The U.S. Supreme Court agreed to take up a case involving a Fourth Circuit decision that denied an attempt by Goldman Sachs to arbitrate disputes with two debtors in bankruptcy over alleged violations of the automatic stay.

A bill to increase bankruptcy debt eligibility limits for Subchapter V, opening the streamlined reorganization process to more small businesses, is awaiting a signature by the president to become law.

A ruling by an English appeals court that sanctions do not wipe out the rights of creditors has drawn a boundary around the government's powers — though lawyers warn that the restrictions still leave those rights worth muc...(read more)

The past week in London has seen Samsung sue Petrofac and its administrators, building materials giant Kingspan hit with two financial list claims by dozens of institutional investors, and Boehringer Ingelheim file a paten...(read more)

Kirkland & Ellis LLP announced Friday the addition of 40 attorneys from Weil Gotshal & Manges LLP, including the private equity practice co-leader who was once set to lead the firm.

LIV Golf is shutting down its plan to reorganize after one of its debtor-in-possession lenders backed out of its pledge to contribute $300 million toward its reorganization, the troubled men's professional golf league told...(read more)

A New Jersey bankruptcy judge said Thursday he will need to see more evidence to resolve an "ambiguity" over whether class action privacy claims against genetic testing company Invitae Corp. belong in his court.

A New York bankruptcy judge said Thursday he would allow Spirit Airlines to lift a temporary restraining order on executives at CSDS Asset Management and Zed Aerocapital LLC as part of an adversary case over a failed airpl...(read more)

A commercial tower landlord has asked the Federal Communications Commission for clarification or a waiver of agency rules governing a trust that EchoStar must use to repay companies related to its bankruptcy case.

A Texas bankruptcy judge Wednesday denied a motion for stay relief in the Chapter 11 case of investment firm 777 Partners, finding a creditor's request to conduct discovery of the debtor in connection to a New York fraud l...(read more)

Egyptian petrochemicals company Carbon Holdings Ltd. has accused financial adviser Houlihan Lokey of pressuring it into signing a deal to repay millions of dollars of consultancy fees owed for debt restructuring work, as i...(read more)

The Delaware Chancery Court on Thursday declined to revise rulings in a yearslong dispute over a distressed credit fund's records and more than $9 million of withheld cash, disagreeing with arguments that the fund's former...(read more)

A Pennsylvania federal bankruptcy judge had qualms Thursday about plans to wind down the last two restaurants in the formerly regional Kings Family Restaurant chain, worrying the involuntary bankruptcy was driven by lawyer...(read more)

A Delaware bankruptcy judge Thursday granted interim approval for a $1.23 million debtor-in-possession financing package for WeAre8, an artificial intelligence-moderated social media app, to fund its Chapter 11 proceedings...(read more)

A Delaware bankruptcy judge Thursday gave fitness business FitLab Inc. interim permission to take out $2.5 million in Chapter 11 financing after hearing the company will be seeking to sell off its assets.

A Texas bankruptcy judge said Wednesday that he would allow health-focused restaurant chain True Food Kitchen to borrow another $2 million to fund its Chapter 11 case and pay employees.

FitLab on Wednesday blamed supply chain disruptions in its exercise equipment business and a failed partnership with Nike for its Chapter 11 filing.

WeAre8, a social media platform that uses artificial intelligence to moderate content, has filed for Chapter 11 protection in Delaware with more than $32 million in funded debt and plans to sell all its assets.

Simry Real Estate Corp. on Wednesday told a New York bankruptcy judge that it expects to settle a dispute with a member of the debtor's controlling family by the end of the week.

A Delaware bankruptcy judge has given West Virginia coal plant operator Omnis Pleasants the go-ahead to accept an approximately $353 million baseline bid for its assets in an auction to be held next week.