News

The Delaware bankruptcy judge presiding over the Takata case ruled Monday that state and government agencies will not be exempted from a five-day extension of a litigation freeze connected to the debtor’s dangerously defective airbag inflators. read more

A bankrupt natural gas storage complex in Wyoming won a Delaware judge’s approval Monday to put a last-ditch, $16.5 million sale plan to a creditor and investor vote, while acknowledging that substantial opposition will likely blow up the optio read more

Lenders to the failed production company behind “American Idol” who accuse 21st Century Fox and Apollo Global Management of siphoning off its assets and leaving creditors with scraps as part of a complex merger of production companies the read more

In Merit Management v. FTI Consulting, the U.S. Supreme Court is reviewing the Seventh Circuit's decision holding that the Section 546(e) safe harbor does not protect from avoidance a transfer that is conducted through a financial institution where read more

The Chapter 11 trustee of F-Squared Investments Inc. on Friday said a pair of excess insurers owe it $7.7 million for the costs the firm ran up defending against the Securities and Exchange Commission action that bankrupted it, arguing the insurers a read more