The Worker Adjustment Retraining Notification Act (“WARN Act”), as well as certain state statutes, require employers to ...

Northvolt, a Swedish battery maker, seeks $1.29 billion from shareholders after filing for Chapter 11 bankruptcy. Facing production issues and failed funding talks, the company plans to secure ...

The travel industry has faced financial distress over the last year, led by bankruptcy filings by several airlines. Low-cost ...

The restructuring deal is expected to preserve about 3,800 jobs and erase tens of millions of dollars in debt — but it would ...

Delays in insolvency proceedings not only frustrate the bankruptcy process, but also increase administrative expenses, which ...

Objections to Johnson & Johnson's talc bankruptcy plan cite the U.S. Supreme Court's decision last year invalidating nonconsensual releases in Purdue Pharma's $6 billion opioid settlement.

Northvolt filed for restructuring under the American chapter 11 process. In December, negotiations began in a court in Texas, ...

For overseas debtors looking to file for bankruptcy in the U.S., “basically a dollar is enough” to show a business presence.

The restructuring landscape in 2024 demonstrated dynamic shifts, with courts across jurisdictions issuing pivotal rulings that helped ...

The Justice Department’s bankruptcy arm opposed Steward Health Care System LLC’s application to retain Latham & Watkins LLP, ...

A Department of Justice watchdog on Tuesday challenged a popular Texas bankruptcy court's practice of approving broad legal ...

Brown Rudnick LLP and Paul Hastings LLP can’t represent a talc claimants’ committee for Johnson & Johnson’s bankrupt ...