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QVC will seek approval for its bankruptcy plan, Fat Brands will seek approval for its bankruptcy plan disclosures, and Rhodium Encore's former lawyers will seek sanctions from its board of directors.
When cryptocurrency ATM operator Bitcoin Depot Inc. hit Chapter 11 in mid-May, it had already begun seeking potential buyers for its specialized kiosks. Now, the debtor's lawyers from Vinson & Elkins LLP are moving ahead with a sale process, which is a core component of its plan to wind down operations.
Makeup ingredient supplier Miyoshi America is slated to appear in Texas bankruptcy court June 3 to seek confirmation of its Chapter 11 plan, which the company says will resolve its outstanding talc injury liability.
Reorganized debtor airline Azul SA asked a New York bankruptcy judge to shut down collection efforts in Brazil by two of its creditors, saying their claims were discharged under the Chapter 11 plan approved last year.
Jewelry house Lugano Diamonds on Monday secured a Delaware bankruptcy judge's tentative approval to transfer an insurance policy to a creditor that consigned the debtor a diamond worth $10.5 million that later went missing.
A Delaware bankruptcy court approved home lending broker Impac Mortgage Holdings Inc.'s Chapter 11 plan, Canadian furniture company Bestar Inc. got Chapter 15 recognition and a Texas judge refused First Brands... (more story)
The U.S. Supreme Court on Monday said it won't hear a challenge by asbestos claimants to the "Texas two-step" bankruptcy of Georgia-Pacific spinoff Bestwall.
A New York bankruptcy judge on Friday questioned whether his court was the proper venue to wind down two commercial real estate law firms headed by Mark J. Nussbaum as the debtors sought to ditch an assignment... (more story)
The past week in London has seen the billionaire who donated £5 million ($6.7 million) to Nigel Farage sue Ben Habib, the leader of far-right party Advance UK, for defamation; Mashreqbank bring claims against ... (more story)
Lenders to First Brands-affiliated special purpose financing vehicles entities reached a deal with Onset Financial Inc., allowing collateral to be liquidated while the parties pursue litigation to resolve comp... (more story)
The Polish subsidiaries of alternative energy investment company GoldenPeaks Capital filed Chapter 11 petitions in Texas bankruptcy court Friday listing between $500 million and $1 billion of debt.
Two New Fortress Energy affiliates asked a New York bankruptcy judge Friday to recognize their efforts to restructure in the English courts by exchanging nearly $8.1 billion in debt for equity and spinning off... (more story)
A Virginia federal judge won't intervene in a deal resolving a proposed Fair Credit Reporting Act class action against Equifax, ruling that the undisclosed settlement, which was announced prior to class certif... (more story)
A Florida bankruptcy court judge has dismissed the Chapter 13 case of a suspended lawyer facing state bar disciplinary charges over allegations that he defrauded dozens of clients by charging them legal fees f... (more story)
A Delaware bankruptcy judge Monday heard cybersecurity firm IronNet is still about $1 million behind on its Chapter 11 payment obligations and a motion to dismiss the case is still on the table.
The U.S. Trustee's Office has moved to dismiss the Chapter 11 case of World Cafe Live, a nonprofit live performance venue in Philadelphia, arguing that the debtor failed to file monthly operating reports on time.
Artificial intelligence-enabled voice generating software company Lovo Inc. has filed for Chapter 7 protection in New York in the midst of an ongoing putative class action brought by voice actors alleging thei... (more story)
Urgent care company Carbon Health Technologies on Friday secured a Texas bankruptcy judge's approval of its Chapter 11 plan, letting the debtor set up a $12 million trust for creditors and reorganize its busin... (more story)
California moved Thursday to sue the genetic testing company formerly known as 23andMe over a 2023 data breach that exposed the personal information of nearly 7 million customers, arguing that the company fail... (more story)
The Sixth Circuit revived part of the estate of late Parliament-Funkadelic keyboardist George "Bernie" Worrell's copyright suit against group co-founder George Clinton and his company Thang Inc., ruling that a... (more story)
Bankrupt home lending broker Impac Mortgage Holdings Inc. received approval on Thursday from a Delaware bankruptcy judge for its restructuring plan that swaps $24 million in senior secured debt for equity.
A Delaware bankruptcy judge on Thursday granted Chapter 15 recognition to Canadian furniture company Bestar Inc. over the objection of a landlord seeking a $250,000 security deposit for potential damages that ... (more story)
A Delaware bankruptcy judge on Thursday granted conditional approval to the Chapter 11 plan disclosure statement of cryptocurrency trading platform BlockFills, saying issues over the opt-out release mechanism ... (more story)
William Wright and Kate Goldberg
The Delaware Chancery Court’s recent decision in Fortis Advisors v. Krafton to treat a CEO’s artificial intelligen... (more story)
Christopher Armstrong, Carlo Gallimberti and David Tsui
Amid rising caution over private credit defaults, investors and their counsel can gain key insights about borrower... (more story)
Anna King
Studying Italian and Japanese has shown me that learning a new language can benefit a legal career in several ways... (more story)