Bankruptcy

Bondholders clash with Colt as U.S. gun maker's bankruptcy begins

Bondholders of gun maker Colt ripped into the bankrupt company's private equity owner in a court hea...

Jun 16, 2015 07:02 PM EDT

U.S. Supreme Court bars some fees sought by bankruptcy lawyers

The U.S. Supreme Court ruled on Monday that bankruptcy attorneys must bear the expense of defending ...

Jun 15, 2015 06:54 PM EDT

Minnesota Catholic Archdiocese charged over sexual abuse by clergyman

Prosecutors in Minnesota brought criminal charges on Friday against the Roman Catholic Archdiocese o...

Jun 05, 2015 07:34 PM EDT

Ernst & Young settles with N.Y. for $10 million over Lehman auditing

Ernst & Young LLP will pay $10 million to settle a New York lawsuit accusing the accounting firm of ...

Apr 16, 2015 11:11 AM EDT

GM is shielded from some ignition-switch suits, ruling finds

General Motors Co will not have to face dozens of lawsuits accusing it of concealing an ignition-swi...

Apr 15, 2015 06:22 PM EDT

RadioShack co-branding of stores with Sprint wins court approval

A plan to salvage RadioShack Corp’s RSHCQ.PK business by co-branding most of its 1,740 surviving s...

Mar 31, 2015 06:03 PM EDT

Bankruptcy judge okays disputed bonus plan for RadioShack execs

The judge overseeing RadioShack Corp's Chapter 11 bankruptcy case on Wednesday approved a revised $1...

Mar 05, 2015 10:19 AM EST

Revel Casino sale in jeopardy after U.S. court order

The planned sale of the shuttered Revel Casino in Atlantic City, New Jersey, to a Florida developer ...

Feb 07, 2015 07:57 PM EST

Fees, expenses for Detroit bankruptcy hit nearly $178 million

Detroit's historic bankruptcy, which officially ended earlier this month, cost the city nearly $178 ...

Jan 01, 2015 07:25 AM EST

Lehman trustee petitions Supreme Court over Barclays dispute

The trustee handling the liquidation of the brokerage unit of Lehman Brothers Holdings Inc filed a p...

Dec 15, 2014 07:52 PM EST

Bankruptcy commission would reduce barriers to Chapter 11 exit

Bankrupt U.S. companies would have more leeway to impose restructuring plans over creditors’ objec...

Dec 07, 2014 01:30 AM EST

Detroit wins court approval for plan to exit bankruptcy

Detroit won U.S. Bankruptcy Court approval on Friday for a road map to end its fiscal free fall and ...

Nov 07, 2014 08:54 PM EST

Turnover on NY bankruptcy court brings heightened uncertainty

The stable of judges on Manhattan's federal bankruptcy court is undergoing dramatic turnover that co...

Nov 07, 2014 08:03 AM EST

GM tells court it not liable for claims over pre-bankruptcy cars

General Motors (GM.N) said in a court filing on Wednesday that it should not have to face lawsuits b...

Nov 05, 2014 07:50 PM EST

Stockton, California, workers relieved as judge ruling secures pensions

Stockton, California, employees breathed a sigh of relief on Thursday as a judge ruled the city coul...

Oct 30, 2014 06:35 PM EDT

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