Expert Analysis

Getting The Most Out Of Learning And Development Programs

Junior associates can better develop the legal, business and interpersonal skills they need for long-term success ... (more story)

AI Presents A Make-Or-Break Moment For Outside Counsel

The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of th... (more story)

8 Tariff Refund Questions For Restructuring Professionals

For restructuring and turnaround professionals, seeking refunds following the U.S. Supreme Court's recent decision... (more story)

Large Cap More

California Agency Wants SunPower Tax Issue Out Of Ch. 11

California's Department of Tax and Fee Administration has asked a Delaware bankruptcy judge to abstain from hearing a tax audit dispute in solar panel company SunPower's Chapter 11 case, saying the matter shou... (more story)

Puerto Rico Bankruptcy Stymies Paul Weiss, ACLU Fee Bids

American Civil Liberties Union and Paul Weiss attorneys who successfully eased restrictions on voting by mail in Puerto Rico during the COVID-19 pandemic cannot collect fees for their work because they were di... (more story)

BofA Sues Aequum, First Brands Group Over Inventory Liens

Bank of America and others have sued troubled auto parts maker First Brands Group and lender Aequum Capital in Texas bankruptcy court, seeking a judgment that the plaintiffs hold liens on inventory that outran... (more story)

Del Monte Lenders' Appeal Bid To Be Decided Soon

A New Jersey bankruptcy judge said Thursday he would decide whether to certify a Del Monte settlement for direct appeal to the Third Circuit based on papers already filed in the case, after the canned food com... (more story)

Saks Secures $500M Ch. 11 Exit Deal With Bondholders

Saks has gotten a commitment from its senior secured bondholders to provide $500 million in exit financing and intends to file a Chapter 11 plan in the coming weeks, the bankrupt retailer announced Thursday.

FBT Gibbons Lands Ex-Womble Bond Bankruptcy Leader

FBT Gibbons LLP announced Thursday that it has added the former national leader of Womble Bond Dickinson's bankruptcy, restructuring and creditors' rights team to its Delaware office.

GWG Trust Sues Ankura Consulting Over 'Bogus' Accounting

The litigation trustee for defunct financial services firm GWG Holdings has sued Ankura Consulting Group in Texas bankruptcy court, accusing it of "knowing (or reckless) facilitation" of a billion-dollar accou... (more story)

2 McCarter & English Attys Rise To Partner In NJ

McCarter & English LLP announced Wednesday that it has promoted two Newark, New Jersey-based attorneys to partner, one who is in the firm's bankruptcy group and the other who handles liability, mass torts and class actions.

Oakland Diocese Yanks Insurance Deals From Newest Plan

The Roman Catholic Diocese of Oakland, California, told a bankruptcy judge Wednesday it removed $42 million in settlements with insurance carriers from its proposed Chapter 11 plan to eliminate one source of c... (more story)

Fortress Buys Bankruptcy Services Provider Omni

Investment management firm Fortress has acquired bankruptcy claims and noticing agent Omni, the two companies have announced.

Mid Cap More

US Trustee Wants Nostrum Ch. 11 Converted Or Dismissed

The U.S. Trustee's Office asked a New Jersey bankruptcy judge to convert drugmaker Nostrum Laboratories' Chapter 11 case to a Chapter 7 liquidation or dismiss it altogether because the debtor has not been fili... (more story)

Justices Undo Finance Co.'s Liability For Investment Losses

A financial company cannot be held liable for £1.7 million ($2.3 million) in losses from failed property investments, Britain's top court ruled Wednesday, finding that it wasn't responsible for the actions of ... (more story)

U.S. Trustee Seeks To Nix FTE Ch. 11 After Case Lapses

The U.S. Trustee said Tuesday that the contested Chapter 11 case of defunct telecommunications company FTE Networks Inc. should be thrown out because the debtor failed to file basic required documentation and ... (more story)

Judge Blesses Fee-Sharing In Catholic Abuse Claims Appeal

A California bankruptcy judge on Tuesday blessed a fee-sharing deal between the Roman Catholic Diocese of Fresno and the state's other Catholic organizations, saying it could pay a firm representing all of the... (more story)

Colo. Judge OKs $2.5M Damages In Metal Workers' Wage Suit

The owner of a now-defunct metal fabrication and construction company will have to shell out $2.5 million in damages in a case seeking unpaid wages, a Colorado federal judge has ruled, agreeing with a magistra... (more story)

Mountain Sports Wins Ch. 11 Liquidation Plan OK

Sports retailer Mountain Sports LLC received confirmation Tuesday from a Delaware bankruptcy judge of its Chapter 11 liquidation plan after unsecured creditors backed the plan.

Cancer Vaccine Developer Files Ch. 7 After Trials Fall Short

A Denmark-based biotechnology firm filed for Chapter 7 liquidation Tuesday in Delaware with more than $10 million in debt after its prospective cancer vaccine failed to measure up under testing and win regulat... (more story)

Lowenstein Sandler Enters Del. With Polsinelli Bankruptcy Pro

Lowenstein Sandler LLP announced Monday that it has opened an office in Delaware by bringing on the former leader of Polsinelli PC's bankruptcy and restructuring practice.

Atty Gets Reciprocal NJ Suspension For Ethics Violations

The New Jersey Supreme Court has imposed a three-year suspension on an attorney who had a Colorado law practice as a reciprocal discipline for ethics violations related to her conduct representing a client in ... (more story)

NY Diocese, Abuse Claimants Reach $148M Ch. 11 Deal

The Roman Catholic Diocese of Albany, New York, has agreed to pay $148 million as part of a settlement reached with a committee of sexual abuse claimants in its Chapter 11, it announced Friday.