LEAR CAPITAL, INC., a California Corporation
Case Number:
1:22-bk-10165
Court:
Nature of Suit:
Firms
- Brown McGarry
- Klehr Harrison
- Morris James
- Potter Anderson
- Ropers Majeski
- Ross Smith & Binford
- Shulman Bastian
- Sullivan Hazeltine
- The Voss Law Firm
Government Agencies
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June 29, 2022
Sears Lease Fight Hits High Court, Gulf Coast Plan Approved
The U.S. Supreme Court took up a lease fight between Sears Holdings and the Mall of America, Gulf Coast Health Care got its Chapter 11 plan confirmed, and contractors owed money by the owner of the Carolina Panthers want a bankruptcy venue transfer. This is the week in bankruptcy.
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June 24, 2022
Creditor Committee OK'd In Lear Capital Subchapter V Case
A Delaware bankruptcy judge has approved a settlement that will allow the formation of a committee to represent Lear Capital Inc.'s customers in the metal and coin investment firm's Subchapter V bankruptcy and extend case deadlines by three months to allow plan talks.
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May 04, 2022
Lear Capital Balks At Ch. 11 Customer Claims Committee
Metal and coin investment firm Lear Capital told a Delaware judge Wednesday that three customers asserting fraud claims against the company didn't understand the impact of asking for the formation of a creditors committee in the Chapter 11 case and that such an appointment isn't justified in the proceedings.
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May 03, 2022
Week In Bankruptcy: Purdue On Defense, Becker Goes To Jail
Purdue Pharma LP told the Second Circuit that decades of precedent justify opioid liability releases given to the Sackler family under its Chapter 11 plan, tennis legend Boris Becker is headed to jail across the pond for hiding assets in bankruptcy, and asbestos claims drove a Hess Corp. subsidiary into bankruptcy in Texas. This is the week in bankruptcy.
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April 27, 2022
Bankrupt Lear Capital's Wronged Investors Piling Up In Ch. 11
A trustee in the bankruptcy of metal and coin investment firm Lear Capital Inc. told a Delaware bankruptcy judge Wednesday that "dozens and dozens" of consumers have inquired about the case, filed in the wake of fraud claims and now facing dismissal calls from regulators in 24 jurisdictions.
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April 26, 2022
Week In Bankruptcy: InfoWars' Shaky Start, Releases Still Roil
Alex Jones moved three holding companies into bankruptcy last week to shield his intellectual property from defamation suits, immediately drawing the ire of the Sandy Hook families that sued him for defamation, the Office of the U.S. Trustee and the judge overseeing the cases; the U.S. trustee continued its national crusade against non-consensual third-party releases; and mass tort cases chugged along. This is the week in bankruptcy.
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April 21, 2022
Coin And Metal Dealer's Customers Seek Ch. 11 Committee
A group of customers claiming they were duped into bad precious metal investments by a California telemarketing firm are asking a Delaware bankruptcy judge to appoint a committee to represent them and what they claim may be thousands of other customers.
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March 02, 2022
Coin And Metal Dealer Hits Ch. 11 In Del. Under Legal Cloud
A California telemarketing firm that agreed in December to a $6 million settlement with New York's attorney general for misleading precious metal and coin investors has retreated into an anticipatory Chapter 11 in Delaware, saying that it has little secured debt but likely faces multiple "expensive and disruptive" claims.