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Expert Analysis

3rd Circ. Ruling Shows Benefits Of IP Licenses In Bankruptcy

The Third Circuit’s recent ruling in Mallinckrodt’s Chapter 11 filing, which held that Mallinckrodt could sever it... (more story)

Congress Must Increase Small Biz Ch. 11 Debt Cap

Congress must act to reinstate Subchapter V, which recently sunsetted when the debt threshold to qualify reverted ... (more story)

How To Grow Marketing, Biz Dev Teams In A Tight Market

Faced with fierce competition and rising operating costs, firms are feeling the pressure to build a well-oiled mar... (more story)

Large Cap More

Highland, Co-Founder Battle Over $70M Debt In 5th Circ.

Venture capital firm Highland Capital and a company owned by Highland co-founder James Dondero squared off before a Fifth Circuit panel on Tuesday, debating whether a jury was needed to weigh defenses against ... (more story)

Bid For Ex-Judge's Phone Records Halted At Texas Hearing

A Texas bankruptcy judge shut down a bid from JCPenney's bankruptcy administrator to subpoena former Judge David R. Jones' cellphone records in a partially sealed hearing Wednesday in connection with Jones' se... (more story)

Boy Scouts Judge Considering Repressed Memory Late Claim

A Delaware bankruptcy judge said on Wednesday that she needed more time to consider how to handle a claim against the Boy Scouts of America that was filed late by a man who missed the deadline because he said ... (more story)

Judge Says Byju's Exec Can Make $20M Settlement Payment

A Delaware bankruptcy judge on Wednesday said he won't stop a former executive of the troubled U.S.-based affiliate of Indian educational technology giant Byju's from paying off a $20 million debt that had lan... (more story)

Lender Says Mogul's Privacy Concerns Stymying Trial Prep

Attorneys for a lending agent pursuing a $127 million judgment from an auto parts mogul asked a Michigan federal judge Tuesday to deny the mogul and his bankrupt company's attempts to keep key documents privat... (more story)

Solar Tech Co. SunPower Can Move Toward Sept. Ch. 11 Sale

Residential solar technology company SunPower Corp. on Wednesday got the approval of a Delaware bankruptcy court for a slate of customary first-day motions, including a bid to use cash collateral from existing... (more story)

Law Firms Fight J&J Bid To Revive Talc Subpoenas

The Beasley Allen Law Firm, the steering committee of talc plaintiffs suing Johnson & Johnson, and a third-party law firm urged the New Jersey federal court this week to reject a bid from the pharmaceutical co... (more story)

Eversheds Sutherland Adds Kilpatrick Bankruptcy Atty In Atlanta

The former team leader of Kilpatrick Townsend & Stockton LLP's bankruptcy and financial restructuring practice has departed the firm after more than three decades to move to Eversheds Sutherland in Atlanta as ... (more story)

Lewis Brisbois Grows In Dallas With Ex-Mackie Wolf Litigators

Lewis Brisbois Bisgaard & Smith LLP announced Wednesday that it has boosted its litigation bench in Dallas with a pair of attorneys who came aboard from Mackie Wolf Zientz & Mann PC.

9th Circ. Kills Trustee Fee Refunds After Justices' Ruling

The Ninth Circuit on Tuesday reversed a district court decision that granted a partial refund of $600,000 in fees a tobacco distributor paid to the U.S. Trustee's Office, noting that the U.S. Supreme Court fou... (more story)

Mid Cap More

SEC Accuses Urban Commons REIT Founders Of $70M Fraud

The U.S. Securities and Exchange Commission has accused the founders of the Urban Commons real estate investment trust of running a pair of fraud schemes involving investments in U.S.-based hotels that the reg... (more story)

Judge Hands Buca Di Beppo $11M Lifeline In Ch. 11

A Texas bankruptcy judge on Wednesday approved Italian restaurant chain Buca di Beppo to accept debtor-in-possession financing totaling $10.85 million on an interim basis, saying the combination of new money a... (more story)

World Of Beer Moves Forward On Speedy Ch. 11 Plan

Bar and restaurant chain World of Beer received a Florida bankruptcy judge's initial approval on a package of first-day motions Wednesday, including a request to tap up to $2 million in debtor-in-possession fi... (more story)

Acorda Creditors' Ch. 11 Votes Count As Release Consent

A New York bankruptcy judge said Wednesday creditors' votes in favor of the Chapter 11 plan of Acorda Therapeutics constitute consent in granting third-party releases, overruling the position of the United Sta... (more story)

Caribbean Resort Owner Facing $15M Claim Files Del. Ch. 11

A resort residence complex on the Caribbean island and British Overseas Territory of Anguilla, now facing a $15 million claim tied to an attack on the child of a guest family in 2015, is seeking Chapter 11 pro... (more story)

'Herculean' Efforts Warrant Max Fee, Debt Firm Trustee Says

A California bankruptcy trustee overseeing the failed debt relief law firm Litigation Practice Group has told the court he deserves the maximum fee amount and possibly a bonus due to the "herculean" efforts of... (more story)

Pool Co. Can't Get Atty Fees After Losing False Ads Trial

A pool parts supplier on the hook for a $16 million false advertising and unfair business practices judgment isn't entitled to attorney fees in the case, a North Carolina federal judge has ruled, finding there... (more story)

Movie, Fashion Cable Network Cinemoi Files Ch. 11

The operator of film, fashion and lifestyle cable network Cinemoi has filed for Chapter 11 protection in a California bankruptcy court with more than $10 million in debt.

Motorola, Phone Biz Denied $1.5M From Defunct Co.'s Insurer

Cellphone maker Motorola and a phone and internet provider cannot get coverage for more than $1.5 million in judgments they won against a defunct marketing services company from that company's insurer, a Minne... (more story)

Hotel's Ch. 11 Plan Nixes San Jose Tax Claim, Judge Says

A Delaware bankruptcy judge on Tuesday ordered the city of San Jose, California, to dismiss a state court action seeking the payment of taxes and other obligations by the former operator of a luxury hotel, say... (more story)