Dec 21
Lawsuits brought by New Mexico, Hawaii and the U.S. Virgin Islands against bankrupt Takata over its dangerously defective airbags can proceed now that a Delaware bankruptcy court has agreed to lift a temporary stay it put in place last month. read more
Dec 21
The U.S. Securities and Exchange Commission on Thursday accused a Florida-based fund owner of running a $1.2 billion Ponzi scheme that spanned at least five years. read more
Dec 20
The unsecured creditors of bankrupt coal producer Armstrong Energy Inc. on Tuesday asked a Missouri bankruptcy court to let them investigate what they say are suspicious transactions involving Armstrong, nondebtor affiliate Thoroughbred Resources L.P read more
Dec 20
Puerto Rico must resume monthly interest payments to holders of public pension bonds, the judge presiding over the territory’s bankruptcy-like cases ruled Wednesday, keeping on a temporary spigot for those investors while they fight for an adeq read more
Dec 20
The unsecured creditors of bankrupt Metro Newspaper Advertising Services Inc. objected to its proposed Chapter 11 plan Wednesday in New York bankruptcy court, over provisions that would prevent the creditors from trying to claw back funds from the de read more
