. Ltd.'s Canadian restructuring over the objection of personal injury claimants and a Chapter 7 trustee, finding that the corporation's business activity in Canada outweighs its management of litigation in the U.S.
October 03, 2025
Kidde-Fenwal is asking to send its Chapter 11 plan to creditors for a vote, despite steadfast objections from states who say the firefighting foam maker hasn't given enough information on releases in its latest disclosure statement.
September 03, 2025
Personal injury claimants and a Chapter 7 trustee urged a New York bankruptcy judge to deny Chapter 15 recognition for Asbestos Corp.'s Canadian restructuring, saying it has more ties to the U.S. where it faces thousands of lawsuits.