March 26, 2026
Investment firm Jump Trading and its co-founder moved for dismissal of a lawsuit from the administrator for bankrupt cryptocurrency company Terraform Labs. A New Mexico industrial building owner is appealing a New York bankruptcy judge's approval of a disclosure statement from a secured creditor. And the new owner of fundraising technology company Flipcause sought to reassure nonprofits that it would run the platform differently than its previous operator.
March 11, 2026
The troubled tale of New Jersey-based apartment building owner CBRM Realty Inc. has taken another turn as White & Case LLP objected to a move by the debtor's wind-down officer to resign.
March 05, 2026
Asbestos claimants asked the Fourth Circuit to rethink protecting a bankruptcy stay even though the debtor isn't insolvent. Creditors objected to final Chapter 11 financing approval for Inspired Healthcare Capital. And a New York appellate court rejected a bid to reargue document releases in insurance litigation related to a Catholic parish's bankruptcy.
October 31, 2025
A New Jersey bankruptcy judge agreed Friday to dismiss the Chapter 11 proceedings for entities connected to troubled real estate group CBRM Realty Inc., diffusing creditors' efforts to have the cases thrown out as bad-faith filings.
October 16, 2025
The prepetition lenders to bankrupt affiliates of troubled real estate firm CBRM Realty Inc. have asked a New Jersey bankruptcy court to dismiss the Chapter 11, saying that the real goal of the case is to "vault certain stakeholders ahead of prepetition lenders in a misguided sale process," not reorganization.
September 04, 2025
A New Jersey federal judge said Thursday he will approve a Chapter 11 plan for a troubled real estate investment firm that includes selling an affordable housing complex in Pittsburgh and creating a litigation trust to recover hundreds of millions allegedly stolen by the company's now-imprisoned founder.