-
March 26, 2026
A Delaware bankruptcy judge on Thursday stayed actions against the U.S. subsidiaries of Cannabist Company Holdings as the bankrupt Canadian company moves to sell its assets or wind them down.
-
March 25, 2026
Investors in bankrupt electric vehicle company Arrival have gotten final approval for their nearly $13.3 million deal ending claims the company touted a purportedly profitable business plan as it went public via merger with a special purpose acquisition company only to scale back its projections within a year of the merger announcement.
-
March 25, 2026
Two taxpayer groups and a tax counsel association urged the U.S. Supreme Court to hear a woman's appeal over liabilities triggered by a fraudulent preparer, arguing the Third Circuit decision in the case misread the fraud exception in the tax assessment statute.
-
March 25, 2026
Former CEOs of bankrupt electric-truck maker Nikola Corp. can't hit pause on proposed investor class action claims they face while related claims against the company are stayed amid its bankruptcy proceedings, an Arizona federal judge has determined.
-
March 25, 2026
A team of attorneys from Chipman Brown Cicero & Cole LLP and Ropes & Gray LLP is steering the Chapter 11 case of Finch Therapeutics, a company that develops treatments to improve the health of the body's microbiome.
-
March 25, 2026
Microbiome treatment developer Finch Therapeutics told a Delaware bankruptcy judge Wednesday that its lack of income or ability to collect on a patent judgment justified its Chapter 11 filing despite a lack of secured debts.
-
March 25, 2026
Ice Miller LLP announced Wednesday that it hired a five-attorney bankruptcy and restructuring team from Potter Anderson & Corroon LLP to help expand its recently opened office in Wilmington, Delaware.
-
March 25, 2026
Ashurst LLP has announced the addition of a four-partner team in New York to expand its finance and restructuring capacities ahead of a proposed merger with Perkins Coie LLP.
-
March 25, 2026
Lender-on-lender brawling that normally occurs out of court is increasingly unfolding in the Chapter 11 financing arena, forcing bankruptcy judges to reckon with in-court deals that use aggressive liability management tactics to promote certain investors over others.
-
March 25, 2026
A Delaware bankruptcy judge on Wednesday said he would approve Alaska-based airline operator Float Alaska's request for permission to sell aircraft, spare parts and an affiliate for more than $20 million.
-
March 25, 2026
The foreign representative for Cannabist Company Holdings Inc., a purveyor of cannabis products, asked a Delaware bankruptcy judge Wednesday to recognize the company's Canadian insolvency in U.S. courts as it seeks to sell operations it is running in the U.S.
-
March 24, 2026
Two new Chapter 11 cases have come on the heels of a lawsuit brought by a Stellantis unit, which alleged the debtors committed auto lending fraud by double-pledging collateral and keeping a fake set of books intended to dupe the lender into providing more financing.
-
March 24, 2026
A Delaware bankruptcy judge on Tuesday delayed a fight over the conversion of government contractor Team Systems International's bankruptcy case until July so it can be heard alongside a fraudulent transfer trial, saying he didn't want to consider the conversion issue over multiple hearings.
-
March 24, 2026
The maker of spandex is looking to swap its debt for equity in Chapter 11, a longtime book distributor plans to finish winding down operations while its bankruptcy keeps an automatic stay on litigation, and a microbiome treatment developer wants to sell its assets in bankruptcy.
-
March 24, 2026
The U.S. Supreme Court heard arguments Tuesday over whether the Fifth Circuit erred in letting judicial estoppel bar a Chapter 13 debtor from pursuing tort litigation after failing to disclose the claim to a bankruptcy court, weighing whether to apply a holistic test to determine if the debtor's mistake was inadvertent.
-
March 24, 2026
The Fourth Circuit on Tuesday affirmed a jury verdict finding a Chinese pool parts company liable for falsely advertising its products as made in the USA as part of a larger judgment favoring a North Carolina manufacturer that has since ballooned to over $17 million.
-
March 24, 2026
A bankrupt resort residence complex on the Caribbean island and British Overseas Territory of Anguilla asked a Delaware judge to approve a settlement with various parties including a family who alleged their child was attacked by a facility employee.
-
March 23, 2026
The Fourth Circuit has declined to revive a debtor's lawsuit claiming his mortgage servicers violated bankruptcy protections, finding that none of the monthly account statements, payoff statements and tax statements the servicers sent him were related to debt collection.
-
March 23, 2026
A hotel north of New York City that had agreed to provide long-term shelter for asylum-seekers, and was subsequently sued by a municipality for doing so, has filed for Chapter 11 protection, listing between $1 million and $10 million worth of assets and liabilities.
-
March 23, 2026
Lynn LoPucki, a professor at the University of Florida's Levin College of Law, is back. The long-time bankruptcy gadfly stopped work on his public Bankruptcy Research Database of large corporate Chapter 11s in 2022. In the intervening years, his appearances in the pages of the mainstream business press, where he had regularly denounced forum shopping, waned.
-
March 23, 2026
Controversy over whiskey company Uncle Nearest Inc.'s Chapter 11 continued Friday, as the debtor's counsel from the case appealed a judge's ruling that dismissed the bankruptcy as filed without legitimate authority.
-
March 23, 2026
A Floridian facing a $28 million tax bill cannot invoke Bahamian law to avoid repatriating funds held in two Bahamian trusts, the U.S. government told a federal court, contending he is "cherry-picking" which jurisdiction's law applies in different situations.
-
March 23, 2026
Label maker Multi-Color's Chapter 11 case will stay in New Jersey, Spandex maker Lycra hit Chapter 11 in Texas, and Jackson Walker can pay clients demanding refunds over a relationship between a former firm attorney and a bankruptcy judge. This is the week in bankruptcy.
-
March 23, 2026
The Third Circuit on Monday sided with a nuclear power company in a dispute with an electrical workers union over contributions to employee healthcare premiums, holding that the union couldn't force issues out of court because their disagreement was outside the scope of the collective bargaining agreement's arbitration provision.
-
March 23, 2026
North Carolina's highest court has upheld a six-figure unjust enrichment verdict favoring the founder of the organic supermarket chain Earth Fare in a split decision that set off a debate among the justices about what is required to prove a state Wage and Hour Act claim.