August 22, 2025 - In M Design Vill. v. Versant Funding LLC (In re M Design Vill.), Adv. No. 24-01639, 2025 WL 2088887 (Bankr. D.N.J. July 24, 2025), the United States Bankruptcy Court for the District ...
Genesis HealthCare has until Dec. 27 to agree to new bankruptcy bid terms with its creditors — ideally naming a new bidder to beat — or face two highly unwelcome alternative sale possibilities.
In examining these rules, the court made two notable holdings. First, the court held that Rule 2003(e) does not contain a “bright line” test that deems a meeting of creditors concluded if notice of ...
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Why US bankruptcy filings increased in the second half of 2025? Here is all you need to know
Bankruptcy filings in the US have been rising steadily in 2025 telling us about the growing financial pressure on both households and businesses. According to the Administrative Office of the US ...
Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...
(CN) — In his classic 1926 novel “The Sun Also Rises,” Ernest Hemingway says you go bankrupt in two ways — gradually, then suddenly. Likewise, the hundreds of thousands of U.S. businesses and ...
The outlook for the United States does not look good. From January to September 2025, a total of 69 large US companies filed for bankruptcy, according to recent data compiled by Intellizence. The ...
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