Major changes to the Insolvency and Bankruptcy Code (IBC), focusing on Section 29A's "blood relation" rules, are anticipated ...

Gov. Ned Lamont promises that a UConn Health bid for Waterbury Hospital will come 'very soon' as Prospect's finances worsen.

The bankruptcy trustee for Girardi Keese struck a settlement with Tom Girardi’s brother resolving a fight over fees from ...

The bankrupt auto-parts seller said it would shut down if it can’t access fresh capital.

Plus, a new insurance-funded private capital group emerges and how to make money getting cash out of Hong Kong ...

First Brands Group lawyers said the company needs access to its roughly $600 million of remaining bankruptcy financing to keep the auto-parts firm from shutting down immediately.

First Brands Group lawyers said the Rochester Hills-based company needs access to its roughly $600 million of remaining ...

Financing deal prompts fight between creditors over terms that could reward some while leaving others with little ...

The management team that took over First brands as well as debtors of the once fast-growing Cleveland auto parts supplier have sued its founder and CEO, saying that they now know where at least some ...

The IBC has undergone six major amendments since its enaction in 2016. This time around, the 2025 IBC Amendment Bill could ...