Bankrupt specialty medical practice Global Wound Care has agreed to pay up to $525 million to the federal government to resolve False Claims Act claims with a price tag of $1.5 billion, part of a settlement it... (more story)

Cumulus Media says it's going to be irreparably harmed if the Second Circuit doesn't lift the administrative stay it put in place stopping a preliminary injunction that Nielsen is challenging for the second ti... (more story)

The board of trustees of The John F. Kennedy Center for the Performing Arts intends to vote Tuesday on a pair of resolutions that say the facility is facing bankruptcy "within weeks" without fundraising effort... (more story)

A Texas bankruptcy judge Monday agreed to temporarily halt litigation and discovery in the Chapter 11 cases of Dish DBS and affiliate Dish Wireless after hearing parties wanted a two-week-long breather for negotiations.

The trustee for the abuse claims settlement trust of the Archdiocese of New Orleans wants to compel the church to disclose the names of the members of the internal review board advising it on matters of sexual... (more story)

The litigation administrator for defunct cryptocurrency group Celsius has sued BitMEX in New York bankruptcy court, accusing the digital asset derivative trading platform of manipulating the crypto market and ... (more story)

A Delaware bankruptcy judge Monday outlined the path ahead toward considering whether mobile gaming company Papaya Gaming Inc. should receive Chapter 15 recognition for its insolvency proceeding in Israel.

The city of Detroit and its firefighters union have defeated the remaining claims of two firefighters who challenged their treatment after returning from disability retirement, with a Michigan state appeals co... (more story)

An attorney who built her debt finance practice for more than 26 years at Goodwin Procter LLP has recently joined Foley Hoag LLP's Boston office, where she has been selected to co-lead the firm's debt finance team.

Carlton Fields has urged a Florida federal court to adopt a magistrate judge's recommendation that the firm be allowed to intervene in a dispute involving its charging lien for unpaid legal fees in a $500 mill... (more story)

Former talc miner Vanderbilt Minerals told a New York bankruptcy judge on Monday that it intends to file an amended Chapter 11 plan this week and to seek approval to solicit votes from creditors at a hearing i... (more story)

Twenty investment funds sued digital manufacturing company Nano Dimension Ltd. and another entity, alleging the two committed fraud when Nano merged with 3D printing defense contractor Desktop Metal and pushed... (more story)

Former deputy FBI director Dan Bongino testified Friday that he was not privy to decisions leading to social media company Parler's 2021 ouster of its CEO, but he was pressed over having seen a draft of the do... (more story)

BurgerFi International Inc.'s liquidating trustee has sued former company brass and financial advisers, alleging they pushed through the $161 million acquisition of Anthony's Coal Fired Pizza that immediately ... (more story)

Herbert Smith Freehills Kramer LLP's previous work for key creditors disqualifies it from representing West Virginia coal plant operator Omnis Pleasants in its Chapter 11 proceeding, a Delaware bankruptcy judge ruled Friday.

The former CEO of bankrupt artificial intelligence-powered staffing firm Joonko Diversity on Friday entered a guilty plea to charges that she defrauded investors out of $27 million using forged financial docum... (more story)

Wildlife adventure group The Dolphin Co. can seek creditors' votes on its Chapter 11 liquidation and wind-down plan as it looks to end an eventful bankruptcy in Delaware.

The past week in London has seen Pogust Goodhead embroiled in a legal dispute with claimants in the Mariana dam litigation, and be sued by a barrister who represented it during the case, and Mexican broadcaste... (more story)

The Chapter 7 trustee representing bankrupt firm Kossoff PLLC on Wednesday sued JPMorgan Chase Bank NA, claiming the bank helped the firm's principal steal at least $18.5 million from clients, and it "should b... (more story)

The U.S. Trustee's Office has asked a New York bankruptcy judge to name a Chapter 11 trustee to oversee the insolvency proceeding of an organization that owns a mixed-use building in Manhattan's SoHo neighborh... (more story)