A person in possession of a debtor’s property upon a bankruptcy filing now has more guidance from the Supreme Court as to the effect of the automatic stay. In City of Chicago, Illinois v. Fulton, 141 ...

The Bankruptcy Code includes special protections for real property lessees whose lease agreements are rejected in bankruptcy by a trustee or chapter 11 debtor-in-possession ("DIP") by giving a lessee ...

Mexican carrier Aeromexico, which filed for Chapter 11 bankruptcy protection in the United States at the end of June, said on Thursday in a statement it is seeking debtor-in-possession financing.

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May 29, 2025 - In In re Signia, Ltd., No. 24-1214 TBM (Bankr. D. Colo. May 14, 2025), the United States Bankruptcy Court for the District of Colorado weighed in on whether alter ego veil-piercing ...

PLANO, Texas--(BUSINESS WIRE)-- J. C. Penney Company, Inc. (OTCMKTS: JCPNQ) today announced that it has received authorization from the U.S. Bankruptcy Court for the Southern District of Texas, in ...

Scandinavian operator SAS has entered a formal investment agreement with a Castlelake and Air France-KLM consortium, and will replace its debtor-in-possession financing from Apollo with a new ...

RadioShack Corp will use a $285 million debtor-in-possession (DIP) financing from DW Partners LP, a credit-focused fund manager, to back its operation during Chapter 11, according to a company ...

LONDON--(BUSINESS WIRE)--Cineworld Group plc and its subsidiaries (the “Group”) (LSE: CINE), a leading cinema operator in 10 countries including the United States and the United Kingdom with 747 sites ...