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Under The Radar: Bankruptcy News You May Have Missed
Brazilian airline GOL Linhas wants five more months to file a Chapter 11 plan, the U.S. trustee in Texas is champing at the bit to obtain documents from Jackson Walker LLP in connection with an investigation into ex-Judge David R. Jones, and talc claimants want another shot at moving the bankruptcy of a Johnson & Johnson unit out of Texas, the home of the divisional merger.
Meet The Attys In Brazilian Electricity Biz Light SA's Ch. 15
The foreign representative for Light SA, parent to a major Brazilian electrical utility, has hired attorneys from White & Case LLP to help him obtain U.S. recognition of the company's Brazilian restructuring.
Behind The Ch. 11 Filing Of Rental Biz Fluid Trucking
Truck rental business Fluid Trucking is one of the latest companies to file for bankruptcy following a reversal of fortunes after the COVID-19 pandemic, in which the debtor blamed its "aggressive growth" strategy as being among the factors that led to bankruptcy.
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A New Jersey federal court tossed an insurer's suit seeking to escape coverage for more than 200 sexual abuse lawsuits brought against the Catholic Diocese of Trenton, saying Monday the suit "relies on a stric... (more story)
Lawyers for a class of consumers that sued three of the largest tuna producers accusing them of conspiring to fix tinned fish prices asked a California federal court to approve nearly $50 million in legal cost... (more story)
A Michigan federal jury said Monday a personal injury firm already got what it was owed as local counsel for survivors of former USA Gymnastics doctor Larry Nassar's abuse, rejecting the firm's claims against ... (more story)
Linklaters LLP announced Monday the addition of four partners from the recently merged Allen Overy Shearman Sterling to the firm's finance division, deepening its U.S. capital markets and restructuring offerings in New York.
The FTX bankruptcy estate reached a deal worth about $228 million to resolve its lawsuit against cryptocurrency exchange Bybit and the firm's investment arm, Mirana Corp., that alleged they unfairly jumped the... (more story)
A Texas bankruptcy judge said he would approve the sale of seven more of Steward Health Care's hospitals to affiliates of California-based Healthcare Systems of America, including five in Florida and two in Texas.
Spirit Airlines will implement layoffs as part of a plan to cut roughly $80 million in costs and has agreed to sell 23 Airbus aircraft to GA Telesis for about $519 million, disclosing the measures as the compa... (more story)
A Texas bankruptcy judge deferred ruling on a motion from the Chapter 7 trustee in the bankruptcy of right-wing media fabulist Alex Jones to conduct sales of certain of the estate's assets, saying he wants to ... (more story)
A Delaware bankruptcy judge Friday approved discount retailer Big Lots Inc.'s plans to put itself on the block next week after hearing the provider of the baseline bid for the sale had secured the financing fo... (more story)
McGlinchey Stafford PLLC made its first new hire in Tampa after opening the Florida office in early September with the addition of an of counsel for the financial services litigation group from Garbett Allen & Roza PA.
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Gibson Dunn and Seyfarth Shaw are among the law firms that steered the largest New York City real estate deals that hit public records last week, a list headlined by a pair of Brooklyn deals above the $200 million mark.
A family enmeshed in New York's art world is suing their former attorneys in relation to a dismissed bankruptcy proceeding with an art collector over a breach of contract, alleging the attorneys' incompetence ... (more story)
Longtime New York youth mental health services provider St. Christopher's Inc. has received a $4 million bid for its Dobbs Ferry residential campus in a Chapter 11 auction.
The U.S. Trustee's Office is asking a New York bankruptcy judge to hold off a decision regarding the receivership of a New Jersey building owned by New York developer Moshe Gold until the judge decides what co... (more story)
Indian healthcare services platform Glocal and bankrupt digital health services company UpHealth may be on the verge of resolving their bitter dispute over an ill-fated merger that resulted in a $115 million a... (more story)
A Texas bankruptcy judge approved a $14.5 million sale of pipe distributor Tubular Synergy Group's assets to pipe manufacturer Centric Pipe LLC after it emerged as the top bidder in a Chapter 11 auction.
Dental procedure equipment maker Biolase Inc. cannot retain the company's longtime outside general counsel, Carroll & Carroll PC, as special counsel in its Chapter 11, the U.S. Trustee's Office has told the De... (more story)
A Texas bankruptcy court on Friday shot down a former judge's bid to shield his banking records from a U.S. Trustee's Office inquiry into his concealed romantic relationship with a former Jackson Walker LLP pa... (more story)
The U.S. Department of Justice on Thursday told a Texas bankruptcy judge it has concerns about the Chapter 11 filing of a California wound care practice, saying it has been under investigation for possible fal... (more story)
A panel of the Third Circuit on Thursday upheld a New Jersey bankruptcy court's ruling that $1.7 million in retirement accounts are excluded from the Chapter 7 estate of an individual debtor and cannot be purs... (more story)