Struggling with overwhelming debt? A bankruptcy lawyer can help you understand your options and get a fresh financial start. Explore guides on Chapter 7, Chapter 13, debt discharge, and how bankruptcy affects your credit, assets, and future.
Braskem S.A. and its creditors are closer to a deal than at any point in their talks, but there is no signed agreement. As of October 26, 2026, the Brazilian petrochemical company is negotiating about US$10.9 billion in unsecured financial obligations through an out-of-court process in Brazil. Documents released Saturday, October 24, reportedly show competing…
The U.S. Securities and Exchange Commission (SEC) has proposed distributing $48.8 million to investors harmed by Nikola Corporation’s misleading statements. You cannot file a claim yet. The SEC is taking public comments on the proposed plan until November 12, 2026. If the Commission approves it, the proposed claims period is 180 days from the initial…
Disney expects to spend about $180 million over three years on pay and retention for roughly 65 former Character.AI employees, according to a term sheet filed in Character Technologies’ Chapter 11 case. That money does not go to the bankruptcy estate. The estate would receive $20 million from Disney Worldwide Services, Inc. for a perpetual,…
Getty Images Holdings, Inc. announced on October 12, 2026 that it plans to restructure through a prepackaged Chapter 11 bankruptcy, backed by up to $533 million in new equity from members of the Getty family and affiliates of Koch Equity Development. If completed, the company would go private. As of the announcement, the bankruptcy petition…
The Picklr, the indoor pickleball club franchisor, has entered Chapter 11 bankruptcy. Its parent company, Picklr, Inc., filed on October 9, 2026, and the related company Picklr Clubs, Inc. filed separately on October 10, 2026, both in the U.S. Bankruptcy Court for the Northern District of Texas under Subchapter V. The company has said clubs…
LIV Golf has secured a new financial commitment as it tries to survive Chapter 11 bankruptcy and return as a restructured league in 2027. But the headline $300 million figure needs context. Court filings show that BC Partners has made an initial $4 million participation, while the broader restructuring contemplates up to $300 million in…
True Food Kitchen and affiliated companies filed for Chapter 11 bankruptcy on October 4, 2026, in the U.S. Bankruptcy Court for the Southern District of Texas. The company closed 12 restaurants and says its remaining 34 restaurants across 14 states are open and serving guests. It plans a court-supervised sale process. Official case information: https://cases.stretto.com/FRCBalance…
Highlands Community Charter and Technical Schools, a Sacramento-area nonprofit that mainly serves adult students, filed for Chapter 11 bankruptcy on October 4, 2026, in the U.S. Bankruptcy Court for the Eastern District of California. It filed while disputing a California State Auditor finding that it received more than $180 million in K-12 funding it was…
A federal judge has dismissed Insight Terminal Solutions LLC’s lawsuit seeking at least $1 billion from the City of Oakland. But the reason matters: U.S. District Judge Benjamin B. Beaton ruled on September 30, 2026 that the bankruptcy court lacked subject-matter jurisdiction, vacated its earlier summary-judgment ruling and dismissed the case without prejudice. He did…