Bankruptcy

Bankruptcy Law360 provides breaking news and analysis on bankruptcy law. Coverage includes corporate bankruptcies and out-of-court restructurings, as well as corporate distress and imminent bankruptcy and policy developments that affect bankruptcy law.



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Latest News in Bankruptcy

  • December 11, 2024

    US Trustee Wants To Pump Brakes On Spirit Airlines Ch. 11

    The Office of the U.S. Trustee has objected to the pace of Spirit Airlines' Chapter 11 case, saying the ultra-low-cost carrier's bankruptcy is too large and complex for the court to allow a rush to a combined confirmation and disclosure statement hearing in February.

  • December 11, 2024

    NRA Ordered To Reform Policies After NY Misconduct Verdict

    A New York judge ordered changes to the National Rifle Association's board structure and organizational policies Wednesday to "prevent future violations of law," following a jury verdict that found widespread financial misconduct and whistleblower retaliation within the gun group.

  • December 11, 2024

    Embattled Texas Law Firm Heading To Mediation In Ch. 11

    Troubled Houston law firm MMA Law said it will engage in mediation with litigation funders Equal Access Justice Fund LP and creditors to try to sort out issues pertaining to the firm's bankruptcy plan and other matters, days after Equal Access escaped a class action involving MMA Law.

  • December 11, 2024

    DA Says Allegheny County Pension System Risks Insolvency

    The Allegheny County employee retirement coffers could run out of money within 15 years, the Pennsylvania jurisdiction's top prosecutor warned in a lawsuit seeking to make the county and the retirement board fix the allegedly floundering system.

  • December 11, 2024

    Yellow Corp. Seeks OK For $192.5M Truck Terminal Sales

    Trucking group Yellow Corp. has asked a Delaware bankruptcy judge to sign off on sales of 12 owned and leased truck terminals that would bring some $192.5 million into its Chapter 11 estate.

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Bankruptcy

Areas of Coverage

  • PROCEEDINGS
  • Liquidations under Chapter 7
  • Municipal bankruptcies under Chapter 9
  • Reorganizations under Chapter 11
  • Cross-border bankruptcies under Chapter 15
  • Chapter 7 conversions
  • Out-of-court debt restructurings
  • U.S. trustee appointments
  • Law firm and restructuring firm retentions
  • Creditor committee formation
  • Debtor-in-possession financing
  • Disclosure statements
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  • Adversary proceedings
  • Creditor disputes
  • Clawback suits
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