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Women’s footwear maker and marketer Aerogroup International Inc. and key lenders cobbled together a proposed $21 million interim financing blueprint in the company’s Delaware Chapter 11 late Thursday, heading off an end-of-week cash crunc read more

Residential mortgage-backed securities trustees and Lehman Brothers Holdings Inc. squared off in New York bankruptcy court Thursday on the value of claims submitted in the wake of the financial crisis, with the trustees arguing that their “stra read more

Claimants seeking a cut of the $4 billion asbestos trust created by Pittsburgh Corning Corp.’s emergence from bankruptcy have reached a deal with the trust in Pennsylvania federal court, with the trust agreeing to pay roughly $178 million to se read more

An Illinois federal judge ordered four of the executives blamed for a Chicagoland casino's bankruptcy to pay the nearly $220 million they owe the Chapter 7 trustee, entering final judgment against them this week. read more

The law firm that represented Ybrant Media Acquisition Inc. in its now-dismissed Chapter 11 case does not have to return payments from an unauthorized Ybrant subsidiary, a New York bankruptcy judge ruled Thursday, saying a mistake was made but it&rsq read more