There are multiple ways that big companies can run out of money. The variety has inspired lawyers to design ingenious ways to ...

Steinmetz Plumbing, Inc., a Texas-based plumbing business, has elected to proceed under Subchapter V of Chapter 11.

Prosecutors allege that executives at the chain of used car dealerships engaged in "a series of frauds directed at each of ...

Ex-St. Clare’s Hospital Corp. President Joseph Pofit also filed for bankruptcy. Punitive damages phase postponed at civil ...

Genesis HealthCare's bankruptcy case in Dallas will allow the nursing home chain to avoid paying millions of dollars it ...

A pending lawsuit against banks the disgraced ex-attorney did business with is now the last hope for many of his former ...

A former Gold Coast lawyer who claimed he was broke to avoid paying his debts while living in a mansion and being linked to ...

Federal prosecutors filed criminal fraud charges against two top executives at Tricolor Auto, and two other executives have ...

Federal prosecutors have charged top executives at the subprime auto lender Tricolor with conspiring to defraud lenders and investors of the now-bankrupt company.

Before IBC, defaulting carried little consequence. Loans piled up and banks bled money. The Insolvency and Bankruptcy Code ...

Companies facing financial distress use a variety of strategies to avoid bankruptcy. They often focus on cutting costs, ...

Opinion: With limited appellate guidance, the insurer exception in the Bankruptcy Code remains a case law driven area that restructuring practitioners should continue to watch closely.