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A federal judge is expected to rule on whether the city of Stockton, California is eligible for bankruptcy protection.

The Supreme Court held in Stern v. Marshall that bankruptcy courts "lack[] the constitutional authority to enter a final judgment on a state law counterclaim".

Curtis James Jackson, III, better known as rapper 50 Cent, filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court, District of Connecticut ("Bankruptcy Court") on Monday, July 13th.

Michael Sweet was a featured guest on Bloomberg TV to discuss the recent bankruptcy filing by the city of Detroit. While the interview can be found in the July 19, 2013, episode of Bloomberg TV, a synopsis is noted below.

On July 9, the Seventh Circuit ruled that the IDOR cannot collect delinquent retail and sales taxes from the proceeds of bankruptcy sales of several businesses because the IDOR did not present evidence of how much...

The saga of Mt. Gox and the exchange’s descent into insolvency is familiar to anyone that is interested in bitcoin, as that has dominated the bitcoin news for many months.

On October 19, 2015, Judge Brendan L. Shannon issued an opinion defining the value of a "mobile" asset; in this case, a mobile home.

A New York federal judge agreed to discontinue Thelen LLP trustee Yann Geron's clawback suit against another law firm after both parties notified the court that they had reached a settlement in the matter.

In his latest article for The Bankruptcy Strategist titled, "Third Circuit's Mootness Debate Avoids Reversal of Confirmation Order," Schulte Roth & Zabel of counsel Michael L. Cook explains the Third Circuit's dismissal of two tort claimants' appeals in the Boy Scouts of America reorganization case on the ground of statutory mootness.

Michael Viscount, Brent D. Chicken and Raymond M. Patella were featured in the Fidelity Investments Research article...

In this episode of the TMA Chicago Midwest podcast, Jamie Sprayregen, Vice Chairman at Hilco Global, shares insights from his journey in the field of restructuring, the serendipitous events that shaped his career...

Experts and non-experts alike predicted a wave of bankruptcies and insolvencies following the business disruption caused by Covid-19 in 2021.

Article III permits bankruptcy judges to adjudicate Stern claims with the parties' knowing and voluntary consent. Consent by parties also need not be in writing but can be determined through conduct.

Seth Kleinman spoke to Bloomberg Law about luxury college student housing projects, which were once feared to be in jeopardy of bankruptcy at the onset of the pandemic...

Creditors are generally aware that a debtor may shield from collection by creditors assets that the debtor holds in Individual Retirement Account.

Judicial estoppel is an equitable doctrine that allows the courts to use their inherent discretion to prohibit litigants from engaging in fraudulent activities.

Every passing month seems to bring with it a new set of "market making" events that consistently catapults the deal and debt financing economy in a new direction.