Satellite communications company Ligado Networks is trying to finance its bankruptcy with a high-fee loan that would eat up $100 million that could otherwise be used to repay creditors, according to ...

Court documents show the company filed for Chapter 11 late last year after TD Bank began foreclosure proceedings.

J.C. Penney’s bankruptcy administrators argue that fees should be returned after Jackson Walker didn’t disclose the romantic ...

Two attempts by Johnson & Johnson to resolve approximately 60,000 talcum powder lawsuits through bankruptcy courts have ...

With a court order from Judge Christopher Lopez, Audacy has officially completed its restructuring process under Chapter 11.

Objections to Johnson & Johnson's talc bankruptcy plan cite the U.S. Supreme Court's decision last year invalidating nonconsensual releases in Purdue Pharma's $6 billion opioid settlement.

The Worker Adjustment Retraining Notification Act (“WARN Act”), as well as certain state statutes, require employers to ...

The restructuring deal is expected to preserve about 3,800 jobs and erase tens of millions of dollars in debt — but it would ...

Bankruptcy laws are federal laws. This means that when you have any ... If the entity filing for divorce is a company with a huge debt, it may file for Chapter 11. This chapter helps keep the business ...

The Justice Department’s bankruptcy arm opposed Steward Health Care System LLC’s application to retain Latham & Watkins LLP, ...

The travel industry has faced financial distress over the last year, led by bankruptcy filings by several airlines. Low-cost ...

The firm exited Chapter 11 six weeks later with more than 800 stores and its debt nearly halved to about $555 million, according to court documents. Joann said at the time that the bankruptcy plan ...