Jazz Pharmaceuticals and Hikma Pharmaceuticals appear bound for trial against most solo insurer and class action antitrust claims over alleged efforts to block generic competitors to Jazz's Xyrem narcolepsy dr... (more story)

Bankrupt nursing home operator Petersen Health Care told a Delaware judge Wednesday that it wanted more time to work towards a resolution with creditors and the U.S. Trustee's Office on its proposed executive ... (more story)

A California bankruptcy judge ruled Tuesday that the defunct Orange County debt relief law firm Litigation Practice Group operated a "criminal enterprise" and possibly a Ponzi scheme, a finding that representa... (more story)

The U.S. Supreme Court on Wednesday refused to reinstate President Joe Biden's latest student loan debt relief program, leaving the $475 billion plan on ice until the Eighth Circuit decides whether the adminis... (more story)

Farella Braun & Martel LLP can go after the Federal Deposit Insurance Corp. for $49,000 in legal fees owed by Silicon Valley Bank's parent after the agency was appointed as the bank's receiver, a California fe... (more story)

An auction house announced Wednesday that parts of the Boy Scouts of America's former art collection, including a number of Norman Rockwell pieces, will go on the auction block in November to pay for claims by... (more story)

Sweden-based airline SAS has exited bankruptcy with a lighter balance sheet and some $1.2 billion in new investments, the airline said Wednesday, completing its Chapter 11 after a New York bankruptcy judge in ... (more story)

The Chapter 11 trustee for Miles Guo has urged a Connecticut bankruptcy judge to preserve an adversary action seeking to claw back more than $353,000 that he alleged the Chinese exile fraudulently gave to Jaso... (more story)

A Delaware Chancery Court judge on Tuesday invalidated an annual meeting where a board election was held by directors of Golden Mountain Financial Holdings, restoring the preelection boards of the venture, whi... (more story)

The official committee of asbestos claimants in the Chapter 11 case of Georgia-Pacific unit Bestwall told the Fourth Circuit that the company's bankruptcy should be tossed because commitments to fund asbestos ... (more story)

City National Bank of Florida sued a Louisiana-based Applebee's franchisee and three of its subsidiaries for $8.3 million, saying in a complaint filed Wednesday in Florida federal court that the companies defa... (more story)

A Delaware bankruptcy judge said Wednesday she would give interim approval to a $10 million debtor-in-possession financing package for Nuvo Group USA Inc., the maker of a remote pregnancy monitoring band that ... (more story)

A New York bankruptcy judge on Wednesday said she will approve the Chapter 11 plan of the U.S. subsidiary of renowned French luxury fashion house Anne Fontaine once the plan is updated to account for deals the... (more story)

A Delaware bankruptcy judge on Tuesday agreed to approve the Chapter 11 liquidation and wind-down plan of defunct internet service provider GigaMonster, finding the plan's third-party releases and overall cred... (more story)

The corporate owner of a luxury Manhattan condominium complex has filed for Chapter 11 in a New York bankruptcy court in what it says is an attempt to resolve the disputed bankruptcy filing of the partnership ... (more story)

Tobacco grower cooperative U.S. Tobacco Cooperative Inc. will go into mediation with Axis Specialty Insurance Co. as part of a lawsuit brought by the grower alleging the insurer has refused to pay $10 million ... (more story)

Jackson Walker LLP told a Houston judge Tuesday that the U.S. Trustee's Office "wants everyone to play by the rules except for [itself]" in a discovery dispute connected to a former Texas bankruptcy judge's se... (more story)

The Eleventh Circuit has agreed with a Georgia bankruptcy court's finding that a defunct company's bitcoin mining facility was worth more than $700,000, saying the lower court correctly valued the property usi... (more story)

A California federal jury on Tuesday convicted disbarred attorney Tom Girardi on all four counts of wire fraud, finding that the former titan of the plaintiffs bar misappropriated $15 million of his clients' settlement funds.

Latham & Watkins LLP tapped Joe Zujkowski, a BigLaw veteran and former co-head of the domestic restructuring practice at O'Melveny & Myers LLP, as a partner in New York.