As Party City Holdco Inc. wades through bankruptcy, some of its most important vendors are banding together to negotiate better trade terms for a holiday the company relies on: Halloween.

After the multi-million deals with snakes, Robin Lehner and his attorney want to withhold his NHL salary from the bankruptcy filing. Now the entire procedure is being questioned by experts in the US, due to details in the bankruptcy filing - which may be incorrectly made. "This is so, so, so strange. A mystery," says Professor Nancy Rapoport.

Sullivan & Cromwell, after surviving a push to kick it off the FTX bankruptcy, stands to reap huge fees to sort out the finances of Sam Bankman-Fried’s fallen crypto empire. The Wall Street law firm has more than 150 people working on the FTX case, including 30 partners with rates that exceed $2,000 per hour, according to a court filing. Associates are billing between $810 and $1,475 per hour.

Sam Bankman-Fried and another former top FTX executive have said Sullivan & Cromwell understated the scale of its work for the exchange before its collapse, sharpening the scrutiny of the law firm’s lucrative bankruptcy appointment.

The investment bank B Riley is so determined to persuade the troubled bitcoin miner Core Scientific to avoid filing for bankruptcy that it has offered as much as $72mn in fresh financing to keep the company from seeking a court-supervised Chapter 11 restructuring.

It was hailed as the most innovative company in America, a hometown energy giant whose name graced one of Houston’s skyscrapers and the Astros ballpark.

It was hailed as the most innovative company in America, a hometown energy giant whose name graced one of Houston’s skyscrapers and the Astros ballpark.

Forty-two struggling companies paid top execs a total of $165M before sinking into Chapter 11 last year.