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Catching Up With New Bankruptcy Case Action
The iPic movie theater chain hit Chapter 11 in Florida, a Chicago racetrack entered bankruptcy protection in the Prairie State and a real estate investment trust accused of being a Ponzi scheme began its own insolvency.
Bankruptcy Expert Details Human Costs Of A Hospital Ch. 11
Melanie Cyganowski of Otterbourg PC, a former federal bankruptcy judge in New York, talks to Law360 Healthcare Authority about successor liability, regulatory hurdles and the human costs of hospital bankruptcies.
NJ's Newest Bankruptcy Judge Is An Ex-Assistant US Attorney
A former assistant U.S. attorney is New Jersey's newest bankruptcy judge, bringing with him experience representing federal agencies in bankruptcy and creditors in large cases like General Motors' 2009 reorganization.
Catching Up With New Bankruptcy Case Action
The iPic movie theater chain hit Chapter 11 in Florida, a Chicago racetrack entered bankruptcy protection in the Prairie State and a real estate investment trust accused of being a Ponzi scheme began its own insolvency.
Bankruptcy Expert Details Human Costs Of A Hospital Ch. 11
Melanie Cyganowski of Otterbourg PC, a former federal bankruptcy judge in New York, talks to Law360 Healthcare Authority about successor liability, regulatory hurdles and the human costs of hospital bankruptcies.
NJ's Newest Bankruptcy Judge Is An Ex-Assistant US Attorney
A former assistant U.S. attorney is New Jersey's newest bankruptcy judge, bringing with him experience representing federal agencies in bankruptcy and creditors in large cases like General Motors' 2009 reorganization.
Expert Analysis
The recent criminal charges stemming from the Tricolor and First Brands bankruptcy cases may represent a sea chang... (more story)
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)
As tribunals and arbitral institutions increasingly use artificial intelligence tools in their decision-making pro... (more story)
Large Cap More
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.
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)
Barclays Bank is asking a New Jersey bankruptcy judge to dismiss a suit challenging liens against Multi-Color Corp., saying the suit is unnecessary since the bankrupt global label-maker's reorganization plan w... (more story)
A Fifth Circuit panel wanted to know why investors should get another shot at a direct class action alleging that McDermott International Inc. made misrepresentations about a $6 billion merger, asking Monday i... (more story)
The chief executive officer of bankrupt restaurant chain owner FAT Brands Inc. must sit for a deposition as noteholders prepare to pursue their bid to give control of the case to a Chapter 11 trustee.
Retail landlord Simon Properties and luxury retailer Saks Global on Monday wrangled over the wording of a 2024 investment agreement as they asked a Texas bankruptcy judge to determine the fate of the leases of... (more story)
Cadwalader Wickersham & Taft LLP announced on Monday that it is continuing to invest in its restructuring bench with two lawyers in New York and London.
A New Jersey federal judge has revived a bankrupt Johnson & Johnson talc subsidiary's trade libel claim over a 2020 scientific article linking asbestos in talc to mesothelioma, finding that new evidence and al... (more story)
Bankrupt clothing retailer Eddie Bauer LLC has agreed to resolve a more than $8.84 million claim from GXO Logistics Supply Chain Inc. for $3.1 million.
Lenders to Serta Simmons Bedding presented opening arguments on Monday in a trial in Texas bankruptcy court over whether investors excluded from the mattress maker's 2020 "uptier" debt exchange should be award... (more story)
Mid Cap More
Oil field service provider Nine Energy has gotten a Texas bankruptcy judge's final approval to borrow $125 million in Chapter 11 financing, just days before the debtor is set to ask for confirmation of a bankr... (more story)
The litigation trust for cryptocurrency custodian Prime Core Technologies Inc. leveled a lawsuit against the operator of a crypto transaction platform the trust says extracted nearly $13 million in fiat curren... (more story)
A bankrupt Nevada solar project named its $7 million stalking horse bidder as the successful bidder chosen in its Chapter 11 asset sale, canceling the auction.
A New York bankruptcy judge determined he has jurisdiction over litigation stemming from the collapse of real estate law firm Kossoff PLLC after its principal stole $14 million from its clients, finding the fi... (more story)
A Chubb unit must step in and provide excess coverage for asbestos exposure claims against a waterworks product supplier, a Massachusetts state court ruled Monday, finding that the company's primary policy has... (more story)
A real estate investment trust accused last year by Florida authorities of being a Ponzi scheme has filed for federal bankruptcy protection, claiming the state probe, a racketeering lawsuit from a talk show ho... (more story)
A Chicago-area racecourse has filed for Chapter 11 protection in Illinois bankruptcy court with nearly $57 million in debt and plans to seek a buyer a month after state regulators shut down harness racing at t... (more story)
A Missouri federal judge dismissed a coalition of Republican-led states' lawsuit challenging a Biden-era student debt relief plan, saying Friday he can't end the plan like the Trump administration wanted given... (more story)
Ballard Spahr LLP does not have a valid claim to roughly $237,000 in unpaid legal fees it sought from a Wisconsin-based gem and fine metal investment fund that went through bankruptcy, the Seventh Circuit said Friday.
A Texas bankruptcy judge on Friday granted final approval of urgent care facility operator Carbon Health Technologies Inc.'s Chapter 11 financing, freeing up $19.5 million that the debtor will use to fund a du... (more story)