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SVB, FDIC Head For Standing Clash At Ch. 11 Plan Hearing
The former parent of Silicon Valley Bank and federal banking regulators have dueling arguments regarding standing queued up, as they're scheduled to take their dispute over $1.9 billion in assets into a confirmation hearing for the company's liquidation plan before a New York bankruptcy judge on Monday.
Meet The Attys For Tender Greens And Tocaya's Ch. 11
A partner at Raines Feldman Littrell LLP is representing Los Angeles-based casual restaurant chain One Table Restaurant Brands LLC, which operates about 40 locations of Tender Greens and Mexican eatery Tocaya, in its Chapter 11 bankruptcy in Delaware.
How Midwest Christian Villages Wound Up In Ch. 11
Midwest Christian Villages Inc., a faith-based healthcare nonprofit operating senior-living facilities, suffered diminished patient intake and higher labor costs while it lurched through COVID-19 and then the following inflation spike, ultimately hitting Chapter 11.
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The Beasley Allen Law Firm may represent plaintiffs in multicounty talc injury litigation in New Jersey state court, after a judge found Johnson & Johnson failed to show a former Faegre Drinker outside counsel... (more story)
The former parent of the failed Silicon Valley Bank has postponed the start of the New York bankruptcy court hearing on its Chapter 11 plan until Wednesday morning.
A New York bankruptcy judge said Friday he was skeptical of a creditor noticing procedure meant to head off confirmation issues for the already voted on Chapter 11 plan of the Roman Catholic Diocese of Rochest... (more story)
The Chapter 11 trustee overseeing the Connecticut bankruptcy of Chinese exile Miles Guo has filed a notice that lifts a March stay on civil RICO and alter ego claims after the debtor's criminal conviction this... (more story)
Dentons said Friday it has hired a bankruptcy partner in Chicago who spent the past 25 years at Foley & Lardner LLP.
The Eighth Circuit has blocked the Biden administration from implementing another plan for student loan forgiveness while the appellate court considers a Missouri-led state alliance's injunction request, accor... (more story)
The Fifth Circuit Court of Appeals reversed a Louisiana bankruptcy court's decision applying the automatic stay of litigation to a group of children suing the bankrupt Archdiocese of New Orleans, saying the la... (more story)
A New York bankruptcy judge said he wasn't prepared to decide if joint liquidators of Silicon Valley Bank's Cayman Islands arm have standing to bring a $476 million claim in the Chapter 11 of the bank's former... (more story)
Prison health provider YesCare Corp. says it has reached a $75 million settlement of claims against bankrupt spin-off Tehum Care Services, replacing a $54 million deal rejected by a Texas bankruptcy judge in April.
Latam Airlines Group SA on Thursday outlined plans for an estimated $533 million U.S. initial public offering, guided by six law firms, marking a return to U.S. markets two years after the South American airli... (more story)
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Telecommunications company Airspan Networks has asked a Delaware bankruptcy court for permission to borrow an additional $5 million in debtor-in-possession financing to support the business as it waits for reg... (more story)
A New York bankruptcy judge has ruled that coffee supplier Mercon Coffee Group can't reward corporate insiders who stuck with the company through its Chapter 11 case with a release from future litigation.
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including trends in multifamily commercial mortgage-backed securities, a study of corporate landlord evictions in Phoe... (more story)
One Table Restaurant Brands LLC, the Los Angeles-based casual restaurant chain that operates Tender Greens and Mexican eatery Tocaya, received interim approval Friday to access $1.7 million of a $3 million deb... (more story)
Bankrupt bus transportation company Coach USA told a Delaware judge Friday that it had reached agreement with its lenders, unsecured creditors and a stalking horse bidder that allowed the company to finalize a... (more story)
The former vice president of sales for pharmaceutical company U.S. Compounding Inc. pled not guilty in Manhattan federal court Friday to forging fake horse drug prescriptions in order to juice revenues.
A Delaware bankruptcy judge said Friday she would grant Solar Biotech permission to borrow a final $2.3 million debtor-in-possession loan in its Chapter 11 case, under terms worked out through additional negot... (more story)
A Boston federal jury on Friday affirmed Gibson Guitars' right to have Liberace's bedazzled 9-foot-long grand piano returned to it from a Massachusetts piano store to which it loaned the entertainer's iconic i... (more story)
A London judge ended Newcastle United co-owner Amanda Staveley's legal battle over a debt to a Greek shipping magnate after her lawyers said Friday that she had made the over £3.4 million ($4.4 million) paymen... (more story)
This past week in London has seen a libel clash between comedian Paul Currie and the Soho Theatre Company over allegations of anti-semitism, technology giant Huawei face a patents claim by Mediatek, Westfield ... (more story)