A Florida businessman who claims that he owns the Miss America pageant and his attorney were ordered Monday to pay $2.2 million in sanctions for submitting fraudulent documents in a $500 million dispute over o... (more story)

A New Jersey bankruptcy judge on Monday agreed to give bankrupt summer camp and real estate company SIMAD Holdings Ltd. interim permission to use cash collateral, which the debtor said it needed to keep its ca... (more story)

At the Delaware Chancery Court, a trial over World Wrestling Entertainment Inc.'s $21.4 billion merger with Ultimate Fighting Championship's parent company has been canceled, and a Reddit investor has filed a ... (more story)

The Federal Circuit on Monday upheld a Delaware federal court's decision that deemed invalid a Purdue Pharma patent covering an abuse-deterrent version of the opioid OxyContin, rebuffing the company's argument... (more story)

Car parts maker First Brands Group on Monday touted a new Chapter 11 plan in Texas bankruptcy court about two weeks after a judge denied its bid to take votes on its previous effort, saying the new version giv... (more story)

Latham & Watkins LLP announced Monday that it has fortified its litigation presence in Texas and nationally with an Austin, Texas-based partner who arrived from Kirkland & Ellis LLP.

Counsel for automobile parts maker Marelli Corp. on Monday told a Delaware bankruptcy judge it is looking to have a reorganization plan on file by Aug. 1, after the judge gave it the go-ahead to tap into an ad... (more story)

FTX founder Sam Bankman-Fried, who is currently serving a 25-year prison sentence, has asked President Donald Trump to pardon him for defrauding customers who placed billions of dollars with the fallen cryptoc... (more story)

Health insurance broker GoHealth has filed for Chapter 11 protection in Delaware with $772 million in debt and a prepack equity-swap plan, saying medical costs are outpacing government reimbursement and that i... (more story)

A pair of unions representing former Spirit Airlines employees Friday tore into the bankrupt airline's request to pay executives incentives to keep them on while the carrier winds down its operations, saying t... (more story)

The plan administration trust created under the Chapter 11 plan of DNA-testing company 23andMe told a Missouri bankruptcy judge Monday that a state court lawsuit brought by the California attorney general over... (more story)

A real estate investment firm has claimed in Colorado state court that a Denver developer lied numerous times to refinance on three occasions a promissory note governing the development of a residential lot on... (more story)

A medical professional liability insurer will pay its $1 million policy limit toward a $13 million verdict against a Washington state doctor in a botched cosmetic surgery case, a federal judge has ruled.

Wind farm pile-maker EEW American Offshore Structures Inc. asked a New Jersey bankruptcy judge to approve a nearly $13 million settlement the debtor struck with a landlord, saying the deal clears up litigation... (more story)

Pennsylvania window company Graboyes LLC has filed a Chapter 11 petition citing more than $10 million in liabilities, including $2.1 million in disputed loans and an $876,000 "note payable" to the Internationa... (more story)

Simply Interior Homes, which makes home textiles and decor, filed for Chapter 11 protection Monday in Delaware bankruptcy court with at least $100 million in debt and a plan to sell its business.

Texas' bankrupt former hospital owner Sherman/Grayson Hospital LLC said that professional fees have been paid, monthly operating reports filed and other steps taken that should prevent its Chapter 11 case from... (more story)

The U.S. Trustee's Office has objected to rent-to-own company FlexShopper's Chapter 11 plan in Delaware bankruptcy court, arguing that the debtor's proposal contains third-party releases that violate a 2024 U.... (more story)

The former parent company of the now-bankrupt Santa Barbara News-Press, the newspaper's former owner, and related entities must pay $3.6 million in back pay in a long-standing labor dispute with the Teamsters ... (more story)

King & Spalding LLP announced Thursday that it has hired two former Proskauer Rose LLP attorneys, one of whom co-led their prior firm's global finance and corporate and fund finance teams.