Foley & Lardner LLP did not heed the fiduciary duty it owed to GWG Holdings when it facilitated loans and other transactions unfair to the life-insurance backed bond seller and, instead, enriched a group of "c... (more story)

FTX CEO John J. Ray III does not have to sit for a deposition requested by Virgin Islands-based LayerZero Labs Ltd. to answer questions about why it was not included in a Chapter 11 settlement with the debtor,... (more story)

A New York federal judge ruled that the former parent of Silicon Valley Bank can appeal directly to the Second Circuit, bypassing a district court as SVB challenges a bankruptcy judge's ruling that federal reg... (more story)

While a government contractor was within its rights to end a subcontracting agreement with embattled hospital group Steward Health, the Bankruptcy Code's provisions for assignment of contracts mean the debtor ... (more story)

A former business development director from McElroy Deutsch Mulvaney & Carpenter LLP has been given the go-ahead from a New Jersey state judge to bring a malicious-prosecution claim against the firm in litigat... (more story)

A Connecticut federal judge has affirmed a ban on certain protests aimed at the Chapter 11 trustee overseeing the bankruptcy estate of Chinese dissident Miles Guo, also known as Ho Wan Kwok, after the trustee ... (more story)

Markowitz Ringel Trusty & Hartog has bolstered its restructuring and insolvency practice group with a partner in Fort Lauderdale who came aboard from Miami-based Tabas & Silver PA.

The Chapter 11 trustee overseeing the estate of Chinese exile Miles Guo, also known as Ho Wan Kwok, asked a bankruptcy judge's permission Monday to sell a Connecticut mansion tied to the convicted fraudster fo... (more story)

The Federal Communications Commission has given the green light to the purchase of an ownership interest in bankrupt radio station owner Audacy Inc. by a fund manager with ties to George Soros.

A Texas bankruptcy judge on Monday ordered lawyers fighting over a bid to get Johnson & Johnson's latest Chapter 11 moved to New Jersey to meet and confer before a hearing on the potential venue transfer that ... (more story)

A Florida federal judge has trimmed trademark and copyright infringement claims from a suit by music label Lil' Joe Records against members of the hip-hop group 2 Live Crew but said he would send the issue of ... (more story)

The Roman Catholic Diocese of Burlington, Vermont, has become the latest U.S. Catholic diocese to file for Chapter 11 protection due to sexual abuse claims, saying it is the fairest way to deal with legal clai... (more story)

Alabama trucking and transport management company TA Dispatch LLC saw three of its four claims tossed Tuesday from its Delaware Court of Chancery suit seeking millions in damages from directors and officers of... (more story)

The U.S. Supreme Court should let stand a decision that late-filed returns prevented a taxpayer from discharging his federal tax debt in bankruptcy, the government argued, saying the taxpayer has inaccurately ... (more story)

The co-owner for a bankrupt Pittsburgh hotel almost lost his lawyer Tuesday, arriving late and introducing himself to the attorney for the first time in person at a hearing called on the attorney's motion to w... (more story)

A Delaware bankruptcy judge has given digital content delivery platform Edgio Inc. the go-ahead for a November asset auction with a $110 million stalking-horse credit bid.

Nostrum Laboratories, a New Jersey drugmaker that paid millions to settle allegations that it underpaid Medicaid drug rebates for its bladder infection drug after it hiked the price more than 400%, filed for C... (more story)

A federal bankruptcy judge approved the proposed sale of nine western Pennsylvania nursing homes to affiliates of Kadima Healthcare Group for $53 million Monday, as part of Chapter 11 proceedings for more than... (more story)

The U.S. Trustee's Office is asking a New York bankruptcy judge to claw back the fees and expenses law firm Reed Smith LLP has earned representing shipping firm Eletson Holdings in its Chapter 11 case, saying ... (more story)

A Texas bankruptcy judge on Monday shot down a landlord's request for its expert to inspect live mining operations at a facility run by bankrupt Rhodium Encore LLC, saying historic performance data should prov... (more story)