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Under The Radar: Bankruptcy News You May Have Missed
Johnson & Johnson, Imerys Talc, Cyprus Mines, Takeoff Technologies and SunPower Corp. all fielded objections to their Chapter 11 bankruptcies, from their creditors' committees or the Office of the U.S. Trustee or both, with the U.S. Trustee largely raising concerns about overbroad releases.
More Than Just Superheroes: Marvel Inked Ch. 11 Legacy
The nearly three-decade-old bankruptcy and reorganization of comic book giant Marvel produced a company that has become a major force in Hollywood, but it also led to an enduring legal precedent on conflict-of-interest standards for bankruptcy professionals that is still cited today.
Meet The Skadden Attorneys Behind True Value's Ch. 11
Hardware store supplier True Value Co., limping from the vicissitudes of the COVID-19 pandemic and an increasingly short leash from lenders, has hired lawyers from Skadden Arps Slate Meagher & Flom LLP to help see it through Chapter 11.
Under The Radar: Bankruptcy News You May Have Missed
Johnson & Johnson, Imerys Talc, Cyprus Mines, Takeoff Technologies and SunPower Corp. all fielded objections to their Chapter 11 bankruptcies, from their creditors' committees or the Office of the U.S. Trustee or both, with the U.S. Trustee largely raising concerns about overbroad releases.
More Than Just Superheroes: Marvel Inked Ch. 11 Legacy
The nearly three-decade-old bankruptcy and reorganization of comic book giant Marvel produced a company that has become a major force in Hollywood, but it also led to an enduring legal precedent on conflict-of-interest standards for bankruptcy professionals that is still cited today.
Meet The Skadden Attorneys Behind True Value's Ch. 11
Hardware store supplier True Value Co., limping from the vicissitudes of the COVID-19 pandemic and an increasingly short leash from lenders, has hired lawyers from Skadden Arps Slate Meagher & Flom LLP to help see it through Chapter 11.
Expert Analysis
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The Ninth Circuit recently held in The Lovering Tubbs Trust v. Hoffman that a trustee can avoid intentionally frau... (more story)
Large Cap More
A Delaware vice chancellor has given the nod for a hold-the-status quo order sought by a collateral agent accusing Del Monte Foods Inc. officials of carrying out a corporate restructuring and "lien-stripping" ... (more story)
Bally Sports Networks will be rebranded as FanDuel Sports Networks after a Texas bankruptcy judge approved an agreement between Diamond Sports Group and the betting platform.
A Delaware bankruptcy judge Friday approved residential solar technology company SunPower Corp.'s plans to distribute the proceeds of its asset sales to the creditors in its Chapter 11 case after hearing all o... (more story)
A Texas bankruptcy judge on Friday said he will not push back a Chapter 11 plan confirmation for the former e-commerce unit of shipping group Pitney Bowes in order to buy the creditors' committee more time for... (more story)
A Texas bankruptcy judge on Friday denied a request from the Chapter 7 trustee overseeing SmileDirectClub's liquidation to fund litigation against company insiders by giving the trustee's special litigation at... (more story)
Swedish debt collector Intrum said Friday that it plans to file for Chapter 11 protection in the U.S. along with a reorganization in its home country with eyes set on refinancing $4.9 billion in debt with a lo... (more story)
A California state judge on Thursday trimmed a family's $1.8 million malpractice lawsuit against an attorney that represented it in recovering millions lost in Girardi Keese's embezzlement scandal, calling a b... (more story)
Colorado appellate judges appeared skeptical Thursday of Rudy Giuliani's bid to escape a defamation lawsuit by a former executive for Dominion Voting Systems, noting that they already found Giuliani's statemen... (more story)
The former head of engineering at FTX asked a Manhattan federal judge to spare him prison time in light of his cooperation with prosecutors and what he said was a relatively "limited" role in the crypto exchan... (more story)
A&O Shearman said Thursday that it has tapped a longtime partner to co-head the firm's compensation, employment, pensions and governance practice, bringing it under the joint leadership of alum from each of it... (more story)
Mid Cap More
A Delaware vice chancellor on Friday refused to dismiss a suit challenging the take-public merger of now-defunct Better Therapeutics, saying the investors have sufficiently pleaded direct breach of fiduciary d... (more story)
A historic mixed-use building in New York City's Chelsea neighborhood that was ravaged by the bankruptcies of two major tenants has been acquired and recapitalized by a partnership of RXR Realty and Hudson Bay... (more story)
A Colorado-based truck rental business filed for Chapter 11 protection late Wednesday in Delaware, hoping to sell its assets as a going concern following a liquidity crunch.
A Delaware bankruptcy judge on Thursday said she would send dental laser maker Biolase to the auction block in a little over two weeks with a $14 million opening bid from a company embroiled in a patent disput... (more story)
New Jersey personal injury attorney law firm Michael J. Weiss Inc. has hit Chapter 11 with $697,397.86 in state tax liability, according to court filings.
A New York federal bankruptcy judge has confirmed the owner of a Manhattan condominium complex's revised Chapter 11 plan, signing off on the planned restructuring after initially sending it back for revisions ... (more story)
A group of law professors have asked the Third Circuit to grant shipbuilder Bath Iron Works' request for a rehearing on its bid to reopen the Chapter 11 case of its former affiliate in order to allocate respon... (more story)
Disgraced ex-lawyer Rudy Giuliani told a New York federal court Wednesday that two Georgia poll workers cannot force a sale of his Florida condominium to help cover their $148 million defamation award against ... (more story)
A former U.S. bankruptcy judge is hoping to sink a subpoena from the U.S. Trustee's Office for his banking records in connection with its inquiry into his concealed romantic relationship with a former Jackson ... (more story)
A Florida federal jury ruled Wednesday that the Miami rap group 2 Live Crew is entitled to the copyrights on dozens of songs, finding the group made a valid claim under a law that allows them to claw back owne... (more story)