Expert Analysis

A Closer Look At SDNY Bankruptcy Rule Amendments

The U.S. Bankruptcy Court for the Southern District of New York’s recent amendments to its local rules aim to stre... (more story)

FTX Exec's Sentencing Shows Pros And Cons Of Cooperation

The sentencing of former FTX tech deputy Gary Wang, whose cooperation netted him a rare outcome of no prison time,... (more story)

Gardening Makes Me A Better Lawyer

Beyond its practical and therapeutic benefits, gardening has bolstered important attributes that also apply to my ... (more story)

Large Cap More

FTX Says Three Arrows Can't Add $1.5B To Ch. 11 Claims

FTX is pushing back against efforts by liquidators for defunct cryptocurrency hedge fund Three Arrows Capital to add more than $1.5 billion to its claims in FTX's Chapter 11 case in Delaware bankruptcy court.

Feds, NC Insurance Mogul Want Grier Wright On $2B Liquidation

Convicted insurance mogul Greg Lindberg and federal prosecutors have come together to ask a North Carolina federal judge to appoint an attorney from Grier Wright Martinez PA to serve as special master for liqu... (more story)

Conn. Panel Pares $150M From $1.44B Alex Jones Verdict

The Connecticut Appellate Court on Friday sliced $150 million from a $1.44 billion trial court judgment against Infowars host Alex Jones over his claims that the Sandy Hook shooting was a hoax, holding the sta... (more story)

'Texas Two-Step,' Exec Bonus Bankruptcy Bills Reintroduced

Lawmakers in the U.S. Senate this week renewed efforts to pass two bankruptcy bills that would bolster rights for employees and crack down on the controversial use of so-called Texas two-step bankruptcies.

3rd Circ. Affirms ConocoPhillips Ruling On $8.5B Debt

The Third Circuit on Thursday affirmed a ruling paving the way for ConocoPhillips' participation in an auction for control of the U.S. oil giant Citgo to enforce an $8.5 billion debt against Venezuela.

FTX Clawback Deal With Ex-Alameda Co-CEO Gets Court Nod

A Delaware bankruptcy judge has approved a deal to settle clawback claims by FTX against former Alameda Research Ltd. executive John Samuel Trabucco, who agreed to hand over two San Francisco apartments purcha... (more story)

Insurance Giant Allianz Warns Of Rising Insolvencies In 2025

Company bosses and their insurers could face increased claims next year from a predicted rise in corporate insolvencies and class actions, Allianz warned Thursday.

Pa. Gets More Time To Find Funds For Steward Hospital

The Commonwealth of Pennsylvania has until Monday, Dec. 9, to secure additional funding to cover a hospital's operating losses as it seeks to negotiate a sale from bankrupt hospital operator Steward Healthcare... (more story)

Guo Trustee Balks At Boies Schiller's Clawback Transfer Bid

The Chapter 11 trustee overseeing Chinese exile Miles Guo's bankruptcy in Connecticut says Boies Schiller Flexner LLP should not be allowed to move a nearly $654,000 clawback action from bankruptcy court to di... (more story)

5th Circ. Probes $8M Payout For Allegedly Undelivered Services

An investment company on Wednesday found itself before the Fifth Circuit having to justify paying $7.7 million for allegedly undelivered services from an affiliate, as it appeals a $2.6 million bill it got hit... (more story)

Mid Cap More

Ga. Poll Workers Want 'Severe' Sanctions Against Giuliani

The two former Georgia election workers who won a $148 million defamation verdict against Rudy Giuliani have asked a federal judge to hold the former Donald Trump attorney in civil contempt and impose "severe"... (more story)

Creditor Says Failed Solar Biotech Bidder Shouldn't Get Fee

A creditor of Solar Biotech asked a Delaware bankruptcy judge to deny a request to pay the failed stalking horse bidder's $456,000 breakup fee, arguing there was no evidence the protections were necessary or t... (more story)

Cancer Claimant Amici Slam Bestwall's Two-Step Ch. 11

Georgia-Pacific unit Bestwall's bid to handle asbestos liability using a controversial "Texas Two-Step" Chapter 11 case is "grotesquely inequitable" and "plainly at odds" with the tenets of bankruptcy, a group... (more story)

Calif. Trucking Company Files Ch. 11 With $325M Of Debt

California-based trucking company KAL Freight Inc. filed for Chapter 11 protection in a Texas bankruptcy court, saying it has $325 million of debt obligations it can't meet after a post-COVID expansion effort ... (more story)

Icon Aircraft Cleared For Ch. 11 Plan With Investor Claims Deal

A Delaware bankruptcy judge said Thursday he would confirm the Chapter 11 plan from light-sport aircraft producer Icon after the debtor settled with a group of shareholders that sued the company in derivative litigation.

Judge Tells Vintage Wine Estates, Lenders To Settle Row

A Delaware bankruptcy judge on Thursday instructed Vintage Wine Estates and its lenders to sit down with a mediator to resolve their differences over the funding for the wine producer's Chapter 11 case.

Ex-CEO Of Solar Biz ISun Says Ch. 11 Plan Doesn't Add Up

The former CEO of solar power company iSun is asking a Delaware bankruptcy judge to reject the company's proposed Chapter 11 plan, saying it fails to provide for payment of priority claims, including his own d... (more story)

Lowenstein Sandler Suit Gets New NJ Judge After DQ Request

Lowenstein Sandler LLP has persuaded an Essex County Superior Court judge to recuse himself from the firm's $800,000 fee suit against a cannabis dispensary over social connections to the litigants and their co... (more story)

Texas Oil Well Operator Moves Ahead On Speedy Ch. 11 Plan

A Texas bankruptcy judge Wednesday signed off on a timeline to confirm the prepackaged debt-for-equity Chapter 11 plan of oil and gas contractor Independence Contract Drilling, saying he'd save ruling on conce... (more story)

Alex Jones Atty Needs 30-Day Suspension, Ethics Boss Says

The lead Connecticut attorney in Infowars host Alex Jones' Sandy Hook defamation trial should be suspended for 30 days for directing a subordinate to transmit the victims' personal medical records to other Jon... (more story)