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Global plastics resin supplier M&G USA Corp. on Tuesday disclosed the full scope of an earlier-launched Delaware Chapter 11, reporting $1.7 billion in debt owed by a dozen companies and seeking a $100 million debtor-in-possession loan in part to read more

At oral arguments Tuesday, the U.S. Supreme Court wrestled with a narrow legal question that may determine the fate of Chapter 11 cramdown plans around the country: how should appellate courts review a bankruptcy judge’s finding that a creditor read more

As widespread claims of sexual misconduct continue to surface in the entertainment industry and beyond, a discussion of how judges treat workplace discrimination cases may be particularly timely. Here, U.S. District Judge John McConnell reviews the b read more

There remains some debate as to whether events of default can be cured in the absence of, or after the lapse of, an express cure period in credit agreements, and there is little judicial discussion on this specific scenario, say attorneys with Mayer read more

The Chapter 11 plan of bankrupt power station owner La Paloma Generating Co. LLC received court approval Monday in Delaware over the objection of junior creditors who claimed the plan and a settlement with senior creditors were unfair. read more