Mexico-based marine oil rig service provider Demar is seeking U.S. recognition from a Texas bankruptcy judge for its Mexican restructuring proceeding, assisted by a team from Sequor Law PA.
A Spanish-language media company is seeking Chapter 11 relief after facing declining advertising revenue. A nationwide operator of bitcoin ATMs plans to wind down. And a boating supply business entered Chapter 11 with a restructuring support agreement to deal with more than $500 million in debt.
A judge rejected conspiracy theorist Alex Jones' appeal to shield assets belonging to his media business under the stay in Jones' personal Chapter 7 case. The Cannabist became the first marijuana company to secure Chapter 15 recognition of a foreign bankruptcy proceeding. And the U.S. Trustee's Office called for car parts giant First Brands' Chapter 11 case in Texas to be converted to a Chapter 7 liquidation.
Previous
Next
Mexico-based marine oil rig service provider Demar is seeking U.S. recognition from a Texas bankruptcy judge for its Mexican restructuring proceeding, assisted by a team from Sequor Law PA.
A Spanish-language media company is seeking Chapter 11 relief after facing declining advertising revenue. A nationwide operator of bitcoin ATMs plans to wind down. And a boating supply business entered Chapter 11 with a restructuring support agreement to deal with more than $500 million in debt.
A judge rejected conspiracy theorist Alex Jones' appeal to shield assets belonging to his media business under the stay in Jones' personal Chapter 7 case. The Cannabist became the first marijuana company to secure Chapter 15 recognition of a foreign bankruptcy proceeding. And the U.S. Trustee's Office called for car parts giant First Brands' Chapter 11 case in Texas to be converted to a Chapter 7 liquidation.
-
May 20, 2026
Monthly farm-related Chapter 12 filings soared in April to a more than six-year high, with more likely on the horizon, amid an overall increase in all bankruptcies as fuel prices and other costs continue to rise, according to data from Epiq AACER.
-
May 20, 2026
Auto parts maker First Brands Group will seek conditional approval of its Chapter 11 plan disclosure statement Tuesday after making significant amendments to the document prior to a Wednesday hearing in Texas bankruptcy court.
-
May 20, 2026
A New York bankruptcy judge on Wednesday agreed to allow 13 late-filed claims to move forward in former pharmaceutical company Purdue Pharma's Chapter 11 after its plan took effect earlier this month.
-
May 20, 2026
The U.S. Trustee's Office asked a Texas bankruptcy judge to withhold approval of home shopping company QVC's Chapter 11 plan, saying its method for establishing creditor buy-in for releases is inappropriate.
-
May 20, 2026
Spencer Fane LLP announced that an experienced bankruptcy attorney has joined the firm's Plano, Texas, office as a partner following a stint with Dentons.
-
May 20, 2026
A Texas bankruptcy judge said Wednesday he would call an evidentiary hearing on White & Case's motion to hold Modivcare in contempt connected to a Chapter 11 fee dispute, after the firm accused the reorganized medical transportation group of taking $3.5 million of what should have been escrowed funds out of an account.
-
May 19, 2026
PHL Variable Insurance Co. life insurance policyholders on Tuesday accused Connecticut's interim insurance commissioner of bankrolling the struggling insurer's rehabilitation by receiving millions without guaranteeing at least some payout, urging a state appeals court to reverse a trial judge's conclusion that premiums are not "debts."
-
May 19, 2026
The Archdiocese of Baltimore and a group of child sexual abuse claimants have both filed proposed Chapter 11 plans in the archdiocese's bankruptcy, one envisioning abuse claims trusts with at least roughy $169 million and the other a trust with over $541 million.
-
May 19, 2026
A coalition of 24 attorneys general and two governors are challenging a rule recently promulgated by the U.S. Department of Education, alleging in a complaint in Maryland federal court Tuesday that it unlawfully limits access to federal student loans for those pursuing professional degree programs.
-
May 19, 2026
White & Case's motion to hold Modivcare in civil contempt connected to a Chapter 11 fee dispute is built around unsupported conjecture, the reorganized medical transportation group has said, urging a Texas bankruptcy judge to reject the request by the law firm that represented its creditors' committee.
-
May 19, 2026
A Delaware bankruptcy judge on Tuesday said she would grant boating supply business West Marine Inc. a range of first day relief on an interim basis as it gets underway in its voyage through Chapter 11, including permission to use its cash collateral and to pay employees and vendors.
-
May 18, 2026
Freight services company STG on Monday secured a New Jersey bankruptcy judge's approval of a Chapter 11 plan that will let the debtor cut more than $1 billion in liabilities, weeks after STG resolved major litigation launched by its lenders.
-
May 18, 2026
A Texas bankruptcy judge has given his assent on a final basis to a $300 million postpetition financing package in home shopping company QVC's Chapter 11 case.
-
May 18, 2026
Dechert LLP announced Monday that it has added another attorney from McDermott Will & Schulte to its Dallas office, this time bringing on an attorney who will bolster its capacity to handle transactional matters.
-
May 18, 2026
Restaurant operator Fat Brands has reached a settlement with three groups of creditors that it says clears a path to getting its Chapter 11 plan confirmed, telling a Texas bankruptcy judge the deal will let the debtor tap new financing, complete asset sales and set up a liquidation trust.
-
May 18, 2026
Del Monte Foods received confirmation of its Chapter 11 wind-down plan on Monday after a New Jersey bankruptcy judge overruled an objection from a group of minority lenders.
-
May 18, 2026
A Texas bankruptcy judge Monday approved a settlement between insolvent luxury retailer Saks Global and its largest landlord, Simon Operating Group, to resolve disagreements over the debtor's leases.
-
May 18, 2026
Boating supply retailer West Marine commenced a Chapter 11 case in Delaware to deal with almost $550 million in debt after reaching a deal on a restructuring support agreement with lenders and equity holders.
-
May 15, 2026
A Texas federal judge on Friday dismissed Alex Jones' appeal over whether Infowars operator Free Speech Systems LLC's assets are part of his Chapter 7 estate, a move that continues to allow the families of victims of the Sandy Hook Elementary School shooting to pursue assets through state-court collection efforts that would help satisfy judgments exceeding $1 billion.
-
May 15, 2026
A Texas bankruptcy judge Friday limited the liabilities that the buyer of Prospect Medical's California assets had assumed to the unknown medical malpractice claims from after the debtor filed for Chapter 11 relief early last year.
-
May 15, 2026
The Russian Federation's constitution and statutes make clear that Vladimir Putin's administration and Yukos Oil Co.'s financing arm didn't have a valid agreement to arbitrate a dispute that resulted in a nearly $5 billion arbitral award against the country, Russia told the D.C. Circuit Friday.
-
May 15, 2026
Bankrupt restaurant chain owner Fat Brands has brought an adversary proceeding in Texas seeking to reverse a prepetition debt refinancing transaction that it alleged was a fraudulent transfer of company assets that strengthened the secured claims of a lender with no benefit to the debtor's estate.
-
May 15, 2026
The operator of Infowars says bankrupt broadcaster Alex Jones has a legal right to "freely compete" with his former outlet, telling a Texas appeals court the website shut down because a court-appointed receiver failed to pay a third-party streaming service, not because Jones absconded with its property.
-
May 15, 2026
QVC will seek final approval of its bankruptcy funding, e-commerce group Food52 will vie for confirmation of its liquidation plan, and First Brands Group will also court a judge's approval of its Chapter 11 plan.
-
May 15, 2026
As attitudes toward cannabis have relaxed in recent years in the U.S., Weil Gotshal & Manges LLP partner David J. Cohen saw an opening to restructure The Cannabist Co. Holdings Inc.'s business with Chapter 15 recognition of its Canadian insolvency proceeding, a strategy that hadn't been tried by any other marijuana businesses.