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Meet The Attorneys Guiding Dynamic Aerostructures' Ch. 11
Lawyers from Chipman Brown Cicero & Cole LLP and Ropes & Gray LLP are leading the bankruptcy case launched by Dynamic Aerostructures, a California-based aerospace parts supplier to Lockheed Martin and Boeing, as the company pursues a sale of its assets.
Bankruptcy Watchdog Ouster Crosses Into Uncharted Waters
The recent removal of the head of the U.S. Trustee's Office may be sending the previously nonpolitical bankruptcy watchdog into unknown territory, causing concerns in the legal space.
Spirit Airlines Release Ruling Is Another Boost For Opt-Outs
A New York bankruptcy judge's decision last week to approve a contentious form of third-party release in Spirit Airlines' Chapter 11 case signals that courts are increasingly comfortable finding that a creditor's silence can be used to establish their consent, an issue hotly debated in the months since the U.S. Supreme Court's Purdue Pharma ruling.
Meet The Attorneys Guiding Dynamic Aerostructures' Ch. 11
Lawyers from Chipman Brown Cicero & Cole LLP and Ropes & Gray LLP are leading the bankruptcy case launched by Dynamic Aerostructures, a California-based aerospace parts supplier to Lockheed Martin and Boeing, as the company pursues a sale of its assets.
Bankruptcy Watchdog Ouster Crosses Into Uncharted Waters
The recent removal of the head of the U.S. Trustee's Office may be sending the previously nonpolitical bankruptcy watchdog into unknown territory, causing concerns in the legal space.
Spirit Airlines Release Ruling Is Another Boost For Opt-Outs
A New York bankruptcy judge's decision last week to approve a contentious form of third-party release in Spirit Airlines' Chapter 11 case signals that courts are increasingly comfortable finding that a creditor's silence can be used to establish their consent, an issue hotly debated in the months since the U.S. Supreme Court's Purdue Pharma ruling.
Expert Analysis
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)
Scandinavia's SAS is the first European airline to find its wings through the U.S. Chapter 11 process since COVID-... (more story)
HE v. Avadim Holdings, a recent ruling from the District of Delaware, underscores the principle that rejection of ... (more story)
Large Cap More
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)
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.
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)
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.
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)
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)
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)
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)
A group of insurers have no coverage obligations under certain policies issued to drugmaker Mallinckrodt as a trust created from the company's first bankruptcy seeks to resolve underlying opioid claims with th... (more story)
An Ohio federal judge affirmed Tuesday a bankruptcy court's decision tossing legal malpractice claims filed by a coal company executive's estate against Willkie Farr & Gallagher LLP, rejecting the estate's arg... (more story)
Mid Cap More
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)
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)
hearing: 10:30 a.m. ET, Delaware— MOM CA Investors (case number 25-10321) first-day hearing, with cash collateral and motion for appointment of an independent manager on the agenda. Shannon in-person and via Zoom.
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.
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.
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)
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 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)
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.
A Pennsylvania bankruptcy judge has agreed to allow a pause in the auction of bankrupt Corsa Coal Corp.'s assets after hearing from lawyers in the Chapter 11 case that the machinery, equipment and real estate ... (more story)