Purdue Pharma Files New Chapter 11 Plan in Bankruptcy Case
Purdue Pharma LP has filed a new Chapter 11 plan with the US Bankruptcy Court for the Southern District of New York, pledging ...
PG&E Underwriters' Effort to Avoid Subpoena Lands in Wrong Court
PG&E Corp. underwriters lost their bid to quash a bankruptcy court documents subpoena from investors with wildfire-related ...
Bankruptcy Court Can Convert a Case Due to a Conflict of Interest, Even in a Subchapter V
In In re Ghatanfard, the U.S. District Court for the Southern District of New York affirmed a decision by the U.S. Bankruptcy Court for the Southern District of New York converting a debtor’s ...
Forever 21 files for bankruptcy again. See 32 Texas locations that could close
As outlined in the bankruptcy filing, over 350 Forever 21 stores are set to begin the liquidation process, including 32 locations in Texas.
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in ...
USA Today1d
Forever 21 files for bankruptcy, second time in 6 years for fast-fashion retailer
F21 OpCo, the operator of Forever 21, announced the voluntary Chapter 11 filing in the U.S. Bankruptcy Court for the District of Delaware on Sunday. The company said it will begin winding down its ...
Marketing-Interactive20h
Fast fashion brand Forever 21 files for bankruptcy again
Forever 21's US operating company F21 OpCo has filed for bankruptcy for the second time in six years, implementing an orderly ...
Chester bankruptcy receiver resigns, as the city’s ‘fiscal emergency’ approaches year five
Five years after former Gov. Tom Wolf declared a “fiscal emergency” in Delaware County’s only city and appointed Michael ...
BizWest5d
Second creditor files request to dismiss Future Legends bankruptcy
On the heels of a major creditor seeking to dismiss the bankruptcy case of one of Future Legends Sports Complex’s subsidiary ...
Spirit Airlines exits bankruptcy with new financial plan and premium rebrand
Spirit Airlines has officially emerged from bankruptcy after completing a financial restructuring that reduced debt and ...
JD Supra2d
U.S. Bankruptcy Court Confirms Nonconsensual Third-Party Releases May Be Recognized Under Chapter 15 of the Bankruptcy Code
A recent Bankruptcy Court decision granted recognition to a Mexican concurso mercantile and gave full force and effect to a Mexican concurso plan ...
Telecom company Mitel files for bankruptcy to cut $1 bln in debt
Telecommunications company Mitel Networks Corp filed for Chapter 11 bankruptcy protection in Texas late Sunday, seeking to ...