September 08, 2026
Silicon Valley Bank's former parent company lost its yearslong efforts to force the Federal Deposit Insurance Corp. to return $1.7 billion it seized. A Delaware bankruptcy judge questioned whether HSF Kramer's previous work for creditors disqualifies it from guiding a West Virginia coal plant through its Chapter 11 proceeding. And multiple debtors secured confirmation of plans in complex Chapter 11 cases.
September 02, 2026
A Texas bankruptcy judge on Wednesday approved information technology services provider TPx Communications' Chapter 11 plan that will see it emerge from bankruptcy with a $1 billion lighter balance sheet.
August 31, 2026
Bankrupt telecommunications company U.S. TelePacific Corp. sued software service provider Arista Networks Inc., accusing Arista of withholding tech support to force the debtor to switch from a contractual services model to a subscription model, despite having received millions of dollars in contract payments.
August 21, 2026
Attorneys from DLA Piper are representing the official committee of unsecured creditors of information technology services provider TPx Communications, while attorneys from Haynes Boone and Davis Polk & Wardwell LLP represent an ad hoc group of lenders, as the company seeks to address roughly $1.1 billion in debt through Chapter 11.
August 10, 2026
The Senate moved to reinstall a higher debt limit for Subchapter V, food distributor Harvest Sherwood confirmed its Chapter 11 plan and TPx Communications acquired access to nearly $74 million in postpetition financing.
August 03, 2026
A Texas bankruptcy judge gave final approval to TPx Communications' $73.5 million debtor-in-possession loan on Monday after the information technology services provider reached an agreement with its unsecured creditors' committee under which they will support its Chapter 11 plan.
July 29, 2026
Technology and cybersecurity services group TPx Communications has tapped lawyers from Sidley Austin LLP to assist the debtor as it seeks to address some $1.1 billion in debt through Chapter 11.
June 30, 2026
A Texas summer camp filed for bankruptcy protection in the face of litigation over deadly floods last year. A technology services company is looking to sell its assets or swap debt for equity during its Chapter 11 case. And a Pennsylvania-based staffing plans to liquidate in a Chapter 7 proceeding.
June 29, 2026
Information technology services provider TPx Communications filed for Chapter 11 protection Monday in a Texas bankruptcy court with a restructuring support agreement backed by the holders of the majority of its $1.1 billion in debt.