Opinion: The US Supreme Court's determination the insurance-neutrality approach in bankruptcy hearings is "conceptually wrong ...
Recent SDNY cases support using opt-out procedures for third-party releases in Chapter 11, aligning with courts that see ...
In 2024, the U.S. Supreme Court handed down a long-awaited ruling regarding the validity of nonconsensual third-party releases in the chapter 11 plan of pharmaceutical company Purdue Pharma, Inc. and ...
Canned-food giant Del Monte Foods filed for bankruptcy on Tuesday, the company announced in a statement. Del Monte Foods began voluntary Chapter 11 proceedings and entered into a restructuring support ...
The most significant company to file for bankruptcy protection was popular seafood restaurant chain Red Lobster, which filed ...
A popular Italian restaurant chain with nearly 60 restaurants across the U.S. has filed for bankruptcy, according to court documents. Bravo Brio Restaurants LLC, which operates Brio Italian Grille and ...
Sunnova, a Houston-based solar energy company, has filed for Chapter 11 bankruptcy days after laying off more than half of the company’s workforce. A subsidiary of the energy company filed petitions ...
LINCOLN, Neb. (KOLN) - Two Nebraska Claire’s locations, and two Icing locations, are among the hundreds of stores Claire’s will close as part of its Chapter 11 bankruptcy proceedings. In a court ...
In May, the City of San Luis Obispo condemned 1150 Laurel Lane for multiple code violations, forcing tenants to vacate after losing an appeal to the city's Construction Board of Appeals. Now, owner ...
THE VILLAGES, Fla. – A major health care group that caters to The Villages retirement community has filed for Chapter 11 bankruptcy as it tries to sell to a major health group and deals with hundreds ...
In the recent case of Phillips v. Josmic 2 (In re ONH AFC CS Investors), the U.S. Bankruptcy Court for the District of ...