Editors’ Note: In March 2026, the Chapter 7 trustee for Polished.com sued former chief executive Albert Fouerti and 12 other former officers and directors in the United States Bankruptcy Court for the District of Delaware, seeking more than $200 million. At the center of the complaint is one payment: the $180 million Polished sent to Fouerti when it closed its $222 million acquisition of Appliances Connection in June 2021. The trustee says the company did not get anywhere near what it paid for. This article traces the full record behind […]

If you sold goods or services to a customer that filed Chapter 11 in the last two years, the window to prepare is right now. It closes the day the demand letter arrives.

Unsealing a superseding eight-count indictment on 6/24, the DOJ has revived the ‘Financial Kingpin’ statute in its prosecution of Tricolor Founder.

Contract law is about holding people to their promises. Bankruptcy law does just the opposite.

A bipartisan bill would raise debt limits for Subchapter V and Chapter 13 bankruptcies, expanding access to lower-cost reorganization options.

Understanding bankruptcy avoidance actions and the defenses available can make a significant difference for companies facing litigation exposure.

The post-Purdue lesson is that the enforceability of a third-party release may depend not only on what the release says, but on where and how it was approved.

A recent Fourth Circuit decision is instructive for multiemployer plans and the employers that contribute to them when there is a bankruptcy filing.

The Supreme Court’s recent decision in the Hertz case underscores that a solvent debtor cannot have it both ways.

A nonconsensual third-party release approved by a Mexican court can be enforced in the United States under Chapter 15 of the Bankruptcy Code.