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Voyager Ch. 11 Plan Appeal Tests Scope Of Purdue Ruling
Bruised SPAC Market Pins Revival Hopes On Veteran Backers
Litigation, Power Struggle Revive St. Vincent Ch. 11 In NY
Voyager Ch. 11 Plan Appeal Tests Scope Of Purdue Ruling
A federal judge in New York must decide whether the U.S. Supreme Court's decision wiping out liability releases in the Purdue bankruptcy case does the same for professionals in former cryptocurrency exchange Voyager's Chapter 11, as the U.S. Trustee's Office tests just how broad the bombshell ruling was.
Bruised SPAC Market Pins Revival Hopes On Veteran Backers
More special-purpose acquisition companies are conducting initial public offerings, mostly backed by dealmakers who have completed prior mergers, bringing life to a listings market that was largely barren over the past year.
Litigation, Power Struggle Revive St. Vincent Ch. 11 In NY
The long-dormant Chapter 11 case of Saint Vincent Catholic Medical Centers — whose storied New York City hospital was razed to make way for luxury condominiums in the wake of the recession — sparked to life again Tuesday in a New York bankruptcy court, after a government probe into medical overbilling of military healthcare programs led to a battle for control.
Expert Analysis
The U.S. Supreme Court's recent decision to throw out Purdue Pharma's Chapter 11 plan jeopardizes a multistate agr... (more story)
FTX's Chapter 11 plan has drawn lots of attention, but the focus should be on the anticipated outcome for investor... (more story)
Hourly rates for partners, associates and support staff continued to rise in the first half of this year, and this... (more story)
Large Cap More
The successor to Celsius' bitcoin mining operation alleged in Delaware bankruptcy court it is owed over $17 million in refunds for payments that the cryptocurrency platform company made to another firm that pr... (more story)
Burr & Forman LLP has been hit with a malpractice suit in Georgia federal court by the liquidating trustees of two purported health insurance companies after the firm allegedly aided in a scheme to defraud cus... (more story)
Bankrupt trucking firm Yellow Corp. hit back at a motion for summary judgment sought by multiple pension funds including Central States Pension Fund, telling a Delaware bankruptcy court that it has no withdraw... (more story)
A New York bankruptcy judge on Wednesday granted Brazilian cement manufacturer InterCement Brasil's request to temporarily stop creditors from taking action against the company over $750 million in notes that have come due.
An investor suing Jackson Walker LLP over an ex-employee's secret romantic relationship with a former Texas bankruptcy judge told the court Tuesday that, despite what the firm says, recent U.S. Supreme Court d... (more story)
One of Fisker's noteholders is urging a Delaware bankruptcy judge to swap the electric-vehicle maker's Chapter 11 case with a Chapter 7 liquidation, arguing that the debtor no longer has any operations and the... (more story)
Two law firms representing Camshaft Capital Fund LP and principal William Morton in the bankruptcy actions tied to the Chapter 11 of education tech company Byju's Alpha have petitioned a Delaware judge to appr... (more story)
The Chubb Companies have asked a New York bankruptcy judge to tell SVB Financial Group it must change its Chapter 11 plan or have it rejected, saying the scheme doesn't clearly provide that SVB must meet certa... (more story)
The chief deputy clerk for the U.S. Bankruptcy Court for the Southern District of New York — a former Schulte Roth & Zabel LLP attorney who served as the lead law clerk on the liquidation of Bernie Madoff's in... (more story)
A decade-long fight between Kazakhstan and Moldovan oil and gas investors who won a half-billion-dollar arbitral award against the country has come to a close, with the parties inking a binding framework to re... (more story)
Mid Cap More
The First Circuit upheld roughly $32 million in fees, disgorgement and interest the U.S. Securities and Exchange Commission won against a Nevada-based investment adviser, who was found to have defrauded client... (more story)
A healthcare nonprofit operating senior living facilities across 10 locations in the Midwest filed for Chapter 11 under $50 million in debt after COVID-19 induced increased costs for labor and supplies.
A lawyer for Gibson Guitars' charitable arm told a Boston federal jury Wednesday that a music store has refused to return a rhinestone-encrusted grand piano once used by Liberace, wrongly claiming it was given as a gift.
Creditors of orthopedic clinic operator Pioneer Health Systems asked a Delaware bankruptcy judge to turn control of the business over to the Subchapter V Trustee in the Chapter 11 case, saying Pioneer is vying... (more story)
The dismissal of Rudy Giuliani's Chapter 11 case was held up Wednesday when the debtor and creditors couldn't agree on the terms of a dismissal order due to lingering questions about Giuliani's available cash ... (more story)
AnnElyse Scarlett Gains of Gibson Dunn & Crutcher LLP has represented ad hoc lender groups for debtors facing off against such companies as Amazon seller Thrasio, podcast company Audacy Inc., chemical manufact... (more story)
Proposals from bus line operator Coach USA for a $200 million debtor-in-possession financing package and for procedures governing a sale of the bulk of its operating assets drew warnings Tuesday from a Delawar... (more story)
A Connecticut bankruptcy judge on Tuesday appeared skeptical of defamation and tortious interference claims New York-based real estate investor EasyKnock Inc. filed against a trustee handling the Chapter 7 est... (more story)
Jackson Walker and the U.S. Trustee's Office on Tuesday defended the questions they plan to ask former bankruptcy judge David R. Jones during a deposition over his concealed romantic relationship with an ex-pa... (more story)
A professor who filed for bankruptcy in Illinois can't protect his Canadian retirement account from creditors because the account is ineligible under a state law shielding accounts that qualify as retirement p... (more story)