News

The Chapter 11 confirmation of shoe retailer Aerogroup International Inc. was delayed Thursday in Delaware court as debtor attorneys asked for more time to reach agreement with two parties objecting to the company’s plan of reorganization. read more

The Playboy Playmates and other professional models suing a Tampa-area swingers club for allegedly using their likenesses without permission asked a Florida federal court Wednesday to freeze the club's assets after its owners threatened to file f read more

A Delaware bankruptcy judge on Thursday allowed Hobbico Inc. interim access to its up to roughly $72 million debtor-in-possession financing package, which the remote control model distributor hopes will help fund a post-petition sale process that wil read more

Bankrupt women’s jewelry and accessory retailer Charming Charlie Inc. received final approval Thursday in Delaware for its post-petition financing packages after a judge overruled the objections some landlords made to the timing of rent payment read more

The Third Circuit on Thursday revived a bid from the bankrupt developer of a failed Foxwoods casino project in Philadelphia to recoup a $50 million licensing fee paid to the state more than a decade ago. read more