Bankruptcy Law360 provides breaking news and analysis on bankruptcy law. Coverage includes corporate bankruptcies and out-of-court restructurings, as well as corporate distress and imminent bankruptcy and policy developments that affect bankruptcy law.
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Latest News in Bankruptcy
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June 22, 2026
The Chapter 11 trustee overseeing the estate of billionaire fraudster Miles Guo is seeking approval of settlements reached in fraudulent transfer suits against insurance companies including Anthem Health Plans and Empire Blue Cross Blue Shield, as well as law firms like Chiesa Shahinian & Giantomasi PC and Morvillo Abramowitz Grand Iason & Anello PC.
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June 22, 2026
The bankruptcy estate trustee for two Colorado residents told a federal court there Monday that a Massachusetts debt-relief company, a loan services company and a bank are illegally operating in the state in violation of the Colorado Uniform Debt-Management Services Act.
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June 22, 2026
A Texas bankruptcy judge blocked a lawsuit in California federal court alleging Jackson Walker LLP and executives at Sorrento Therapeutics and M3 Partners conspired to forum shop in Texas so the drug developer could seek Chapter 11 protection in an "ethically compromised" bankruptcy court, ruling the suit's claims are barred by Sorrento's bankruptcy plan.
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June 22, 2026
A Connecticut federal judge Monday agreed to lift the automatic stay that has stalled an asbestos indemnification lawsuit since October 2021, granting a joint motion from the bankrupt Nash Engineering Co.'s Chapter 7 trustee and two umbrella insurers seeking declarations that they don't owe coverage.
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June 22, 2026
The U.S. Supreme Court declined on Monday to review a woman's challenge against the Internal Revenue Service over the period in which the agency can assess taxes on a taxpayer when a fraudulent third party triggers the liability.
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