April 08, 2026
A Texas bankruptcy judge Wednesday denied a request from Genesis Healthcare to pay $1.6 million to a company that had offered to provide postpetition financing, finding the debtor should have sought approval of the fee before it chose a different lender.
March 24, 2026
A Texas bankruptcy judge Tuesday gave Genesis Healthcare permission to pay up to $7.3 million in bonuses to executives and other employees, agreeing with the nursing home chain that the workers are needed to keep the business running until its Chapter 11 sale closes.
March 23, 2026
A group with negligence claims against Genesis Healthcare objected to approval of a revised bonus compensation plan for the skilled nursing operator's employees and executives, saying the $6.5 million request isn't warranted because the debtor has continued to neglect its residents.
March 20, 2026
A Delaware bankruptcy judge will consider US Magnesium's bid for postpetition financing, Genesis Healthcare will go before a Texas judge seeking the all-clear to institute an executive bonus scheme, and another Texas judge will weigh a move to reopen satellite company Speedcast International Ltd.'s Chapter 11.
March 19, 2026
A Delaware bankruptcy judge quashed a request to make a consultant hired by Christmas Tree Shops LLC pay liabilities for short-notice layoffs, eye treatment developer Clearside Biomedical asked the same judge to approve a claim settlement and the U.S. Trustee balked at Genesis Healthcare's proposed executive bonuses.
March 02, 2026
Solar panel co. PosiGen was given the green light to wind down, fiber network Tilson's Chapter 11 case was dismissed, and Mallinckrodt's bankruptcy prevented antitrust payouts.
February 26, 2026
A company that formed a real estate joint venture with bankrupt nursing home operator Genesis Healthcare can directly appeal a Texas bankruptcy judge's ruling on the scope of Chapter 11's automatic stay, the Fifth Circuit ordered.
February 25, 2026
A Texas bankruptcy judge on Wednesday gave Genesis Healthcare permission to take out up to $105 million in new Chapter 11 financing to keep the nursing home group operating until it can close its asset sale.
February 02, 2026
US Magnesium secured approval of a $30 million asset sale in its bankruptcy, a judge refused to install a Chapter 11 trustee in Genesis Healthcare's case, and another allowed self-driving vehicle technology company Luminar Technologies to move forward with asset sales that will net its estate $142.54 million.
January 29, 2026
Genesis Healthcare and a former bidder for the debtor's assets opposed installation of a Chapter 11 trustee before a bankruptcy court refused the idea. A Texas bankruptcy judge refused to rethink approving a casino operators' $28 million sale for the Teamsters. And auto parts maker Marelli Corp. sought more time to submit a bankruptcy plan.