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Latest News in Bankruptcy

  • January 13, 2017

    Gardere Welcomes 5 Attys In Texas, Colo. Offices

    Gardere Wynne Sewell LLP added partners to its corporate and bankruptcy practice groups in Dallas, along with a senior counsel with expertise in advising startups, a senior attorney focusing on restructuring and a supply network associate, the firm announced Thursday.

  • January 13, 2017

    ATopTech Hits Ch. 11 10 Months After $30M IP Verdict

    Software company ATopTech Inc. filed for Chapter 11 protection in Delaware on Friday, about 10 months after a California federal jury hit it with a $30 million verdict on accusations of infringing Synopsys Inc.'s copyrights, but says it has a potential buyer lined up to anchor a bankruptcy auction.

  • January 13, 2017

    Triangle USA Gets Nod To Take Ch. 11 Plan To Creditors

    A Delaware bankruptcy judge agreed Friday to approve Triangle USA Petroleum Corp.’s disclosure statement for its Chapter 11 plan, allowing the oil driller to solicit creditor votes on a strategy centering on unsecured creditors swapping out debt for equity in a reorganized company.

  • January 13, 2017

    Hampshire Nets Nearly $1M In Del. Ch. 11 Goods, IP Sale

    Menswear supplier Hampshire Group Ltd. knit together a quick bankruptcy sale of its top brands in Delaware on Friday, netting less than $1 million but still calling the development an important step toward an orderly Chapter 11 liquidation.

  • January 13, 2017

    Life Partners Investors Want Goodman & Nekvasil DQ'd

    The investors who are class-action plaintiffs in an adversary case in the Life Partners Holdings Chapter 11 told a Texas bankruptcy judge on Thursday to disqualify and sanction Goodman & Nekvasil PA because the firm sent out solicitation letters to Life Partners investors and lied to the court about it.

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