The AI-powered health tech firm Survey Health wants out of its involuntary bankruptcy petition, saying the case was concocted by a backstabbing co-founder. Reed Smith LLP is arguing it should not have to turn over its client files for the former management of Eletson Holdings Inc. to new management. And Spirit Airlines' former workers continue to hold firm against the company's plans to sell a trove of operational data to Google.
A group of attorneys from Willkie Farr & Gallagher LLP is representing the official committee of unsecured creditors of Latvian carrier airBaltic, as the company seeks to maintain its operations while pursuing a balance sheet restructuring by next June.
Filings for Chapter 7 protection jumped 15.7% year over year and outpaced other types of bankruptcy filings in the first half of 2026, reflecting increased financial stress in spite of an ostensibly prosperous economy, according to new data released by G2 Risk Solutions.