Bankruptcy

Bankruptcy Judge Steven Rhodes granted Michigan's request for an expedited hearing on a motion to quash a request to depose Gov. Rick Snyder.

Detroit sent out its request for proposals soliciting debtor-in-possession financing to a targeted group of investors late last week but they will remain confidential.

A federal judge sided with American Airlines in agreeing to set a November trial date for the federal government's civil antitrust lawsuit against the airline's merger with US Airways Group.

Revenue bondholders would emerge unscathed under the proposed Harrisburg, Pa., financial recovery plan, Moody's Investors Service said Friday.

Calvin Grigsby is protesting Jefferson County, Ala.'s proposal to reject a claim for $1.63 billion in the county's bankruptcy case.

Lancaster County expects to pay $131 million for the Harrisburg, Pa., incinerator under a key component of the city's recovery plan, according to documents.

Lawyers for bankrupt Detroit and creditors opposed to its proposed interest-rate swap settlement met with a mediator Thursday as the city prepared to raise debtor-in-possession financing.

Distressed Harrisburg, Pa., reached an agreement in principle to transfer operations of the water and sewer system to the Harrisburg Authority public works agency.

A federal bankruptcy judge did not rule on American Airlines’ confirmation plan but indicated he was leaning towards such a move despite a federal antitrust lawsuit.

Rising bond interest rates further complicated an intricate Harrisburg, Pa., debt-reduction accord, said Mark Kaufman, receiver William Lynch's lead attorney.

Two Los Angeles-area hospitals are one step closer to becoming one after the State Attorney General gave approval for the transaction.

A federal bankruptcy judge ruled that San Bernardino, Calif., is eligible for Chapter 9 bankruptcy protection, a year after the city declared bankruptcy.

Rhode Island can pursue some but not all of money it says it lost in the 38 Studios bond fiasco, Superior Court Judge Michael Silverstein ruled.

The Harrisburg, Pa., City Council begins poring through receiver William Lynch's far-reaching recovery plan for Pennsylvania's capital.

Judge Steven Rhodes, the federal judge overseeing Detroit’s bankruptcy case, ruled this morning that Detroit can continue to access crucial casino revenues while a dispute over a settlement on the city’s interest rate swaps is settled.

The Virginia Department of Transportation and the Elizabeth River tunnels' private partner are asking the Virginia Supreme Court to reverse a lower court's ruling that planned tolls for the project and provisions of the state's transportation P3 law are unconstitutional.

Receiver William Lynch positioned Harrisburg, Pa. into the home stretch of its financial recovery effort by revealing a plan to rid the city of crippling debt.

Jefferson County, Ala.'s attorney says that rising interest rates make it "almost inevitable" that the plan to refinance defaulted sewer debt must be renegotiated.

Former Harrisburg, Pa., City Council attorney Mark Schwartz asked the IRS to halt the incinerator sale to Lancaster County, calling the deal "anti-competitive."

The Ohio Supreme Court has set Sept. 9 as the date to hear oral arguments in a case related to the constitutionality of JobsOhio, a private entity that leased the state's liquor distribution system last year.