October 22, 2026
Settlement efforts in the Chapter 9 bankruptcy case of the Puerco Valley Fire District, involving a dispute with creditor Apache County over tax revenue distributions and debt repayment, appear to have stalled despite a court-led settlement conference, according to a report filed by the county Monday.
September 25, 2026
Microbiome treatment company Finch Therapeutics will undergo a hearing on a proposed settlement in its Chapter 11 case, Inspired Healthcare will seek approval of an asset sale and Spirit Airlines will ask for a bankruptcy court's permission to sell its data.
August 07, 2026
A group of attorneys from Kutak Rock LLP is representing Puerco Valley Fire District, Arizona's largest fire district, as it seeks to address its $3 million negative balance through Chapter 9 bankruptcy proceedings.
August 05, 2026
An Arizona bankruptcy judge Wednesday allowed the insolvent Puerco Valley Fire District to access $400,000 of interim funding from its home county of Apache County, overruling opposition from the municipality.
August 04, 2026
Two companies facing significant asbestos-related liabilities headed to bankruptcy court with roadmaps for a resolution. A steel tube maker sought Chapter 15 protection following what it described as a year of tariff-related woes. And Arizona's largest fire district, which has stopped responding to emergency calls, filed for Chapter 9 relief after its local government withheld funding.
August 03, 2026
The largest fire district in Arizona has shut down emergency services and requested Chapter 9 relief, after a county treasurer began withholding tax revenue to address a $3 million negative balance.