A farming operation sought Chapter 15 recognition of its Canadian insolvency, a software company entered Chapter 11 with plans to sell its business to a lender, and a kitchen design firm began a Chapter 7 liquidation.

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)

The U.S. Supreme Court on Monday declined to review the conviction of Live Well Financial founder Michael Hild for inducing lenders to extend credit by jacking up bond valuations to increase its debt and borrow against it.

Catch up on this past week's key developments by state from Law360 Real Estate Authority — including an alluring source of capital for real estate investment trusts, how competition for skilled workers may ham... (more story)

Spirit Aviation's current and former top executives have urged a Florida federal court to toss a proposed shareholder class action that accuses them of misleading investors about the company's prospects amid t... (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.

Attorneys from McCarter & English LLP, Womble Bond Dickinson and Georgiou Partnership LLP who represent a U.S.-based swimming pool parts manufacturer won an additional $1.3 million in attorney fees for their e... (more story)

U.S. District Judge Jed Rakoff has tossed securities fraud claims against cryptocurrency exchange Coinbase brought by investors in a digital asset that tracked the native token of the now-failed Terraform bloc... (more story)

A Ninth Circuit panel declined Friday to resurrect a Washington developer's lawsuit accusing Whatcom County officials of violating its constitutional rights by scaling back a housing development plan, concludi... (more story)

A trio of professional firms that advised oil service company Nine Energy in its speedy Texas Chapter 11 defended fee applications seeking a total of $5.7 million, saying a creditor's objections are too genera... (more story)

Fox Rothschild LLP gained a former longtime Riker Danzig LLP partner in its financial restructuring and bankruptcy department with experience in complex restructurings, corporate trust matters and more, the fi... (more story)

A London judge ruled Friday that a former director and co-founder of a video production company breached his duties to it by diverting business and misusing company information to run a competitor.