May 29, 2025
A creditors committee objected to Party City's liquidator, Gordon Brothers, being classified as an estate professional entitled to funds in the retailer's bankruptcy. Blue Cross Blue Shield of Massachusetts challenged Steward Health Care's Chapter 11 liquidation plan, and the debtor proposed a revised plan featuring a settlement. And customer loyalty company Kognitiv moved to dismiss its Chapter 11 case, saying it has nothing left to sell.
May 27, 2025
The U.S. Trustee's Office is asking a Texas bankruptcy judge to convert Steward Health Care's Chapter 11 case to a court-supervised Chapter 7 liquidation, saying the hospital chain cannot pay the bills it has run up during its bankruptcy.
May 16, 2025
Hospital chain Steward Health Care was in a Texas bankruptcy court Friday in a fight with Massachusetts and Florida healthcare providers over more than $34 million Steward claims is part of its bankruptcy estate.
May 15, 2025
Warner Bros. asked a Delaware bankruptcy judge in Village Roadshow's Chapter 11 case to allow arbitration over profits tied to "The Matrix" films to continue. Rap artist Curtis "50 Cent" Jackson III asked to reopen his Connecticut bankruptcy, saying his confirmed Chapter 11 plan discharged a personal injury claim filed against him in New York. And the Second Circuit deployed the chief bankruptcy judge of the Eastern District of New York to help mediate adversary proceedings in Chinese exile Miles Guo's Chapter 11 case.
April 30, 2025
Hospital chain Steward Health is preparing to wrap up its decade and a half in existence, saying it has reached a deal with its lenders that allowed it to file a wind-down plan with a Texas bankruptcy court that will let it pursue potential claims against former management.
March 27, 2025
Troubled hospital operator Steward Health battled against a group of healthcare providers in a Texas bankruptcy court Wednesday and Thursday for control of a pair of delayed compensation trusts worth $60 million, arguing over whether the plans are protected by the Employee Retirement Income Security Act.
March 07, 2025
A Texas bankruptcy judge Friday gave Steward Health Care the go-ahead to turn over responsibility for transition services for the dozens of hospitals it has sold during its Chapter 11 case to another hospital chain.
March 06, 2025
A technology company that was contracted by Steward Health to help transition its former facilities to new management accused the troubled hospital system Thursday of trying to palm off its duty to pay the vendor and others for services provided during the debtor's bankruptcy case by selling their service agreements to a third party.
February 24, 2025
The buyer of eight Steward Health Care hospitals said the bankrupt company is putting patients' lives at risk by failing to provide funds and services it promised, urging a Texas federal judge to compel Steward to comply with contracts it signed as part of its hospital sales.
February 19, 2025
Hospital operator Steward Healthcare cleared up the only objection to hiring a second law firm in its Texas Chapter 11, striking an agreement with the Office of the U.S. Trustee to limit services it plans to seek from Latham & Watkins LLP after two of its bankruptcy attorneys joined the firm last year.