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The Pension Benefit Guaranty Corp. asked a D.C. Circuit panel Thursday to quash a breach of fiduciary duty claim from former Delta Air Lines Inc. pilots who say the government agency intentionally miscalculated their benefits when it took on the read more

Bankrupt algae-based food maker TerraVia Holding Inc. received interim approval Thursday in Delaware for its Chapter 11 plan disclosures so it can begin soliciting creditors for votes on the plan, which is up for confirmation in January. read more

Caesars Entertainment Corp. said Thursday it will acquire Centaur Holdings LLC in a $1.7 billion cash deal that adds Indiana’s Hoosier Park Racing & Casino and Indiana Grand Racing & Casino to the hospitality giant’s portfolio, a read more

The court-appointed liquidation trustee for the production company behind the infamous Fyre Festival asked a New York bankruptcy court on Thursday to let him subpoena the event's scandal-plagued co-founders, including rapper Ja Rule, alongside it read more

Toys R Us Inc. on Wednesday asked a Virginia bankruptcy court for permission to pay its employees up to $100 million in bonuses, saying the incentives are needed to navigate the company through a Chapter 11 holiday season. read more