More corporate bankruptcies involving over $1 billion in assets were filed in the first half of 2025 than any other six-month period since the outset of the Covid-19 pandemic, with some distressed companies blaming decreased consumer demand and inflation, according to a new report.
A bankruptcy filing from a group of companies related to ailing
Genesis Healthcare warned that mounting fees from law firms working for an unsecured creditors’ committee and patient care representatives could push its Chapter 11 bankruptcy into administrative insolvency.
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Wind turbine manufacturer TPI Composites Inc. is seeking to sell its assets in bankruptcy, a pivot from its original strategy to restructure its balance sheet and exit as a viable business.
Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.
Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.
Through the legal tactic, known as the Texas Two-Step, corporations have been able to use bankruptcy to avoid mass tort liability. In this video we look at how it works, the reasons why plaintiffs' attorneys hate it, the reasons that companies and their lawyers use it, and how courts have ruled on it so far.
Jackson Walker LLP reached two settlements totaling nearly $1 million to resolve disputes stemming from the Texas law firm’s failure to disclose an intimate relationship between a former partner and a now-resigned bankruptcy judge.
Brazilian waste-management company
A bankruptcy filing from a group of companies related to ailing
Ecuador’s past two presidents both tried to slash onerous diesel subsidies, only to be forced into climb-downs by mass protests. Now
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