Jan 26
Bankrupt vehicle upholstery maker GST AutoLeather Inc. told a Delaware judge Friday that issues over its post-petition funding and plans to sell off its assets had been largely resolved after an aborted attempt at gaining approval for the sale last w read more
Jan 26
A California federal judge said Friday that he would end a proposed class action alleging the agency lacks the authority to assess taxes on some late-filed tax forms, finding the suit’s named plaintiff couldn’t point to imminent or concre read more
Jan 26
A Texas bankruptcy judge greenlit a deal under which Angolan state-owned oil company Sonangol EP will pay $500 million to take over Cobalt International Energy Inc.’s interests in a pair of offshore drilling blocks, resolving arbitration in whi read more
Jan 26
Mexico’s development bank has asked the Delaware judge handling M&G USA Corp.’s Chapter 11 to authorize an examination of transfers between nondebtor affiliate sites in Mexico and M&G’s bankrupt businesses, saying as much as read more
Jan 26
Four unions representing various employees at the bankrupt Boston Herald have objected to the debtor's bid to kill their collective bargaining agreements ahead of a two-bidder sale process in Delaware bankruptcy court, calling the request one-sid read more
