Meet The Attorneys Advising Cumulus Media In Ch. 11
Cumulus Media has filed for Chapter 11 protection in Texas, kicking off its second bankruptcy in a decade and seeking to slash $600 million of debt from its balance sheet. The debtor enlisted counsel from Paul Weiss Rifkind Wharton & Garrison LLP and Porter Hedges LLP to steer the case.
What's Happening In Bankruptcy Court This Coming Week
In the week ahead, bankruptcy courts will consider issues including whether to put a trustee in charge of Fat Brands' Chapter 11, if an Illinois horse track can get interim financing access and Spirit Airlines' asset auction procedures.
Under The Radar: Bankruptcy News You May Have Missed
Asbestos claimants asked the Fourth Circuit to rethink protecting a bankruptcy stay even though the debtor isn't insolvent. Creditors objected to final Chapter 11 financing approval for Inspired Healthcare Capital. And a New York appellate court rejected a bid to reargue document releases in insurance litigation related to a Catholic parish's bankruptcy.
Meet The Attorneys Advising Cumulus Media In Ch. 11
Cumulus Media has filed for Chapter 11 protection in Texas, kicking off its second bankruptcy in a decade and seeking to slash $600 million of debt from its balance sheet. The debtor enlisted counsel from Paul Weiss Rifkind Wharton & Garrison LLP and Porter Hedges LLP to steer the case.
What's Happening In Bankruptcy Court This Coming Week
In the week ahead, bankruptcy courts will consider issues including whether to put a trustee in charge of Fat Brands' Chapter 11, if an Illinois horse track can get interim financing access and Spirit Airlines' asset auction procedures.
Under The Radar: Bankruptcy News You May Have Missed
Asbestos claimants asked the Fourth Circuit to rethink protecting a bankruptcy stay even though the debtor isn't insolvent. Creditors objected to final Chapter 11 financing approval for Inspired Healthcare Capital. And a New York appellate court rejected a bid to reargue document releases in insurance litigation related to a Catholic parish's bankruptcy.
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