Jan 08

A New Jersey bankruptcy judge issued an order Friday tossing the 2014 Chapter 11 bankruptcy case of defunct children’s products manufacturer Kid Brands Inc., finding it more in the interest of the estate to dismiss the case and have the remaini read more
Jan 08

Liability release objections on Monday prompted a delay in and agreement to revise Chapter 11 confirmation plans for bankrupt Texas power station Panda Temple Power LLC, after a large pension fund branded the company's proposed releases as improp read more
Jan 08

A request to reject contracts with component makers for a large observation wheel in New York City will be heard later this month after a Delaware bankruptcy judge on Monday deferred a decision on the motion made by the designer and builder of the pr read more
Jan 08

The U.S. Supreme Court on Monday declined to hear a lender's appeal of a Ninth Circuit en banc decision that said the intended use should govern the value assigned to a proposed affordable housing development in a bankruptcy cramdown. read more
Jan 08

Bankrupt radio giant Cumulus Media Inc. should be required to revise language in its Chapter 11 plan solicitation materials to clear up concerns over broad third-party litigation releases and how creditors might avoid consent to those provisions, an read more