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A Florida bankruptcy judge gave his blessing Thursday for Greenberg Traurig LLP to pay $5 million to the liquidation trust for Tousa Inc. to settle potential claims related to the firm's legal representation of the defunct homebuilder on an ill-fate read more

A major Mexican customer of bankrupt M&G USA Corp. has objected to what it said was M&G’s move to take up contracts of affiliates not connected with the $1.7 billion Delaware bankruptcy in a sale of debtor’s assets. read more

Three landlords leasing property to bankrupt women’s clothing and accessory retailer Charming Charlie Inc. objected Thursday to the company’s proposed lease rejection procedures, saying they didn’t allow enough time for the landlord read more

Pachulski Stang Ziehl & Jones LLP on Thursday announced that one of the founding partners of Lobel Weiland Golden Friedman LLP will head the firm’s newest California office. read more

Offshore oil rig operator Seadrill Ltd. should be required to update the solicitation ballots for its proposed Chapter 11 reorganization plan because the company has misclassified claims and left out pertinent information, the federal government' read more