Meet The Attorneys Directing Dental Laser Co. Biolase's Ch. 11
How Hasty Purchases Drove Wheel Pros Into Ch. 11
FTX Wins Plan Approval, Diamond Sports Drops MLB Deals
Meet The Attorneys Directing Dental Laser Co. Biolase's Ch. 11
Biolase Inc., which makes laser systems used by dentists, has retained teams from Potter Anderson & Corroon LLP and Pillsbury Winthrop Shaw Pittman LLP as it plans for a swift sale during its Chapter 11 case.
How Hasty Purchases Drove Wheel Pros Into Ch. 11
Automotive wheel company Wheel Pros LLC, which is seeking to get its Chapter 11 plan past a creditor vote this week, hit bankruptcy after foundering in debt as it attempted to bounce back from inflation and supply chain woes.
FTX Wins Plan Approval, Diamond Sports Drops MLB Deals
FTX will start repaying customers using up to $16.5 billion in assets that the fallen cryptocurrency company has recovered since filing for bankruptcy in November 2022, after a Delaware bankruptcy judge blessed FTX's reorganization plan at a hearing Monday.
Expert Analysis
Similar to the practice of law, the rules of Diplomacy — a strategic board game set in pre-World War I Europe — ar... (more story)
Amid a growing body of research finding that attorneys face higher rates of mental illness than the general popula... (more story)
The thing that’s so powerful about artificial intelligence is also what’s most scary about it — its ability to det... (more story)
Large Cap More
Former FTX insider Caroline Ellison agreed to give up "substantially all of her assets" and cooperate with the FTX bankruptcy estate in a deal to resolve the claims against her in an adversary proceeding that ... (more story)
The U.S. Environmental Protection Agency revealed on Tuesday that it has reached a $4.2 million proposed deal with Philadelphia Energy Solutions Refining and Marketing LLC, settling a Clean Air Act claim tied ... (more story)
A Delaware bankruptcy judge approved a $505 million settlement between a pair of talc producers and Johnson & Johnson after overruling an objection by a group of insurers to the deal, which would resolve sever... (more story)
Yellow Corp. called on the Tenth Circuit to reverse a lower court's dismissal of the company's $137 million lawsuit against the Teamsters that claimed the union led the nearly 100-year-old company to shutter, ... (more story)
A lawyer for a governmental workers' union challenging the constitutionality of the federal debt limit told a First Circuit panel on Tuesday that a January default is a virtual certainty under existing law, an... (more story)
Swedish electric vehicle battery maker Northvolt AB has moved a subsidiary responsible for a multibillion-dollar expansion project into bankruptcy in Stockholm weeks after the project was shuttered for the com... (more story)
Massachusetts officials are asking the Texas bankruptcy judge presiding over Steward Health Care's Chapter 11 proceedings to order the company to maintain medical malpractice and workers' compensation coverage... (more story)
Celsius Network reported that the reorganized debtor has now distributed a total of $2.57 billion to creditors and customers in both cash and cryptocurrency, meaning more than two-thirds of creditors have rece... (more story)
Wiggin and Dana LLP said Tuesday that it has hired a partner to chair the firm's newly organized restructuring practice in New York, as well as a new special counsel for that group.
Attorneys representing a class of purchasers who sued several canned tuna producers have asked a California federal judge for nearly $20 million in fees and costs associated with their recently inked $64 milli... (more story)
Mid Cap More
A Texas magistrate judge was wrong to recommend dropping litigation funding companies from a suit alleging a law firm deceptively advertised to hurricane victims, with a proposed class of storm victims arguing... (more story)
The owner of music label Lil' Joe Records took the stand Monday as he began to make the case that the members of hip-hop group 2 Live Crew were employees, not independent contractors, when they produced their ... (more story)
An aircraft lessor said its insurers and underwriters are on the hook for more than $222 million in losses stemming from two aircraft that have been stranded in Russia since its invasion of Ukraine, telling a ... (more story)
A Los Angeles-based clothing supplier has sued Rue21, saying the fashion retailer stiffed it on $300,000 worth of invoices and is on the hook for $1.7 million to another vendor.
One Table Restaurant Brands LLC, the Los Angeles-based operator of casual restaurant chain Tender Greens and Mexican eatery Tocaya, received a Delaware bankruptcy judge's interim approval Monday to sell its as... (more story)
The U.S. Supreme Court on Monday declined to take up a student loan borrower's appeal seeking to revive claims that a Pennsylvania loan servicer thwarted forgiveness of his federal student loans by refusing to... (more story)
Private utility entity Aqua Pennsylvania asked a Pennsylvania bankruptcy judge to reject the City of Chester's proposed Chapter 9 plan, saying the city is trying to "commandeer" water and sewer assets in which... (more story)
A company created to protect an investment project supporting green card applications for Chinese nationals accused a North Carolina attorney in state court of helping shareholders try to place the company int... (more story)
Private equity firm and nursing home operator Goldner Capital Management has filed for Chapter 11 in New York bankruptcy court, claiming a lender orchestrated a "Trojan horse" scheme to cause it to default on ... (more story)
Former bankruptcy judge David R. Jones said judicial immunity bars claims over his undisclosed romantic relationship with a former Jackson Walker LLP attorney because the purported harm to the onetime head of ... (more story)