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Expert Analysis

A Judge's Pointers For Adding Spice To Dry Legal Writing

U.S. District Judge Fred Biery shares a few key lessons about how to go against the grain of the legal writing tra... (more story)

Lessons Learned From SAS' Flight Through Chapter 11

Scandinavia's SAS is the first European airline to find its wings through the U.S. Chapter 11 process since COVID-... (more story)

Bankruptcy Ruling Provides Guidance On 363 Asset Sales

HE v. Avadim Holdings, a recent ruling from the District of Delaware, underscores the principle that rejection of ... (more story)

Large Cap More

Under The Radar: Bankruptcy News You May Have Missed

Avon's international unit asked a bankruptcy judge to extend the window during which only it can propose a Chapter 11 plan, consulting firm Azzur Group Holdings asked the Delaware bankruptcy court to approve i... (more story)

Three Arrows Beats FTX To Get $1.5B Bankruptcy Claim

Failed cryptocurrency hedge fund Three Arrows Capital won a Delaware bankruptcy judge's blessing to assert a $1.53 billion claim against FTX Trading Ltd. in the latter's Chapter 11 case. / More tk / 

Mitel Networks' 5-Year Journey Into Bankruptcy

Business telecommunications company Mitel Networks hit bankruptcy earlier this month after a societal shift in working conditions began five years prior with the onset of the COVID-19 pandemic, according to its court filings.

Wellpath Gets OK For Vote On Ch. 11 Reorganization Plan

A Texas bankruptcy judge on Friday gave prison healthcare business Wellpath permission to go ahead with a vote on its Chapter 11 plan after a claimants' committee said it would reserve objections for the plan ... (more story)

Taxation With Representation: Davis Polk, Paul Weiss

In this week's Taxation With Representation, Mallinckrodt PLC and Endo Inc. combine, Rocket Cos. buys Redfin, and Endo divests its international pharmaceuticals business to Knight Therapeutics Inc.

Judge To Weigh Doc Release In San Francisco Diocese Ch. 11

A California bankruptcy judge on Thursday said he wouldn't immediately decide whether to make public two documents the creditors committee in the Roman Catholic Archdiocese of San Francisco's Chapter 11 case w... (more story)

Judge Won't Toss $35M Ch. 11 Bank Fee Clawback Lawsuit

A Delaware bankruptcy judge has denied a summary judgment bid to dismiss a lawsuit alleging that an $1.8 billion loan set medical testing company Millennium Laboratories on course for its 2015 Chapter 11.

Sandy Hook Families Oppose Revived Infowars Sale Bid

Families of the victims of the 2012 Sandy Hook Elementary School shooting have urged a Texas bankruptcy judge to block an Alex Jones-affiliated company's revived bid to buy his Infowars platform, saying it wil... (more story)

6 Firms Steer $6.7B Mallinckrodt, Endo Pharma Merger

Six law firms are guiding a $6.7 billion merger between Ireland's Mallinckrodt PLC and Pennsylvania-based Endo Inc. on a deal announced Thursday that the companies said will create a global pharmaceutical indu... (more story)

Senate Stablecoin Bill Advances With Democrats Divided

The Republican-led U.S. Senate Banking Committee advanced its stablecoin framework Thursday with the help of Democrats who broke from ranking member Sen. Elizabeth Warren's opposition, while a separate bill on... (more story)

Mid Cap More

Canadian Accounting Service Co. Hits Ch. 15 With Sale Plan

Vancouver-based accounting and financial services firm Bench Accounting Inc. has filed a Chapter 15 recognition in a Delaware bankruptcy court with approximately $51.5 million in liabilities and $5.1 million i... (more story)

Startup Investor Says Cooley Knew About Fraud Probe

Attorneys for a dry cleaning delivery startup knew that the founder and sole director of the company had fabricated company documents and was the subject of an active securities fraud investigation in Texas as... (more story)

Calif. Hotel Operator Gets Initial OK To Use Cash In Ch. 11

The owner and operator of a hotel in Southern California received a Delaware bankruptcy court's permission Friday to continue using cash to support its operations as the company works to sell its properties an... (more story)

Drink Packager Approved For $10.3M Ch. 7 Asset Sale

Drink packaging company Joriki USA Inc. received the green light on Friday in Delaware bankruptcy court for a sale of its assets at a $10.3 million purchase price.

Dormify Gets OK To Tap DIP Funds As It Works Toward Sale

A Delaware bankruptcy judge on Thursday said he would allow Dormify Inc. to borrow up to $265,000 in Chapter 11 financing as the dorm-room decorating retailer works to secure an agreement to sell its business.

​​​​​​​Alex Jones' Sandy Hook Atty Suspended Over Info Release

Former Alex Jones attorney Norm Pattis will be suspended from practicing law for two weeks, a Connecticut judge has ruled, capping a three-year ethics saga that started when Pattis asked an associate to send S... (more story)

Calif. Trucking Co. Reaches Settlement And $3M Sale

A Texas bankruptcy judge said he would approve a global settlement between trucking company Kal Freight Inc., several of its secured lenders and its committee of unsecured creditors, as well as a $3.3 million ... (more story)

PetroQuest Wants To Sell $8M Judgment In Ch. 11

Bankrupt oil and gas company PetroQuest Energy has asked a Delaware bankruptcy judge to approve bidding procedures to sell its rights to an $8 million judgment in its favor against Sanare Energy Partners, hopi... (more story)

Pallet Biz Says District Court Can't Weigh Bankruptcy Order

Pallet company PaLIoT Solutions Inc. told a Michigan federal judge on Wednesday that the issue of whether it violated a bankruptcy court's order regarding trade secrets purchased in a rival company's asset sal... (more story)

CarePoint Seeks OK For Plan To Hand Off Hospital Operations

A hospital operator urged a Delaware bankruptcy judge to overrule objections to its Chapter 11 plan, arguing Wednesday that it's the only way to save three critical New Jersey medical facilities.