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Children's Place Hits Ch. 11 With $881M In Debt, Sale Plans

Cars are parked in a parking lot facing the facade of a building with blue lettering and large photos of posed children.

By Alex Wittenberg

Retailer The Children's Place has filed for Chapter 11 protection in New Jersey bankruptcy court with $881.3 million in debt and a plan to sell its assets during the case.


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  • Trump Eyes OLC Chief For Texas Judgeship After Midterms

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    President Donald Trump is considering the head of the U.S. Department of Justice's Office of Legal Counsel for a federal judgeship in Texas, a process that started right after the Democrats won big in last week's midterm elections.

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    As more former Weil Gotshal & Manges LLP attorneys find new homes for their practices while the firm winds down operations, Latham & Watkins LLP confirmed Monday that it hired five partners and one counsel across multiple U.S. offices.

  • Justices Seek US View On Pharma's Iraq Terror Liability

    By Madeline Lyskawa

    The U.S. Supreme Court on Monday invited the U.S. solicitor general to opine on a lawsuit accusing pharmaceutical companies of aiding a Hezbollah-linked militia's terrorist activities in Iraq, after the D.C. Circuit held the plaintiffs adequately alleged that the companies' participation was conscious and voluntary.

  • Justices Pass On Reviewing MS Drug Arbitration Feud

    By Caroline Simson

    The U.S. Supreme Court on Monday passed on reviewing a Second Circuit decision refusing to add some $66 million to a $16.6 million arbitral award issued to Acorda Therapeutics in a multiple sclerosis drug dispute, a petition that sought clarity on when an arbitrator "manifestly disregards" the law.

  • Justices Won't Revisit Toss Of White Anchor's Race Bias Suit

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  • Justices Skip Raytheon Workers' Bias Suit Over COVID Rules

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  • McDonald's Falsely Touts 'Sugar Free' Coffee Bevs, Suit Says

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    McDonald's "sugar free" McCafé coffee beverages actually have up to 18 grams of sugar due to dairy, consumers alleged Friday in a proposed false advertising class action filed in Illinois federal court, saying the fast-food chain's use of the "sugar free" term violates federal regulations and consumer protection laws.

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    Browne v. Donalds, a music copyright dispute currently pending in California federal court, may set significant precedent for whethe... (read more)
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    Federal Trade Commission leaders have recently sketched a vision of an agency that continues an enforcement role distinct from the U... (read more)
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