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)

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)

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 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)

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)