NEW YORK CITY — Six Flags Entertainment says it has emerged from Chapter 11 bankruptcy protection. The amusement park operator sought bankruptcy protection in June, burdened by high debt

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The number of bankruptcies involving primarily business debts soared last year, according to figures released by the federal judiciary.

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U.S. Court of Appeals, Second Circuit Bankruptcy Sanctions In Re Kalikow Real Estate 08-5268-bk Appealed from the Southern District of New York Background: The appeal is from a judgment of the district court, which affirmed orders of the U.S. Bankruptcy ...

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The negative equity that Chapter 13 debtors had in a trade-in vehicle was not subject to the “cramdown” power of the bankruptcy judge, the Sixth Circuit ruled in reversing judgment.

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ALBANY — The New York State Court of Appeals Chase Manhattan Bank wasn't obligated as a trustee for Enron noteholders to make sure information in the failed energy giant's reports was accurate.

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As more individuals and businesses succumb to bankruptcy, lawyers will have to get in line with other creditors to recover their legal fees.

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Even though the bankruptcy discharge of student loans require a finding of undue hardship in an adversarial proceeding, a lender cannot challenge the discharge of a loan absent such a finding if it was not appealed in a timely manner, the U.S. Supreme Court ruled this week.

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The U.S. Supreme Court is set to decide how some bankruptcy payment plans are calculated. The case involves a 10th Circuit ruling, which said that a Chapter 13 debtor’s pre-petition income ...

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Giant debt-collection firm Mann Bracken LLP has been placed into receivership, and a Maryland court-appointed receiver will now have broad powers to wrap up its affairs.

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