Yardbird Southern Dining Chain Hits Ch. 11 With $50M Debt

By Vince Sullivan

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.

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FTX Trust Says SkyBridge Can't Collect $53M In Ch. 11 Claims

By Rick Archer

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.

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Judge OKs Up To $3.2M In BioXcel Employee Ch. 11 Bonuses

By Clara Geoghegan

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.

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Nielsen Faced Potential Fine Of $50K Per Day In Tying Case

By Nadia Dreid

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.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

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.

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Womble Bond Plants Flag In Florida With Jacksonville Shop

By Lynn LaRowe

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.

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How Cannabis Rescheduling Is Reshaping Bankruptcy

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.

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Legal Deserts: Millions Across America Struggle To Access Lawyers

Tens of millions of Americans live in towns and counties across the nation with limited or no access to legal services. By one estimate, at least a third of the nation's counties qualify as a "legal desert," having only one or no attorney per 1,000 residents. Roughly 24 million Americans reside in these counties.

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Greenberg Traurig Hit With Action Over Client Data Breach

By Matt Perez

A proposed class of Greenberg Traurig LLP clients said the New York law firm failed to secure their personal data prior to a preventable data breach and delayed notifying clients of the breach for two weeks, in an action filed over the weekend in New York federal court seeking injunctive and other equitable relief to protect client data.

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Tesla Atty Misled Witness Days Before Bias Trial, Judge Hears

By Dorothy Atkins

The California Civil Rights Department asked a California judge for a protective order Monday on the first day of a bench trial over claims Tesla Inc. fostered racism at its Fremont factory, after a witness testified that an in-house Tesla attorney recently called him and misled him into believing he represented the agency.

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New Calif. Law Bars Legal Funders From Influencing Litigation

By Jack Karp

Corporate investors and litigation funders will be barred from influencing litigation strategy in California under a new bill signed by Gov. Gavin Newsom.

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Q&A

She Has A Point: Fenwick's Jessica Kaempf

By Theresa Schliep

Jessica Kaempf of Fenwick & West LLP is a pragmatic yet tenacious attorney whose representation of her clients has earned her plaudits from Kathi Vidal of Winston Taylor, who praised Kaempf as part of a Law360 series celebrating women litigators.

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$1.35M Class Deal Reached Over Botched Calif. Bar Exam

By Emily Johnson

Takers of the February 2025 California bar exam that was marred by technical failures have agreed to settle their proposed class action against the proctor for $1.35 million, while the company also agreed to complete quality checks before proctoring future bar examinations, according to a motion seeking preliminary approval in federal court.

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Ex-Prosecutor Escapes Jan. 6 Atty's Defamation Suit

By Jared Foretek

Former federal prosecutor Andrew Weissmann on Monday won judgment on the pleadings in a defamation case brought by attorney Stefan Passantino, who had represented Cassidy Hutchinson, after Passantino alleged Weissmann had defamed him when saying he'd "coached" Hutchinson "to lie" to the January 6th Select Committee.

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