A one-time Jackson Walker LLP sought to exit a lawsuit asserting she, a former Texas bankruptcy judge and law firms fomented "mass corruption," textile developer Lycra confirmed its restructuring plan, and a p... (more story)

The Delaware Chancery Court this past week handled a varied mix of settlement approvals, political office disputes, transaction fights, emergency injunction bids and questions over how far the court can go to ... (more story)

Insurers could face challenges in gathering data under new regulation that will require them to document how they would leave the market in an orderly way, a trade body said Monday.

A Texas federal judge on Friday probed whether assets belonging to Infowars operator Free Speech Systems LLC are part of Alex Jones' bankruptcy estate, a finding that could block the families of victims of the... (more story)

Bankrupt wind turbine blade maker TPI Composites Inc. filed a motion in support of its Chapter 11 plan of liquidation late on Thursday, saying its proposal is in the best interests of all stakeholders ahead of... (more story)

A California bankruptcy judge on Friday approved the Roman Catholic Diocese of Oakland's request to solicit votes on a Chapter 11 plan that would set up a $180 million trust fund to compensate abuse claimants.

The Roman Catholic Diocese of Buffalo, New York, has asked for a bankruptcy court's permission to accept a $4.6 million offer for its headquarters, after its stalking horse bidder was outbid.

The former CEO of Texas financial services firm Beneficient was convicted by a Manhattan federal jury on Thursday of securities fraud and other charges connected with a scheme to fraudulently loot more than $1... (more story)

The bankrupt Norwich Roman Catholic Diocesan Corp. has reached a settlement with its insurer in a Connecticut state court lawsuit alleging the insurer improperly bailed on defense coverage for a sexual abuse c... (more story)

An attorney for Nielsen urged a Second Circuit panel Thursday to undo an order, which is currently stayed, effectively blocking it from conditioning media company Cumulus' access to national radio ratings data... (more story)

A Pennsylvania-based gun building kit retailer and a connected gun show operator have filed Chapter 7 papers in Pennsylvania, in the wake of litigation looking to hold the business on the hook for violence com... (more story)

The Cannabist Co. Holdings Inc. received Chapter 15 recognition from a Delaware bankruptcy judge of its Canadian insolvency proceeding after reserving the rights of a secured creditor who had argued the procee... (more story)

Prison healthcare company YesCare has filed for Chapter 11 protection, citing "extraordinary financial and operational burden imposed by extensive litigation" from incarcerated tort claimants.

A New York City condominium board that's connected to a Midtown Manhattan hotel and a 57-unit condominium building told a New York federal bankruptcy court to not dismiss its Chapter 11 bankruptcy case, arguin... (more story)

A Texas bankruptcy judge Friday approved $11 million in additional Chapter 11 financing for urgent care facility operator Carbon Health Technologies as talks continue between parties in the case.

Parker Group Inc., a Valar Ventures-backed digital banking service for online businesses, has filed for Chapter 7 in Delaware bankruptcy court with $50 million to $100 million each in assets and liabilities.

A New Jersey federal judge closed the books on a years-long severance dispute between A360 Media LLC, Bauer Media Group USA LLC and a former executive, after entering a sealed opinion and order terminating the case.

A New York bankruptcy judge Thursday told former talc miner Vanderbilt Minerals it can accept a $64 million bid for its mines and said she will give interim approval for $15 million in new Chapter 11 financing from the buyer.

A Delaware bankruptcy judge on Thursday signed off on a request by US Magnesium's unsecured creditors to solicit votes on a Chapter 11 liquidation plan, months after the defunct mineral supplier sold most of i... (more story)

Mexico-based marine oil rig service company DEMAR Instaladora y Constructora SA de CV has asked a Texas bankruptcy court to recognize its Mexican bankruptcy proceeding, saying that it spiraled financially afte... (more story)