November 12, 2026
President Donald Trump signed a bill reinstating higher debt thresholds for streamlined Chapter 11 filings, a debtor with a mixed-use building in Tribeca opposed the U.S. Trustee's Offices' bid to convert its Chapter 11 case and unsecured creditors for book distributor Baker & Taylor objected to administrative claims.
October 27, 2026
Book distributor Baker & Taylor can begin soliciting creditors' votes for its Chapter 11 liquidation plan ahead of a confirmation hearing in December, a New Jersey bankruptcy judge said Tuesday.
March 24, 2026
The maker of spandex is looking to swap its debt for equity in Chapter 11, a longtime book distributor plans to finish winding down operations while its bankruptcy keeps an automatic stay on litigation, and a microbiome treatment developer wants to sell its assets in bankruptcy.
March 23, 2026
Label maker Multi-Color's Chapter 11 case will stay in New Jersey, Spandex maker Lycra hit Chapter 11 in Texas, and Jackson Walker can pay clients demanding refunds over a relationship between a former firm attorney and a bankruptcy judge. This is the week in bankruptcy.
March 17, 2026
Baker & Taylor, a 198-year-old book distributor, sought bankruptcy protection in New Jersey with at least $100 million in liabilities after the COVID-19 pandemic, litigation and a loan default forced it to shut down operations last year.