September 23, 2021
An ongoing battle over the constitutionality of a 2017 law that increased the fees owed by Chapter 11 debtors in some jurisdictions has made its way to the nation's highest court, with the liquidating trustee in Circuit City's bankruptcy case asking the U.S. Supreme Court to decide the issue.
April 30, 2021
The Fourth Circuit Court of Appeals granted the Office of the United States trustee a pair of wins Thursday in a row with the liquidator of former retailer Circuit City when it upheld the constitutionality of a 2017 increase in quarterly fees charged by the trustee in Chapter 11 cases.
January 27, 2016
The bankruptcy trustee of Circuit City Stores Inc. has agreed to settle its claims accusing Technicolor, TDA and LG of fixing the price of cathode ray tubes in long-running multidistrict litigation in California, telling a Virginia bankruptcy court Tuesday that the agreements will allow it to avoid lengthy and expensive litigation.
December 12, 2014
The U.S. bankruptcy trustee for Circuit City Stores Inc. asked a Virginia bankruptcy judge on Friday to collect nearly $1 million from the California Franchise Tax Board in prepetition overpaid taxes.
June 12, 2013
Circuit City Stores Inc.'s liquidating trust has reached a settlement with Sharp Corp. to resolve part of multidistrict antitrust litigation over alleged price-fixing on liquid crystal display panels, according to a filing Tuesday in Virginia federal bankruptcy court.
December 04, 2012
The trustee liquidating Circuit City Stores Inc. asked a Virginia bankruptcy judge Tuesday to approve a settlement with Toshiba America Information Systems Inc. and an affiliate to settle some $91.9 million in total claims and avoid the risk of litigation.
November 02, 2012
The trustee for bankrupt retailer Circuit City Stores Inc. on Thursday asked the Virginia bankruptcy court to sign off on a settlement reached with LG Display Co. Ltd. in a wide-ranging multidistrict litigation over price-fixing in the market for liquid crystal display screens.
October 23, 2012
The liquidating trust for bankrupt Circuit City stores on Monday reached a settlement with Chi Mei Electronics in antitrust multidistrict litigation over price-fixing in the market for LCD screens.
August 29, 2011
A Virginia bankruptcy judge on Friday approved the $6 million sale of Circuit City Stores Inc.'s intellectual property assets to Innovative Video Security LLC, the highest bidder at an Aug. 16 auction.