Nov 09

An insurer for the Diocese of Duluth, Minnesota, has agreed to pay nearly $9 million to settle a dispute with the diocese over coverage for sexual abuse claims against local clergy, according to documents filed in Minnesota bankruptcy court on Thursd read more
Nov 09

The former CEO of security screener Altegrity Inc. has asked a Delaware bankruptcy court to lift restrictions on company insurer payments for her defense against a post-confirmation damage suit, saying she is “unambiguously entitled” to t read more
Nov 09

Bankrupt storage and cleaning product maker Katy Industries Inc. and the Pension Benefit Guaranty Corp. will submit papers to a Delaware bankruptcy judge after a hearing Thursday on the sale of a nondebtor real estate parcel so the court can determin read more
Nov 09

A bankruptcy judge refused Thursday to allow newly bankrupt New York contractor Navillus to pay out worker bonuses at will, deferring a decision after unions holding a $76 million judgment against the company said the power might be used to unfairly read more
Nov 09

Bankrupt mobile broadband provider Limitless Mobile LLC reached a deal Thursday with its unsecured creditors and the U.S. Department of Agriculture over the status of secured claims lodged by the government on account of grants and loans made to Limi read more