News

A year and a half into Health Republic's liquidation, policyholders have yet to receive any money from approved claims. We will see what the Feb. 14 return date / status conference reveals, and hopefully some of Health Republic's former polic read more

Futures brokerage MBF Clearing Corp. failed to convince a Chicago federal judge to dismiss a $33 million fraud case brought by failed investment firm Sentinel Management Corp., with the court saying Friday that MBF’s concern about Sentinel&rsqu read more

Shareholders of Breitburn Energy Partners LP told a New York bankruptcy court on Thursday that the company’s plan to sell its assets to a group of secured and unsecured creditors should not be approved because it undervalues the debtors’ read more

The court-appointed examiner in the Chapter 11 case of alleged Ponzi scheme vehicle National Events Holdings LLC has cleared one of the defunct ticket reseller’s main creditors and debtor-in-possession lender of any wrongdoing in a report filed read more

Alleged behind-the-scenes maneuvering by noteholders with ties to bankrupt Woodbridge Group — accused in a $1 billion securities fraud case — is “threatening the integrity of the bankruptcy process,” Securities and Exchange Co read more