A Texas bankruptcy judge Wednesday agreed to let Linqto sell Ripple Labs equity for a total of $130 million, in transactions that counsel for the former investing platform said will help it exit Chapter 11 soon.

A Texas bankruptcy judge has rejected an objection to Genesis Healthcare's $1 billion sale of its 175 nursing homes, ruling that a joint venture partner cannot scuttle the deal by invoking a partnership agreem... (more story)

Troutman Pepper Locke has strengthened its bankruptcy and restructuring practice with a seasoned Dallas-based partner who came aboard from Sidley Austin LLP.

A Federal Court judge in Sydney has allowed a bankrupt former construction company manager to continue managing his self-managed superannuation fund, finding relief from management disqualification is availabl... (more story)

Silicon Valley Bank's ex-chief financial officer defended SVB's risk appetite during a California federal bench trial Tuesday over the Federal Deposit Insurance Corp.'s claims the bank's brass mismanaged its a... (more story)

Video distribution entities owned by EchoStar Corp., including Dish TV and Sling TV, commenced prepackaged Chapter 11 cases in Texas late Tuesday with $14 billion of debt and a proposal to pay down existing de... (more story)

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.

Airline operator Float Alaska has asked a Delaware bankruptcy judge for permission to modify its confirmed Chapter 11 plan and disclosure statement so that it can enter into a transaction with a backup bidder ... (more story)

A Texas bankruptcy judge said Wednesday that he would approve a sale of a data and research center affiliated with Texas A&M University, RELLIS Campus Data and Research Center LLC, to AI software company ThisW... (more story)

A Florida bankruptcy judge Wednesday allowed YesCare, the affiliate of prison healthcare company Tehum Care Services, to use lender cash and pay wages after adjourning a hearing on a motion to transfer the cas... (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)

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.

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)

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)

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)