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Latest News in Bankruptcy

• March 06, 2026

  Calif. Judge Blasts Ex-Venture Capitalist In Axing SVB Suit

  Convicted venture capitalist and self-described "Silicon Valley's party animal" Michael Rothenberg's conduct in his lawsuit against the Federal Deposit Insurance Corp., acting on behalf of the failed Silicon Valley Bank, "consisted almost entirely of ignoring or frustrating" his litigation obligations, a California federal judge ruled in throwing out the case.

• March 06, 2026

  Compression Sock Seller Hits Ch. 11 With $6M Of Debt

  Ziviea, a Florida-based online retailer of compression socks, filed for Chapter 11 protection Friday, reporting more than $6 million of debt and a decline in revenue last year.

• March 06, 2026

  Buffalo Diocese HQ Auction Set Despite Leaseback Concerns

  A New York bankruptcy judge approved the bidding procedures for the sale of the headquarters of the Roman Catholic Diocese of Buffalo, which includes a $4.5 million stalking horse bid with a leaseback provision.

• March 06, 2026

  Del Monte Lenders Challenge Ch. 11 Settlement Approval

  A group of minority lenders to food producer Del Monte has appealed the green light a New Jersey bankruptcy judge gave to a creditor deal last month, weeks after arguing the agreement forfeited causes of action that could be worth more than $200 million.

• March 06, 2026

  Texas Justices To Weigh LLC Exemption For Ch. 7 Appeal

  The Texas Supreme Court on Friday agreed to help the Fifth Circuit resolve a bankruptcy case appeal by determining if a limited liability company governed by Texas law qualifies as exempt property in a bankruptcy proceeding.

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