The Uniform Law Commission (ULC) is working on a new project to address inconsistencies in state laws related to "assignments ...

Liquidation involves selling a company’s assets to pay off creditors when the business becomes insolvent. Under U.S. Bankruptcy Code Section 507, creditor claims are settled in a specific order, with ...

A handful of recent high-profile court rulings have considered whether a chapter 11 debtor is obligated to pay postpetition, pre-effective date interest ("pendency interest") to unsecured creditors to ...

BitRiver faces bankruptcy after a Russian court opens insolvency proceedings over unpaid debts, hitting the bitcoin mining sector.

A significant claim against FTX EU — previously known as K-DNA Financial Services —has been transferred to FTXcreditor in the latest development in the FTX bankruptcy case. The transfer has the ...