In a recent decision in In re Harvest Sherwood Food, the U.S. Bankruptcy Court for the Northern District of Texas addressed all of these issues, and held a litigation funder that advanced $35 million ...

The International Association of Machinists and Aerospace Workers objected to Omnicare LLC’s proposed asset bidding ...

Genesis HealthCare said on Monday that an insider bid had won a bankruptcy auction for all of its assets, which would allow ...

Ten months of waiting for the prospective buyer of Roger Williams Medical Center and Our Lady of Fatima Hospital to close the ...

A judge in Texas has dealt litigation funder Burford Capital a setback in its bid to collect on a $35 million investment in ...

Energy LLC, an oil and gas production company, seeks bankruptcy protection as the gap between its assets and liabilities ...

White Rock Construction Services LLC has filed for bankruptcy protection and submitted motions to use cash collateral.

Prospect Medical Holdings Inc. acquired Springfield Hospital when it bought the Crozer-Keystone Health System in 2016. It ...

Bankrupt private hospital owner Prospect Medical Holdings Inc. received court approval to sell a Connecticut hospital for $13 million in cash to a UConn Health unit.

A developer of a $2 billion, 122-acre luxury property in Arizona has filed for Chapter 11 bankruptcy in Texas. Five Star Development Properties, which is overseeing the build-out of a massive project ...

Creditors of bankrupt auto-dealership lender PrimaLend Capital Partners won a temporary halt of monthly loan payments to a firm controlled by the company’s Chief Executive Officer Mark Jensen.

An influential US senator has asked a federal watchdog to determine if Genesis Healthcare and company insiders are exploiting the Chapter 11 process and then object to a planned sale if appropriate.