bankruptcy

Affirmation of ‘uptier rights’ of non-PTL creditors signals a likely continuation of creditor-on-creditor violence.

New York bankruptcy court approves sale of the SVB Securities business for $81m in cash and subordinated debt to Klarman-backed management group.

A US bankruptcy court has allowed for defense costs of current and former directors to be covered by insurance.

An aggressive landmark 'uptier exchange' by mutual funds, despite confusion and talk of perjury, is prevailing.

Next thing you know, private credit will be bailing out the banking system. Past experience of crises will ‘come in handy’ says one industry professional.

Creditors of individuals or corporations with cannabis interests may seek conversion of Chapter 11 cases to Chapter 7.