Lenders to Serta Simmons Bedding presented closing arguments in Texas bankruptcy court Wednesday in a trial over damages that investors excluded from the mattress maker's 2020 "uptier" deal say they should be ... (more story)

Ice Miller LLP announced Wednesday that it hired a five-attorney bankruptcy and restructuring team from Potter Anderson & Corroon LLP to help expand its recently opened office in Wilmington, Delaware.

Ashurst LLP has announced the addition of a four-partner team in New York to expand its finance and restructuring capacities ahead of a proposed merger with Perkins Coie LLP.

Lender-on-lender brawling that normally occurs out of court is increasingly unfolding in the Chapter 11 financing arena, forcing bankruptcy judges to reckon with in-court deals that use aggressive liability ma... (more story)

The foreign representative for Cannabist Company Holdings Inc., a purveyor of cannabis products, asked a Delaware bankruptcy judge Wednesday to recognize the company's Canadian insolvency in U.S. courts as it ... (more story)

Satellite operator Inmarsat has objected to a bid by bankrupt telecom company Ligado Networks LLC to delay a $100 million payment to Inmarsat, saying the pledged payment is unconditional.

A Delaware federal judge on Tuesday said German research institute Fraunhofer-Gesellschaft's delay in bringing a patent suit against SiriusXM was fatal to its claims, after the Federal Circuit previously said ... (more story)

A Texas bankruptcy judge Tuesday gave Genesis Healthcare permission to pay up to $7.3 million in bonuses to executives and other employees, agreeing with the nursing home chain that the workers are needed to k... (more story)

Beasley Allen urged the New Jersey Supreme Court to hear its appeal of a lower court's decision to disqualify it from representing plaintiffs in multicounty litigation over Johnson & Johnson's talc-based baby ... (more story)

First Brands has asked a Texas bankruptcy judge to let the auto parts supplier wind down some of its remaining businesses, including several brake components brands and its Autolite spark plug unit.

Microbiome treatment developer Finch Therapeutics told a Delaware bankruptcy judge Wednesday that its lack of income or ability to collect on a patent judgment justified its Chapter 11 filing despite a lack of secured debts.

A Delaware bankruptcy judge on Wednesday said he would approve Alaska-based airline operator Float Alaska's request for permission to sell aircraft, spare parts and an affiliate for more than $20 million.

A Delaware bankruptcy judge on Tuesday delayed a fight over the conversion of government contractor Team Systems International's bankruptcy case until July so it can be heard alongside a fraudulent transfer tr... (more story)

The U.S. Supreme Court heard arguments Tuesday over whether the Fifth Circuit erred in letting judicial estoppel bar a Chapter 13 debtor from pursuing tort litigation after failing to disclose the claim to a b... (more story)

The Fourth Circuit on Tuesday affirmed a jury verdict finding a Chinese pool parts company liable for falsely advertising its products as made in the USA as part of a larger judgment favoring a North Carolina ... (more story)

A bankrupt resort residence complex on the Caribbean island and British Overseas Territory of Anguilla asked a Delaware judge to approve a settlement with various parties including a family who alleged their c... (more story)

The Fourth Circuit has declined to revive a debtor's lawsuit claiming his mortgage servicers violated bankruptcy protections, finding that none of the monthly account statements, payoff statements and tax stat... (more story)

A hotel north of New York City that had agreed to provide long-term shelter for asylum-seekers, and was subsequently sued by a municipality for doing so, has filed for Chapter 11 protection, listing between $1... (more story)

Controversy over whiskey company Uncle Nearest Inc.'s Chapter 11 continued Friday, as the debtor's counsel from the case appealed a judge's ruling that dismissed the bankruptcy as filed without legitimate authority.

A Floridian facing a $28 million tax bill cannot invoke Bahamian law to avoid repatriating funds held in two Bahamian trusts, the U.S. government told a federal court, contending he is "cherry-picking" which j... (more story)