SIMAD Holdings Ltd. won court permission on Wednesday to use some of its available $15.6 million of cash on hand as it races to open the 30 children's summer camps it owns for the season, after a freefall bank... (more story)

A Texas bankruptcy judge granted a preliminary injunction on Wednesday that will require the escrow of $18 million in inventory sale proceeds in a lien superiority dispute among lenders in the First Brands Chapter 11 case.

The Third Circuit has agreed to a two-month postponement of oral arguments in Venezuela's challenge of a Delaware judge's order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars ... (more story)

Auto parts giant First Brands Group asked a Texas bankruptcy judge to greenlight the formation of a retired employee committee, saying it cannot keep paying retiree benefits under a proposed Chapter 11 plan.

A group of malpractice claimants in the Chapter 11 case of Prospect Medical Holdings have challenged a $26 million insurance settlement proposed by the company's plan administrator, saying the deal goes back o... (more story)

The recovery trust created under former crypto platform FTX Trading Ltd.'s Chapter 11 plan walked away from a $1.15 billion fraudulent transfer lawsuit it launched last fall in Delaware bankruptcy court agains... (more story)

The Florida Development Finance Corp. has extended the term rate on $985 million in bonds borrowed by Brightline Florida Holdings LLC in relation to a project to expand passenger rail in the Sunshine State, ac... (more story)

Ultinon Motion Holding BV, a Netherlands-based affiliate of embattled auto parts manufacturer First Brands received permission Tuesday to seek votes on a Chapter 11 liquidation plan after the debtor switched f... (more story)

The Roman Catholic Diocese of Oakland on Monday asked a California bankruptcy judge to approve its $180 million Chapter 11 plan over the objections of sexual abuse claimants who argue the diocese can afford to... (more story)

The First Circuit ruled that Puerto Rico's financial restructuring does not protect government officials from being sued in their personal capacities for alleged civil rights violations, rejecting the argument... (more story)

Defunct food distributor Harvest Sherwood secured a Texas bankruptcy judge's approval on Wednesday to take on $150 million in new Chapter 11 financing and set up bidding procedures for its exit funding, defeat... (more story)

The owner of a mixed-use building in Manhattan's SoHo neighborhood hopes to soon be able to seek votes on its Chapter 11 restructuring plan, which will transfer title of the property to the debtor's senior lender.

An investment management firm specializing in medical spas and medical aesthetics providers has filed for Chapter 11 protection in Delaware with $10 million to $50 million in debt.

A Delaware bankruptcy judge Tuesday signed off on a Chapter 11 liquidation plan proposed by US Magnesium's unsecured creditors, overruling objections to the deal by the debtor's owner and Wells Fargo.

A former Highpower International Inc. stockholder has asked the Delaware Chancery Court to appoint a receiver to take control of the dissolved battery maker's remaining assets and affairs, arguing it stripped ... (more story)

A Delaware bankruptcy judge on Tuesday agreed to approve the $3.25 million sale of cryptocurrency financial technology firm BlockFills to a Belgian digital asset investment group as BlockFills prepares for a C... (more story)

Insurance company Hallmark Financial Services has filed for Chapter 11 protection in Texas with a prepackaged plan to deal with nearly $134 million in debt with either a sale or an equity swap.

A Maryland bankruptcy judge Monday encouraged the Archdiocese of Baltimore and a group of child sexual abuse claimants to seek mediation of a lingering issue as they continue to negotiate over a Chapter 11 pla... (more story)

Johnson & Johnson urged a New Jersey federal court to toss all the pending cases in the sprawling multidistrict litigation alleging that its talc products caused ovarian cancer after the plaintiffs withdrew th... (more story)

A Texas bankruptcy judge told a pair of fracking and sand mining firms Monday she will greenlight the "two-tracked" sale procedures they have submitted, whereby a stalking horse bidder will create a company to... (more story)