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March 20, 2026
The bankruptcy estate of casual dining chain TGI Fridays can seek votes on its Chapter 11 liquidation plan, a Texas bankruptcy judge said Friday, setting up a confirmation hearing for May 1.
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March 20, 2026
Echo Payment Systems Inc. has filed for Chapter 7 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware, seeking to liquidate its assets and wind down operations, and the company will not attempt to reorganize but instead pursue an orderly liquidation under court supervision.
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March 20, 2026
A New Jersey state appeals court has refused to pause its decision disqualifying the Beasley Allen Law Firm from representing plaintiffs in multicounty litigation over Johnson & Johnson's talc-based baby powder, according to a court order.
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March 19, 2026
A Texas bankruptcy judge agreed Thursday to give interim approval to a $184 million debtor-in-possession loan in Fat Brands' Chapter 11 case, and also approved a connected stipulation that temporarily removes the restaurant group's CEO.
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March 19, 2026
Pallet company Palltronics is urging a Michigan federal court to deny a rival firm's request for more discovery in their trade secret dispute, arguing the request is unnecessary, premature and filed in bad faith.
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March 19, 2026
A California luxury real estate investment company has filed for Chapter 11 protection in California with about $155 million in debt a day ahead of a foreclosure sale of its most prominent property, rapper Kanye West's former beach home.
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March 19, 2026
The Office of the U.S. Trustee and law firm Jackson Walker LLP on Wednesday resolved the bankruptcy watchdog's opposition to a series of settlements tied to a romantic relationship between a former Jackson Walker attorney and a now-retired bankruptcy judge.
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March 19, 2026
Zynex Inc., a pain management medical device maker, received confirmation Thursday of its Chapter 11 plan, which reduces its debt by about $50 million and turns over the company to its creditors.
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March 18, 2026
Del Monte secured a New Jersey bankruptcy judge's permission Wednesday to take creditors' votes on a Chapter 11 plan that would wind down its remaining business, about a month after the canned food company won approval of deals to sell its assets.
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March 18, 2026
A split Fourth Circuit panel ruled Wednesday that requiring a consumer debtor to arbitrate credit card collection actions would interfere with the clear purpose of the federal bankruptcy code, upholding a pair of lower court rulings that found alleged automatic stay violations by Goldman Sachs Bank should be dealt with through bankruptcy adversary proceedings.
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March 18, 2026
Former Ruby Tuesday managers are urging the U.S. Supreme Court to review their dispute alleging Regions Bank lost them $35 million in retirement plan benefits that were liquidated in bankruptcy, saying an appellate court erred in denying them monetary relief.
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March 18, 2026
A former bank CEO can't file another amended complaint against First Horizon Bank claiming he was set up as a scapegoat in the legal fallout of a $1.2 billion Ponzi scheme, a Florida appeals court ruled Wednesday.
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March 18, 2026
A telecom company has asked a Delaware bankruptcy judge to let it delay a $100 million payment owed to satellite operator Inmarsat, arguing that Inmarsat's alleged breach of a key settlement agreement undermined the value of the deal and caused potentially significant harm.
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March 18, 2026
Fox Rothschild LLP has bolstered its ability to help clients facing major financial challenges with the addition of a Dallas-based partner who brings more than four decades of experience in bankruptcy and restructuring matters.
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March 18, 2026
The Connecticut Supreme Court will not hear a challenge to the two-week suspension of Alex Jones' former lawyer, leaving intact an intermediate Appellate Court decision affirming the pared-down punishment surrounding his law firm's handling of Sandy Hook Elementary School massacre victims' personal information.
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March 17, 2026
A Texas federal judge ordered three of Jackson Walker LLP's former bankruptcy clients Tuesday to explain by next month what would happen to money from potential vacaturs or sanctions against the law firm if the estates close after their contested deals get approved.
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March 17, 2026
A federal judge in Manhattan cautioned retired Stanford Law School professor Barbara Fried, the mother of convicted FTX founder Sam Bankman-Fried, that she cannot make filings on behalf of her son in his bid for a new trial, saying she has not filed an appearance with the court.
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March 17, 2026
Bankrupt cryptocurrency company BlockFills received interim authority to use the cash collateral of its secured lenders Tuesday as it began its pursuit of a customer-led restructuring in Delaware bankruptcy court.
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March 17, 2026
The U.S. Trustee had its request granted in New York Bankruptcy Court to reopen a small Chapter 11 case amid an attorney ethics probe, as it searches for about $344,000 that was reportedly deposited into the trust account of a lawyer overseeing the disbursement of estate funds that were allegedly never distributed.
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March 17, 2026
Nuclear energy producers including Constellation Energy, DTE Energy, Duke Energy and NextEra Energy have urged the Maryland federal court to toss a proposed class action alleging they conspired to fix wages in a scheme that workers say spanned "100% of the nuclear power generation labor market."
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March 17, 2026
A Texas bankruptcy judge Tuesday agreed to give interim approval for fiber manufacturer The Lycra Company LLC to tap into $50 million of its $75 million in debtor-in-possession financing as the company moves toward a quick debt restructuring.
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March 17, 2026
Baker & Taylor, a 198-year-old book distributor, sought bankruptcy protection in New Jersey with at least $100 million in liabilities after the COVID-19 pandemic, litigation and a loan default forced it to shut down operations last year.
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March 16, 2026
The Trump administration on Monday asked a Massachusetts federal judge to toss a pair of lawsuits challenging a change to eligibility requirements for student loan forgiveness, calling the potential repercussions from the new rule "speculative."
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March 16, 2026
Former executives of pharmaceutical company Lannett Inc. and a class of investors have asked a Pennsylvania federal court to grant final approval to their $5.8 million deal to end claims the company and its leadership misled about Lannett's links to allegations of industrywide price-fixing in the market for generic drugs.
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March 16, 2026
The developer of a 900-unit housing project in the Bronx that was awarded a $55 million state grant in October has filed for bankruptcy to stop a foreclosure sale, blaming what it called "treachery" in the transfer of a senior mortgage, in the second such filing the company brought in recent months.