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A Texas federal judge on Thursday denied a request by the court-appointed receiver of Stanford International Bank to overturn a jury decision keeping $88 million in cash in the hands of a cable and truck-racing magnate, who received it shortly before read more

The company contracted to design and build a large observation wheel in Staten Island, New York, reached a deal with the wheel’s owners Thursday in Delaware to allow the bankrupt design company interim access to post-petition financing to be us read more

Bankrupt coal producer Armstrong Energy Inc. on Wednesday asked a Missouri bankruptcy court for permission to hand out a $500-per-worker bonus to keep its mines operating in the face of impending layoff notices. read more

Kirkland & Ellis LLP's Nicole Greenblatt successfully guided the reorganization of shoe retailer Payless ShoeSource Inc. this summer in a case that gave struggling brick-and-mortar operations hope for survival in an increasingly precarious indus read more

It used to be that hiring a good law firm was the single most important thing a company could do when facing litigation. You could now make the case that an organization's most powerful asset in prosecuting or defending a claim is its information, s read more