Radio giant Cumulus Media has told the Second Circuit that Nielsen helped contribute to the broadcaster's bankruptcy earlier this year by tying sales of its national radio ratings data to sales of its local of... (more story)

A Texas bankruptcy judge said Wednesday he would sign off on the Chapter 11 plan outlined by Office Properties Income Trust, a real estate investment trust that owns and leases out office space nationwide, ove... (more story)

Womble Bond Dickinson (US) LLP has hired a former White & Case LLP partner who specializes in real estate financing and private capital market deals for a partner role in its New York City office, the firm recently announced.

Just 14 months after Spirit Airlines received a New York bankruptcy judge's approval for a debt-equity swap Chapter 11 plan in an earlier case, the budget airline is heading to court again Thursday to defend i... (more story)

North American farming enterprise Monette Farms Ltd. filed for Chapter 15 recognition of its Canadian restructuring as it seeks to reduce its nearly $800 million in debt (CA$1.08 billion).

Counsel for the founder of Beneficient on Tuesday told a Manhattan federal jury that the founder of the Dallas-based financial services firm did not defraud its onetime business partner GWG Holdings out of mor... (more story)

Members of Congress have reintroduced bipartisan legislation meant to deter so-called Texas two-step Chapter 11s, a controversial maneuver companies have used to address mass tort liabilities in bankruptcy.

Wilmington Trust, a subsidiary of M&T Bank that served as custodian to subprime auto lender Tricolor Holdings trusts, has defended its bid to transfer a suit accusing it of failing to help prevent Tricolor's c... (more story)

A New Jersey federal judge delayed Oxycontin maker Purdue Pharma's criminal sentencing by a week, saying rescheduling would give an in-person attendance option to hundreds of observers who tuned in virtually Tuesday.

Sullivan & Cromwell LLP told a New York bankruptcy judge Saturday that an emergency motion it filed in Prince Global Holdings Ltd.'s Chapter 15 case contained several inaccurate citations and other errors, inc... (more story)

A Texas bankruptcy judge Wednesday signed off on the Chapter 11 liquidation plan of Cajun food chain Razzoo's, months after the debtor sold its assets for more than $18 million to a Dallas-based restaurant developer.

A New York bankruptcy judge on Wednesday overruled creditor objections to approve a settlement between Vanderbilt Minerals and its parent company to pave the way for an asset sale in the former talc miner's Chapter 11 case.

A Texas bankruptcy judge on Wednesday agreed to put on hold a lawsuit in California federal court alleging Jackson Walker LLP and executives at Sorrento Therapeutics and M3 Partners conspired to forum shop in ... (more story)

A Delaware bankruptcy judge Wednesday declined to override SilverRock Development's Chapter 11 timeline but cautioned that secured creditors' persistent concerns about a proposal to divvy up property sale proc... (more story)

A Sixth Circuit panel sharply questioned both sides Wednesday over when, if ever, Parliament-Funkadelic co-founder George Clinton clearly rejected a decades-old royalty deal with the band's former keyboardist,... (more story)

The U.S. government reached a settlement in federal court with a Floridian who invoked Bahamian law to avoid repatriating trust funds that had resulted in a $28 million tax bill.

The Chapter 11 trustee guiding the bankruptcy of whiskey company Kentucky Owl LLC asked a Texas bankruptcy judge to let her hire a broker to help sell the inventory belonging to the affiliate of Stoli Group USA LLC.

The condo association of a Manhattan hotel and residential tower can stay in Subchapter V bankruptcy for now, after a New York bankruptcy judge requested additional briefing and ordered the debtor to restore p... (more story)

A Pennsylvania state court has booted Beasley Allen Law Firm attorneys from representing consumers in nine cases that link Johnson & Johnson's talcum powder to ovarian cancer, saying their pro hac vice admissi... (more story)

The state court-appointed receiver of conspiracy theorist Alex Jones' Infowars media business has reached an agreement to license its trademark and domain name to The Onion, as the satirical news outlet seeks ... (more story)