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J&J Ch. 11 Tossed, Steward Gets Subpoena, Zachry Settles
Meet The Attorneys In 2U's Bankruptcy Case
Meet The Attorneys In Vintage Wine Estates' Ch. 11
J&J Ch. 11 Tossed, Steward Gets Subpoena, Zachry Settles
The Third Circuit threw out Johnson & Johnson's second attempt to use bankruptcy to deal with mass talc litigation, Red Lobster won court approval to solicit votes on its Chapter 11 plan, and a Senate committee voted to approve an investigation into bankrupt Steward Health Care and subpoena its chief executive officer. This is the week in bankruptcy.
Meet The Attorneys In 2U's Bankruptcy Case
Remote learning and accreditation group 2U Inc. has retained a team of experienced debtors' counsel from Latham & Watkins LLP to represent it in its Chapter 11 case.
Meet The Attorneys In Vintage Wine Estates' Ch. 11
A team of lawyers from Richards Layton & Finger PA and Jones Day is guiding Vintage Wine Estates, an owner of more than 30 wine brands, through its Chapter 11 case in Delaware.
Expert Analysis
A New York bankruptcy court’s recent ruling in airline holding company SAS’s Chapter 11 case — addressing the appl... (more story)
A New York federal court’s recent ruling in Eletson v. Levona, which remanded an arbitral award for clarification,... (more story)
The U.S. Supreme Court’s recent Truck Insurance v. Kaiser Gypsum ruling upends decades of Chapter 11 bankruptcy ju... (more story)
Large Cap More
Comcast has reached an agreement with the bankrupt owner of Bally Sports to again distribute its regional sports networks to Xfinity TV customers, according to an announcement made Monday.
A New York bankruptcy judge Monday chided the administrators of the remaining assets of defunct cryptocurrency investment platform Celsius Network for what he said were undisclosed limits on crypto distributio... (more story)
Defunct electric-vehicle maker Fisker Inc. told a Delaware bankruptcy judge on Monday it had reached an agreement with secured creditors to postpone conversion of its insolvency case to a Chapter 7 liquidation... (more story)
American Express reached a $3 million deal to settle claims brought by the Girardi Keese bankruptcy trustee accusing the credit giant's banking unit and another subsidiary of enabling $50.25 million in fraudul... (more story)
A California real estate entity urged a Delaware bankruptcy judge to let it reclaim all of a $1.5 million deposit it made in connection to the estate of 99 Cents Only, saying the money was required to attend a... (more story)
A Manhattan judge on Monday rejected the New York attorney general's request for a compliance monitor to oversee the National Rifle Association, saying such relief would "result in a long, awkward and potentia... (more story)
Dentons has brought on a former Foley & Lardner LLP senior counsel with a background in creditors' rights, out-of-court workouts and restructurings, and commercial litigation, strengthening its Chicago office ... (more story)
Former FTX executive Ryan Salame on Friday asked a New York federal judge to delay his prison surrender date because he was recently mauled by a German shepherd and must undergo "urgent and necessary medical t... (more story)
The Financial Oversight and Management Board for Puerto Rico on Friday sued Gov. Pedro R. Pierluisi to nullify a law extending a program which reduces the cost of solar panels for Puerto Rican households, call... (more story)
The U.S. Trustee's Office has asked a Texas bankruptcy judge to deny confirmation of Robertshaw's Chapter 11 plan, arguing the appliance parts maker's reorganization scheme contains nonconsensual third-party r... (more story)
Mid Cap More
A Virginia bankruptcy judge Tuesday approved a settlement of more than $1.4 million of claims against the estate of the defunct LeClairRyan law firm by two former firm attorneys.
A bankruptcy trustee who is removed can't retroactively receive administrative expenses, the Fourth Circuit has ruled, saying a former bankruptcy trustee is not allowed to later file an application for professional fees.
Bankrupt New York City condominium complex Hudson 888 Owner told a bankruptcy judge Tuesday that it is days away from reaching a settlement for its Chapter 11 plan, which will see it hand over its real estate ... (more story)
The Ninth Circuit ruled that a debtor in a Chapter 7 bankruptcy case in Washington state cannot pursue above-limit homestead exemption and that the remaining proceeds of her property should go to the bankruptc... (more story)
A Connecticut state court judge on Monday chided attorneys for an eleventh-hour filing and other missed deadlines on behalf of a couple lodging malpractice claims against Evans & Lewis LLC, blocking the wife f... (more story)
New York-based metal-cutting machine toolmaker Hardinge Inc. filed for Chapter 11 protection in Delaware bankruptcy court Monday with more than $100 million in debt and plans for a bankruptcy sale.
A Florida bankruptcy judge said on Friday that she will conditionally approve disclosures for Red Lobster's reorganization plan after the seafood chain agreed to add "opt in" procedures that some creditors can... (more story)
The U.S. Trustee's Office on Friday objected to the bidding procedures proposed by bus line operator Coach USA, arguing that a requirement in the company's debtor-in-possession loan agreement to set aside $3.5... (more story)
A Delaware bankruptcy judge cleared the way Friday for clothing manufacturer Delta Apparel to put its assets on the auction block next month with a $28 million starting bid for one of its lifestyle and fashion... (more story)
McElroy Deutsch Mulvaney & Carpenter LLP's former chief financial officer was sentenced Friday in a New Jersey state court to five years in prison and ordered to pay restitution for embezzling more than $1.5 m... (more story)