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Beus Gilbert PLLC, the law firm that won a $213 million judgment from billionaire industrialist Ira Rennert and his Renco Group Inc. for allegedly looting a bankrupt subsidiary, faced a pair of challenges Thursday to its application for $88 million i read more

The owner of what was intended to be the Western hemisphere’s largest observation wheel filed a motion to dismiss the Chapter 11 case of the design-build team for the project Friday in Delaware, saying the case was filed as a way to escape liab read more

The Boston Herald’s pending bankruptcy sale became a horse race Friday with a Delaware judge’s tentative approval of bid procedures allowing a $200,000 deal termination fee and expense payments for a second bidder. read more

Bankrupt life insurance policy buyer Life Settlements Absolute Return I LLC told a Delaware bankruptcy judge Friday that it was seeking post-petition financing to help fund a reorganization of its business. read more

Algae-to-food developer TerraVia Holding Inc. turned the final corner in its Delaware Chapter 11 on Thursday after a sale of most assets, filing a combined disclosure and liquidation plan that offers unsecured creditors a 12.25 percent recovery on $1 read more