The cash-strapped city of Chester had been hoping the water authority sale would be its route out of bankruptcy.

A Baltimore attorney who helped develop and execute a plan to transfer assets away from an insolvent company he directed owes the federal government nearly $1.9 million, a judge ruled.

Learn more here about finding the best bankruptcy attorney.

The company, founded by namesake makeup artist Pat McGrath in 2015, filed for Chapter 11 bankruptcy on Jan. 22, according to ...

Some young people on TikTok are framing bankruptcy as a life-changing win. Financial experts say the process should be ...

The justices blocked the city’s financial guardian from unilaterally forcing a transfer of the Chester Water Authority’s ...

The Supreme Court’s message was unmistakable: public water belongs to the public!” Noël Brandon, board chair of the Chester ...

Jefferies Strategic Investments LLC sued to lower the repayment priority of $176 million in tax claims against hedge fund manager George Weiss in bankruptcy.

A Philadelphia Court of Common Pleas jury is slated to hear opening arguments on Tuesday in a case claiming that a ...

Genesis HealthCare selected 101 West State Street LLC after it outbid the stalking horse bidder, Genie 3 Partners LLC, ...

The Supreme Court will not hear Hertz's challenge of a lower court decision, putting it on the hook for millions in interest ...

Hourly rates for bankruptcy lawyers are topping $3,000, contributing to soaring chapter 11 costs that have prompted more companies to turn to faster out-of-court restructurings. Major law firms have ...