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May 21, 2026
Warrior Technologies, a company that provides oilfield and trucking services, filed for Chapter 11 protection in Texas bankruptcy court on Thursday with about $38 million in secured debt, blaming its distress on a rise in fuel and insurance costs.
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May 21, 2026
Furniture retailer American Signature Inc. has secured a Delaware bankruptcy judge's approval for the $7.2 million sale of its federal tariff refund claims, covering about 77% of tariffs it paid that were struck down by the U.S. Supreme Court.
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May 20, 2026
Two former executives of bankrupt telecommunications company DZS Inc. have reached a $2.9 million deal to resolve proposed class action claims the company concealed "egregious accounting misconduct," hurting investors after revelations about its accounting practices tanked its share price.
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May 20, 2026
Cryptocurrency platform BlockFills has asked a Delaware bankruptcy judge not to appoint an examiner and Chapter 11 trustee in its case, arguing the private equity firm that requested the examiner did not raise any significant enough issue in the proceeding.
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May 20, 2026
A Florida federal bankruptcy judge approved performance-based bonuses to a group of workers of a Popeyes Louisiana Kitchen franchise operator, saying the program is key to maximizing the value of the debtor ahead of a Chapter 11 sale.
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May 20, 2026
The U.S. Trustee's Office asked a Texas bankruptcy judge to withhold approval of home shopping company QVC's Chapter 11 plan, saying its method for establishing creditor buy-in for releases is inappropriate.
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May 20, 2026
A Texas bankruptcy judge said Wednesday he would call an evidentiary hearing on White & Case's motion to hold Modivcare in contempt connected to a Chapter 11 fee dispute, after the firm accused the reorganized medical transportation group of taking $3.5 million of what should have been escrowed funds out of an account.
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May 19, 2026
A man who found himself on the wrong side of a more than $15 million default judgment for pirating movies through his virtual private network provider and then filed for bankruptcy urged a Florida federal court to continue its stay on enforcing the judgment.
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May 19, 2026
PHL Variable Insurance Co. life insurance policyholders on Tuesday accused Connecticut's interim insurance commissioner of bankrolling the struggling insurer's rehabilitation by receiving millions without guaranteeing at least some payout, urging a state appeals court to reverse a trial judge's conclusion that premiums are not "debts."
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May 19, 2026
A coalition of 24 attorneys general and two governors are challenging a rule recently promulgated by the U.S. Department of Education, alleging in a complaint in Maryland federal court Tuesday that it unlawfully limits access to federal student loans for those pursuing professional degree programs.
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May 19, 2026
Counsel for cryptocurrency automatic teller machine Bitcoin Depot told a Texas bankruptcy judge Tuesday that regulatory pressure and self-imposed anti-fraud measures caused a sharp drop in revenue that sent the company into Chapter 11.
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May 19, 2026
A Delaware bankruptcy judge Tuesday agreed to confirm the Chapter 11 liquidation plan for e-commerce group Food52, trimming a few features of the plan including releases for the debtor and the creditors committee.
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May 19, 2026
A Delaware bankruptcy judge on Tuesday said she would grant boating supply business West Marine Inc. a range of first day relief on an interim basis as it gets underway in its voyage through Chapter 11, including permission to use its cash collateral and to pay employees and vendors.
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May 18, 2026
Nikola Corp. founder Trevor Milton "has not paid a dime" of his $2.5 million share of an eight-figure settlement resolving shareholder litigation over a fraud-shadowed special purpose acquisition company merger, the bankrupt electric vehicle company's trustee claims, asking the Delaware Chancery Court to hold the billionaire in contempt.
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May 18, 2026
Freight services company STG on Monday secured a New Jersey bankruptcy judge's approval of a Chapter 11 plan that will let the debtor cut more than $1 billion in liabilities, weeks after STG resolved major litigation launched by its lenders.
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May 18, 2026
The IRS can slap a tax assessment against a taxpayer without time constraints when a return is fraudulent, even if a third-party preparer was the scammer, the agency told the U.S. Supreme Court in opposing a woman's petition for relief from what she alleges was her accountant's deception.
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May 18, 2026
Dechert LLP announced Monday that it has added another attorney from McDermott Will & Schulte to its Dallas office, this time bringing on an attorney who will bolster its capacity to handle transactional matters.
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May 18, 2026
Del Monte Foods received confirmation of its Chapter 11 wind-down plan on Monday after a New Jersey bankruptcy judge overruled an objection from a group of minority lenders.
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May 18, 2026
Bitcoin Depot, a nationwide operator of bitcoin automatic teller machines, filed for Chapter 11 protection in a Texas bankruptcy court with nearly $27 million in debt and plans to wind down and sell its assets, blaming increasingly stringent regulation and enforcement.
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May 18, 2026
Boating supply retailer West Marine commenced a Chapter 11 case in Delaware to deal with almost $550 million in debt after reaching a deal on a restructuring support agreement with lenders and equity holders.
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May 15, 2026
A Texas federal judge on Friday dismissed Alex Jones' appeal over whether Infowars operator Free Speech Systems LLC's assets are part of his Chapter 7 estate, a move that continues to allow the families of victims of the Sandy Hook Elementary School shooting to pursue assets through state-court collection efforts that would help satisfy judgments exceeding $1 billion.
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May 15, 2026
The Russian Federation's constitution and statutes make clear that Vladimir Putin's administration and Yukos Oil Co.'s financing arm didn't have a valid agreement to arbitrate a dispute that resulted in a nearly $5 billion arbitral award against the country, Russia told the D.C. Circuit Friday.
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May 15, 2026
The operator of Infowars says bankrupt broadcaster Alex Jones has a legal right to "freely compete" with his former outlet, telling a Texas appeals court the website shut down because a court-appointed receiver failed to pay a third-party streaming service, not because Jones absconded with its property.
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May 15, 2026
The trustee for a group of bankrupt Western Pennsylvania nursing homes says four former Comprehensive Healthcare Management Services executives improperly drained the companies of assets that should have been available to creditors, and asked a federal bankruptcy court to claw some of the money back.
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May 15, 2026
Houston firm MMA Law has filed a Chapter 11 liquidation plan in Texas bankruptcy court, saying it plans to shut down its business and appoint an administrator to prosecute claims against multiple law firms.