The former CEO of bankrupt mattress company Sleep Number Corp. will be permitted to submit a bid to acquire the assets of the business after entering the process at the eleventh hour Thursday.

Levona Holdings has urged a New York federal judge to order Reed Smith LLP and Greenberg Traurig LLP to turn over privilege logs in discovery related to the company's motion for sanctions, saying there are "re... (more story)

A Texas bankruptcy judge said Wednesday creditors of EchoStar Corp.'s bankrupt video distribution and wireless network units should be able to conduct discovery of the debtors before they seek approval of Chap... (more story)

A Texas bankruptcy judge Wednesday considered whether reorganized healthcare transportation group ModivCare's failure to set up a professional fee escrow and delays in moving funds to a court-controlled accoun... (more story)

The onetime CEO of Lugano Diamonds and the U.S. Trustee's Office have both taken shots at the jewelry house's Chapter 11 plan disclosure, with the former executive alleging it was "misleading" and the bankrupt... (more story)

Creditors that were excluded from Serta Simmons' so-called uptier debt restructuring are entitled to $261 million in damages plus interest, a Texas bankruptcy court has found, ruling against lenders that parti... (more story)

Sheppard announced Wednesday that the firm has added an experienced intellectual property attorney focused on life sciences as a San Diego area-based partner, a day after announcing the addition of two Chicago... (more story)

The Second Circuit on Tuesday found that a late investor in defunct retailer Bed Bath & Beyond can keep the profits from its sale of the company's stock, rejecting claims that a contractual cap on the investor... (more story)

A Texas bankruptcy judge on Tuesday authorized the Chapter 7 trustee for former subprime auto lender TriColor, which collapsed amid fraud allegations, to retain law firm Reid Collins & Tsai LLP as special litigation counsel.

A New York bankruptcy judge tossed a former Celsius Network LLC executive's lawsuit that blamed alleged oversight issues at the crypto platform on three other executives, finding that his claims belonged to Ce... (more story)

An attorney named in a business owner's sprawling racketeering suit against his former business partner and numerous alleged co-conspirators has asked a California federal judge to throw out the claims, arguin... (more story)

A dozen states objected to Freedom Forever's settlement with one of its key financing partners, telling a Delaware judge they were concerned about the deal's impacts on customer contracts with the bankrupt sol... (more story)

The buyer of Long Island nursing home operator Cold Spring Acquisition LLC urged a New York bankruptcy court Thursday to delay the effective date of a potential Chapter 7 conversion order for three weeks, seek... (more story)

New York City nightclub Balcon Salon and its lender have agreed to enter mediation, the debtor's attorney told a bankruptcy judge Thursday.

Citadel Securities has agreed to drop its New York trade secrets lawsuit targeting a Swiss cryptocurrency trading firm launched by two ex-employees in order to focus on enforcing a roughly £6 million ($8 milli... (more story)

A North Carolina bankruptcy administrator is seeking sanctions against a Georgia "short sale" real estate dealer, claiming he filed bankruptcy papers "riddled" with lies as part of an attempt to sell a home on... (more story)

A Texas bankruptcy judge on Wednesday signed off on bio-based chemical technology company Viridis Chemical LLC's Chapter 11 liquidation plan, more than a month after the debtor sold most of its assets.

A Texas bankruptcy judge Wednesday gave bankrupt cryptocurrency kiosk operator Bitcoin Depot permission to sell more than $1.4 million in assets to the winners of an auction held last week.

A Missouri bankruptcy judge entered an order Tuesday authorizing a $46.7 million settlement between the plan administration trust created under the Chapter 11 plan of DNA-testing company 23andMe and data breac... (more story)

Pryor Cashman LLP said Tuesday it has continued growing its litigation group with a longtime Simpson Thacher & Bartlett LLP lawyer, who has represented "some of the most prominent names in private equity and f... (more story)