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Nuclear energy contracting giant Westinghouse Electric Co. LLC asked a New York bankruptcy court on Wednesday to authorize amendments to its $800 million postpetition financing arrangement so it can provide emergency funding for struggling nondebtor read more

The liquidating trust for grocer Fresh & Easy has agreed to pay a claim of $2.2 million to settle putative class actions brought by about 900 California workers who said they found themselves jobless without warning, according to a joint motion f read more

O'Melveny & Myers LLP defended its roughly $2.5 million fee bid for the La Paloma Generating Co. LLC Chapter 11 in Delaware bankruptcy court Thursday against criticism from the power producer's senior creditor, arguing that the lender is read more

Steel tank-maker CST Industries Holdings Inc. secured bankruptcy court approval Thursday for $1.3 million or more in incentive or retention bonuses for key employees, over objections from unsecured creditors wary of the cost and skeptical of the just read more

Deutsche Lufthansa AG on Thursday confirmed its chief executive’s comments that the German airline is making a €1.5 billion ($1.8 billion) investment in beleaguered Air Berlin. read more