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

3rd Circ. Nixes Stay Of Bankruptcy Court Order In Ligado Case

The Third Circuit has allowed a Delaware bankruptcy judge to make Inmarsat Global Ltd. support a spectrum-rights application filed by telecommunications group Ligado Networks LLC and AST SpaceMobile Inc.

Data No Longer An Afterthought In Real Estate

Data is an increasingly important component of the real estate business, informing operations and helping to shape expansion strategy and acquisitions. Its custodianship, legal structure, licensing agreements ... (more story)

Office Building REIT Inks $60M Deal With Noteholders

Office Properties Income Trust, the national office space owner and leasing company, has tentatively agreed to pay $60 million to a group of secured noteholders over roughly seven months as part of a settlemen... (more story)

Ligado Can Claw Back Emails In Ch. 11 Discovery With Boeing

Emails that Ligado accidentally provided to Boeing are privileged, and it can demand their return, a Delaware bankruptcy judge ruled Wednesday, as the reorganized telecommunications group and aerospace giant g... (more story)

Eddie Bauer Stores Cancel Ch. 11 Auction For Lack Of Bidders

Bankrupt clothing retailer Eddie Bauer LLC has spiked a planned auction for its assets, saying it received zero qualified bids.

BakerHostetler Aided Illegal Insurance Scheme, Trustee Says

BakerHostetler, along with one of its Atlanta-based attorneys, is the latest law firm to be accused of legal malpractice related to an illegal scheme that sold health insurance-like products.

Crystallex $15M Fee Request Justified, Special Master Says

A lawyer for the special master overseeing the auction of Citgo to satisfy billions of dollars' worth of Venezuelan debt has defended his request for more than $15.3 million in fees on top of nearly $63 millio... (more story)

First Brands Factor Urges Court To Order $61M Set Aside

A third-party factor lender to embattled auto parts-maker First Brands Group wants the debtor to set aside $60.5 million in cash to ensure the lender is adequately protected, saying First Brands is relying on ... (more story)

Opt-Out Releases Nixed For Buffalo Diocese's Ch. 11 Ballots

The Roman Catholic Diocese of Buffalo must redesign ballots for its Chapter 11 plan after a New York bankruptcy judge held opt-out boxes could not be used to tally creditor consent to third party releases.

Eletson Says Ch. 11 Arrest Warrants Are 'Logical Next Step'

Reorganized shipping company Eletson Holdings Inc. has told a New York bankruptcy judge that arrest warrants for ex-officials of the company are an appropriate, incremental action in a months-long quest to obt... (more story)

Mid Cap More

PE Firm Norada Faces Investor Suits Over $92M Ponzi Scheme

Groups of investors from multiple states have filed a series of lawsuits against Norada Capital Management LLC in Wyoming federal court, alleging the private equity fund defrauded them out of millions of dolla... (more story)

Fashion Tech Biz CEO Pleads Guilty To $300M Investor Fraud

The founder of bankrupt apparel technology company CaaStle Inc. pled guilty Wednesday to one count of securities fraud in connection with a scheme to defraud hundreds of investors out of $300 million by using ... (more story)

NC Jewelry Maker Hits Ch. 11 With $10.5M Debt

Lab-grown gemstone jewelry maker Charles & Colvard Ltd. has filed for Chapter 11 bankruptcy protection in North Carolina, declaring $19.2M in assets and $10.5M in liabilities.

Judge Pushes Back Mining Co.'s Ch. 11 Sale By A Month

A New York bankruptcy judge Wednesday told mining company Vanderbilt Minerals it will have to delay its Chapter 11 sale timeline by a month to give creditors a chance to look at a proposed deal with corporate ... (more story)

Hawthorne Inks Emergency Deal Amid Ch. 11 Funding Dispute

A Chicago-area horse track on Wednesday reached an agreement with its lenders on emergency Chapter 11 financing until the parties return to court next week to consider interim approval of Hawthorne Race Course... (more story)

Nine Energy Gets OK On Ch. 11 Plan To Cut $320M Debt

A Texas bankruptcy judge on Wednesday signed off on oil services company Nine Energy's Chapter 11 plan, allowing the debtor to trim $320 million in debt and emerge from bankruptcy just over a month after launching its case.

NY Nursing Home Ch. 11 Atty Pick Draws Creditor Objection

The official committee of unsecured creditors in the Chapter 11 case of Long Island, New York, nursing home operator Cold Spring Acquisition objected late Tuesday to the debtor's motion to retain special litig... (more story)

Hawthorne's Ch. 11 Financing Hits Snag Over Lender Dispute

A Chicago-area racecourse will return Wednesday to Illinois bankruptcy court as it continues to wrangle with its senior lender over the terms of its Chapter 11 financing.

9th Circ. Says Ch. 11 Authority Doesn't Impact Jurisdiction

A panel of the Ninth Circuit Court of Appeals ruled Tuesday that disputed corporate authority to file a Chapter 11 petition doesn't affect a bankruptcy court's subject matter jurisdiction over the case, resolv... (more story)

Former Iowa Biz President Convicted Of Bankruptcy Crimes

The former president of a defunct Iowa telecommunications and infrastructure business has been convicted by a jury of concealing assets and making false statements in his personal bankruptcy proceeding, federa... (more story)