A Delaware bankruptcy judge on Wednesday allowed a clawback adversary suit to proceed against the former CEO of Chicken Soup for the Soul Entertainment Inc., who, according to the Chapter 7 trustee in the case... (more story)

A Texas bankruptcy judge on Wednesday approved information technology services provider TPx Communications' Chapter 11 plan that will see it emerge from bankruptcy with a $1 billion lighter balance sheet.

The founder of Linqto, a bankrupt platform that allows investors to buy shares before their initial public offerings, was arrested in California Wednesday and charged in New York federal court with a $450 mill... (more story)

The U.S. solicitor general has urged the Supreme Court to decline to consider a suit from former Ruby Tuesday executives alleging Regions Bank inadequately protected their retirement plan benefits that were li... (more story)

The U.S. Securities and Exchange Commission has sued Mordechai Haim Ferder, the ex-CEO of bankrupt Lugano Diamonds & Jewelry Inc., and his wife to recover more than $17.7 million they allegedly reaped through ... (more story)

Noble Supply & Logistics on Tuesday told a Delaware bankruptcy judge that its lenders have given it 75 days to wrap up its Chapter 11 case in exchange for allowing the defense contractor to use their collatera... (more story)

A group of affiliates of Evolution Credit Partners filed their own version of a Chapter 7 conversion order in the bankruptcy case of First Brands Group, saying the debtor's proposal does not preserve any right... (more story)

A Florida federal magistrate judge on Tuesday recommended allowing Carlton Fields PA to intervene in a $500 million dispute over the ownership of the Miss America competition, one day after the company's CEO f... (more story)

A Delaware vice chancellor has appointed former U.S. Bankruptcy Judge Christopher S. Sontchi as a special magistrate to oversee the wind-down of an oil and gas investment fund at the center of litigation betwe... (more story)

The Florida Bar has asked the state's highest court for a protective order to "substantially" limit a suspended lawyer's "unduly burdensome" and "excessive" initial request for production of documents in a pro... (more story)

A former executive and two contractors have forced artificial intelligence-powered health technology provider Survey Health into a Chapter 7 proceeding in Delaware bankruptcy court, as the company contends wit... (more story)

Rapper Jay-Z has won a bid to preserve a nearly $136,000 claim filed in the bankruptcy of a woman whom he alleges has harassed him for more than a decade, with a New Jersey bankruptcy judge rejecting the woman... (more story)

A New York bankruptcy judge has banned two individuals from bankruptcy court for five years after finding that they serially filed involuntary Chapter 11 and Chapter 7 petitions against numerous people and ent... (more story)

A Texas bankruptcy judge Wednesday approved the $16 million sale of two Dallas apartment buildings owned by affiliates of property developer Lurin Real Estate Holdings.

The U.S. Trustee and the parent company of bankrupt Omnis Pleasants LLC said Herbert Smith Freehills Kramer LLP's prepetition work for two lenders disqualifies it from representing the West Virginia coal plant... (more story)

The U.S. Trustee and unsecured creditors questioned Camp Mystic's proposal to bring in independent directors, telling a Texas bankruptcy judge Tuesday that bringing in a Chapter 11 trustee or dismissing the ca... (more story)

Bankrupt microbiome treatment company Finch Therapeutics received court approval for its Chapter 11 plan and disclosure statement Tuesday in Delaware after reaching agreements to resolve opposition to the proposal.

Coffee chain 7 Brew emerged as the top bidder for 73 of drive-thru chain Salad and Go's leases with a $143 million offer, besting competitor Dutch Bros.' stalking horse bid of $105 million for 65 leases, couns... (more story)

A Texas bankruptcy judge on Tuesday told former Instant Brands owner Cornell Capital it must get his permission before suing the Instant Pot maker's litigation trustee, blocking a suit Cornell brought in Delaw... (more story)

A Delaware bankruptcy judge Tuesday signed off on the Chapter 11 plan for a golf merchandise and course design company founded by legend Jack Nicklaus after hearing there was no opposition to how the plan will... (more story)