News

KKR has sold part of its stake in a Chinese appliance manufacturer for roughly $299 million, Deutsche Lufthansa has offered to pay €250 million for the majority of Alitalia's fleet of aircraft and half of the bankrupt airline's staff, and mult read more

The Delaware bankruptcy judge presiding over the Takata family of cases said Tuesday that he would grant the company’s Japanese parent Chapter 15 recognition over the objections of a group of plaintiffs suing over the debtor’s dangerously read more

There are at least four reasons supporting the need for some form of a mediation group within a law firm, especially firms with larger practices, according to Dennis Klein, owner of Critical Matter Mediation and former litigation partner at Hughes Hu read more

Last minute talks produced an interim breakthrough Monday on post-petition borrowing and Chapter 11 bidding for bankrupt upholstery maker GST Autoleather Inc., although tensions remain high between unsecured creditors and lenders. read more

The judge presiding over Puerto Rico’s historic restructuring proceedings ruled Monday that the territory’s insolvent electric company will remain under local government control as it restructures $9 billion worth of debt and addresses op read more