News

Quebec-based home improvement products maker RCR International Inc. filed a Chapter 15 petition late Thursday in Delaware seeking to protect its U.S. assets from creditors and ensure performance on key contracts while it tries for a potential sale un read more

Former Dewey & LeBoeuf LLP executive director Stephen DiCarmine is considering defending himself against the U.S. Securities and Exchange Commission's fraud claims at a possible jury trial because of "significant financial issues," read more

A New York bankruptcy judge on Thursday approved a settlement that would shake up Toisa Ltd.'s corporate governance and release the bankrupt oil fleet operator's sole shareholder from potential creditor litigation, strongly rebuking the U.S. read more

The Woodbridge Group of Cos. LLC told a Delaware judge Thursday that it had made changes to its corporate governance structure to address concerns raised by the officials committee of unsecured creditors in its Chapter 11 case. read more

A New York bankruptcy judge refused on Thursday to enforce a deal worth perhaps $1 billion between a General Motors Corp. bankruptcy trust and hundreds of people hurt because of defective ignition switches in millions of its vehicles, but not without read more