Dec 11
The Chapter 11 case of diamond distributor Exelco NV was dismissed Monday after a Delaware judge said the cases would more properly be administered in Belgium, where the company is based and where insolvency proceedings began prior to the American fi read more
Dec 11
The former owner of defunct home builder Dunmore Homes Inc. has been hit with an order in a California federal court directing him to cough up millions of dollars that he allegedly has stashed overseas, in order to satisfy a $16 million judgment Trav read more
Dec 11
A Nestle bottled water unit on Monday lost an appeal seeking to invalidate an arbitration claim brought by a distributor that later reorganized in bankruptcy, as a Sixth Circuit panel found the debtor had provided enough detail to preserve the claim read more
Dec 11
The Delaware bankruptcy judge presiding over the massive Energy Future Holdings Corp. case rejected Monday a bid by would-be buyer NextEra Inc. to halt his decision not to award a $275 million breakup fee during an appeal process, saying that su read more
Dec 11
Gawker Media LLC might live to fight again after a group of the bankrupt publisher’s former employees on Monday unveiled a plan to crowdfund $500,000 to buy their old domain name at a scheduled auction in New York bankruptcy court. read more
