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Liability release objections on Monday prompted a delay in and agreement to revise Chapter 11 confirmation plans for bankrupt Texas power station Panda Temple Power LLC, after a large pension fund branded the company's proposed releases as improp read more

A request to reject contracts with component makers for a large observation wheel in New York City will be heard later this month after a Delaware bankruptcy judge on Monday deferred a decision on the motion made by the designer and builder of the pr read more

The U.S. Supreme Court on Monday declined to hear a lender's appeal of a Ninth Circuit en banc decision that said the intended use should govern the value assigned to a proposed affordable housing development in a bankruptcy cramdown. read more

Bankrupt radio giant Cumulus Media Inc. should be required to revise language in its Chapter 11 plan solicitation materials to clear up concerns over broad third-party litigation releases and how creditors might avoid consent to those provisions, an read more

While each new year is expected to bring fresh challenges to the legal industry, 2018 will be particularly disruptive to the status quo. Both law firms and organizations that cater to the legal community should prepare for developments like increasin read more