Bankrupt government defense contractor Noble Supply & Logistics LLC reached a short-term deal with the Defense Logistics Agency on Wednesday in Delaware court that will allow for the agency to make contractual... (more story)

The U.S. Trustee's Office appointed seven members to the official committee of unsecured creditors in the Chapter 11 case of defense contractor Noble Supply & Logistics on Wednesday.

A Nielsen Co. attorney on Wednesday blasted a federal judge's order that he said dictated the terms of the company's sale of nationwide radio ratings to Cumulus Media, telling a Second Circuit panel that the n... (more story)

A New York bankruptcy judge has ordered Reed Smith LLP and financial advisers to turn over records from Eletson Holdings Inc.'s Chapter 11 case to the reorganized shipping group and its new owners, finding the... (more story)

The unsecured creditors committee in the Chapter 11 case of Barretts Minerals has accused the former talc supplier's parent of not delivering on its promises to fund the proceeding, asserting that this has lef... (more story)

A D.C. federal judge rejected the Kennedy Center's latest effort to put President Donald Trump's name on the building's facade Tuesday, saying yet again that the performing arts center's board can't memorializ... (more story)

Chubb, Liberty Mutual and Lloyd's of London units and other insurers can't get off the hook for covering the remainder of third-party payor opioid lawsuits against Endo International, a representative for a tr... (more story)

Hughes Satellite Inc. asked a Texas bankruptcy judge to strike a noteholder group's motion to terminate its exclusive right to file a Chapter 11 plan, arguing that the group violated the Bankruptcy Code by pub... (more story)

A New York bankruptcy judge Tuesday gave Latvian carrier airBaltic permission to draw on nearly $162 million in Chapter 11 financing, overruling the objections of bondholders who argued they were facing loss o... (more story)

A Texas bankruptcy judge on Tuesday agreed to approve a settlement valued at $581 million between nursing home operator Genesis Healthcare and its creditors, allowing the debtor to clear another hurdle on its ... (more story)

A Texas bankruptcy judge Wednesday confirmed the Chapter 11 liquidation plan of one of the debtors in the bankruptcy of real estate company Lurin LLC after it completed a sale, and conditionally approved the d... (more story)

The IRS appropriately assessed a penalty of almost $4.4 million against an Illinois man the agency said was a tax shelter organizer, the U.S. Tax Court ruled Wednesday, rejecting his claim that the assessment ... (more story)

Several insurers and major retailers objected to the Chapter 11 plan proposed by private-label dry bath products maker Vi-Jon, arguing that it would impermissibly assign away insurance rights and leaves retail... (more story)

A New York bankruptcy judge has granted permission to the owner of a century-old mansion that operates as a hotel and event venue on Long Island to hold an auction for the property in late October and seek the... (more story)

Ashurst Perkins Coie pocketed millions of dollars in legal fees by providing services to clients it knew were operating a Ponzi scheme that ultimately swindled investors out of nearly $230 million, plaintiffs ... (more story)

Soda ash mining business Searles Valley Minerals received court approval Tuesday for a going-concern sale of its assets in Delaware bankruptcy court, following more than a week of negotiations with stakeholders.

Before it can make final distributions to unsecured creditors and close up shop, the trustee liquidating the bankruptcy estate of New York & Co.'s former corporate parent has to collect more than $5 million of... (more story)

The foreign representative for lumber and forestry products producer Teal Jones Holdings Ltd. asked the Delaware bankruptcy judge in its Chapter 15 case to sign off on an order and $4.75 million sale the repre... (more story)

An intermediate insurance holding company based in the Cayman Islands filed for Chapter 15 protection in New York late Monday to preserve its American assets for the benefit of its creditors.

A New Jersey bankruptcy judge appeared skeptical Tuesday that the bankrupt COVID-19 testing arm of ProPhase Labs could move forward with its current Chapter 11 plan, delaying a disclosure statement hearing by ... (more story)