The growing expense of Chapter 11 has compelled distressed companies to search for ways to avoid protracted bankruptcies this year, and their attempts to cut down on costs have sparked some of the biggest surp... (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 Texas bankruptcy judge Wednesday considered whether reorganized healthcare transportation group ModivCare's failure to set up a professional fee escrow and delays in moving funds to a court-controlled accoun... (more story)

The onetime CEO of Lugano Diamonds and the U.S. Trustee's Office have both taken shots at the jewelry house's Chapter 11 plan disclosure, with the former executive alleging it was "misleading" and the bankrupt... (more story)

Creditors that were excluded from Serta Simmons' so-called uptier debt restructuring are entitled to $261 million in damages plus interest, a Texas bankruptcy court has found, ruling against lenders that parti... (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)

The buyer of Long Island nursing home operator Cold Spring Acquisition LLC urged a New York bankruptcy court Thursday to delay the effective date of a potential Chapter 7 conversion order for three weeks, seek... (more story)

New York City nightclub Balcon Salon and its lender have agreed to enter mediation, the debtor's attorney told a bankruptcy judge Thursday.

Citadel Securities has agreed to drop its New York trade secrets lawsuit targeting a Swiss cryptocurrency trading firm launched by two ex-employees in order to focus on enforcing a roughly £6 million ($8 milli... (more story)

Sheppard announced Wednesday that the firm has added an experienced intellectual property attorney focused on life sciences as a San Diego area-based partner, a day after announcing the addition of two Chicago... (more story)

A North Carolina bankruptcy administrator is seeking sanctions against a Georgia "short sale" real estate dealer, claiming he filed bankruptcy papers "riddled" with lies as part of an attempt to sell a home on... (more story)