The U.S. Trustee's Office asked a New York bankruptcy judge to reject Spirit Airlines' bid to take a Chapter 11 plan to a vote, saying the debtor's disclosure statement regarding the plan is too thin.

Lenders and unsecured creditors to Inspired Healthcare Capital have told a Texas bankruptcy court it is too soon in the senior-living facility group's Chapter 11 case to appoint a mediator, arguing its mandato... (more story)

Saks Global Enterprises LLC on Tuesday secured a Texas bankruptcy judge's approval to sell a company jet for $6 million in the luxury retailer's Chapter 11 case.

Pharmacy services provider Omnicare's choice of a $250 million stalking horse bid for its assets was approved Tuesday by a Texas bankruptcy judge, setting up a possible auction in May.

Biotech investor Apple Tree Life Sciences Inc. asked a Delaware bankruptcy judge to let it use $7 million from a larger funding motion she has yet to rule on, saying it needs the money for operating expenses a... (more story)

A Texas bankruptcy judge on Monday denied a motion by Louisiana's Blue Cross affiliate to quash discovery requests concerning what the litigation trustee for bankrupt hospital chain Steward Health says are at ... (more story)

Rapper Cardi B has urged a Florida bankruptcy judge to sanction Tasha K, alleging the bankrupt YouTuber has been defying the terms of her own Chapter 11 Subchapter V plan by continuing a pattern of disparaging... (more story)

Lowenstein Sandler LLP expanded its newly launched Wilmington, Delaware, office this week with the addition of a four-attorney bankruptcy team from Polsinelli PC, including the former co-chair of Polsinelli's ... (more story)

Chinese property developer Kaisa Group is asking a New York bankruptcy judge to extend U.S. recognition to a restructuring of its $15.7 billion in debt that it underwent last year after being hit with Chinese ... (more story)

JPMorgan, Barclays and Fifth Third have urged a New York federal judge to toss an investor suit claiming the banks ignored flaring red flags and helped conceal a sprawling subprime auto loan fraud by Tricolor ... (more story)

Texas-based multifamily housing developer Lurin has retained a team from Porter Hedges LLP to represent it and its affiliates after entering bankruptcy with over $73 million in debt to stave off impending foreclosures.

A federal judge ruled that a former employee of a bankrupt esports company cannot pursue a Connecticut wage claim against the company's CEO in that state, saying it would impose an "immense burden" on the Cali... (more story)

The co-founders of a defunct online legal adviser failed to block a creditor's demand for a £920,000 ($1.25 million) loan repayment, as a London court on Tuesday rejected their "vague and unparticularized" cla... (more story)

A Florida bankruptcy judge delayed confirming a cosmetic company's reorganization plan Monday after a creditor protested that its claim was inequitably subordinated in favor of a lender, which agreed to conver... (more story)

Battery recycling company Ascend Elements has filed a proposed bidding procedures motion in its Texas Chapter 11 case, seeking to hold a hearing for a sale of its assets by May 17.

The Chapter 7 trustee for Aspiration Partners Inc. has sued investors who have alleged in California state court that the company's co-founder and others defrauded them, telling a Delaware bankruptcy court the... (more story)

A New York federal judge on Friday paused the U.S. Securities and Exchange Commission's civil suit against an Indiana man accused of participating in a $200 million Ponzi scheme, ruling that allowing discovery... (more story)

Catch up on this past week's key developments by state from Law360 Real Estate Authority — including the law firms that led real estate and hospitality deals in the first quarter, and examples of how tariffs a... (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)