The Delaware Supreme Court on Friday reversed a Chancery Court ruling that had allowed Johnson & Johnson, Dow Chemical and other major asbestos defendants to pursue a novel effort to stop bankruptcy trusts fro... (more story)

A legacy unit of defunct tire maker Uniroyal filed for Chapter 11 protection on Friday in New Jersey to address 35,000 asbestos injury claims and hand over administration of ongoing retiree benefit programs.

The D.C. Circuit on Friday upheld a U.S. Senate committee's criminal and civil contempt finding against former Steward Health Care System LLC Chief Executive Ralph de la Torre after he refused to appear before... (more story)

The $5.5 billion global deal over talc ovarian cancer allows women to move past recent court setbacks requiring them to provide experts who can show a causal link between their disease and use of talc, and for... (more story)

A senior secured lender asked a Delaware bankruptcy judge to bar YSA Investments 1 LLC from using rents generated by an Oklahoma apartment property, alleging the debtor took control of the property after recor... (more story)

An individual has asked a Delaware bankruptcy judge to reinstate his direct abuse claim against the Boy Scouts' settlement trust, asserting that Ahrens Law APC failed to file certain documents on time and sayi... (more story)

A Texas bankruptcy judge Friday sent nursing home firm Genesis Healthcare's Chapter 11 liquidation plan out for a creditor vote, overriding contentions that Genesis had not provided enough information on a not... (more story)

Insolvent solar panel installation company Freedom Forever told a Delaware bankruptcy court Friday it will seek conversion of its Chapter 11 case to a Chapter 7 liquidation and terminate most of its employees,... (more story)

AFSA will focus on investigating the "systemic misuse" of personal insolvency proposals and predatory debt agreements, with CEO Tim Beresford saying these are the greatest threats to the insolvency system's in... (more story)

The Federal Communications Commission is not pleased that EchoStar is trying to convince a bankruptcy court to let it use a trust fund created to pay contractors to build its now-abandoned 5G network to instea... (more story)

The Seventh Circuit upheld the dismissal of a woman's Fair Credit Reporting Act lawsuit against Experian, finding the credit agency would have needed to make a legal analysis to determine a mortgage claim on h... (more story)

A rival hotel booking website dropped its case in Washington federal court accusing Expedia of driving it out of business by using its control over Trivago to change the price comparison site's auction process... (more story)

Bankrupt battery recycler Ascend Elements has secured court approval for a $7.5 million settlement with the U.S. Department of Energy,

A Delaware vice chancellor has dismissed, with prejudice, a stockholder lawsuit seeking to block new "highly dilutive" borrowing from the top lenders and shareholders of international student loan provider MPo... (more story)

A Texas federal judge has ordered the appointment of a Chapter 11 trustee to clean up "weeks of chaos" in the bankruptcy case of Louis Investments, a real estate management company that borrowed a 7,000% inter... (more story)

A Florida executive who once tried to buy England's Everton soccer club on Thursday denied new charges accusing him of engaging in a $500 million fraud on lenders, before the judge hearing his case declined to... (more story)

An attorney who is an expert in private investment in public equity transactions told a Florida jury hearing a malpractice case against Simpson Thacher & Bartlett LLP on Thursday that companies that enter into... (more story)

Robert Drain, the former Southern District of New York bankruptcy judge who oversaw Purdue Pharma's Chapter 11 case, will serve as a senior adviser and head of fiduciary services at M3 Partners, the restructur... (more story)

Bankrupt prison healthcare company YesCare will have a Chapter 11 trustee take over administration of its insolvency case after a Florida judge approved a deal with the official committee of unsecured creditors Thursday.

A Delaware bankruptcy judge signed off on Omnis Pleasants LLC's package of first day motions Wednesday, rejecting calls by the West Virginia power plant's parent company to toss the Chapter 11 as a bad faith filing.