Elevated casual dining chain Yardbird Group LLC filed for Chapter 11 protection Monday in Delaware, listing $25 million of secured debt obligations and another $25 million in unsecured claims as it pursues a sale of its business.
Elevated casual dining chain Yardbird Group LLC filed for Chapter 11 protection Monday in Delaware, listing $25 million of secured debt obligations and another $25 million in unsecured claims as it pursues a sale of its business.
FTX's liquidating trust is asking a Delaware bankruptcy judge to reject $53 million in claims from firms affiliated with a former Trump administration official, saying the companies came out ahead of deals at issue in the case.
A Delaware bankruptcy judge approved employee retention and executive incentive payments that could total up to $3.2 million as AI-bolstered pharmaceutical group BioXcel works to sell its assets in Chapter 11.
If the Second Circuit hadn't stepped in and paused a New York federal court order commanding Nielsen Co. to provide its national ratings data separate from its local offerings, the company would have racked up $50,000 a day in sanctions if it did not comply.
The Delaware Chancery Court this past week dismissed a challenge to Alteryx Inc.'s $4.4 billion take-private sale, resolved a fight over the removal of a security technology company's director and declined to let Empery Digital Inc. immediately appeal a proxy contest ruling.
Womble Bond Dickinson announced Monday that it has opened an office in Jacksonville, its first in Florida, with a three-member team of bankruptcy and restructuring attorneys anchoring the new location.
As broader cannabis rescheduling awaits a recommended decision, cannabis companies continue to test the boundaries of the Bankruptcy Code, with the recent Cannabist Chapter 15 recognition order suggesting that governmental resistance may be reduced in future filings, say attorneys at Thompson Coburn.
Seyfarth Shaw LLP has disclosed a recent data breach that exposed the names and Social Security numbers of at least 300 individuals, according to notices filed with the Texas and California attorneys general.
A California federal judge ordered Meta on Tuesday to rereview privilege designations on 300 documents in social media addiction litigation, after plaintiffs' lawyers cited a "culture of privilege abuse" epitomized by Instagram swag hats embroidered with "a/c priv" — the shorthand used to log withheld documents.
U.S. District Judge Thomas L. Ludington is taking a one-year paid leave of absence from the bench following his misdemeanor conviction for drunken driving, the U.S. District Court for the Eastern District of Michigan announced Tuesday.
Womble Bond Dickinson can't withdraw from a trademark feud that's dragged on for more than five years between U.S. and Dutch software companies, a North Carolina federal judge ruled, saying the firm's exit at this late stage "would be completely disruptive."
