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A Delaware bankruptcy judge gave Velocity Holding Co. Inc. the nod Friday to tap $25 million of its post-petition financing that the motorsports parts and apparel company hopes will help fund a rework of its more than $400 million in debt that ultima read more

Aluminum recycler Real Alloy Holding Inc. hit Chapter 11 on Friday in Delaware with more than $400 million in debt after a challenging secondary metal market and a series of one-time operational setbacks strained its cash flow and made it difficult t read more

A subsidiary of Australia's BIS Industries Ltd. filed for Chapter 15 protection in New York bankruptcy court on Friday as part of a $750 million debt-to-equity swap that will see a handful of BIS' lenders take control of the mining services c read more

Creditors of former NFL quarterback Michael Vick, who went into bankruptcy after a prison stint for participating in a dog fighting ring, received their final distribution Thursday and received almost all of what they were owed, according to the liqu read more

Courts have consistently held that social media accounts are subject to established discovery principles but are reluctant to allow parties to rummage through private social media accounts. Recent case law confirms that narrowly tailored information read more