In the Celsius avoidance litigation, the Bankruptcy Court for the Southern District of New York ties Section 550 recovery to whether a transferred asset gained or lost value, whether the...

A Texas bankruptcy court confirmed QVC Group's prepackaged plan over a preferred-shareholder objection, holding that a global intercompany settlement negotiated by independent disinterested directors cleared Rule 9019 under business judgment...

On remand from the Fifth Circuit, the bankruptcy court held that the participating lenders breached the credit agreement's pro rata sharing provision and awarded the excluded and LCM lenders $261.13...