As bricks-and-mortar retailers face their biggest crisis yet, with a record number collapsing into bankruptcy even before the Covid-19 pandemic, one man is embracing them with both arms.

Creditors of Briggs & Stratton Corp. are looking to block the engine maker’s request for final approval of a $677.5 million bankruptcy loan, saying it could be used to force through a below-market sale of the company.

Citigroup Inc. has recovered less than half of a $900 million payment it mistakenly wired to Revlon Inc. lenders, some of whom are locked in a bitter fight with the struggling cosmetics giant.

The Judicial Conference of the United States has published proposed changes to the Federal Rules of Bankruptcy Procedure, featuring style changes and new rules for the new small business reorganization law enacted last year.

Indian lenders rushed to be included in a case involving recovery of $19 billion of past dues from telecom companies after a Supreme Court judge questioned banks’ right to sell insolvent carriers’ airwaves.

Whiting Petroleum Corp. will emerge from bankruptcy Sept. 1 with a $750 million credit line after a Houston court approved its Chapter 11 bankruptcy plan.

Utah is moving forward with a plan that could result in broad changes in how law is practiced in the state—including allowing tech entrepreneurs and other nonlawyers to own legal operations.