Oct 31
Nutrition supplement chain Vitamin World put off a final approval ruling on its $25 million bankruptcy loan for a third time Tuesday, prompting a caution from lender agent Wells Fargo that a default, and tough decisions, are imminent. read more
Oct 31
Attorneys for MF Global Holdings Ltd. will be spending their winter in the North Atlantic, after a New York federal court on Monday denied the defunct brokerage’s bid to undo a bankruptcy court order that sent a coverage dispute with Allied Wor read more
Oct 31
Telecom giant Avaya Inc. received clearance Tuesday from a New York bankruptcy judge to begin soliciting creditor votes on an updated Chapter 11 reorganization plan that came together with input from groups of creditors during court-ordered mediation read more
Oct 31
Global plastics resin supplier M&G USA Corp. on Tuesday disclosed the full scope of an earlier-launched Delaware Chapter 11, reporting $1.7 billion in debt owed by a dozen companies and seeking a $100 million debtor-in-possession loan in part to read more
Oct 31
At oral arguments Tuesday, the U.S. Supreme Court wrestled with a narrow legal question that may determine the fate of Chapter 11 cramdown plans around the country: how should appellate courts review a bankruptcy judge’s finding that a creditor read more
