The administrator for JCPenney’s 2020 bankruptcy has sued the company’s former law firm, Jackson Walker LLP, for failing to ...

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

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

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

The company seeking bankruptcy protection faces many reputational and business challenges, the biggest of which is a loss of ...

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

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

Northvolt, a Swedish battery maker, seeks $1.29 billion from shareholders after filing for Chapter 11 bankruptcy. Facing production issues and failed funding talks, the company plans to secure ...

The restructuring landscape in 2024 demonstrated dynamic shifts, with courts across jurisdictions issuing pivotal rulings that helped ...

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

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

For overseas debtors looking to file for bankruptcy in the U.S., “basically a dollar is enough” to show a business presence.