The plan administrator trust established under Steward Health Care's Chapter 11 plan has asked a Texas bankruptcy judge to make hospital buyers hand over any payments out of an estimated $22 million the trust ... (more story)

Clifford Chance LLP announced on Monday the hiring of a former Vinson & Elkins LLP attorney as a finance and derivatives partner in its Houston office.

Insurance company Hallmark Financial Services filed for Chapter 11 looking to cut nearly $134 million in debt via a sale or equity swap, an investment management firm specializing in medical spas and medical a... (more story)

The Chapter 11 trustee overseeing the estate of billionaire fraudster Miles Guo is seeking approval of settlements reached in fraudulent transfer suits against insurance companies including Anthem Health Plans... (more story)

A New York bankruptcy judge has overruled most of the objections lodged by a director of Prince Global Holdings to the language of a Chapter 15 recognition order but allowed some changes that would balance the... (more story)

A Texas bankruptcy judge blocked a lawsuit in California federal court alleging Jackson Walker LLP and executives at Sorrento Therapeutics and M3 Partners conspired to forum shop in Texas so the drug developer... (more story)

A Texas bankruptcy judge has rejected reorganized medical transportation group Modivcare Inc.'s request to pause, pending appeal, an order to move funds to a court-controlled account amid a fee dispute in its Chapter 11.

The U.S. Supreme Court declined on Monday to review a woman's challenge against the Internal Revenue Service over the period in which the agency can assess taxes on a taxpayer when a fraudulent third party tri... (more story)

The chief legal officer of Georgia-Pacific spinoff Bestwall admitted Thursday that the company is exploring more bankruptcy filings, but denied the contention by asbestos claimants waiting on settlements that ... (more story)

Attorneys for two trusts established under Steward Health Care's Chapter 11 plan told a Texas bankruptcy judge on Thursday that the trusts have brought in $58.4 million and reduced claims by $10 billion as the... (more story)

Sangamo Therapeutics Inc. filed for bankruptcy protection in Delaware on Tuesday with offers to sell parts of its genetic therapy development programs to Eli Lilly and Co. and Astellas Pharma Inc.

The Internal Revenue Service and Federal Communications Commission have objected to the prepackaged Chapter 11 plan of Spanish Broadcasting System, telling a Delaware court that the plan glosses over priority ... (more story)

The bankruptcy estate trustee for two Colorado residents told a federal court there Monday that a Massachusetts debt-relief company, a loan services company and a bank are illegally operating in the state in v... (more story)

The Chapter 7 trustee of government contractor Team Systems has asked a Delaware bankruptcy judge to issue sanctions and a default judgment in his favor, as he pursues an adversary case against the company's f... (more story)

A Connecticut federal judge Monday agreed to lift the automatic stay that has stalled an asbestos indemnification lawsuit since October 2021, granting a joint motion from the bankrupt Nash Engineering Co.'s Ch... (more story)

A Texas bankruptcy judge Monday approved natural gas compressor company Axip's Chapter 11 plan, allowing the debtor to wind down its remaining assets after selling most of the business earlier this year.

A Popeyes franchisee inched closer to selling dozens of restaurants in its Florida Chapter 11 following last-minute tweaks to a proposed order after objections from several companies raised questions on whethe... (more story)

The former CEO of marine park company Dolphin Co. has asked the Delaware Bankruptcy Court to either dismiss the Chapter 11 case of Leisure Investments Holdings LLC or halt parts of the proceedings, arguing tha... (more story)

Insurance underwriter Hallmark Financial Services told a Texas bankruptcy judge Thursday it plans to secure confirmation of its prepackaged Chapter 11 plan by the end of August, and that the ball was already r... (more story)

SIMAD Holdings Ltd. won court permission on Wednesday to use some of its available $15.6 million of cash on hand as it races to open the 30 children's summer camps it owns for the season, after a freefall bank... (more story)