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A group of employee pension funds urged a New York bankruptcy court on Monday to reject a construction contractor's request for $135 million in debtor-in-possession financing, saying the proposed creation of a new superpriority lien may preclude read more

The fight for appointment of an official equity committee in the tangled bankruptcy case for some of Paragon Offshore’s drilling subsidiaries heated up Monday, with the shareholder pushing for its formation accusing the debtor of trying to whis read more

Bankrupt mobile broadband provider Limitless Mobile LLC’s proposed Chapter 11 plan will hinge on the outcome of a longstanding fight over the size of the federal government’s claim, after a last-minute settlement fell through ahead of a c read more

Avaya Inc. said Sunday that it is ready to confirm a Chapter 11 turnaround plan at a New York bankruptcy court hearing this week with support from all of its major creditor constituencies after hashing out plan amendments during court-ordered mediati read more

Two California counties and a city announced Sunday they’ll appeal a bankruptcy court’s decision to shield post-bankruptcy Peabody Energy from liability for driving long-term, possibly irreversible damage to the climate, as three dozen ot read more