First Brands Group won access to $600 million of remaining bankruptcy financing, which company lawyers said was needed to prevent the company from immediately shutting down.

Me’s bankruptcy estate won court approval to remove about 157,000 potentially fraudulent claims for compensation from the DNA testing firm over a 2023 data breach that exposed private customer data.

First Brands, a bankrupt auto parts maker, received court approval for $600 million in rescue financing after resolving disputes with creditors. The company, accused of financial irregularities, faces ...

As high prices persist and wages fail to keep up, consumers are dealing with mounting debt in an already slowing economy.

In a decision of first impression, the U.S. Bankruptcy Court for the Northern District of Illinois (the court) imposed ...

NCLT Kochi orders liquidation of the Corporate Debtor [M/s. Malayalam Vehicles India Pvt. Ltd.] as duly approved by CoC and Resolution Professional of Corporate Debtor appointed as Liquidator to carry ...

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

Private credit lenders are easing loan terms on existing deals in hopes of staving off costly restructurings, at the risk of ...

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

An expert estimated that the approximately 600 abuse claims are worth a total of about $1.2 billion. The settlement agreement ...

First Brands Group lawyers said the Cleveland-founded company needs access to its roughly $600 million of remaining ...

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