Spirit Aviation Holdings has asked a New York bankruptcy court for an extension of its exclusive rights to file and solicit votes on a Chapter 11 plan, saying it has already made significant progress in the pr... (more story)

A Delaware federal judge on Tuesday approved a $5.892 billion bid from hedge fund Elliott Investment Management LP to purchase shares in Citgo's parent company and satisfy billions of dollars' worth of Venezue... (more story)

Drugstore chain Rite Aid resolved a remaining disagreement with the U.S. Trustee's Office related to the debtor's Chapter 11 plan, bringing it one step closer to confirmation.

A New Jersey bankruptcy judge said he would confirm the Chapter 11 plan of drug store chain Rite Aid after overruling the U.S. Trustee's objection to the opt-out mechanism for obtaining creditor support for th... (more story)

Auto parts company First Brands Group urged a Texas federal judge to let it lend $45 million in Chapter 11 financing to a foreign affiliate that isn't in bankruptcy, saying the business needs immediate funding... (more story)

Four attorneys at Tucker Arensberg PC's offices in Pittsburgh and Harrisburg, Pennsylvania, have new titles attached to their names after the firm recently elected two of them to shareholders and two to senior counsel.

A California bankruptcy judge has told the Roman Catholic Diocese of Oakland it has until the end of the day Wednesday to submit a term sheet for a plan to settle with childhood sexual abuse claimants and end ... (more story)

The Delaware Chancery Court last week delivered a packed mix of fraud allegations, merger fallout, corporate-governance reforms and jurisdictional fights, while a new academic report ignited debate over attorn... (more story)

A Delaware bankruptcy judge on Monday dismissed just over $15 million in claims against the FTX wind-down trust after trust counsel said the claimants had filed forged documents to back their claims they had l... (more story)

The U.S. Supreme Court on Monday said it will not hear arguments on whether a Texas bankruptcy judge allowed unsecured creditors to double-dip on their recoveries when he handed them control of bankrupt oil dr... (more story)

A Delaware bankruptcy judge declined Tuesday to narrow an appeal of his order approving electric-truck maker Nikola Corp.'s Chapter 11 plan brought by company founder Trevor Milton, who was pardoned by Preside... (more story)

Solar energy company PosiGen entered bankruptcy in Texas lugging at least $100 million in debt roughly a month after it was sued in a case alleging a breach of loan agreements.

Alleging Ponzi scheme-like conduct, limited partners in Florida-based Whitestone Real Estate Fund III (GP) accused the business and its affiliates of shuffling through hundreds of related party transactions wi... (more story)

Nikola founder Trevor Milton, who was pardoned of securities and wire fraud charges by President Donald Trump earlier this year, has urged the Delaware bankruptcy court to forbid his former company from servin... (more story)

A Delaware bankruptcy judge Monday denied a motion to stay the Chapter 11 sale of Village Roadshow's derivative film rights pending an appeal of the $18.5 million deal, finding Warner Bros. failed to demonstra... (more story)

Clearside Biomedical, a company developing treatments for eye diseases, has filed for Chapter 11 protection in Delaware bankruptcy court with $64 million in debt, saying it will attempt to sell its business during the case.

Home furnishing retailer American Signature Furniture filed for Chapter 11 protection in Delaware on Saturday with a plan to close 33 of its stores and sell the remainder of its business to affiliates of its current owners.

Rusoro Mining has accused Gold Reserve, a fellow creditor of Venezuela, of trying to undermine an auction process in Delaware federal court for Citgo Petroleum Corp.'s parent company "in any manner possible, and at any cost."

A Florida bankruptcy judge on Friday declined to halt an adversary class action against a Texas bank accused of aiding the alleged $100 million theft from a special needs trust, allowing document discovery to ... (more story)

A Texas bankruptcy judge Friday approved amended Chapter 11 financing for auto dealership lender PrimaLend Capital Partners that smooths over new objections from unsecured creditors by suspending debt payments... (more story)