Inspired Healthcare Capital, a private equity firm focused on senior living facilities, has notified a Texas bankruptcy court it has received bids worth more than $252 million to serve as the baseline for an u... (more story)

A federal bankruptcy judge has recommended approval of nine settlements regarding legal fees paid to Jackson Walker LLP connected to a former firm partner's romantic relationship with a then-bankruptcy judge, ... (more story)

A Texas bankruptcy judge Friday gave investment platform Linqto permission to transfer its Chapter 11 loan to a customer recovery fund and pay off the balance with securities.

Nearly nine months after placing its U.S. affiliate into Chapter 11, Brazilian waste management and oilfield emergency response conglomerate Ambipar Group is asking a Texas bankruptcy judge to extend U.S. reco... (more story)

Bradley Arant Boult Cummings LLP has added an Arnall Golden Gregory LLP partner in its Atlanta office, strengthening its bankruptcy and creditors' rights practice with an attorney who brings more than 25 years... (more story)

A Fifth Circuit panel pressed an entity related to Highland Capital to explain why a fraudulent transfer claim against Highland's former CEO should stand following a separate consent judgment, asking when the ... (more story)

DAMIS Holdings won permission from a New Jersey bankruptcy judge Thursday to extend the use of its cash for another two weeks, after the debtors wrested control of the initially chaotic Chapter 11 case and as ... (more story)

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 Rhode Island jail operator with a contract to hold federal immigration detainees has filed for Chapter 11 protection in Rhode Island bankruptcy court with an agreement on a restructuring plan to end years of... (more story)

Rapper 50 Cent urged a Georgia federal court to toss a former assistant's suit alleging she was fired and repeatedly harassed because she refused to falsely accuse his bodyguard of theft, arguing his Texas res... (more story)

An Alabama federal court has tossed a False Claims Act lawsuit against orthopedic implant maker Exactech, after the parties reached an $8 million settlement last year in the company's bankruptcy.

A Connecticut federal judge clarified that her recent ruling putting a hold on $57.4 million in clawback litigation from the Chapter 7 trustee of pump manufacturer The Nash Engineering Co. does not apply to ei... (more story)

The Chapter 7 trustee of bankrupt government contractor Team Systems International on Friday outlined his fraud allegations against the company's former leadership during closing arguments in a $14 million cla... (more story)

Some stockholders of AI-powered staffing firm Joonko Diversity have urged a Delaware bankruptcy court to order the company's insolvency plan administrator to provide full access to an unsealed version of a rep... (more story)

Privately-owned telecommunications company SiFi Networks America LLC can access $3.4 million in Chapter 11 financing from its prepetition lender and stalking horse bidder, a Delaware bankruptcy judge has determined.

A sushi restaurant and others urged a New Jersey federal court Thursday to dismiss seven claims accusing them of shifting assets to frustrate a server's wage suit, saying the allegations rely on family ties, t... (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 have 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 bankrup... (more story)