U.S. Bankruptcy Courts News and Legal Updates

  • Dan Blystone
  • Yesterday
Fortress Investment Group rail venture faces restructuring risk in Florida
Private capital's push to build an intercity passenger rail business in Florida is under growing financial strain after years of expansion and heavy borrowing. Brightline, the service developed ...
  • Dan Blystone
  • 21.07.2026
Los Angeles Oceanwide Plaza sale cleared in bankruptcy process
More than seven years after construction stalled, the bankrupt Oceanwide Plaza complex in Los Angeles is cleared for sale and possible completion. The $1.2 billion project, widely known as the ...
  • Dan Blystone
  • 20.07.2026
JetBlue wins Spirit LaGuardia slots auction in New York
JetBlue is expanding its position at one of the most capacity-constrained airports in the U.S. after winning an auction for Spirit Airlines' LaGuardia flight slots. The $58.5 million bid covers ...
  • Ciaran Ryan
  • 14.07.2026
Lucid rejects bankruptcy report after share plunge
Lucid Motors is under renewed market pressure after its stock drops more than 40% intraday and trading is halted several times for volatility. The sharp move follows speculation about strategic ...
  • Ashutosh Sureka
  • 02.07.2026
Iowa bankruptcy case keeps $17.7 million debt in force after USTP sham loan probe
A bankruptcy case tied to an Iowa housing developer leaves more than $17.7 million in debt enforceable after federal scrutiny of pre-filing transfers. The court approved a voluntary waiver on June ...
  • Ciaran Ryan
  • 01.07.2026
Dish files for bankruptcy plan to cut $9bn debt load
EchoStar moves to restructure its satellite TV unit as Dish faces a near-term debt deadline and an unfinished asset sale. The filing follows spectrum disposals worth more than $40bn in 2025, while ...
  • Ciaran Ryan
  • 01.07.2026
EchoStar units file for prepackaged bankruptcy amid debt pressure
EchoStar's satellite pay-TV unit Dish DBS and its wireless subsidiaries have filed for Chapter 11 protection as the company works to manage near-term debt maturities and preserve operations. The ...
  • Ciaran Ryan
  • 29.06.2026
Saks Global shifts to high-end luxury after bankruptcy exit
After emerging from Chapter 11 last week, Saks Global is narrowing its footprint and refocusing on premium luxury retail as it tries to stabilize operations. The restructured company, now renamed ...