The managing partner of White and Williams LLP's New York office has taken on the role of chair of the firm's financial restructuring and bankruptcy practice, where she plans to focus on improving the practice... (more story)

Chilean mobile phone operator WOM SA received a Delaware bankruptcy court's approval of its Chapter 11 plan disclosure statement on Thursday after resolving all objections from the U.S. trustee and an ad hoc g... (more story)

A bipartisan coalition of states on Thursday announced a $7.4 billion settlement in principle with the Sackler family and their company Purdue Pharma Inc., representing the largest settlement to date with the ... (more story)

National hospital chain Prospect Medical Holdings on Wednesday told a Connecticut federal judge that its recent Texas bankruptcy filing means a suit over a collapsed $435 million deal to sell its Connecticut-b... (more story)

The daughter of bankrupt billionaire Miles Guo on Tuesday lost her appeal of a Connecticut bankruptcy judge's ruling that the $10 million she reaped from the sale of a private jet is the property of her father... (more story)

Pennsylvania's highest court on Wednesday ruled a trial court had reasonable grounds to halt plans by now-bankrupt hospital operator Prospect Medical Holdings Inc. to discontinue emergency and acute care servi... (more story)

Infowars host Alex Jones has asked Connecticut's highest court to review a $1.44 billion judgment for calling the Sandy Hook school massacre a "hoax," arguing his trial judge violated the state and federal con... (more story)

A New York bankruptcy judge has ruled a suit alleging Celsius Network founder and former CEO Alex Mashinsky caused the now-bankrupt cryptocurrency lender billions in damages can go forward in the wake of Mashi... (more story)

Genetic testing company Natera has launched an adversary lawsuit against Invitae, a competitor that sought insolvency protection last year, asking a New Jersey bankruptcy judge to stop Invitae's Chapter 11 pla... (more story)

Defunct trucking company Yellow Corp. said it has reached a settlement with some former employees who claimed they were terminated without proper notice, as the debtor began a trial in Delaware bankruptcy cour... (more story)

Reed Smith fought back Tuesday against allegations by the purported new owners of Eletson Holdings that the BigLaw firm is "causing chaos" by refusing to withdraw as counsel of record in $102 million breach-of... (more story)

The official committee of unsecured creditors in drugmaker Nostrum Laboratories Inc.'s Chapter 11 case has asked a New Jersey bankruptcy judge for additional authority to help investment bank Raymond James fin... (more story)

WeWork founder Adam Neumann's latest venture, a real estate company called Flow Life, bought a 16-acre Miami development site in a court-ordered sale for $70.5 million, or double an initial stalking horse bid ... (more story)

Silverview Credit Partners LP has filed an involuntary Chapter 7 petition in Delaware bankruptcy court against Blackford ATM Ventures, a Pennsylvania-based operator of a network of ATMs, claiming the company o... (more story)

The owner of a now-defunct LED screen distribution company lied to his Korean manufacturing partner about repaying an over $10 million debt in order to keep receiving shipments and pay himself a hefty salary, ... (more story)

A New York bankruptcy judge has refused a fee bid and ordered a debtor's firm to return a nearly $30,000 retainer in a scathing opinion that warns lawyers against tiptoeing into bankruptcy practice and slams c... (more story)

Film producer John P. Middleton has asked Delaware's Court of Chancery to appoint a receiver for The Film Capitol LLC, a partnership he formed in 2013 to provide funding for a production project with actor Casey Affleck.

The Fourth Circuit has backed a $31 million default judgment entered against a former NASCAR team manager as a sanction after what the published opinion called "egregious behavior" during discovery and "willfu... (more story)

The co-chair of White and Williams' bankruptcy practice group has joined Stradley Ronon Steven & Young LLP in Philadelphia, the firm announced Tuesday.

Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2024, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughou... (more story)