The litigation administrator for defunct cryptocurrency group Celsius has sued BitMEX in New York bankruptcy court, accusing the digital asset derivative trading platform of manipulating the crypto market and ... (more story)

A Delaware bankruptcy judge Monday outlined the path ahead toward considering whether mobile gaming company Papaya Gaming Inc. should receive Chapter 15 recognition for its insolvency proceeding in Israel.

The city of Detroit and its firefighters union have defeated the remaining claims of two firefighters who challenged their treatment after returning from disability retirement, with a Michigan state appeals co... (more story)

An attorney who built her debt finance practice for more than 26 years at Goodwin Procter LLP has recently joined Foley Hoag LLP's Boston office, where she has been selected to co-lead the firm's debt finance team.

Carlton Fields has urged a Florida federal court to adopt a magistrate judge's recommendation that the firm be allowed to intervene in a dispute involving its charging lien for unpaid legal fees in a $500 mill... (more story)

Latvian carrier airBaltic filed for Chapter 11 bankruptcy protection in New York on Monday, citing liabilities of more than $1 billion, after years of financial strain from the COVID-19 pandemic, Russia's inva... (more story)

A group of noteholders of telecommunications company Hughes Satellite has asked a Texas bankruptcy court to terminate the period during which only the debtor can file a reorganization plan so that the creditor... (more story)

Inspired Healthcare Holdings has told a Texas bankruptcy judge it secured $582.3 million in offers for two dozen of its senior living developments, while two lenders are alleging the debtor failed to maximize ... (more story)

An affiliate of the Minnesota Vikings has asked a New York bankruptcy judge to require Sleep Number to pay more than $313,000 that the NFL team says the mattress company owes under a sponsorship agreement.

The past week in London has seen Pogust Goodhead embroiled in a legal dispute with claimants in the Mariana dam litigation, and be sued by a barrister who represented it during the case, and Mexican broadcaste... (more story)

Twenty investment funds sued digital manufacturing company Nano Dimension Ltd. and another entity, alleging the two committed fraud when Nano merged with 3D printing defense contractor Desktop Metal and pushed... (more story)

Former deputy FBI director Dan Bongino testified Friday that he was not privy to decisions leading to social media company Parler's 2021 ouster of its CEO, but he was pressed over having seen a draft of the do... (more story)

BurgerFi International Inc.'s liquidating trustee has sued former company brass and financial advisers, alleging they pushed through the $161 million acquisition of Anthony's Coal Fired Pizza that immediately ... (more story)

Herbert Smith Freehills Kramer LLP's previous work for key creditors disqualifies it from representing West Virginia coal plant operator Omnis Pleasants in its Chapter 11 proceeding, a Delaware bankruptcy judge ruled Friday.

The former CEO of bankrupt artificial intelligence-powered staffing firm Joonko Diversity on Friday entered a guilty plea to charges that she defrauded investors out of $27 million using forged financial docum... (more story)

Wildlife adventure group The Dolphin Co. can seek creditors' votes on its Chapter 11 liquidation and wind-down plan as it looks to end an eventful bankruptcy in Delaware.

The Chapter 7 trustee representing bankrupt firm Kossoff PLLC on Wednesday sued JPMorgan Chase Bank NA, claiming the bank helped the firm's principal steal at least $18.5 million from clients, and it "should b... (more story)

The U.S. Trustee's Office has asked a New York bankruptcy judge to name a Chapter 11 trustee to oversee the insolvency proceeding of an organization that owns a mixed-use building in Manhattan's SoHo neighborh... (more story)

Insurance holding company Alea Holdings US Co. received approval Thursday in Texas for its Chapter 11 plan, which will see $20 million in cash made available to certain creditors while all voting claimants agr... (more story)

Attorneys from Ross Aronstam & Moritz LLP, Young Conaway Stargatt & Taylor, LLP and Benesch Friedlander Coplan & Aronoff LLP are facing off in a suit by the Chapter 7 trustee of food waste recycler KDC Agribus... (more story)