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Expert Analysis

E-Discovery Quarterly: Recent Rulings On Text Message Data

Electronically stored information on cellphones, and in particular text messages, can present unique litigation ch... (more story)

How Banks Can Preserve Value Amid Corporate Default Surge

Amid a busy time for corporate bankruptcies, banks need a nuanced understanding of contractual rights, regulatory ... (more story)

Key Priorities In FDIC Report On Resolving Big Bank Failures

The Federal Deposit Insurance Corp.'s report last month on the resolvability of large financial institutions conta... (more story)

Large Cap More

Full 4th Circ. Urged To Settle Key 'Texas Two-Step' Questions

A Fourth Circuit panel left critical issues open when it denied permission to an appeal challenging the so-called Texas two-step Chapter 11 of industrial equipment maker Aldrich Pump, asbestos claimants in two... (more story)

Baker Donelson Adds Bankruptcy Pro Amid High Demand

Firms are still scouting bankruptcy talent throughout the U.S., with Baker Donelson Bearman Caldwell & Berkowitz PC announcing Thursday that it has added a former Lugenbuhl Wheaton Peck Rankin & Hubbard attorn... (more story)

V&E Defends Its Enviva Work From Trustee's Conflict Claim

Vinson & Elkins LLP urged a Virginia bankruptcy court on Thursday to reject "outrageous claims" by the U.S. Trustee's Office that the law firm shouldn't be allowed to represent Enviva in the wood-pellet maker'... (more story)

Bally Sports Parent Seeks OK For Renewed DirecTV Deal

The parent company of sports network operator Bally Sports has asked a Texas bankruptcy judge to approve renewed multiyear contracts with DirecTV, saying the revenue from the deal is a "critical component" of ... (more story)

Syracuse Diocese Creditors Urge Contempt On Insurer Leaks

Unsecured creditors of the bankrupt Roman Catholic Diocese of Syracuse have asked a New York judge to hold insurers Interstate and an affiliate of Allianz in contempt for sharing confidential sex abuse survivo... (more story)

Hospital REIT Sees $736M Loss After Tenant's Ch. 11 Filing

Medical Properties Trust, a healthcare real estate investment trust, lost $736 million in the first quarter of the year from the financial collapse of Steward Health Care, a major tenant, and the write-off of ... (more story)

Texas Court Urged To Keep Alive Judge Romance Suit

In a flurry of filings, a former shareholder in an engineering company has pushed a Texas federal court to reject bids to throw out his lawsuit over an ex-bankruptcy judge's secret relationship with a former J... (more story)

NY AG Says $6M NRA Verdict Should Stand

A New York state court should not undo a jury's finding that theĀ National Rifle Association allowed its officers to misappropriate $6.4 million of donor money, the state's attorney general has argued, saying t... (more story)

FTX Says Full Recovery Coming Based On 2022 Crypto Price

Bankrupt cryptocurrency exchange FTX Trading Ltd. has claimed its proposed Chapter 11 plan would be able to pay creditors in full with a $13 billion distribution that exceeds the estimated allowable $11.2 bill... (more story)

Bill To Undo SEC Crypto Accounting Bulletin Passes House

Lawmakers in theĀ U.S. House of Representatives on Wednesday voted to overturn the U.S. Securities and Exchange Commission's controversial cryptocurrency accounting guidance despite protests from Democrats to t... (more story)

Mid Cap More

Del. Court Extends Ch. 11 Stay To Jambys Execs

A Delaware bankruptcy judge on Friday gave permission to online clothing brand Jambys Inc. to apply the automatic stay covering the company to its two co-founders, finding that they personally guaranteed many ... (more story)

JLM Couture Nears Settlement With Bridal Dress Designer

Dressmaker JLM Couture told Delaware's bankruptcy court Friday it reached an agreement in principle with a bridal dress designer, who was sued by the company and had sought to convert its Chapter 11 case into ... (more story)

Sam Ash Music Can Tap $20M DIP That Trustee Opposed

Music store chain Sam Ash won a New Jersey bankruptcy court's blessing Friday to borrow $20 million in Chapter 11 financing, defeating an objection by the U.S. Trustee's Office to a mechanism that would let th... (more story)

Legal Tech Co. IDocket Settles $5M Claim With IT Co. IncluIT

Government case management and court record search provider iDocket.com has asked a Texas bankruptcy court to approve a settlement between itself and Florida software company IncluIT concerning a disputed clai... (more story)

Casa Systems Strikes Deal For Ch. 11 Cash Collateral

Casa Systems Inc. said Friday it was ready to submit a cash collateral order for the Delaware bankruptcy court's approval, after the debtor, its unsecured creditors committee and an ad hoc group of secured len... (more story)

Toymaker KidKraft Files Ch. 11 With Plan To Sell Assets

Dallas toy company KidKraft Inc. filed for Chapter 11 protection in a Texas bankruptcy court Friday with more than $100 million in debt, blaming economic headwinds and saying it has a prepackaged sale plan.

Judge Will OK Chicken Co.'s $7M Ch. 7 Sale

A Delaware bankruptcy judge on Thursday agreed to grant the liquidation trustee for a defunct poultry producer approval to sell the company's assets to a competitor for $7.1 million, overruling a limited objec... (more story)

Apnea Device Maker ProSomnus Gets OK For Ch. 11 Loan

A Delaware bankruptcy judge Thursday gave sleep apnea device maker ProSomnus interim permission to tap into $13 million in Chapter 11 financing to fund the company through what it says will be the end of its case in August.

Appgate To Get Interim OK To Tap $8M Of $18M DIP

A Delaware bankruptcy judge Wednesday agreed to give interim approval for technology firm Appgate Inc. to tap $8 million of its debtor-in-possession financing to fund its way through its prepackaged bankruptcy.

Biotech Co. NanoString Seeks Vote On Updated Ch. 11 Plan

Seattle-based life sciences firm NanoString Technologies Inc. has asked a Delaware bankruptcy judge to let it send its amended Chapter 11 liquidation and wind down plan, which would use money from the $393 mil... (more story)