Expert Analysis

Law School's Missed Lessons: In Court, It's About Storytelling

Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn t... (more story)

Charges Signal Tougher Stance On Execs' Bankruptcy Fraud

The recent criminal charges stemming from the Tricolor and First Brands bankruptcy cases may represent a sea chang... (more story)

5 Different AI Systems Raise Distinct Privilege Issues

A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privi... (more story)

Large Cap More

Nuclear Power Cos. Seek To Duck Wage-Fixing Class Action

Nuclear energy producers including Constellation Energy, DTE Energy, Duke Energy and NextEra Energy have urged the Maryland federal court to toss a proposed class action alleging they conspired to fix wages in... (more story)

Catching Up With New Bankruptcy Case Action

Crypto company BlockFills hit Chapter 11 after a sell-off, the developer of a Bronx housing project filed for bankruptcy to stop a foreclosure sale and a nonprofit live performance venue in Philadelphia initia... (more story)

Spandex Maker Lycra Files Ch. 11 To Slash $1.2B Debt

The LYCRA Company LLC filed for Chapter 11 bankruptcy protection in Texas on Tuesday, saying it intends to cut $1.2 billion from its balance sheet.

Trump Admin Wants Student Loan Forgiveness Suits Tossed

The Trump administration on Monday asked a Massachusetts federal judge to toss a pair of lawsuits challenging a change to eligibility requirements for student loan forgiveness, calling the potential repercussi... (more story)

Multi-Color Gets To Keep Case In NJ Due To 'Loophole'

A New Jersey bankruptcy judge on Monday denied motions that sought to transfer the Chapter 11 case of label-maker Multi-Color Corp. to another court, saying a "loophole" in the venue statute created by Congres... (more story)

Lannett Investors Seek Final OK Of $5.8M Price-Fix Probe Suit

Former executives of pharmaceutical company Lannett Inc. and a class of investors have asked a Pennsylvania federal court to grant final approval to their $5.8 million deal to end claims the company and its le... (more story)

Firms Fight Discovery In Sanctions Bid Following Eletson Row

Greenberg Traurig LLP and Reed Smith LLP have each urged a New York federal court to deny discovery requests by Levona Holdings as the company pursues sanctions against the firms following the court's vacatur ... (more story)

Saks Creditors OK $300M In Additional Ch. 11 Funds

Luxury retailer Saks Global announced Monday its senior secured bondholders approved its bid to access another $300 million in financing for its Chapter 11 case after seeing the company's postbankruptcy business plan.

Eddie Bauer Stores Get OK For Creditor Vote On Ch. 11 Plan

A New Jersey bankruptcy judge Monday gave the operator of Eddie Bauer's retail outlets permission to send its Chapter 11 plan out for a creditor vote after unsecured creditors dropped their opposition.

Wind Co. TPI's Asset Deals OK'd, Resolving DIP Default

A Texas bankruptcy judge on Monday approved two sales of the assets of wind turbine blade maker TPI Composites Inc., resolving a default from its debtor-in-possession lender as it moves toward approval of a Ch... (more story)

Mid Cap More

Book Distributor Baker & Taylor Hits Ch. 11 To Wind Down

Baker & Taylor, a 198-year-old book distributor, sought bankruptcy protection in New Jersey with at least $100 million in liabilities after the COVID-19 pandemic, litigation and a loan default forced it to shu... (more story)

American Signature OK'd For Tweaked Ch. 11 Claims Bar Date

A Delaware bankruptcy judge agreed Monday to let furniture retailer American Signature set the end of April as the deadline for claims in its Chapter 11 case, overruling an objection from the U.S. Trustee's Of... (more story)

Bronx Project Facing Sale Hits Ch. 11 To Probe 'Treachery'

The developer of a 900-unit housing project in the Bronx that was awarded a $55 million state grant in October has filed for bankruptcy to stop a foreclosure sale, blaming what it called "treachery" in the tra... (more story)

SoHo Building In NYC Hits Ch. 11, Owing $30M

The owner of a mixed-use building in Manhattan's SoHo neighborhood has filed for Chapter 11 bankruptcy with more than $30.6 million in liabilities, according to a petition filed in New York bankruptcy court.

Ill. Racetrack Hawthorne Gets 3-Member Creditors Committee

The U.S. Trustee's Office has appointed an official unsecured creditors committee in a Chicago-area horse track's Chapter 11 case, selecting three horse racing industry creditors.

Crypto Selloff Sends Trading Platform BlockFills To Ch. 11

Cryptocurrency company BlockFills has filed for Chapter 11 protection in Delaware bankruptcy court with up to $500 million in debt weeks after pausing customer withdrawals amid a selloff in crypto markets.

Pa. City Receiver Challenges Law That Halted Ch. 9 Utility Sale

A state law that stripped a Pennsylvania city of its ability to appoint all the members of its water authority's board was unconstitutional, the bankrupt city of Chester said in a Pennsylvania Commonwealth Cou... (more story)

Competing Plans To Move Forward In Oakland Diocese Ch. 11

A California bankruptcy judge said Friday that he wants competing Chapter 11 plans to proceed in parallel in the case of the Roman Catholic Diocese of Oakland, telling the debtor and the creditors committee th... (more story)

Philly Music Venue Hits Ch. 11 With Tax Liens, Lawsuits

World Cafe Live, a nonprofit live performance venue in Philadelphia, got a Pennsylvania bankruptcy judge's permission Friday to fund its Chapter 11 proceeding for two weeks after it filed for bankruptcy protec... (more story)

Chicago Hotel Operator Secures Interim Cash For Ch. 11

The owner of two Chicago hotels can access its senior lender's cash collateral to fund its Chapter 11 case, a Delaware bankruptcy judge said Friday, while a decision on BY Hotel SPE-3 LLC's proposed $1 million... (more story)