A Texas bankruptcy judge Wednesday gave pharmacy services provider Omnicare the go-ahead to put itself on the auction block in March, saying it is a reasonable timeframe for the debtor to market its assets.

TPI Composites Inc. said it reached a tentative deal with its senior lender and creditors committee after a Texas bankruptcy judge on Tuesday voiced uncertainty over how the committee's lawsuit challenging an ... (more story)

People at King & Spalding LLP are mourning after an appellate attorney from the firm and a mountain guide fell to their deaths climbing New Zealand's tallest mountain.

A California federal judge has permanently tossed a suit against the Federal Deposit Insurance Corp. brought by liquidators of the Cayman Islands branch of collapsed Silicon Valley Bank, finding they lack stan... (more story)

A New York federal judge has reversed the confirmation of Brazilian airline Gol Linhas Aereas Inteligentes' Chapter 11 plan, ruling that the bankruptcy court improperly found creditor silence on the proposal's... (more story)

At a hearing held Tuesday, a New Jersey bankruptcy judge enthusiastically approved a settlement between Chinese state-owned firm CCA Inc. and a Bahamian resort developer, whose $1.6 billion court win sent CCA into Chapter 11.

The trustee handling Chinese exile Miles Guo's $374 million Chapter 11 estate has asked a Connecticut bankruptcy judge to approve sealed settlements in clawback claims once totaling nearly $4 million against F... (more story)

Bankrupt auto parts maker First Brands Group proposed a process to reconcile its third-party factoring agreements with pending invoices to help resolve a $3 billion question arising from the debtor's prepetition operations.

The liquidators of defunct crypto hedge fund Three Arrows Capital defended their $1.53 billion claim against FTX months after the failed exchange called it "baseless," telling a Delaware bankruptcy judge that ... (more story)

The stalking horse bidder and DIP co-lender for bankrupt nursing home company Genesis Care emerged as the winning bidder in the auction for Genesis' assets with a $40 million cash bid, the debtor has announced.

Bitcoin miner Rhodium Encore has urged a Texas bankruptcy court to confirm its Chapter 11 plan, arguing that despite the often contentious nature of its bankruptcy case, its proposal to pay all creditors has w... (more story)

A longtime Jones Day attorney who helped represent the firm in a suit lodged by two former associates over its parental leave policy has joined Willkie Farr & Gallagher LLP, where he'll co-chair the bankruptcy... (more story)

The plaintiffs in a Florida federal court battle over the ownership of the Miss America pageant have pushed back against a sanctions bid against their attorneys, saying the court should reject it because it's ... (more story)

Genetic testing company 23andMe asked a Missouri bankruptcy judge to approve an agreement it reached with a group of cyber insurers, in which those carriers would buy back the remaining portion of their aggreg... (more story)

The state-appointed receiver for the city of Chester, Pennsylvania, asked the Commonwealth Court on Monday to dissolve and reconstruct the board of directors for its local water authority, arguing a law that l... (more story)

The Delaware Chancery Court has signed off on the framework that will govern how scores of insurers press claims in the liquidation of Scottish Re (U.S.) Inc., issuing an opinion to spell out when courts must ... (more story)

Former DNA testing company 23andMe has urged a Missouri bankruptcy court to resolve a disagreement between the debtor's unsecured creditors and its shareholders over the rules that will govern the postbankrupt... (more story)

Venezuela, the country's state-owned oil company and others have appealed a Delaware federal judge's order approving the $5.89 billion sale of Citgo Petroleum's parent company to an affiliate of hedge fund Ell... (more story)

A dispute over nearly $600,000 in legal fees between Whiteford Taylor & Preston and a former client will be litigated at the state level after a Pennsylvania federal judge on Monday remanded the case to Allegh... (more story)

The Delaware Chancery Court saw a slate of corporate law clashes this past week, from fast-moving injunction fights in consumer product and real estate markets to multibillion-dollar oversight claims against c... (more story)