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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.
A New York bankruptcy judge has allowed an $18.9 million claim against Tribeca Mews over construction problems at a troubled Manhattan condominium project, raising questions about the developer's ability to reorganize under Chapter 11.
The corporate parent of Florida's high-speed rail system Brightline filed for Chapter 11 to rework its debt. A real estate data and artificial intelligence firm sought bankruptcy protections to stave off a foreclosure. A longtime Sonoma Valley vineyard filed for Chapter 11, and more.
Two insurers must provide coverage to the Federal Deposit Insurance Corp., as receiver for Silicon Valley Bank, for the bank's claim for losses from a $73 million fraud scheme, a North Carolina federal judge r... (more story)
Brazilian construction conglomerate Andrade Gutierrez Engenharia is asking a New York bankruptcy judge for U.S. recognition of a recently approved plan to restructure nearly $555 million in debt issued during ... (more story)
Archer & Greiner PC has a new leader for its Delaware office, as a partner who handles business reorganization and restructuring matters takes over as the firm's managing partner in Wilmington on Thursday.
President Donald Trump announced Thursday that he's nominating Todd Butler, a managing partner at Phelps Dunbar LLP, to serve as a judge on the Fifth Circuit.
Talc claimants in Barretts Minerals Inc.'s bankruptcy have urged the Fifth Circuit to stop a planned trial in Texas federal district court on whether talc sold by Barretts contained cancer-causing asbestos, sa... (more story)
Blank Rome LLP on Wednesday filed a limited objection to LIV Golf's motion to reject its sublease at an office building in West Palm Beach, Florida, saying it didn't receive any advance notice and would like u... (more story)
A New York federal judge has cut down the majority of claims that defunct cryptocurrency platform Celsius Network LLC's litigation agent brought against blockchain analysis company Chainalysis Inc., leaving on... (more story)
A New York bankruptcy judge signed off Wednesday on a deal between Spirit Airlines and a unit of Lufthansa Group, ending disputes over aircraft parts, a Spirit-owned engine and a tariff payment made by the debtor.
Pool supplier Leslie's Inc. filed for Chapter 11 protection in Texas bankruptcy court Wednesday, saying it has the agreement of the majority of its lenders on a $685 million debt-for-equity restructuring plan.
The U.S. Department of Justice told the D.C. Circuit the Kennedy Center's donors will flee if his name isn't put back on the building, arguing in its opening brief to the appeals court that the institution fac... (more story)
West Virginia coal plant Omnis Pleasants LLC has hired Kirkland & Ellis LLP in its contentious Delaware Chapter 11 after Herbert Smith Freehills Kramer LLP's previous work for key creditors disqualified it as debtors counsel.
The former CEO of social media site Parler made his final argument Wednesday that he was wrongly stripped of a stake worth up to $100 million, with his lawyer telling a Nevada jury a valuation finding the enti... (more story)
A Missouri federal judge on Tuesday denied California's bid to undo the $305 million bankruptcy sale of 23andMe over concerns that the sale sidestepped state consumer data protections, ruling that the state la... (more story)
A Massachusetts hospital asked a federal court to declare that a Service Employees International Union local cannot arbitrate its class action grievance alleging the hospital failed to correct violations of a ... (more story)
A Florida federal bankruptcy judge on Wednesday approved a settlement between a lawyer and Cigna in a Chapter 7 lawsuit, resolving a $21 million claim the health insurer once disputed as nondischargeable for o... (more story)
Telecommunications company SiFi Networks America LLC on Wednesday received confirmation from a Delaware bankruptcy judge of its Chapter 11 liquidation plan, which the creditors committee backed and didn't rece... (more story)
The owner of defunct boat and water sports dealer Tommy's Boats sued the company's former attorneys from Miller Johnson Snell & Cummiskey in Michigan state court, accusing them of failing to ensure its supplie... (more story)
Cryptocurrency miner Poolin Technology told a New Jersey bankruptcy judge Tuesday it would hold a new auction for its assets after the stalking horse bidder and other losing bidders objected to how the previou... (more story)
Bankrupt specialty medical company Global Wound Care Medical Group objected to a bid by a creditor of one of its creditors to intervene in its Chapter 11 case.
A Texas bankruptcy judge Tuesday approved drive-thru chain Salad and Go's request to sell 73 of its leases to coffee chain 7 Brew for $143 million, clearing the way for a resolution to the case that could see ... (more story)
William Wright
The New York City Bar Association’s recent ethics opinion, cautioning attorneys not to record nonclient conversati... (more story)
Keyonn Pope
As a child, I viewed bid whist as a family tradition and a source of friendly card game competition, but as a lawy... (more story)
Joshua Wurtzel
California’s first-in-the-nation act regulating how attorneys and arbitrators use generative artificial intelligen... (more story)