Expert Analysis

So You Want To Move Your Law Practice To Canada, Eh?

Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re... (more story)

A Strategic Checklist For Bankruptcy Motion Objections

Hewing to a set of best practices for objecting to a motion in bankruptcy cases can help creditors’ counsel stay o... (more story)

The 3rd-Party Bankruptcy Release Landscape After Purdue

In its Purdue Pharma ruling prohibiting nonconsensual third-party releases, the U.S. Supreme Court did not comment... (more story)

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MDL Counsel Present Deal With FTX Estate To Fla. Court

Counsel for plaintiffs in the multidistrict litigation over the collapse of cryptocurrency trading platform FTX Trading Ltd. told a Florida federal judge Thursday that they have reached a deal with the FTX est... (more story)

Maryland Seeks To Undo Litigation Pause In Purdue Appeal

The state of Maryland argued in New York federal court Thursday that it should be allowed to pursue claims against the Sackler family members who own bankrupt OxyContin maker Purdue Pharma LP, and that a tempo... (more story)

Judge Pondering 3rd-Party Releases In LaVie Ch. 11 Plan

A Georgia bankruptcy judge on Thursday said he will have to consider arguments on whether third-party claim releases in skilled nursing facility operator LaVie Care Centers' Chapter 11 plan are truly consensua... (more story)

Tehum Care Gets OK To Take Votes On Ch. 11 Plan

Prison healthcare provider Tehum Care Services will begin soliciting votes on a Chapter 11 plan crafted by the company and committees for creditors and tort claimants after securing a Texas bankruptcy judge's ... (more story)

Ventilator Co. Vyaire's Ch. 11 Plan Gets OK After Sales Close

A Delaware bankruptcy judge Thursday confirmed the Chapter 11 liquidation plan of Vyaire Medical, after the ventilator maker completed sales of its two businesses.

Diamond Sports' Ch. 11 Plan Gets Nod With Amazon Deal

Diamond Sports Group received approval for its Chapter 11 plan Thursday from a Texas bankruptcy court, clearing the way for its continued broadcast of 27 professional sports teams and new streaming options thr... (more story)

The Onion Buys Alex Jones' Infowars At Ch. 7 Auction

Satirical news website The Onion has purchased Alex Jones' Infowars at a Chapter 7 bankruptcy auction, according to a Thursday announcement by the firm representing Sandy Hook shooting survivors who won a $1.4... (more story)

Republic Bank's 'Dysfunction' Enabled Its Failure, FDIC Says

The former Republic First Bank failed because of its inability to hold certain debt securities, its insufficient liquidity and an ineffective board and management team, according to a post-mortem review issued... (more story)

Feds Seek FTX Assets Used For Alleged China Bribes

U.S. prosecutors have asked a New York federal judge to help secure millions of dollars worth of digital assets held at cryptocurrency exchange Binance, alleging the tokens are tied to what they described as b... (more story)

FTX Prosecutors Tout Tech Chief's 'Outstanding Cooperation'

Manhattan federal prosecutors urged a lenient sentence for former FTX technology chief Zixiao "Gary" Wang, telling the court on Wednesday that his "outstanding cooperation" was instrumental in securing the lig... (more story)

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Giuliani Attys Signal Impasse In Bid To Exit Collection Cases

Attorneys representing disgraced ex-lawyer Rudy Giuliani asked a New York federal court to allow them to withdraw from representing him in a pair of cases from former Georgia poll workers seeking to collect a ... (more story)

Louisiana Oil Field Co. Hits Ch. 11 Again With $115M Debt

PetroQuest Energy Inc., an oil and gas exploration company, filed for bankruptcy in Delaware reporting $115.5 million in debt with plans to sell its Texas operations five years after it exited Chapter 11 in 2019.

Judge To Confirm Ambri Ch. 11 Wind-Down Plan

A Delaware bankruptcy judge Wednesday agreed to approve the Chapter 11 plan of battery company Ambri Inc., which will sell its assets to its lenders and wind down.

Sticky's Chicken Gets OK For 3-Year Ch. 11 Plan

A Delaware bankruptcy judge Wednesday confirmed the Chapter 11 plan of popular New York-area chicken restaurant chain Sticky's that includes a $300,000 equity infusion from existing investors.

Blink Fitness Gets OK For $121M Sale To PureGym

A Delaware bankruptcy judge has approved Blink Fitness' $121 million sale of its assets to U.K.-based PureGym Ltd., whose subsidiary won an auction held late last month, overruling objections over the auction'... (more story)

Instant Brands Equity Owner Accused Of Lying To Lenders

The litigation trustee for bankrupt kitchenware maker Instant Brands Wednesday filed suit in Texas bankruptcy court accusing the company's equity owner of lying to lenders and sending the company into Chapter ... (more story)

Gritstone Bio Can Tap $25M New DIP As It Works Toward Sale

Vaccine developer Gritstone bio Inc. won a Delaware bankruptcy judge's approval Wednesday to borrow $25 million in new financing to support itself in Chapter 11 as the biotechnology company works to find a buyer.

Jackson Walker Must Supply Docs In Judge-Atty Affair Probe

The Texas federal court overseeing a U.S. Trustee's Office probe of a former Jackson Walker LLP partner's undisclosed relationship with a then-bankruptcy judge has given the firm until Friday to turn over its ... (more story)

Goulston & Storrs Real Estate Attys Talk Distress Playbook

As commercial real estate distress continues to play out, attorneys are seeing lenders adopt new strategies to save or reduce their exposure to troubled assets, sometimes working in tandem with investors looki... (more story)

Online Car Financing Co. Vroom Crashes Into Ch. 11

Former used car seller and financier Vroom Inc. filed for Chapter 11 bankruptcy Wednesday in Texas with a prepackaged plan to swap $290 million of debt for the bulk of the equity in a reorganized business.