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Bankruptcy
Bankruptcy Law360 provides breaking news and analysis on bankruptcy law. Coverage includes corporate bankruptcies and out-of-court restructurings, as well as corporate distress and imminent bankruptcy and policy developments that affect bankruptcy law.
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Latest News in Bankruptcy
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July 26, 2024
FTX's Ryan Salame Asks To Delay Prison After Dog Attack
Former FTX executive Ryan Salame on Friday asked a New York federal judge to delay his prison surrender date because he was recently mauled by a German Shepherd and must undergo "urgent and necessary medical treatment and surgery."
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July 26, 2024
Puerto Rico Fiscal Board Sues To Stop Solar Panel Bill
The Financial Oversight and Management Board for Puerto Rico on Friday sued Gov. Pedro R. Pierluisi to nullify a law extending a program which reduces the cost of solar panels for Puerto Rican households, calling it legislative interference with the island's energy regulator.
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July 26, 2024
Judge Requires 'Opt In' Releases For Red Lobster Ch. 11
A Florida bankruptcy judge said on Friday that she will conditionally approve disclosures for Red Lobster's reorganization plan after the seafood chain agreed to add "opt in" procedures that some creditors can use to release third parties from liability under its Chapter 11 plan.
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July 26, 2024
Online Education Group 2U Gets Interim OK For Ch. 11 Loan
Remote learning and accreditation group 2U Inc. received interim approval on Friday to access $60 million of a $64 million debtor-in-possession financing package to fund its Chapter 11 case.
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July 26, 2024
Apparel Biz Delta Can Auction Assets In August
A Delaware bankruptcy judge cleared the way Friday for clothing manufacturer Delta Apparel to put its assets on the auction block next month with a $28 million starting bid for one of its lifestyle and fashion brands, as the company continues to search for a stalking horse to bid on its remaining clothing lines.
Areas of Coverage
- PROCEEDINGS
- Liquidations under Chapter 7
- Municipal bankruptcies under Chapter 9
- Reorganizations under Chapter 11
- Cross-border bankruptcies under Chapter 15
- Chapter 7 conversions
- Out-of-court debt restructurings
- U.S. trustee appointments
- Law firm and restructuring firm retentions
- Creditor committee formation
- Debtor-in-possession financing
- Disclosure statements
- Reorganization plans and plan confirmation
- Adversary proceedings
- Creditor disputes
- Clawback suits
- Fraudulent transfer actions
- Asset sales
- Bankruptcy appeals
- POLICY & REGULATION
- Federal and state regulation and legislation that affects bankruptcy procedure
- PROFILES
- Personnel moves
- Profiles of bankruptcy practices
Readership
- Bankruptcy lawyers at top law firms
- Corporate counsel and compliance officers at Fortune 1000 companies
- Executives and attorneys in the restructuring and hedge fund industries
- Information experts at law firms, agencies, and companies
- Policymakers at federal and state agencies
- Judges and court staff across the U.S.
- Professors, students, and library staff at every accredited law school in the U.S.
- Attorney and law firm marketing professionals