Multi-Color Venue ‘Loophole’ Allowed by Congress, Judge Says | Bloomberg Law -
Sixteen days before filing for Chapter 11, the Atlanta-based label maker used the bankruptcy code’s “deliberately broad” venue statue as an...more
Radio station owner Cumulus Media files for bankruptcy to cut $600 mln debt | Reuters -
The company claimed various challenges, including a lawsuit filed against Neilsen Audio over an updated 2024 policy that would require...more
Florida-Based Aviation Group Files for Chapter 11 Bankruptcy | WhatNow -
Less than a year after selling a majority stake in its Warsaw-based pilot training center, Avenger Flight Group filed for bankruptcy along with 20...more
Fat Brands, burdened with heavy debt, declares bankruptcy | Restaurant Business -
The owner of Fatburger, Twin Peaks, Johnny Rockets, and Nestle Toll House Café—among other brands—has declared bankruptcy after accruing...more
Saks Global files for bankruptcy after takeover leads to financial collapse | The Guardian -
The high-end department store conglomerate filed for Chapter 11 on Tuesday....more
In 2025, we offered our takes on the most newsworthy stories in bankruptcy law. Here are the ten posts that got the most attention from our readers. ...more
Azul wins court nod for debt restructuring, American and United to invest | Reuters -
Last Friday, a U.S. bankruptcy judge approved the Brazilian airline’s restructuring plan, which includes an equity rights offering as...more
Judge delays sale of Genesis to insider, ‘concerned’ about creditors’ claims, bidder controversy | McKnights -
The company had been seeking approval for a “stalking horse” bid submitted by an affiliate of Genesis’ private...more
Nicklaus Companies files for bankruptcy after losing in court to Jack Nicklaus | Golf Digest -
The Chapter 11 filing comes after the golf legend won a $50 million defamation lawsuit against his namesake former company....more
12/1/2025
/ Bankruptcy Code ,
Bankruptcy Court ,
Chapter 11 ,
Commercial Bankruptcy ,
Corporate Restructuring ,
Creditors ,
Debt-Equity ,
Debtors-in-Possession ,
Fraud ,
Reorganizations ,
Sale of Assets
Airbnb rival Sonder Holdings to file for bankruptcy after Marriott ends partnership | Business Insider -
Guests were ejected from ongoing bookings as Marriott made the announcement on Sunday....more
Dr. Phil Loses Trial Over His Media Startup’s Bankruptcy | The Hollywood Reporter -
The case will proceed as a Chapter 7 liquidation after a U.S. bankruptcy judge rejected McGraw’s bid to keep it in Chapter 11....more
Subprime lender PrimaLend Capital Partners files for bankruptcy protection | Reuters -
Reports from Bloomberg News had revealed that the company’s creditors were going unpaid for months....more
10/27/2025
/ Automotive Industry ,
Bankruptcy Court ,
Car Dealerships ,
Chapter 11 ,
Chapter 7 ,
Commercial Bankruptcy ,
Creditors ,
Debtors ,
Debtors-in-Possession ,
Fraudulent Transfers ,
Popular
First Brands CEO James resigns amid bankruptcy process; turnaround expert in charge | Reuters -
Newly instated Chief Restructuring Officer Charles Moore has been positioned at the company since September....more
First Brands files for bankruptcy, revealing billions of dollars in liabilities | Reuters -
First Brands bankruptcy probe investigating financing irregularities related to invoices | Reuters -
First Brands obtains...more
A Defiant Dr. Phil Takes the Stand in His Media Startup’s Bankruptcy | Hollywood Reporter -
McGraw denied claims that he drove Merit Street Media to bankruptcy as a means by which to launch Envoy Media....more
Auto dealer Tricolor files for bankruptcy, moves to liquidate | Reuters -
The auto dealer moved to liquidate its business on Wednesday, one day after Fifth Third Bank announced that it had discovered alleged fraudulent...more
Spirit Airlines files for bankruptcy for 2nd time in less than a year | NPR After emerging from a Chapter 11 reorganization in March, the airline has once again filed for bankruptcy protection. S&K Take: The big news in the...more
9/8/2025
/ Airlines ,
Bankruptcy Code ,
Bankruptcy Court ,
Chapter 11 ,
Commercial Bankruptcy ,
Corporate Restructuring ,
Creditors ,
Debt Restructuring ,
Debtors ,
Debtors-in-Possession ,
Spirit Airlines
Ripple’s tied Linqto makes a settlement offer in today’s bankruptcy hearing | Cryptopolitan -
The bankrupt company announced on Tuesday that a proposed $60 million debtor-in-possession loan—for which customer-owned shares...more
8/25/2025
/ Acquisitions ,
Asset Purchase Agreements ,
Bankruptcy Court ,
Chapter 11 ,
Commercial Bankruptcy ,
Corporate Restructuring ,
Corporate Sales Transactions ,
Creditors ,
Debtors ,
Debtors-in-Possession ,
Private Equity ,
Sale of Assets ,
Section 363
Alex Jones’ Infowars will go up for sale yet again, judge rules | CNN Business -
The Onion is set to revive its bid on Jones’s outlet and its assets after a federal judge halted the sale in December....more
8/18/2025
/ Airlines ,
Aviation Industry ,
Bankruptcy Court ,
Chapter 11 ,
Commercial Bankruptcy ,
Debt Restructuring ,
Debtors ,
Financial Distress ,
Insolvency ,
Receivership ,
Restructuring
Pro bull riding league files objection of Dr. Phil’s media bankruptcy saying it is owed $181 million | The Independent -
The Professional Bull Riders—the largest bull-riding league in the world, which had pulled out of a...more
7/28/2025
/ Athletes ,
Bankruptcy Court ,
Breach of Contract ,
Chapter 11 ,
Commercial Bankruptcy ,
Debt ,
Entertainment Industry ,
Litigation Strategies ,
Mergers ,
Sports ,
The GENIUS Act
Maverick Gaming, which owns 5 Nevada casinos, files for bankruptcy | The Nevada Independent -
The Washington-based casino and card-room operator filed for Chapter 11 bankruptcy in the Southern District of Texas on Monday....more
Del Monte Foods files for bankruptcy and will search for buyer | CBSNews -
Del Monte Foods, a nearly 140-year-old staple in canned produce, has filed for Chapter 11 bankruptcy and is seeking a buyer as part of a...more
Regeneron declines to make higher bid for 23andMe after Wojcicki's $305 million offer | Reuters -
23andMe founder Anne Wojcicki’s bid, submitted through a nonprofit she controls, remains unchallenged, setting her up to...more
Sunnova files for bankruptcy on residential solar woes | Reuters -
On Sunday, June 12, the residential solar panel installer announced that it had filed for Chapter 11 bankruptcy, making it the second company of its kind...more
Implant maker Exactech may conclude bankruptcy without TPG settlement | Reuters -
Medical implant maker Exactech adjourned its Chapter 11 plan confirmation hearing on Wednesday, delaying proceedings that would have...more