As chapter 15 of the Bankruptcy Code quickly approaches its 20th anniversary in a global economy, the volume of cross-border bankruptcy cases has rapidly escalated. With multinational companies having ...

Recent SDNY cases support using opt-out procedures for third-party releases in Chapter 11, aligning with courts that see silence or inaction as consent under federal law. The Supreme Court’s Purdue ...

Yellow Corp., once a US transportation leader, won court approval of its bankruptcy plan following two years of contentious litigation and pension disputes.

Purdue Pharma LP’s years-in-the-making bankruptcy plan and multibillion-dollar settlement with the drugmaker’s Sackler family ...

Jack Nicklaus’s former company has filed voluntary Chapter 11 bankruptcy cases after the golf legend won a $50 million award ...

ALBANY, N.Y. (NEXSTAR) — New York Governor Kathy Hochul signed legislation on Friday to ensure that billions in opioid settlement money gets spent on addiction treatment, prevention, and recovery ...

Purdue Pharma LP won court approval to exit bankruptcy, capping six years of legal wrangling over a multibillion-dollar ...

One of the largest law firms to face scrutiny over its lawyers' use of artificial intelligence avoided sanctions in a federal ...