Retail chain Big Lots and its unsecured creditors committee have asked the Delaware bankruptcy court to approve a $6.5 million settlement of claims alleging the company's board bungled a going-concern sale las... (more story)

A Michigan bankruptcy judge has hit Recovery Law Group, a national consumer bankruptcy law firm, with a fine of about $392,000 and a three-year ban on bringing insolvency cases in the Eastern District of Michi... (more story)

The recovery trust created by the Chapter 11 plan of cryptocurrency exchange FTX told a Delaware judge late Thursday that the bankruptcy court has jurisdiction over Binance and its founder in a $1.76 billion c... (more story)

A California bankruptcy judge gave Rizo-Lopez Foods initial permission Friday to draw on Chapter 11 financing provided by brothers who own the business, allowing its cheesemaking operations to continue as the ... (more story)

A holding company linked to Lehman Brothers' post-2008 era restructuring professional defaulted on a commercial loan secured by a large office building and now owes a reinsurer about $19.5 million, according t... (more story)

A Texas bankruptcy judge has signed off on a series of settlements worth $2.6 million to resolve claims brought by bankrupt MMA Law that other law firms and parties were holding back money it was owed for repr... (more story)

Polsinelli PC has expanded its bankruptcy team in New York with the addition of an attorney from ArentFox Schiff LLP.

A New Jersey bankruptcy judge on Friday approved drugstore chain Rite Aid's bid to take votes on a Chapter 11 plan as the debtor weighs whether to complete a deal with McKesson Corp. or formally seek to dismis... (more story)

Counsel for Prospect Medical Holdings on Thursday told a Texas bankruptcy judge that talks to establish a procedure for handling tort claims in the hospital operator's Chapter 11 case have deadlocked, and it's... (more story)

Lawyers for Sapien Group, a shareholder that has taken an active role in investment platform Linqto's Chapter 11 in Texas, have asked to withdraw from the case — saying their client has not paid outstanding legal bills.

Shipping company Eletson Holdings Inc. told a New York federal court that an appeal regarding its access to emails must be shut down, because the entity that initiated the appeal doesn't exist.

Insolvent luxury tile supplier Mosaic Cos. has informed the Delaware bankruptcy court that the debtor reached a settlement with its creditors committee and a secured lender that secures their support of a Chap... (more story)

The U.S. Trustee's Office is asking a New York bankruptcy court to dismiss two cases connected to celebrity plastic surgeon Michael E. Jones, arguing the debtors have yet to file several required documents.

A party planning to make a bid for the assets of bankrupt casino operator Maverick Gaming has objected to the debtor's bidding procedures, saying it has not provided necessary due diligence material to the pro... (more story)

The liquidation trustee for bankrupt medical staffing company American Physician Partners has told a Delaware bankruptcy judge that former top executives drained the company with millions in unauthorized bonus... (more story)

Delaware firm Morris James LLP on Thursday celebrated its move to a new headquarters in a 12-story building in north Wilmington, a relocation that firm leaders said is aimed at best meeting attorney and client... (more story)

A Delaware state court found that Frontier Communications was entitled to a defense against copyright infringement claims, a split Ninth Circuit panel backed certification denial for a proposed class of Progre... (more story)

The Chapter 11 plan administrator for shuttered discount retailer Stage Stores has asked a Texas bankruptcy court to approve a settlement that would allow a $1.5 million priority unsecured claim and resolve la... (more story)

The trustee of bankrupt "anti-woke" financial technology startup GloriFi on Wednesday launched malpractice litigation against Winston & Strawn LLP in Texas bankruptcy court, accusing the firm and one of its ma... (more story)

Insurers for Frontier Communications had a duty to defend the telecommunications company against copyright infringement claims that were ultimately settled, a Delaware state court ruled in a recently unsealed ... (more story)