PG&E Corp. has reached a $13.5 billion settlement with victims of wildfires ignited by its power lines, a major step toward resolving the biggest utility bankruptcy in U.S. history.

Fracking sand supplier Emerge Energy Services LP can’t confirm a corporate restructuring plan until it removes provisions that could cause creditors and equity holders to give up potential litigation claims without consent, a Delaware bankruptcy court ruled.

Forever 21 Inc.’s effort to finance its exit from bankruptcy is hitting resistance from some prospective investors over lagging sales at its remaining stores and who will control the fashion chain.

The U.S. Supreme Court agreed to rule on the constitutionality of Delaware’s requirement of a partisan balance on its top courts, which play an outsize role in American corporate governance.

Weil Gotshal & Manges LLP’s $17.8 million fee for representing Ditech Holding Corp. in its Chapter 11 reorganization case should be substantially reduced, the Justice Department’s bankruptcy watchdog told a New York federal court.

Creditors urging Windstream Holdings Inc. to reject its lease agreement with Uniti Group Inc. are making an “extremely dangerous bet” that the bankrupt telecom company would never be evicted from essential network assets, according to a new court filing by Uniti.

Puerto Rico is in a waiting game.