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Former Dewey & LeBoeuf LLP Chief Financial Officer Joel Sanders on Tuesday was sentenced to community service and ordered to pay a $1 million fine, following his conviction on fraud and conspiracy charges for what prosecutors say was a scheme to read more

The lead plaintiff in a securities fraud case against bankrupt Performance Sports Group accused the company’s Delaware Chapter 11 equity committee Thursday of seeking to “eviscerate” a preemptive bankruptcy-recovery claim by the pro read more

Bankrupt diamond cutter and wholesaler Exelco NV and creditor KBC Bank NV agreed Friday to stand pat for now in their Belgian court dispute, as the U.S. bankruptcy judge presiding over the Chapter 11 said he was “concerned” about major in read more

Solar panel maker Suniva Inc. sought emergency bankruptcy court approval late Thursday to extend its debtor-in-possession budget and hike its DIP loan by $2.8 million, or more than 50 percent, after tapping out its original borrowing. read more

Bankrupt perfume retailer Perfumania received court approval Friday in Delaware for its proposed Chapter 11 plan that will take the company private while closing underperforming stores after a judge declined to appoint a committee of equity security read more