A Manhattan federal judge on Tuesday ordered Celsius Network's co-founder to pay $10 million to the U.S. Federal Trade Commission to settle litigation saying he misrepresented the cryptocurrency lender's pract... (more story)

Biotechnology venture capital fund Apple Tree Life Sciences told a Delaware bankruptcy judge on Tuesday that Quinn Emanuel Urquhart & Sullivan LLP should be approved as debtor's counsel in the company's Chapte... (more story)

OxyContin maker Purdue Pharma LP has to pay a $3.5 billion fine and forfeit an additional $2 billion, more than five years after it pled guilty to criminal charges related to its role in the opioid crisis, a N... (more story)

A Delaware bankruptcy judge said Tuesday he would issue a decision shortly on whether Atlantic Specialty Insurance Co. is liable for not contributing to a reclamation fund created as part of the Chapter 11 pla... (more story)

Delaware's Court of Chancery has added a former attorney for the U.S. Trustee's Office to serve as a magistrate judge to adjudicate corporate dissolutions, wind-downs and other matters.

A Texas bankruptcy judge Tuesday gave interim approval to Wiser Solutions Inc.'s $34.2 million debtor-in-possession loan, freeing up $4.2 million in new funds as the retail data software company eyes a June Ch... (more story)

Reed Smith LLP and two of its partners are facing a $262 million lawsuit in a long-running and bitter dispute over ownership of an international gas shipping company, as well as other issues that remain unreso... (more story)

Lawyers for the litigation administrator tapped under Celsius Network's Chapter 11 plan told a New York bankruptcy judge Monday that they plan to try mediation next month in a lawsuit accusing the defunct cryp... (more story)

Wiser Solutions, a software company that collects data from retailers, has filed for Chapter 11 protection in Texas bankruptcy court with about $563 million in debt and plans to sell its business to its main lender.

The Third Circuit on Monday upheld its decision that Whittaker Clark & Daniels was authorized to file for Chapter 11 and certain claims against the defunct talc supplier's corporate successor belong to the deb... (more story)

A panel of the Fourth Circuit upheld the rejection of a North Carolina resident's Chapter 13 plan, saying Tuesday the plan complied with the letter of the Bankruptcy Code but was not an "honest effort" to pay his debts.

A Delaware bankruptcy judge on Tuesday allowed bankrupt home lending broker Impac Mortgage to continue to control the sale of its stock after hearing that millions of dollars in transactions took place despite... (more story)

Miyoshi America Inc., a supplier of cosmetics ingredients, filed for bankruptcy protection in Texas on Monday with a preapproved Chapter 11 plan aimed at putting to rest asbestos-related personal injury litiga... (more story)

A Delaware judge Tuesday agreed to convert the bankruptcy of charity financial technology group Flipcause to a Chapter 7 liquidation after its Chapter 11 trustee sold its assets and reached a settlement with creditors.

FreshRealm Inc., the exclusive meal supplier for Blue Apron, has filed for Chapter 11 in New Jersey, with plans to divest its Blue Apron contract and sell the rest of its business after it took a hit from list... (more story)

Saint Augustine's University, one of the nation's oldest historically Black colleges and universities, has filed for Chapter 11 protection in North Carolina bankruptcy court with up to $100 million in liabilit... (more story)

A landlord of a bankrupt wind farm pile-maker has lodged an objection to the debtor's proposed Chapter 11 financing, arguing it was insider financing that would improperly roll up unsecured debt.

Bankrupt home lending broker Impac Mortgage Holdings Inc. received emergency approval on Monday to restrict trading of its stock in order to protect as much as $1.4 billion in tax attributes, which are its mos... (more story)

A Texas bankruptcy judge declined to order an immediate conversion of the Chapter 11 cases of two debtors that mine and process sand for fracking, but said she would wait to rule on bidding procedures and addi... (more story)

Wren US Holdings Inc., a kitchen design firm based in the northeastern United States, has filed for Chapter 7 liquidation in Delaware, citing between $100 million and $500 million each of assets and liabilities.