Saks Global and mall operator Simon Property Group informed a Texas bankruptcy court Friday they are working toward a settlement to resolve outstanding issues across the luxury retailer's lease portfolio with Simon.

More than five years after pleading guilty to conspiring to defraud the U.S. government, Purdue Pharma will be sentenced this month, according to a notice filed in the bankruptcy case of the OxyContin maker.

The New Jersey Supreme Court has declined to review a lower court's order booting the Beasley Allen Law Firm from multicounty litigation in the Garden State over Johnson & Johnson's talcum powder, according to... (more story)

American Express and a group of former directors and shareholders of bankrupt financial services provider Kabbage are asking a Delaware bankruptcy judge to let them duck a lawsuit over a $730 million merger, s... (more story)

A Texas bankruptcy judge Friday granted auto parts maker First Brands' request for permission to speedily sell several of its filter and windshield wiper brands for $25 million after an alternative bid failed to materialize.

An Irish entity of drugmaker Mallinckrodt waited too long to seek dismissal of a price-fixing lawsuit brought by states based on a lack of personal jurisdiction or proper service, a Connecticut federal judge h... (more story)

A Prager Metis equity partner who led the firm's audits of defunct crypto asset trading platform FTX has been barred, for now, from appearing or practicing before the U.S. Securities and Exchange Commission in... (more story)

Consulting firm McKinsey & Co. has agreed to pay $125 million to former client Purdue Pharma LP to settle potential claims related to its work advising Purdue on the sale and marketing of opioids, tying up ano... (more story)

A creditor group in Multi-Color Corp.'s Chapter 11 case has urged a New Jersey bankruptcy judge to delay the label-maker's confirmation hearing by at least a month, saying the debtor has run a "sham" sale proc... (more story)

A Texas bankruptcy judge on Thursday gave the go-ahead for four of First Brands' co-debtors to shift from Chapter 11 cases to Chapter 7 cases and approved a related settlement between the auto parts maker and ... (more story)

A Texas-based workforce housing developer with affiliates and executives facing litigation from lenders has filed for Chapter 11 protection in Texas bankruptcy court with over $73 million in debt.

Radio station operator Spanish Broadcasting System Inc. announced Friday it had entered into a restructuring support agreement with a majority of its secured noteholders to complete a prepackaged debt-for-equi... (more story)

Massachusetts-based battery recycler Ascend Elements has filed for Chapter 11 in Texas with upward of $143 million in debt, saying it is hard up on cash at its early stage of development and needs to reorganiz... (more story)

Unsecured creditors of mining company Vanderbilt Minerals told a New York bankruptcy judge Thursday that the company's choice of counsel should not be honored because Jones Day previously worked for nondebtor ... (more story)

Long Island nursing home operator Cold Spring Acquisition pushed back on a bid by its unsecured creditors' committee to convert its Chapter 11 bankruptcy to a Chapter 7 liquidation, arguing the committee faile... (more story)

Embattled Texas firm MMA Law has filed nearly a score of complaints amid an ongoing bankruptcy action, including accusing a Louisiana attorney, his wife and an insurer of working together to "target, dismantle... (more story)

A Maryland federal court has dismissed the remaining claims by workers in a wage lawsuit against a home healthcare provider after related bankruptcy proceedings resolved the dispute, according to court filings.

A Colorado cannabis company requested judicial oversight of its dissolution Tuesday after informing a state court judge through a motion for emergency appointment of a receiver that the company is no longer ab... (more story)

A Texas bankruptcy judge on Wednesday said he would confirm bankrupt recycler Aleon Metals LLC's Chapter 11 plan once its releases are narrowed, having concluded that the releases were consensual.

The U.S. Securities and Exchange Commission has sued the former CEO of a now-defunct organic alcohol company in Minnesota federal court for allegedly raising $2.4 million from investors after recording sham tr... (more story)