October 01, 2026
The AI-powered health tech firm Survey Health wants out of its involuntary bankruptcy petition, saying the case was concocted by a backstabbing co-founder. Reed Smith LLP is arguing it should not have to turn over its client files for the former management of Eletson Holdings Inc. to new management. And Spirit Airlines' former workers continue to hold firm against the company's plans to sell a trove of operational data to Google.
September 25, 2026
A Texas bankruptcy judge has approved petrochemical company Braskem Idesa's Chapter 11 plan, which the debtor said will trim more than $900 million of debt and preserve hundreds of jobs.
September 02, 2026
Brazilian-Mexican petrochemical company Braskem Idesa SAPI has tapped a team of attorneys from Hunton Andrews Kurth LLP and Cleary Gottlieb Steen & Hamilton LLP to guide its pre-negotiated Chapter 11 plan to trade debt for equity.
August 18, 2026
A Texas bankruptcy judge on Tuesday agreed to allow Brazilian-Mexican petrochemical company Braskem Idesa SAPI to tap into $230 million of its new money debtor-in-possession funding as it prepares to collect votes on its Chapter 11 plan.