News

An affiliate of global petrochemical giant Indorama Ventures on Friday won Delaware bankruptcy court approval to serve as stalking horse bidder for M&G Polymers LLC’s West Virginia plastics plant, with a $10 million offer that also covers t read more

Officials of Puerto Rico on Friday unveiled a summary of account balances for the debt-ridden territory's various instrumentalities and touted a push for more transparency, amid heightened scrutiny over the recent discovery of nearly $7 billion i read more

Toys R Us’ unsecured creditors and the U.S. Trustee’s office have asked a Virginia bankruptcy court to deny requests to hire new financial advisers for the debtors, arguing they are unnecessary, conflicted and released from too much liabi read more

The New Jersey Appellate Division on Friday affirmed a lower court's finding that a Michigan state road agency can't reopen a Garden State insurer's decadesold liquidation case in order to recoup payouts from car crash claims, ruling that the inso read more

Facing securities charges in Florida in an alleged $1.2 billion Ponzi scheme and under pressure to accept trustee oversight in Delaware, bankrupt Woodbridge Group of Companies reported the resignation of its original independent manager and planned d read more