The U.S. Supreme Court declined on Monday to review a woman's challenge against the Internal Revenue Service over the period in which the agency can assess taxes on a taxpayer when a fraudulent third party tri... (more story)

The chief legal officer of Georgia-Pacific spinoff Bestwall admitted Thursday that the company is exploring more bankruptcy filings, but denied the contention by asbestos claimants waiting on settlements that ... (more story)

Attorneys for two trusts established under Steward Health Care's Chapter 11 plan told a Texas bankruptcy judge on Thursday that the trusts have brought in $58.4 million and reduced claims by $10 billion as the... (more story)

A Texas bankruptcy judge has signed off on plastics- and latex-maker Trinseo PLC's package of second-day Chapter 11 motions, allowing access to its full debtor-in-possession funding as the company pursues a $2... (more story)

A group of minority lenders to Del Monte failed to persuade a New Jersey bankruptcy judge on Thursday to stay an adversary proceeding centered on the canned food company's Chapter 11 financing, one month after... (more story)

The FTX Recovery Trust received approval Thursday from a Delaware bankruptcy court to reduce the funds in a disputed claims reserve by $600 million after the trust processed thousands of claims that were eithe... (more story)

A New York federal judge Wednesday refused to throw out an indictment accusing crypto lobbyist Michelle Bond of campaign finance crimes, rejecting her argument that prosecutors previously promised her husband,... (more story)

A New York judge Wednesday declined to permanently bar former majority owners of Eletson Gas from attempting to exercise control over the company or interfering with new leadership, finding the request goes be... (more story)

SIMAD Holdings Ltd. won court permission on Wednesday to use some of its available $15.6 million of cash on hand as it races to open the 30 children's summer camps it owns for the season, after a freefall bank... (more story)

A Texas bankruptcy judge granted a preliminary injunction on Wednesday that will require the escrow of $18 million in inventory sale proceeds in a lien superiority dispute among lenders in the First Brands Chapter 11 case.

The Chapter 7 trustee of government contractor Team Systems has asked a Delaware bankruptcy judge to issue sanctions and a default judgment in his favor, as he pursues an adversary case against the company's f... (more story)

A Connecticut federal judge Monday agreed to lift the automatic stay that has stalled an asbestos indemnification lawsuit since October 2021, granting a joint motion from the bankrupt Nash Engineering Co.'s Ch... (more story)

A team of attorneys from Goodwin Procter LLP and Potter Anderson & Corroon LLP are leading home decor and textile company Simply Interior through its Chapter 11 case.

A Texas bankruptcy judge Monday approved natural gas compressor company Axip's Chapter 11 plan, allowing the debtor to wind down its remaining assets after selling most of the business earlier this year.

A Popeyes franchisee inched closer to selling dozens of restaurants in its Florida Chapter 11 following last-minute tweaks to a proposed order after objections from several companies raised questions on whethe... (more story)

The former CEO of marine park company Dolphin Co. has asked the Delaware Bankruptcy Court to either dismiss the Chapter 11 case of Leisure Investments Holdings LLC or halt parts of the proceedings, arguing tha... (more story)

Insurance underwriter Hallmark Financial Services told a Texas bankruptcy judge Thursday it plans to secure confirmation of its prepackaged Chapter 11 plan by the end of August, and that the ball was already r... (more story)

Defunct food distributor Harvest Sherwood secured a Texas bankruptcy judge's approval on Wednesday to take on $150 million in new Chapter 11 financing and set up bidding procedures for its exit funding, defeat... (more story)

The Third Circuit has agreed to a two-month postponement of oral arguments in Venezuela's challenge of a Delaware judge's order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars ... (more story)

The owner of a mixed-use building in Manhattan's SoHo neighborhood hopes to soon be able to seek votes on its Chapter 11 restructuring plan, which will transfer title of the property to the debtor's senior lender.