Justices' Standing Ruling May Embolden Carriers In Ch. 11
Meet The Attys In Cloud Tech Co. CalAmp's Prepack Ch. 11
Messy Breakup Left Romance Writers Group Bankrupt
Justices' Standing Ruling May Embolden Carriers In Ch. 11
The U.S. Supreme Court said Thursday that an insurer with a responsibility for its policyholder's Chapter 11 bankruptcy claims can intervene in those bankruptcy proceedings, potentially giving insurers greater leverage in reorganization negotiations and likely causing an influx of insurer objections in bankruptcy court, experts tell Law360.
Meet The Attys In Cloud Tech Co. CalAmp's Prepack Ch. 11
A team of attorneys from Potter Anderson & Corroon LLP is representing California-based cloud technology developer CalAmp Corp. as it moves towards a prepackaged Chapter 11 reorganization through a debt-equity swap.
Messy Breakup Left Romance Writers Group Bankrupt
The Romance Writers of America's messy breakup with its membership — which began with an explosive fight over social media posts about racism — came to an unhappy end in a Texas bankruptcy court last week as the group sought to deal with hotel bills it can no longer pay.
Expert Analysis
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A Texas federal judge was adamant Thursday that a former bankruptcy judge should have recused himself from an engineering company's Chapter 11 proceeding because of his relationship with a then-Jackson Walker ... (more story)
FTX 's creditors have launched a salvo of objections to the defunct cryptocurrency exchange's Chapter 11 plan disclosure statement, arguing it lacks "adequate information" about the objectors' treatment and is... (more story)
A New York judge on Thursday rejected a request by the National Rifle Association and its longtime executives to set aside a jury's $6.4 million verdict that found they misspent charitable funds, saying Attorn... (more story)
A Texas bankruptcy judge considered Thursday if a 2022 sale order in the Chapter 11 of Limetree Bay Services LLC can resolve a property rights dispute over an oil refinery in the Caribbean or if U.S. Virgin Is... (more story)
The U.S. Trustee's Office announced Thursday the watchdog revised its procedures for financial institutions that hold bankrupt companies' funds, noting the changes were made in response to turmoil in the banki... (more story)
A former top deputy in exiled Chinese billionaire Ho Wan Kwok's anti-Chinese Communist Party movement testified in Manhattan federal court this week that she raised millions of investor dollars out of a deep b... (more story)
Right-wing radio host Alex Jones asked a Texas bankruptcy court to convert his bankruptcy case to a Chapter 7 liquidation, abandoning his proposed plan to reorganize his personal debts in the face of more than... (more story)
The U.S. Supreme Court allowed an insurer to intervene in policyholder bankruptcy proceedings, Liberty Mutual requested that a policyholder-judge be removed from a construction accident coverage dispute, and a... (more story)
A Delaware bankruptcy judge Thursday approved Express Inc.'s Chapter 11 financing and asset sale procedures, saying the clothing retailer had corrected the evidentiary deficiencies that led her to pump the bra... (more story)
McCarter & English LLP announced several leadership changes this week, with experienced partners stepping up to lead its environment and energy and tax and private clients groups and to help lead its Wilmingto... (more story)
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Ambri Inc.'s unsecured creditors asked a Delaware bankruptcy judge to deny the company's proposed funding package and asset sale plan and undo a $3.75 million debt rollup, saying the requests amount to a secre... (more story)
Truck Insurance Exchange can intervene in Chapter 11 bankruptcy proceedings of two manufacturing companies facing numerous asbestos injury claims, the U.S. Supreme Court ruled unanimously Thursday in a reversa... (more story)
A Delaware bankruptcy judge on Wednesday approved solar energy firm iSun's $4 million debtor-in-possession funding package on an interim basis over an objection from the U.S. trustee, saying the company's prec... (more story)
Bankrupt music store chain Sam Ash Music Corp. received approval Wednesday from a New Jersey bankruptcy judge for procedures governing its Chapter 11 asset sale process after negotiating concessions with its l... (more story)
A Philadelphia attorney convicted of defrauding his former law firm told a state ethics panel Wednesday that he was remorseful for his deeds, but he noted he was driven to his crime by being owed money by his ... (more story)
The owner of "Le Penthouse," known as one of the most expensive New York City condominiums, filed for Chapter 11 protection in Manhattan bankruptcy court with $66.5 million in debt and a plan to sell off its p... (more story)
The California-based fish taco-focused chain Rubio's Coastal Grill filed its second Chapter 11 bankruptcy in four years on Wednesday in Delaware, saying it had between $100 million and $500 million of liabilit... (more story)
A Tennessee federal judge threw out a lawsuit lodged by former Ruby Tuesday managers alleging Regions Bank caused them to lose out on more than $35 million by inadequately protecting their pensions and breachi... (more story)
California-based cloud technology developer CalAmp Corp. hopes to confirm its prepackaged Chapter 11 plan by the middle of July, its attorneys told a Delaware bankruptcy judge Tuesday.
Drug developer DMK Pharmaceuticals has asked a Delaware bankruptcy judge to award it $328.7 million from pharmaceutical company US WorldMeds LLC, saying USWM didn't properly market an opioid-overdose intervent... (more story)