Bankruptcy refers to a legal process that individuals or businesses can undertake when they are unable to repay their debts. It is a formal declaration that an individual or organization is unable to ...

An expert Q&A on the effects of artificial intelligence (AI) on the practice of bankruptcy law, including how AI affects the reasonableness of professional fees under section 330 of the Bankruptcy ...

NEW ORLEANS — A group of attorneys representing clergy abuse claimants involved in the Roman Catholic Archdiocese of New Orleans’ bankruptcy—which has cost the church about $40 million but remains ...

HOUSTON (AP) _ Executives from failed energy giant Enron say its total legal and accounting costs since declaring bankruptcy may top $1 billion by 2006, according to a newspaper report. The company ...

Nowhere is this more apparent than in cases involving financially distressed individuals with pending personal injury claims, or tort plaintiffs pursuing recovery against bankrupt defendants. These ...