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French oil services firm CGG received approval from a New York bankruptcy court on Tuesday to implement a Chapter 11 plan designed to restructure nearly $3 billion worth of debt after resolving a last-minute objection raised by the U.S. trustee&rsquo read more

A Chinese real estate investor walked away from a $160 million malpractice suit against its former attorneys at Becker & Poliakoff PA after a Florida federal court hinted at sanctioning the company for failing to produce requested documents. read more

The unsecured creditors committee in CST Industries Holdings Inc.'s Chapter 11 case took issue Monday with the storage tank maker's bid to pay executives bonuses court papers indicate could be up to a total of $2.1 million, arguing the brass just r read more

The federal judge overseeing Puerto Rico’s bankruptcy-like restructuring process has appointed a fee examiner to review many of the expense and fee requests submitted by attorneys working on the landmark, $123 billion case. read more

A Delaware Chancery judge on Monday approved a $20 million settlement of derivative claims connected to Indian solar project deals made by one of bankrupt SunEdison Inc.’s yieldcos, and awarded the suing shareholder’s side $4 million in a read more