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WR Grace Asbestos Ch. 11 Spanned Legal Generation
Meet The Attorneys In Wheel Pros' Ch. 11
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Meet The Attys In Trash-To-Gas Refiner Fulcrum's Ch. 11
WR Grace Asbestos Ch. 11 Spanned Legal Generation
Chemical manufacturer W.R. Grace is seeking to put an end to its 2001 asbestos-driven bankruptcy case in a legal landscape that may mean courts will never see an asbestos bankruptcy of this length and complexity again.
Meet The Attorneys In Wheel Pros' Ch. 11
Denver-based specialty tire and car accessory producer Wheel Pros has retained teams from Pachulski Stang Ziehl & Jones LLP and Kirkland & Ellis LLP as it plans to hand control of the company to lenders.
Meet The Attys In Trash-To-Gas Refiner Fulcrum's Ch. 11
Fulcrum BioEnergy Inc., a company that converts garbage to aviation fuel and entered bankruptcy after failing to secure financing for operations and repairs, has put together a team of lawyers from Morris Nichols Arsht & Tunnell LLP to guide it through Chapter 11 and seek an asset sale.
Expert Analysis
Disney and American Airlines recently abandoned certain litigation tactics in two lawsuits after fierce public bac... (more story)
Amid fierce competition for business, the transactional “trusted adviser” paradigm from which most firms operate i... (more story)
The wave of restaurant bankruptcies is likely to continue in the coming months as companies face the looming repay... (more story)
Large Cap More
The Federal Reserve's jumbo interest rate cut last week has lifted hopes that cheaper debt and a potential soft landing will let companies on the brink of bankruptcy avoid insolvency, a welcome reprieve for di... (more story)
A Delaware bankruptcy judge told cosmetics giant Avon Products Inc. on Thursday that it needs to give creditors more time to investigate its dealings with its Brazilian parent company before he can approve a p... (more story)
Long Island's bankrupt Roman Catholic diocese has agreed to a nearly $323 million deal with hundreds of survivors of sexual abuse, a historic settlement that will bring to a close after four years the church's... (more story)
A Delaware bankruptcy judge says the U.S. Supreme Court's decision in Purdue Pharma LP barring nonconsensual third-party releases does not allow a kind of oft-used opt-out waiver for voters who don't return ballots.
The U.S. Department of Justice's bankruptcy watchdog has asked a judge to send the latest Johnson & Johnson talc-liability spinoff bankruptcy to New Jersey, saying Thursday that J&J subsidiary Red River Talc's... (more story)
A former Jackson Walker LLP lawyer on Thursday lost her bid to torpedo a subpoena from the U.S. Trustee's Office seeking her bank records in connection with an inquiry into her secret relationship with a forme... (more story)
FTX Trading Ltd. has asked a Delaware bankruptcy judge for permission to enact a settlement with plaintiffs and counsel it's facing in multidistrict litigation in Florida, saying the proposed deal would preven... (more story)
Stinson LLP has picked up an experienced of counsel from GrayRobinson PA, who joins its bankruptcy and creditors' rights practice and sports and recreation practice in both Tampa and Wilmington, Delaware.
The Chapter 11 examiner appointed in the bankruptcy case of fallen cryptocurrency exchange FTX Trading determined Wednesday that debtor law firm Sullivan & Cromwell didn't ignore any "red flags" about FTX's mi... (more story)
Seven Republican-led states are asking the Eighth Circuit to finalize its court order blocking the Biden administration from implementing its second attempt at student loan forgiveness, accusing the White Hous... (more story)
Mid Cap More
Firstbase.io Inc. has filed for Chapter 11 protection in New York bankruptcy court with up to $50 million of debt, more than three years after the business services company nabbed an investment from startup ac... (more story)
Northern California real estate company LeFever Mattson stockpiled more than $400 million in real estate, including several local landmarks in a small town north of San Francisco. The firm now seeks bankruptcy... (more story)
A New York bankruptcy judge has ruled against the Chapter 7 trustee trying to claw back money for the estate of Cash4Cases, a litigation finance firm whose disbarred founder went to prison for fraud, saying a ... (more story)
The parent company of defunct cryptocurrency-friendly bank Silvergate on Wednesday lost its bid to keep activist investor Joseph Stilwell from seeking election to its board, after a Delaware bankruptcy judge r... (more story)
Bankrupt digital health services company UpHealth can enforce a large part of a $115 million arbitral award against the Indian healthcare services platform Glocal in their feud over an ill-fated merger, an Ill... (more story)
A suspended attorney in the Philadelphia suburbs is one of two men who were recently convicted by a federal jury of participating in fraudulent schemes that involved stealing a house from a deceased couple's family.
The New York Stock Exchange has pulled a proposal that would have provided special purpose acquisition companies with more time to complete mergers while remaining listed, several months after it sought regula... (more story)
A California bankruptcy judge on Tuesday pushed back against criticisms of big fees for professionals in the case of defunct debt relief law firm Litigation Practice Group and said he would approve interim pro... (more story)
An investor asked an Illinois state judge Tuesday for his early approval of a $60 million settlement with an investment adviser who convinced her and others to put money toward an international Ponzi scheme sh... (more story)
A New York bankruptcy judge asked the owner of a Manhattan condominium complex to make changes to its Chapter 11 plan after raising several concerns with details in the planned restructuring that would hand un... (more story)