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Under The Radar: Bankruptcy News You May Have Missed
The Chapter 11 trustee in Ho Wan Kwok's bankruptcy case asked a judge to find Kwok's daughter in contempt, the U.S. trustee balked at a $2 million bid protection in a flight simulator company's bankruptcy, and a Texas bankruptcy judge stepped back from reconsidering a settlement in Highland Capital's Chapter 11 case.
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Meet The Attorneys Advising Axip Energy In Ch. 11
Natural gas compression company Axip Energy Services is being advised by a team of Vinson & Elkins LLP attorneys in the company's Chapter 11 case in Texas aimed at closing on a sale of its assets.
Financial Pressures Cause Bankruptcy Filings To Spike In Jan.
Commercial and consumer bankruptcy filings in January increased significantly over their totals from a year ago, signaling a buildup of financial pressures that are causing cases to return to pre-pandemic rates, according to financial analysis company G2 Risk Solutions.
Under The Radar: Bankruptcy News You May Have Missed
The Chapter 11 trustee in Ho Wan Kwok's bankruptcy case asked a judge to find Kwok's daughter in contempt, the U.S. trustee balked at a $2 million bid protection in a flight simulator company's bankruptcy, and a Texas bankruptcy judge stepped back from reconsidering a settlement in Highland Capital's Chapter 11 case.
Meet The Attorneys Advising Axip Energy In Ch. 11
Natural gas compression company Axip Energy Services is being advised by a team of Vinson & Elkins LLP attorneys in the company's Chapter 11 case in Texas aimed at closing on a sale of its assets.
Financial Pressures Cause Bankruptcy Filings To Spike In Jan.
Commercial and consumer bankruptcy filings in January increased significantly over their totals from a year ago, signaling a buildup of financial pressures that are causing cases to return to pre-pandemic rates, according to financial analysis company G2 Risk Solutions.
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Large Cap More
The Roman Catholic Archdiocese of San Francisco is asking a California bankruptcy judge to approve a more than $10 million settlement of two sexual abuse claims the judge allowed to go forward in state court last year.
Bankruptcy courts are set to tackle in the coming weeks issues ranging from an exchange of discovery requests flung between FAT Brands and a noteholder group, US Magnesium's request to sell a turbine package a... (more story)
An attorney who represented conspiracy theorist Alex Jones has asked a Connecticut state court judge's permission to withdraw now that litigation has mostly ended in a $1.44 billion defamation challenge to Inf... (more story)
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A company that formed a real estate joint venture with bankrupt nursing home operator Genesis Healthcare can directly appeal a Texas bankruptcy judge's ruling on the scope of Chapter 11's automatic stay, the F... (more story)
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Mexican television channel TV Azteca on Thursday announced it had begun insolvency proceedings in Mexico, saying it is facing economic headwinds as well as mounting liabilities and needs to reorganize.
Fat Brands creditors that hold $990 million in debt accused it of failing to respond to its discovery requests ahead of a hearing on the creditors' motion to appoint a Chapter 11 trustee in the case.
A New Jersey bankruptcy judge declined to rule Thursday on motions by a creditor group and the U.S. Trustee's Office to transfer or dismiss the Chapter 11 case of global label maker Multi-Color Corp., saying h... (more story)
Mid Cap More
A team of attorneys from newly-formed Sullivan Nimeroff Brown Hill LLC and Denver-headquartered Brownstein Hyatt Farber Schreck LLP are guiding the owner of Colorado's Glenwood Caverns Adventure Park through C... (more story)
Dine-in movie theater chain iPic Theaters has filed for Chapter 11 protection in Florida bankruptcy court with up to $10 million in debt, saying it intends to sell its assets during the case.
A Texas bankruptcy judge on Thursday ruled that rent-to-own retailer Buddy Mac Holdings LLC can sell several co-owned properties, over the objection of co-owners who argued they had not been given proper notice.
Fifth Third Bank has sued a San Antonio real estate developer in Texas federal court for more than $80 million, seeking to invoke guaranties on two troubled construction loans after the borrowing entities defa... (more story)
A Washington bankruptcy judge agreed Thursday to approve the sale of Compass Coffee's locations and other assets to the American branch of European coffeehouse chain Caffe Nero, the debtor announced.
A condominium association for a Times Square hotel and residential tower is seeking to stabilize itself with a bankruptcy filing in federal court that accuses the property's original developer of self-dealing,... (more story)
An attorney who handles corporate governance, transactional and other matters has rejoined Delaware-based Young Conaway Stargatt & Taylor LLP after more than three years at Wilson Sonsini Goodrich & Rosati PC.
Connell Foley LLP's expansion into Delaware is a key strategic move that came about organically with the hiring of a team from FBT Gibbons LLP to launch a new bankruptcy and restructuring practice group, leade... (more story)
A lender urged a Florida bankruptcy court on Wednesday to end an adversary proceeding alleging that it fraudulently induced the holder of a downtown Miami high-rise plot to accept the terms of a $70 million lo... (more story)
A New York bankruptcy judge approved a secured creditor's disclosure statement instead of the debtor's in the Chapter 11 case of a New Mexico industrial building owner, ruling that the principle of giving prim... (more story)