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Texas Law Firm Didn’t Disclose Possible Conflict Involving Bankruptcy Judge

Texas law firm Jackson Walker said in court filings that it was an unbiased advocate for the businesses it was guiding through bankruptcy in recent years. It never mentioned that one of its bankruptcy

Analysis: The Last Resort of Bankruptcy Is Rising among Main Street Businesses Across America

Small business bankruptcies are on the rise. Subchapter V filings — which most small businesses these days are using to reorganize a floundering business — have outpaced filings from 2022, CNBC.com

SBF Tells Jury He Didn't Take FTX Customer Money But 'a Lot of People Got Hurt'

FTX founder Sam Bankman-Fried told a jury Friday that he didn’t commit fraud and didn’t take customer funds, beginning his defense against criminal charges that he stole billions from his

Gemini Sues Genesis Over $1.6 Billion of Bitcoin Trust Shares

Crypto platform Gemini Trust Co. is suing bankrupt crypto lender Genesis Global Holdco LLC in an attempt to determine who rightfully owns a slug of shares in the Grayscale Bitcoin Trust now worth

Scilex Files Emergency Motion in Sorrento Bankruptcy Case

Scilex Holding, a subsidiary of bankrupt drugmaker Sorrento Therapeutics, said it filed an emergency motion in bankruptcy court related to its allegations that possible naked short selling of Scilex

NHL’s Coyotes Says Bankrupt Broadcaster Diamond Sports Owes It $18 Million

The National Hockey League’s Arizona Coyotes said that bankrupt sports broadcaster Diamond Sports Group owes the team nearly $18 million following the termination of its telecast deal, Bloomberg News

Changing U.S. Stance Toward Venezuela Buoys Creditors

The Biden administration’s rollback of sanctions against Venezuela is offering a helping hand to bondholders owed $63 billion from the government in Caracas, many of whom haven’t been paid a dime in

Argentina Urges U.S. Judge to Put $16.1 Billion Judgment on Hold

Argentina urged a U.S. judge not to enforce a $16.1 billion judgment arising from the government's 2012 seizure of a majority control in state-controlled oil company YPF, while the cash-strapped

Bankruptcy Judge Approves Auction for Aviation Company with Operations HQ at PTI Airport

The Miami-based parent company of charter airline iAero Airways and aviation maintenance firm iAeroTech, which combined employ 860 workers, is slated for bankruptcy auction, the South Florida Business

J&J Faces 18 Talc Cancer Trials, Prompting It Again to Weigh Bankruptcy

Johnson & Johnson faces at least 18 jury trials over the next year tied to claims of tainted talc in its iconic baby powder, prompting the company to consider a third bankruptcy filing in hopes of