A Texas law firm embroiled in the messy aftermath of a secret romance between one of its partners and a Houston federal ...

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The troubled US budget carrier Spirit Airlines has filed for “bankruptcy protection” after losing more than $2.5bn since 2020 – and failing to secure deals with two possible suitors.

Spirit expects to continue operating business as usual while it navigates a prearranged, streamlined Chapter 11 process, which is a declaration of bankruptcy while it reorganises its company and ...

Either way, attorneys must be prepared to provide forward-thinking legal advice about bankruptcy whenever insolvency is on the horizon. Eugene Volokh is the Thomas M. Siebel Senior Fellow at the ...