The Chapter 11 trustee for Miles Guo has urged a Connecticut bankruptcy judge to preserve an adversary action seeking to claw back more than $353,000 that he alleged the Chinese exile fraudulently gave to Jaso... (more story)

A Delaware Chancery Court judge on Tuesday invalidated an annual meeting where a board election was held by directors of Golden Mountain Financial Holdings, restoring the preelection boards of the venture, whi... (more story)

The official committee of asbestos claimants in the Chapter 11 case of Georgia-Pacific unit Bestwall told the Fourth Circuit that the company's bankruptcy should be tossed because commitments to fund asbestos ... (more story)

Jackson Walker LLP told a Houston judge Tuesday that the U.S. Trustee's Office "wants everyone to play by the rules except for [itself]" in a discovery dispute connected to a former Texas bankruptcy judge's se... (more story)

A California federal jury on Tuesday convicted disbarred attorney Tom Girardi on all four counts of wire fraud, finding that the former titan of the plaintiffs bar misappropriated $15 million of his clients' settlement funds.

Celsius Network on Tuesday told a New York bankruptcy judge it has distributed more than $2.5 billion of its former customers' assets in its Chapter 11 case, approximately 93% of the amount it owes ex-customer... (more story)

Latham & Watkins LLP tapped Joe Zujkowski, a BigLaw veteran and former co-head of the domestic restructuring practice at O'Melveny & Myers LLP, as a partner in New York.

A federal prosecutor told a California federal jury during closing arguments in Tom Girardi's criminal fraud trial Monday that the now-disbarred attorney lied to his clients "over and over and over again" in o... (more story)

The U.S. Trustee's Office has lodged an objection to FTX's Chapter 11 plan with 10 reasons why the proposed resolution for the mammoth crypto bankruptcy is flawed, including releases that are overbroad and don... (more story)

The Roman Catholic Diocese of Norwich, Connecticut, told a bankruptcy judge that a Chapter 11 plan proposed by unsecured creditors is unconfirmable and fighting over competing plans will drain estate resources... (more story)

A Delaware bankruptcy judge on Tuesday agreed to approve the Chapter 11 liquidation and wind-down plan of defunct internet service provider GigaMonster, finding the plan's third-party releases and overall cred... (more story)

The corporate owner of a luxury Manhattan condominium complex has filed for Chapter 11 in a New York bankruptcy court in what it says is an attempt to resolve the disputed bankruptcy filing of the partnership ... (more story)

Tobacco grower cooperative U.S. Tobacco Cooperative Inc. will go into mediation with Axis Specialty Insurance Co. as part of a lawsuit brought by the grower alleging the insurer has refused to pay $10 million ... (more story)

The Eleventh Circuit has agreed with a Georgia bankruptcy court's finding that a defunct company's bitcoin mining facility was worth more than $700,000, saying the lower court correctly valued the property usi... (more story)

A North Carolina federal judge has granted $1.1 million in fees for attorneys from McCarter & English LLP and Womble Bond Dickinson who represented a swimming pool salt system supplier in a trial against a com... (more story)

A Connecticut bankruptcy judge has denied a nearly two-and-a-half-year-old motion to remove a Chapter 7 trustee from an Irish developer's $942 million bankruptcy, saying the developer's appellate losses and a ... (more story)

Shareholders of Joonko Diversity Inc., a recruitment firm that uses artificial intelligence, have objected to the company's proposed Chapter 11 liquidation plan, saying the proposal includes releases of claims... (more story)

A Texas bankruptcy judge on Monday approved Italian restaurant chain Buca di Beppo's bidding procedures, setting up the possibility of an auction in early October.

Cryptocurrency miner Rhodium filed for Chapter 11 protection in a Texas bankruptcy court with more than $50 million in debt.

Tom Girardi has urged a California federal judge to toss the majority of the wire fraud charges he is facing ahead of closing arguments in his trial, saying a 1960 U.S. Supreme Court case demonstrates he was c... (more story)