A New York bankruptcy judge granted provisional Chapter 15 relief to Braskem SA on Tuesday, allowing the Brazilian petrochemical and plastics company to use bankruptcy's automatic stay to pause creditor action... (more story)

Puerto Rico's Financial Oversight and Management Board pitched a $3 billion settlement package to bondholders of the Puerto Rico Electric Power Authority, with an eye to finishing the power authority's bankrup... (more story)

Pierson Ferdinand LLP announced Tuesday that it has added four partners to its corporate, intellectual property and litigation departments to bolster its capacity to handle corporate litigation, patent, bankru... (more story)

A New York federal judge has told the former majority owners of Eletson Gas to pay nearly $300,000 in sanctions after he vacated an underlying $102 million arbitration award over alleged fraud.

Gordon Rees Scully Mansukhani LLP has expanded its offices in Northern California with eight new partners who have expertise in multiple practice areas, a firm spokesperson told Law360 Pulse on Tuesday.

Silicon Valley Bank's former chief financial officer testified Monday during the first day of a California federal bench trial over the Federal Deposit Insurance Corp.'s claims that the bank's brass mismanaged... (more story)

The Archdiocese of San Francisco and survivors of clergy sexual abuse have reached a $395 million settlement in principle that would resolve more than 500 lawsuits facing the bankrupt organization, the archdio... (more story)

Black Diamond-affiliated investment funds sued Harvey Gulf International Marine Inc.'s chief executive and other major stockholders in the Delaware Chancery Court, alleging they improperly orchestrated a stock... (more story)

A California business owner pursuing racketeering claims against his former business partner and a handful of lawyers and business entities should be sanctioned for bringing a frivolous suit with no standing a... (more story)

Bankrupt investing platform Linqto has told a Texas bankruptcy judge its Ripple Labs equity holdings are too valuable and asked to be allowed to sell $130 million of the blockchain company's stocks to conform ... (more story)

A Delaware bankruptcy judge said Tuesday she will grant a request by GVO Partners, a medical spa management and investment firm, to use cash collateral, agreeing with the debtor that it needs to fund its opera... (more story)

The U.S. government and the Federal Deposit Insurance Corp. are working to settle the government's case against the agency in its role as receiver for the defunct First Republic Bank over taxes that the govern... (more story)

Bankrupt bitcoin miner Rhodium Encore on Tuesday asked a Texas bankruptcy judge to impose sanctions on cooling technology firm Midas Green Technologies, saying it spent more than $6 million fighting over Midas... (more story)

A Texas bankruptcy judge on Tuesday gave Camp Mystic permission to pay employee wages but declined to approve a $2,000 stipend for the president of one of the camp's affiliates, about a week after the summer c... (more story)

A Texas bankruptcy judge on Monday gave the all-clear for battery recycler Ascend Elements to close a sale of assets in Georgia as well as rules for selling off minor remaining items.

Sysorex Government Services on Monday told a New York bankruptcy judge that it will be seeking permission to borrow up to $6 million a year after getting approval to sell all its assets, saying it still finds ... (more story)

A vice chair of financial services holding company Hilco Global has joined Paul Weiss Rifkind Wharton & Garrison LLP to co-head the restructuring and debt capital solutions practice, the firm has announced.

A subsidiary of Rock Creek Advisors LLC created to administer the liquidation of an asthma drug developer to pay creditors notified Delaware's chancery court that the company turned to a wind-down after clinic... (more story)

King & Spalding LLP has hired another former practice leader from Proskauer Rose LLP amid its ongoing efforts to build out its fund finance capabilities, the firm announced Monday.

The federal judiciary announced Friday it will temporarily increase the fees for electronic access to court records to pay for a potential $800 million upgrade that will modernize and strengthen court records ... (more story)