A group of insurance carriers that issued coverage to Avon has asked the Delaware bankruptcy court to dismiss or convert the cosmetics company's Chapter 11 case, arguing the debtor filed its petition in "bad f... (more story)

Bankruptcy is a BigLaw menu item staple, with most large law firms having practice groups dedicated to in-court and out-of-court restructurings. But that wasn't always the case.

LifeScan Global Corp., a company that makes blood glucose monitoring devices, has filed for Chapter 11 protection in Texas bankruptcy court with $1.7 billion of debt and a plan supported by its private equity ... (more story)

A group of judges and bankruptcy experts told a congressional panel Tuesday that a reset is needed for the eligibility cap for Subchapter V bankruptcies and the standards for discharging student loan debt.

A New York bankruptcy judge said Tuesday that he would try to reach a decision quickly on cryptocurrency exchange Gemini's motion to enforce a settlement it reached last year with bankrupt former cryptocurrenc... (more story)

Lowenstein Sandler LLP announced this week that a New Jersey bankruptcy partner who helped build the practice group into a nationwide force in sexual abuse-related bankruptcies will serve as co-chair.

Bankrupt solar panel giant Sunnova has asked a Texas bankruptcy court for permission to pay up to $7 million in cash incentives to its top executives, contingent on securing higher sale proceeds than its stalk... (more story)

Reed Smith has asked the Second Circuit to again step in and block new owners of reorganized Greece-based international shipping company Eletson from viewing communications between the firm and the company's p... (more story)

Insolvent trucking company Yellow Corp. has urged the Delaware bankruptcy court to approve $6.85 million worth of trucking terminal sales, as the debtor works to craft a new Chapter 11 plan and distribute its ... (more story)

Steward Health, a former multistate hospital operator, urged a Texas bankruptcy judge Monday to confirm its Chapter 11 liquidation plan despite objections to how it tallied votes and its plans to pay administr... (more story)

A Texas bankruptcy judge gave Scanrock Oil & Gas permission Wednesday to send its Chapter 11 plan out for a creditor vote after the hydrocarbon driller answered objections by giving royalty owners a claim on p... (more story)

Casino and hotel operator Maverick Gaming has put together a team of attorneys from Hunton Andrews Kurth LLP and Latham & Watkins LLP to see it through Chapter 11 as the company plans a sale of its assets.

A company that runs casinos and other gambling venues in three states received a Texas bankruptcy judge's permission Tuesday to make an initial draw of $8.5 million from a Chapter 11 financing package its exis... (more story)

Heritage Coal, together with its former owner and general manager, has agreed to dismiss a lawsuit it brought against them in Delaware bankruptcy court to try to invalidate liens the ex-executives put on its assets.

The estate of One Table Restaurant Brands LLC, the former operator of casual restaurant chain Tender Greens and Mexican eatery Tocaya, defended its bid to dismiss its Chapter 11 case after the U.S. Trustee's O... (more story)

Resort developer SilverRock has asked the Delaware bankruptcy court for permission to hold an auction for its real estate assets in Southern California to see if the company could fetch a better offer through ... (more story)

Sustainability-focused financial services company Aspiration Partners Inc. asked a Delaware bankruptcy judge to convert its insolvency case to a Chapter 7, saying it has sold off its assets, doesn't have the f... (more story)

Maverick Gaming LLC, which operates casinos and hotels in Nevada, Colorado and Washington, filed for bankruptcy relief Monday in Texas with more than $100 million in liabilities and a $22.5 million Chapter 11 ... (more story)

The U.S. Trustee's Office objected late Thursday to the retention of Cullen and Dykman LLP as counsel for bankrupt government information technology contractor Sysorex Government Services Inc. in the company's... (more story)

A Floridian who owes the federal government nearly $28 million, plus penalties and interest, must repatriate funds held in two Bahamian trusts kept in his name and that of his children, the government told a F... (more story)