The Purdue Pharma bankruptcy trust and trustees for some members of the Sackler family have filed separate documents in a New York bankruptcy court challenging moves they described as continued attempts by Ric... (more story)

A union representing pilots at Southwest Airlines objected late Wednesday to the proposed $10 million sale of employee data by bankrupt airline Spirit Aviation, saying the deal would adversely affect flight cr... (more story)

Law firm Jackson Walker said Wednesday that it should not be sanctioned for failing to bring to a Texas federal judge's attention additional cases involving an undisclosed romantic relationship between a bankr... (more story)

Philadelphia-based Weir LLP has shaken up its leadership team by naming a partner who has practiced at the firm for more than 25 years as its new managing partner.

Counsel for alcohol distributor Republic National told a Texas bankruptcy judge Thursday it has resolved creditor objections to its Chapter 11 liquidation plan and will be seeking the court's approval for the ... (more story)

A Chapter 11 trustee urged the U.S. Supreme Court on Wednesday to reject a bid by Chinese exile Miles Guo's daughter to undo rulings placing $24 million in yacht sale proceeds plus a $37 million escrow into th... (more story)

A Third Circuit panel appeared skeptical during more than two hours of oral arguments on Wednesday that an order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of Venezuelan d... (more story)

Petitioners who say they hold $272 million of debt have filed an involuntary Chapter 11 petition against Braskem America Finance Co., an indirect subsidiary of Brazilian Chapter 15 debtor Braskem SA, after a B... (more story)

First Brands Group's bankruptcy lenders Wednesday urged a Texas bankruptcy judge to throw out a bid by Evolution Credit Partners to secure $21.2 million in sale proceeds that the inventory finance firm alleges... (more story)

The federal government urged a Delaware bankruptcy court to dismiss an adversary action from Noble Supply & Logistics seeking roughly $19 million from the Defense Logistics Agency for goods and services the co... (more story)

A creditor of InvaTech Pharma Solutions is asking a New Jersey bankruptcy judge to reject the generic-drug developer's request to end its Chapter 11 case, saying it should be converted into a Chapter 7 liquidation instead.

A California federal judge granted the U.S. Securities and Exchange Commission a summary judgment win Wednesday in the commission's suit accusing a Los Angeles businessman of running two securities fraud schem... (more story)

A Texas bankruptcy judge Wednesday gave Camp Mystic one week to secure commitments from independent officials to manage the debtor's bankruptcy and litigation without interference from the Eastland family, tem... (more story)

A provider of broadband, wireless and telephone services to customers in rural Virginia and North Carolina filed for Chapter 11 protection Wednesday in Norfolk, Virginia, saying it owes $219 million to lenders... (more story)

The U.S. Trustee's Office has standing to pursue millions of dollars in fees paid to Jackson Walker LLP in cases assigned to a judge who was in an undisclosed romantic relationship with one of the firm's ex-pa... (more story)

Blank Rome LLP has brought on a four-attorney, New York-based commodities team from Hogan Lovells Cadwalader that advises clients in the financial services and energy industries.

Liquidators for collapsed charity Disaster Relief Australia have filed Federal Court of Australia proceedings against the AFL over an alleged $300,000 donation given to the charity which the league wants to be paid back.

The Roman Catholic Archdiocese of New Orleans and the trustee of its $230 million childhood sexual abuse settlement fund on Tuesday told a Louisiana bankruptcy judge they had reached an agreement to share the ... (more story)

Drive-thru chain Salad and Go on Tuesday secured a Texas bankruptcy judge's approval to sell leases for two of its restaurants to a company controlled by its co-founder and a separate entity, defeating landlords' objections.

Bankrupt restaurant group SMF Group, which owns several iconic eateries in New York City's Theater District and was founded by legendary restaurateur Shelly Fireman, asked a bankruptcy judge Tuesday to approve... (more story)