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July 29, 2026
The U.S. Securities and Exchange Commission claimed two real estate investment trust executives raised $152 million in a fraudulent securities offering and misrepresented the company's bleak outlook in an extensive marketing campaign in Florida federal court Wednesday.
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July 29, 2026
A New York bankruptcy judge has overruled the objection from the U.S. Trustee to the employee retention plan from Sleep Number, finding that the employees aren't insiders, that the risk of them leaving was real and that it would be unfair to renege on promises to the workers.
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July 29, 2026
Buchalter PC announced that a longtime bankruptcy attorney who previously served on the firm's board of directors has been named managing partner of its San Francisco office.
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July 29, 2026
Baker Donelson Bearman Caldwell & Berkowitz PC has fortified its bankruptcy practice with a Houston-based shareholder who came aboard from Winstead PC.
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July 29, 2026
YSA Investments 1, a private lender and asset management company, has filed for Chapter 11 protection in Delaware bankruptcy court with more than $500 million in debt.
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July 28, 2026
As the Federal Reserve moves closer to giving fintech and crypto firms a direct on-ramp to its payment rails, critics inside and outside the banking industry say it needs a more robust off-ramp for those that get into trouble or fail.
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July 28, 2026
Future Legends LLC, the owner of a sports complex in Colorado, has filed for Chapter 11 protection in California with $100 million to $500 million in liabilities following legal battles with a local government, its lenders and the second-division U.S. men's soccer league, according to court filings.
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July 28, 2026
Bankrupt specialty materials maker Alkegen received permission Tuesday from a Texas judge to access part of a $630 million bankruptcy loan from existing lenders after opposition over the size of the interim package was overruled.
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July 28, 2026
The Third Circuit affirmed Tuesday that hospital owner Alecto Healthcare Services' streamlined Chapter 11 and the resulting plan confirmation withstood an appeal by a creditors' group.
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July 28, 2026
The chief financial officer for an insurance company told a Florida jury Tuesday that a stock drop for Patriot National Inc. — which is suing Simpson Thacher & Bartlett LLP for malpractice for allegedly putting together a shoddy securities offering — dramatically affected his own business as well.
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July 28, 2026
Nielsen has asked the Second Circuit to reconsider a ruling upholding an injunction in a case from Cumulus accusing it of tying sales of its national radio ratings data to its local offerings, telling the appeals court the ruling turns judges into price regulators.
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July 27, 2026
Johnson & Johnson announced Monday that it has agreed to pay some $5.5 billion to put to rest tens of thousands of lawsuits alleging its talcum powder products caused ovarian cancer, with plaintiffs' counsel calling the deal "long-delayed justice" for their clients.
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July 27, 2026
A Delaware federal bankruptcy judge has allowed FTX's bankruptcy estate to continue to try to claw back a $1.76 billion payment to the cryptocurrency platform though she trimmed certain claims.
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July 27, 2026
The owner of a West Virginia coal-fired power plant filed for Chapter 11 relief Monday with more than $70 million of funded debt and plans to sell the facility, with the new management installed earlier this year accusing former executives of misconduct.
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July 27, 2026
Two ranching companies asked a Texas federal court for partial summary judgment in a suit alleging Hall Cattle Feeders LLC lost their cattle and refused to pay for it, saying the undisputed evidence shows that Hall breached federal agriculture law.
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July 27, 2026
A Simpson Thacher & Bartlett LLP partner wrapped up her testimony Monday in a Florida state malpractice trial brought by the founder of Patriot National Inc., telling the jury that the founder was willing to forgo establishing a floor on the value of so-called Series B warrants, which he says contributed to the company's demise.
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July 27, 2026
Kirkland & Ellis LLP has hired a mass tort restructuring duo from Jones Day in the Lone Star State, the firm announced Monday.
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July 27, 2026
An entity used to renovate a century-old Long Beach, California, hotel reached an $80.8 million settlement with a New York lender in federal bankruptcy court after filing for Chapter 11 protection last fall.
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July 27, 2026
Alkegen and dozens of affiliates filed a prepackaged Chapter 11 case in Texas bankruptcy court, where the specialty materials maker intends to cut the bulk of its $3.3 billion of funded debt obligations.
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July 27, 2026
Republic National Distributing Co., a more than century-old alcohol distributor that struggled in recent years to handle an outsized debt load, has filed for Chapter 11 protection in a Texas bankruptcy court with about $540 million in funded debt and plans to sell its remaining assets.
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July 24, 2026
A Manhattan federal judge on Friday declined to sentence the former chief operating officer of a massive Arizona sports complex to prison over his role in a $284 million bond fraud scheme orchestrated by the project's developer and his son, citing the executive's prompt and significant cooperation with prosecutors.
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July 24, 2026
A Delaware bankruptcy judge on Friday conditionally approved the disclosure statement for microbiome treatment developer Finch Therapeutics' Chapter 11 plan, allowing it to solicit creditor votes.
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July 24, 2026
Another Simpson Thacher & Bartlett LLP attorney took the stand Friday in a Florida malpractice trial brought by the founder of Patriot National Inc. to push back on the idea the founder was actually a client of the firm in the time leading up to his insurance services company declaring bankruptcy.
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July 24, 2026
Live Nation is pushing back after state enforcers told a New York federal court that a recent Second Circuit ruling in a case against Nielsen supports their antitrust claims, saying the ruling instead supports its bid to undo the jury verdict.
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July 24, 2026
Herbert Smith Freehills Kramer LLP announced Friday that it had added the leader of Haynes Boone's U.S. Supreme Court practice, who joins the firm as co-lead focused on appellate work and the nation's highest court.