U.S. Bankruptcy Court for the Southern District of Texas


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iHeartMedia seeks approval for funds from $450 million debtor-in-possession facility

By Kyla Asbury | May 30, 2018

HOUSTON – iHeartMedia Inc. filed a motion for entry of an order in which it is seeking to obtain post-petition financing with Citibank in an attempt to pay back its pre-bankruptcy asset-based lenders and fund its Chapter 11 bankruptcy case.

Commodity prices, judges' protocol draw major bankruptcy cases to Texas district

By Carrie Salls | Aug 9, 2016

HOUSTON – The U.S. Bankruptcy Court for the Southern District of Texas has seen a boom in major Chapter 11 bankruptcy filings this year, particularly from companies in the energy sector.

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