A Texas bankruptcy judge Thursday approved the sale of Genesis Healthcare's 175 care facilities after being told that the debtor had reached an amended deal with the buyer that will add $15 million in cash to ... (more story)

The U.S. Trustee's Office has called on a New York bankruptcy judge to curb third-party releases and exculpations in personalized mattress retailer Sleep Number's Chapter 11 plan, saying creditors need more in... (more story)

The entity that manages self-help book publisher Chicken Soup for the Soul Holdings LLC should be ordered to pay $25 million after a sale of most of an affiliate's assets never materialized, according to an in... (more story)

Military contractor Noble Supply & Logistics has brought a Chapter 11 adversary case against the Defense Logistics Agency in Delaware bankruptcy court, demanding payment of nearly $19 million for equipment tha... (more story)

Revlon told a New York bankruptcy court that one of its insurers has reneged on a deal incorporated into the reorganized cosmetics company's Chapter 11 plan, saying the carrier is refusing to pay defense costs... (more story)

Bankrupt professional golf league LIV Golf said it would allow tour member Sergio Garcia to terminate his player participation contract with the debtor Wednesday rather than have it subject to rejection, telli... (more story)

The trust responsible for liquidating assets of the Silicon Valley Bank, which went into receivership in 2023, owes none of $41 million in assessed tax deficiencies and is due a $21.7 million refund, the IRS a... (more story)

WilmerHale announced Wednesday that it has appointed a former Latham & Watkins LLP partner to chair the firm's transactional bankruptcy and financial restructuring practice.

Polsinelli PC has two new leaders for its restructuring and strategic capital practice, the firm announced Wednesday.

The founder of defunct "anti-woke" fintech group GloriFi has asked to intervene in a Chapter 7 malpractice lawsuit against Winston Taylor's predecessor firm, saying the Texas lawsuit is centered on him.

The former CEO of electric-truck maker Nikola has asked the U.S. Court of Appeals for the Third Circuit to review a Delaware federal judge's decision that his nearly $70 million bankruptcy claim against his fo... (more story)

The company behind a New Jersey event venue called The Chariot received confirmation of its Chapter 11 plan, which will hand over the reorganized company to two investors.

A Florida state court vacated an order allowing a discount sale of an attorneys' $20 million worth of shares in three law firms to a litigation funder seeking to collect on an out-of-state judgment, saying the... (more story)

A single-asset real estate holding firm tied to an apartment complex near Dallas has filed for Chapter 11 relief in the Northern District of Texas, listing more than $50 million in liabilities.

A Washington federal judge found a staffing company violated the terms of a $276,000 settlement it reached with the U.S. Equal Employment Opportunity Commission to close a bias investigation, siding with the E... (more story)

The Chapter 7 trustee of fashion industry software company CaaStle Inc. received approval Tuesday from a Delaware bankruptcy judge for a $3.5 million settlement of his lawsuit against former directors and offi... (more story)

Two directors of entities that filed an involuntary Chapter 11 petition against cryptocurrency mining firm Mawson must face its adversary complaint against them, a Delaware bankruptcy judge has ruled, finding ... (more story)

Recently declining office values show that distressed borrowers and lenders should consider negotiated workouts, tax planning and value-preserving leasing strategies as refinancing gaps and special-servicing c... (more story)

True Food Kitchen, a health-focused restaurant chain that scored an investment from Oprah Winfrey in 2018, has filed for Chapter 11 protection in a Texas bankruptcy court with $42.1 million in debt and plans t... (more story)

Miss America CEO Robin Fleming is asking a Florida federal court to require Carlton Fields to provide more specific information about a charging lien the firm has asserted over unpaid legal fees in litigation ... (more story)