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Genesis Healthcare is seeking a preliminary injunction against a former executive, Lugano Diamonds hopes to confirm its Chapter 11 liquidation plan, and former talc supplier Whittaker Clark & Daniels is trying to get approval of its environmental settlement.
A golf merchandise and course design company founded by legend Jack Nicklaus will ask a Delaware bankruptcy judge to approve its proposed Chapter 11 plan that would liquidate its remaining assets to repay creditors. Here's a look at the liquidating plan it is hoping to get confirmed.
Project disruptions, payment delays and rising operating costs following the COVID-19 pandemic put significant pressure on liquidity and working capital, leading New Jersey-based marine services provider Atlantic Subsea Inc. to file for Chapter 11 bankruptcy.
A company that uses artificial intelligence to explore new uses for existing drugs entered bankruptcy in Delaware with over $104 million in debt and a stalking horse bidder.
A Texas bankruptcy judge on Friday agreed to confirm energy group GoldenPeaks Poland's Chapter 11 plan, which will see it liquidate after an asset sale to its largest creditor, Brookfield Asset Management Ltd., closes.
The U.S. Trustee's Office has objected to the Chapter 11 plan and disclosure statement of specialty materials maker Alkegen, telling a Texas bankruptcy court that the plan includes impermissible opt-out, third... (more story)
A Missouri bankruptcy judge ruled Thursday he would split a process for dealing with data breach claims brought by the state of California against 23andMe into two stages, saying he would first decide whether ... (more story)
DAMIS Holdings LLC, the bankrupt real estate holding company tied to a summer camp empire at the center of a complex Chapter 11 proceeding, will have a three-member official committee of unsecured creditors, a... (more story)
Womble Bond Dickinson announced Thursday it has added an attorney from Raines Feldman Littrell LLP in its Delaware office to bolster its finance, bankruptcy and restructuring group.
Schenck Price Smith & King LLP has announced that a veteran commercial litigator has come aboard the firm's Florham Park, New Jersey, office as a partner from Bertone Piccini LLP.
The litigation trustee for the Chapter 11 estate of insurance software firm Ebix Inc. received more time to make distributions to unsecured creditors, a Texas bankruptcy judge said Thursday.
Florida-based The Villages Health System has agreed to shell out more than $541.5 million to resolve allegations it violated the False Claims Act by submitting false diagnosis codes to get more money from Medi... (more story)
Automotive technology group OPmobility has asked a Delaware bankruptcy judge to block its former CEO from working for Marelli Corp., a bankrupt competitor that is working to exit Chapter 11, saying the appoint... (more story)
Reorganized debtor US Magnesium has objected to the final fee application of its investment banker in Delaware bankruptcy court, saying the adviser miscalculated the fees it is owed by including transaction fe... (more story)
A Texas bankruptcy judge on Friday greenlighted property developer Lurin Real Estate Holdings' sale of two apartment complexes in Florida for a combined $42.2 million.
A Texas bankruptcy judge on Thursday signed off on Houston-based senior living community The Buckingham's Chapter 11 plan, overruling unsecured creditors' objections to legal releases and exculpations.
Former stockholders of the special purpose acquisition company that took electric vehicle manufacturer Lion Electric public have agreed to a $4 million cash settlement with seven individuals who served as Nort... (more story)
A Texas bankruptcy judge on Thursday gave drive-thru chain Salad and Go permission to take out replacement Chapter 11 financing on new terms and put about 130 leases up for auction, including 65 originally sla... (more story)
Canadian government services software company Thentia Global Systems Inc. is asking a Delaware bankruptcy judge to recognize an asset sale already approved by a Canadian bankruptcy court — which would see buye... (more story)
The U.S. Trustee's Office is objecting to two Houston-area apartment complexes' requests to pay pre-and post-bankruptcy petition employee wages, saying the owner-operators have not secured permission to use ca... (more story)
Faegre Drinker Biddle & Reath LLP this week pressed its bid to strike expert witnesses proffered by a real estate investor claiming the firm gave bad advice about a deal to buy an A&P shopping center, saying i... (more story)
A bankruptcy judge said he would give interim approval to Galindo Law Firm's package of first-day motions Wednesday, allowing it to use cash on hand to fund operations, after the Texas mass tort firm resolved ... (more story)
A fast-cash funder has sued the now-bankrupt brothers who ran their summer camp empire into the dirt for guaranteeing nearly $6.4 million of loans earlier this year, alleging they were already insolvent and ha... (more story)
Amy Denton Mayer
Taekwondo has taught me to recognize when to fight for a position and when to focus on finding a solution, and tha... (more story)
Buvini Kularatne, Ian Bambrick and Jeanine Leahy
After New Fortress Energy recently became the third Nasdaq-listed company to successfully undertake an English res... (more story)
Christopher Caplinger
As rising costs put increased pressure on restaurants, as evidenced by recent bankruptcy filings by Popeyes, Farme... (more story)