Dec 14

Milbank Tweed Hadley & McCloy LLP filed a compensation application Thursday in Delaware, saying it had incurred $5.8 million in fees and expenses for its work in representing the official committee of unsecured creditors in the Chapter 11 case of read more
Dec 14

One-time leading meat and barbecue distributor Rupari Food Services Inc. secured confirmation of its Chapter 11 plan in Delaware Bankruptcy Court Thursday, acknowledging that its cupboard was mostly bare and unsecured creditors had little prospect of read more
Dec 14

A Texas federal judge on Thursday denied a request by the court-appointed receiver of Stanford International Bank to overturn a jury decision keeping $88 million in cash in the hands of a cable and truck-racing magnate, who received it shortly before read more
Dec 14

The company contracted to design and build a large observation wheel in Staten Island, New York, reached a deal with the wheel’s owners Thursday in Delaware to allow the bankrupt design company interim access to post-petition financing to be us read more
Dec 14

Bankrupt coal producer Armstrong Energy Inc. on Wednesday asked a Missouri bankruptcy court for permission to hand out a $500-per-worker bonus to keep its mines operating in the face of impending layoff notices. read more