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Meet The Attys Behind The Pitney Bowes E-Commerce Ch. 11
DRF Logistics, the former e-commerce arm of shipping group Pitney Bowes, has filed for Chapter 11 protection in Texas with plans to close shop after years of heavy losses. To navigate bankruptcy, DRF has tapped a team of New York- and Houston-based lawyers with Weil Gotshal & Manges LLP.
![Chief United States Bankruptcy Judge David R. Jones stands on the bench before hearing closing arguments via a computer connection in his empty courtroom at the Bob Casey Federal Courthouse on Monday, Aug. 31, 2020 in Houston. Judge Jones has built the local court into one of the busiest in the nation, one that handles a number of complex bankruptcies. (Photo by Brett Coomer/Houston Chronicle via Getty Images)](https://assets.law360news.com/1871000/1871395/3496efff27a443adeaaf8f9baafca23a33859ef1-gettyimages-1259017907.jpg)
Ex-Judge Jones Beats Conspiracy Suit, Robertshaw Plan OK'd
A Texas federal judge has thrown out a racketeering lawsuit alleging a conspiracy involving Kirkland & Ellis, Jackson Walker, ex-bankruptcy judge David R. Jones and an attorney with whom he had a romantic relationship, but a separate judge decided to sanction Jones for meeting with Jackson Walker for an "off-the-record" interview. This is the week in bankruptcy.
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Why Pitney Bowes Spun E-Commerce Biz Off Into Ch. 11
A heated proxy battle, big capital outlays and more than $570 million in losses set the stage for shipping company Pitney Bowes to spin off its e-commerce unit and send it into Chapter 11 in a Texas bankruptcy court.
Large Cap More
The daughter of bankrupt Chinese exile Miles Guo and her New Jersey-based attorney are asking the Second Circuit to overturn a bankruptcy judge's $83,370 discovery sanction, calling the discovery requests in q... (more story)
The litigation administrator for the Celsius Network Chapter 11 plan and the liquidators of Three Arrows Capital have asked a Delaware bankruptcy court to reject FTX's Chapter 11 plan, unless it reserves funds... (more story)
A New Jersey state court has sided with McElroy Deutsch and stayed all litigation between the law firm and two former executives, including both the firm's fraud claims and discrimination counterclaims made ag... (more story)
A Texas bankruptcy judge approved appliance-parts maker Robertshaw's Chapter 11 reorganization plan, overruling an objection from the company's onetime controlling lender and allowing Robertshaw to turn over i... (more story)
Convenience store chain SQRL Service Stations filed for Chapter 11 protection in Texas bankruptcy court with more than $1 billion of debt after fending off a pair of involuntary bankruptcies from its creditor.
A Texas federal judge Friday tossed an investor's racketeering lawsuit alleging a conspiracy involving Kirkland & Ellis LLP, Jackson Walker LLP, a disgraced Texas bankruptcy judge and his secret romance with a... (more story)
Catch up on the past week's key developments by state from Law360 Real Estate Authority — including the commercial real estate cases to watch in 2024's second half, one BigLaw attorney's thoughts on new Washin... (more story)
Federal prosecutors have notified the Second Circuit that they'll appeal a judge's findings that the loss amount in the case of Platinum Partners co-founder Mark Nordlicht was zero and the wire fraud conspirac... (more story)
Consulting giant McKinsey & Co. should pay at least $1.5 billion to cover costs pharmaceutical developer Endo International racked up defending against claims that it helped drive the opioid crisis, an unsecur... (more story)
Months after a Virginia bankruptcy court blocked Vinson & Elkins LLP from representing Enviva in the wood pellet maker's Chapter 11 case due to a possible conflict of interest, the court has reversed course, p... (more story)
Mid Cap More
The U.S. Trustee's Office objected to expense reimbursements to the $100 million stalking-horse bidder for the assets of New York-based metal-cutting machine toolmaker Hardinge Inc., arguing that the provision... (more story)
The U.S. Trustee's Office asked a Delaware bankruptcy judge to reject toymaker Basic Fun's restructuring support agreement, saying it would improperly pay creditor legal fees and include parties that are not i... (more story)
A New Jersey bankruptcy judge Monday approved fitness equipment maker BowFlex Inc.'s Chapter 11 plan, finding the plan's liability releases for third parties were consensual and allowed under the U.S. Supreme ... (more story)
A New Jersey office property owned by New York developer Moshe Gold filed for federal Chapter 11 bankruptcy protection after facing a foreclosure action and an involuntary bankruptcy petition that paused a she... (more story)
Antonia Milonas, the widow of late Greek shipping magnate Spiros Milonas, is seeking bankruptcy protection in New York with about $6.7 million in debt owed to the IRS, her mortgage lender and others.
Former bankruptcy judge David R. Jones was sanctioned Friday for an "off the record" interview with Jackson Walker LLP, in which he asked the firm not to take his deposition during a federal investigation into... (more story)
A Delaware bankruptcy judge said Friday that defunct cryptocurrency exchange Bittrex Inc. can close its Chapter 11 case on the condition that it reserves $3.4 million in funds for four Iranian customers who ar... (more story)
Utah-based law firm Parsons Behle & Latimer PC has added its 11th office by adding five attorneys from St. George, Utah, business law firm Gallian Welker & Associates.
A group of roughly two dozen states threw their support behind the federal government in asking the U.S. Supreme Court to overturn a ruling that forced the IRS to return a tax payment after a bankruptcy truste... (more story)
A University of Southern California neurology professor testified Thursday in Tom Girardi's California federal criminal trial that she diagnosed him with mild-to-moderate dementia months after his law firm col... (more story)