A prison healthcare company filed for Chapter 11 in light of up to $400 million in litigation liabilities, a Mexico-based marine oil rig service company sought U.S. recognition of a foreign insolvency and a Ca... (more story)

A New York bankruptcy judge Monday blocked a South Carolina state court evidentiary hearing in two personal injury lawsuits against Asbestos Corp. Ltd., finding the automatic stay of the company's bankruptcy c... (more story)

A Texas bankruptcy judge said Monday he would approve luxury retailer Saks Global's request to sell and assign another eight leases for $5.5 million in Chapter 11, days after the company struck a settlement wi... (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)

Radio station operator Spanish Broadcasting System Inc. filed for Chapter 11 protection Monday in Delaware bankruptcy court with a plan to hand control of the company to its noteholders and trim $240 million in debt.

A Texas bankruptcy judge on Monday agreed to grant a stay to a Mexico-based marine oil rig service company, freezing two pending lawsuits against its U.S. assets until a Chapter 15 recognition hearing next month.

A California federal judge Monday tossed a proposed class action accusing beauty technology firm Cutera and its executives of misleading investors about its acne treatment launch and financial results, finding... (more story)

A Delaware bankruptcy judge said Monday he will send the Chapter 11 case of student housing owner Element Student Living to California because that is where the debtor's sole asset is located, finding there ar... (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.