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The federal government faced headwinds at the U.S. Supreme Court on Wednesday while defending a roughly $16 million restitution order against a former trucking company CEO who defrauded General Electric Capital Corp., as various justices voiced skept read more

A former Opa-locka, Florida, city commissioner was sentenced to 51 months in prison Thursday for coordinating government favors in exchange for bribes as part of a bribery and extortion conspiracy that involved several officials in the impoverished M read more

Bankrupt trucking firm Jevic Holding Corp. filed a modified settlement deal late Thursday in Delaware that it said addresses a U.S. Supreme Court ruling in relation to the structured dismissal of its Chapter 11 case and provides for payments of prior read more

Energy Future Holdings Inc. told a Delaware bankruptcy judge Friday that it was nearing resolution of an objection to its Chapter 11 plan ahead of a confirmation hearing set to begin Monday, saying issues over a $275 million reserve fund could be wor read more

The trustee for bankrupt ambulance company TransCare Corp. hit Lynn Tilton and her private equity firm Patriarch Partners with a $10 million clawback suit in New York bankruptcy court Thursday, alleging the onetime owners of TransCare blew up the com read more