A founder seeking over $100 million in a malpractice case against Simpson Thacher & Bartlett endured a withering cross-examination Monday over his companies' money flows and an auditor's refusal to certify the... (more story)

A Delaware bankruptcy judge Monday confirmed health insurance brokerage GoHealth's Chapter 11 plan, allowing the debtor to refinance $762 million in debt and transfer equity to its lenders, six weeks after the... (more story)

German research institute Fraunhofer-Gesellschaft has urged the Federal Circuit to revive its patent suit against SiriusXM, saying a lower court made various errors when deciding that the satellite radio giant... (more story)

A New York bankruptcy judge Monday approved the nearly $702 million sale of mattress company Sleep Number to a Canadian bedding retailer, following an agreement to postpone potential future severance payments ... (more story)

Jackson Walker LLP and the U.S. Trustee's Office, grappling with the aftermath of a romantic relationship between one of the firm's former partners and a then-bankruptcy judge, will not be able to delay pretri... (more story)

Home shopping network QVC secured approval for its Chapter 11 plan, Weil Gotshal & Manges LLP announced its choice for the new role of global restructuring chair, and watch designer and manufacturer E. Gluck o... (more story)

The North Carolina-based energy efficiency aggregator American Efficient LLC has filed for bankruptcy, listing between $1 billion and $10 billion of estimated liabilities on its petition, three months after be... (more story)

The Federal Deposit Insurance Corp. argued during closing arguments in a trial in California federal court that Silicon Valley Bank's 2023 failure was due to excessive financial risk and mismanagement, while S... (more story)

Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney reactions to the structural issues at the old Pfizer building in New York, a Big Law partner's view... (more story)

U.S. District Judge Jed S. Rakoff has entered an opinion explaining why he tossed an investor suit last month accusing JPMorgan, Barclays and Fifth Third of facilitating a fraudulent scheme by bankrupt subprim... (more story)

A team of Troutman Pepper Locke LLP and Partridge Snow & Hahn LLP attorneys is leading a Rhode Island jail operator with a contract to hold federal immigration detainees through Chapter 11.

New York luxury property broker Ilan Bracha is under contract to buy a Manhattan mixed-use building in a bankruptcy for at least $8.6 million, after the death of a property owner in 2024 triggered a foreclosur... (more story)

Alea Holdings US Co., a unit of Bermuda-based insurance group Catalina Holdings, has filed for Chapter 11 protection in a Texas bankruptcy court with roughly $280 million in funded debt, saying it plans to use... (more story)

A Federal Court judge has set aside statutory demands issued by investment firm RH Capital seeking repayment of $23 million owed by two 3D printing companies in receivership, calling the decision to serve the ... (more story)

Summer camp holding company SIMAD has asked a New Jersey bankruptcy judge to sign off on new stalking horse offers totaling over $30 million to set the floor for a Chapter 11 auction of two of its New York summer camps.

The U.S. Trustee's Office has urged a Texas bankruptcy judge to reject MMA Law Firm's Chapter 11 liquidation plan, arguing that it improperly seeks to extend bankruptcy protections to nondebtor individuals, in... (more story)

The Third Circuit ruled Friday that the bankrupt city of Chester, Pennsylvania, gets to keep income from a casino, a trash incinerator and other sources that secured its debt, finding that its creditors' liens... (more story)

The Seventh Circuit has admonished but declined to sanction an attorney for a brief that included what a judge called "an astonishing number of erroneous and even hallucinated citations."

A Texas bankruptcy judge on Friday conditionally approved Dallas hospital White Rock Medical Center LLC's disclosure statement for its Chapter 11 plan, after a consensus was reached among key creditor constitu... (more story)

A Delaware bankruptcy judge has granted the wind-down entity for golf course design group Nicklaus Cos. permission to seek creditors' votes on its Chapter 11 restructuring plan.