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Meet The Attys In PE Group Inspired Healthcare's Ch. 11
Inspired Healthcare Capital, a private equity firm that develops senior living facilities, filed for Chapter 11 protection in Texas earlier this month with plans to sell its assets. Guiding it through bankruptcy is a team of McDermott Will & Schulte LLP attorneys who have represented nursing home and healthcare clients in recent complex Chapter 11 cases.
Under The Radar: Bankruptcy News You May Have Missed
A bankrupt watchmaker secured court approval for a sale of some of its assets to a stalking-horse bidder, US Magnesium requested permission to privately sell a turbine, and the one-time CEO of Tricolor Holdings asked a Texas bankruptcy judge to dismiss claims in an adversary suit against him.
Auto Part Maker First Brands' Winding Road Through Ch. 11
Since entering bankruptcy, auto parts company First Brands Group Holdings LLC has ridden out its Chapter 11 as the fulcrum of its own insolvency as well as acrimonious adversary proceedings and the federal prosecution of its founder and his brother regarding allegations of sweeping fraud.
Meet The Attys In PE Group Inspired Healthcare's Ch. 11
Inspired Healthcare Capital, a private equity firm that develops senior living facilities, filed for Chapter 11 protection in Texas earlier this month with plans to sell its assets. Guiding it through bankruptcy is a team of McDermott Will & Schulte LLP attorneys who have represented nursing home and healthcare clients in recent complex Chapter 11 cases.
Under The Radar: Bankruptcy News You May Have Missed
A bankrupt watchmaker secured court approval for a sale of some of its assets to a stalking-horse bidder, US Magnesium requested permission to privately sell a turbine, and the one-time CEO of Tricolor Holdings asked a Texas bankruptcy judge to dismiss claims in an adversary suit against him.
Auto Part Maker First Brands' Winding Road Through Ch. 11
Since entering bankruptcy, auto parts company First Brands Group Holdings LLC has ridden out its Chapter 11 as the fulcrum of its own insolvency as well as acrimonious adversary proceedings and the federal prosecution of its founder and his brother regarding allegations of sweeping fraud.
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Large Cap More
A pair of Taylor Duma LLP attorneys — including a former Fulton County Superior Court judge — has joined Atlanta-based law firm Ardis Law LLP, strengthening its creditors' rights, bankruptcy and litigation services.
Bankrupt luxury retailer Saks Global received court approval Friday in Texas to begin closing procedures at nine of its flagship stores and continue the liquidation of its off-price e-commerce inventory as par... (more story)
A leading plaintiffs law firm in the multibillion-dollar litigation over Johnson & Johnson's tainted talcum powder has alleged in Mississippi federal court three investment firms loaned it "tens of millions" o... (more story)
A Philadelphia jury hit Johnson & Johnson with a $250,000 verdict on Friday, finding the company liable in the case of a woman whose family claimed that using the company's once-famous talcum powder contribute... (more story)
As just the third managing partner in the history of ArentFox Schiff LLP's Los Angeles office, Aram Ordubegian is looking to help it thrive "for the long run."
A split panel of the Fourth Circuit on Wednesday upheld lower court rulings that left in place a stay of asbestos injury litigation facing the bankrupt affiliate of building material maker CertainTeed, with th... (more story)
A New York bankruptcy judge on Thursday denied motions by personal injury claimants in the Purdue Pharma LP case to stay the opioid maker's Chapter 11 plan, ruling that delaying the deal would be far too costl... (more story)
A Connecticut judge did not abuse her discretion when she suspended an attorney who formerly represented conspiracy broadcaster Alex Jones in a $1.4 billion defamation case, the state's professional misconduct... (more story)
BakerHostetler announced on Thursday that it is bolstering its transactions bench with three New York-based mergers and acquisitions attorneys from Loeb & Loeb in a move that the firm says strengthens its offe... (more story)
The creditor litigation trust for the Texas Chapter 11 case of hospital operator Steward Health Care has filed adversary suits against six groups of health insurance companies, seeking payment of covered medic... (more story)
Mid Cap More
Former executives of Edgio Inc. will pay $15 million to shareholders to end claims that the executives misled investors about Edgio's control over its internal financial reporting in the months leading up to t... (more story)
A lawsuit accusing Brookfield affiliates of seizing control of solar company PosiGen and driving it deeper into insolvency has been dismissed with prejudice in Connecticut federal court, ending a closely watch... (more story)
Florida-based flight simulator company Avenger Flight Group has filed for Chapter 11 protection in Delaware bankruptcy court, saying airline industry headwinds have left it seeking a sale to deal with more tha... (more story)
The former owner of New York City music venue Brooklyn Mirage secured a Delaware bankruptcy judge's approval Thursday to wind down its business under a Chapter 11 plan after nightclub operator Pacha Group agre... (more story)
Blockchain company Archblock on Thursday told a Delaware bankruptcy judge that it has filed for Chapter 11 bankruptcy, seeking an orderly wind-down in the face of tens of millions of dollars in legal claims.
A Texas bankruptcy judge has denied a motion seeking recognition of a Hong Kong insolvency proceeding for ceramics maker Siu-Fung Ceramics Holdings Ltd., finding the company didn't have any assets in the U.S. ... (more story)
A media company has asked a California federal judge to stop a British Formula One racing team and related car designer from enforcing a $36 million arbitral award against it, saying it learned during bankrupt... (more story)
FlexShopper, a lease-to-own consumer purchase financing group, can sell its assets for roughly $15.1 million in Chapter 11, a Delaware bankruptcy judge ruled Wednesday, after the debtor resolved an objection t... (more story)
The bankrupt city of Chester, Pennsylvania, has brought a lawsuit in its longstanding fight over sewer pipe ownership, and the Philadelphia suburb's water authority told a judge Wednesday the city needs a new ... (more story)
Faith-based clothing retailer Altar'd State can proceed with its $7 million opening bid for the intellectual property of bankrupt women's clothing retailer Francesca's, a New Jersey bankruptcy judge said on We... (more story)