Jackson Walker said this week that the U.S. Department of Justice's bankruptcy watchdog is beyond the bounds of its authority in a yearslong effort to force the firm to return millions of dollars in legal fees... (more story)

A trustee overseeing the bankruptcy of exiled Chinese businessperson Miles Guo has told the Connecticut bankruptcy court he agreed to settle a dispute with the U.S. government over the treatment of more than $... (more story)

Plastics maker Trinseo on Wednesday closed a trial in Texas bankruptcy court on its bid to trim about $2 billion in debt in Chapter 11, contesting an objecting creditor's claims that its prebankruptcy refinanc... (more story)

The union representing Spirit Aviation's flight attendants has asked a New York bankruptcy judge to reject the bankrupt airline's request to sell its internal data to Google for artificial intelligence trainin... (more story)

Former FTX and Alameda Research executives Caroline Ellison and Gary Wang have agreed to trading and registration bans, but will not face financial penalties, as part of deals with the U.S. Commodity Futures T... (more story)

Hunton Andrews Kurth LLP announced Wednesday that it has boosted its national restructuring and bankruptcy practice with a Dallas-based partner who came aboard from Allen Overy Shearman Sterling.

The U.S. Securities and Exchange Commission on Tuesday sued the founder of bankrupt subprime auto lender Tricolor Holdings and two of its executives, accusing them of double pledging collateral and misrepresen... (more story)

Michael Shabsels, one of the brothers who were in charge of a summer camp and real estate empire before it crashed in June, has two weeks to file financial information in his own Chapter 11 case or else face c... (more story)

The litigation trust created after Franchise Group Inc.'s bankruptcy on Tuesday sued the company's former CEO, advisers and others in the Delaware Chancery Court, accusing them of carrying out a fraudulent tak... (more story)

A Texas bankruptcy judge agreed on Tuesday to approve bidding procedures for defunct drive-thru chain Salad and Go to hold Chapter 11 auctions in early October for some 82 leases in four states.

A New York bankruptcy judge had to weigh the acumen of a sports media impresario against the benefits of an independent administrator for the business he placed into Chapter 11, before concluding it was best f... (more story)

The owner of an Oklahoma apartment complex asked a bankruptcy judge on Tuesday to appoint a Chapter 11 trustee in the insolvency case of YSA Investments 1 LLC, saying ongoing litigation and questions about the... (more story)

Education technology firm Conscious Content asked a Delaware bankruptcy judge Wednesday to let it take out $3 million in new Chapter 11 financing, telling the court the company needs the additional cash while ... (more story)

A major U.S. distributor of horticultural and agricultural supplies, BFG Supply Co. LLC, filed for Chapter 11 bankruptcy protection in Delaware, reporting between $100 million and $500 million in both assets a... (more story)

A New Jersey federal judge on Tuesday denied Coinbase's latest bid to escape a proposed class action accusing it of misleading investors about risks tied to regulatory action and potential bankruptcy, ruling t... (more story)

The Delaware bankruptcy court has thrown out claims from American Physician Partners' liquidating trustee alleging the company's former chief financial officer breached fiduciary duties by taking a bonus and o... (more story)

Sandy Hook Elementary School massacre victims' families have asked the Texas Supreme Court to dissolve an appeals court order blocking a receiver from deploying the assets of Alex Jones' Free Speech Systems LL... (more story)

MMA Law Firm has urged the Fifth Circuit to vacate a Texas federal district court ruling against it, arguing the district court did not have jurisdiction to hear an appeal of a bankruptcy court's decision to g... (more story)

A New Jersey bankruptcy judge on Tuesday approved a deal between the Roman Catholic Diocese of Camden, New Jersey, and a group of its insurers to create a $180 million fund to pay sexual abuse claims against the diocese.

Omnis Pleasants' parent company formally moved for dismissal of the West Virginia coal plant's Chapter 11 proceeding in Delaware, alleging the case was launched to gain an advantage in pending governance litig... (more story)