December 22, 2022
Insurers who didn't sign on to the Chapter 11 plan of the Boy Scouts of America slammed the $2.5 billion settlement trust in an appellate briefing, cryptocurrency exchange FTX said it will begin seeking clawback of prepetition distributions, and cosmetics giant Revlon Inc. reached a deal with creditors for a Chapter 11 plan. This is the week in bankruptcy.
December 20, 2022
A Delaware bankruptcy judge said on Tuesday that she would approve bankrupt regional air carrier ExpressJet Airlines' plan to exit Chapter 11 with an equity sale as soon as it resolves an objection by the U.S. Trustee's Office over who will pay the office's fees.
September 15, 2022
Bankrupt regional air carrier ExpressJet Airlines LLC told a Delaware bankruptcy judge Thursday that it is preparing to put its stock of airplane parts on the market and plans to finalize the sales by mid-November.
September 02, 2022
The yearslong dispute between Sears and its former CEO ended with a deal, the Boy Scouts of America took a giant leap toward confirmation, and crypto investment platform Celsius wants to release $56 million of digital assets. This is the week in bankruptcy.
August 26, 2022
Bankrupt regional carrier ExpressJet Airlines LLC landed a fast-tracked Delaware bankruptcy court approval Friday for up to $450,000 in key employee retention bonuses, telling a judge it faces potentially disastrous worker defections without authorization to supplement their pay.
August 23, 2022
Regional carrier ExpressJet Airlines filed for Chapter 11 protection in Delaware bankruptcy court, saying it was unable to get its business back off the ground after losing its contract with United Airlines in 2020.
August 23, 2022
Regional carrier ExpressJet Airlines filed for Chapter 11 protection in Delaware bankruptcy court Tuesday with plans to liquidate its operations, saying it was unable to get its business back off the ground after losing its contract with United Airlines in 2020.