Eletson Holdings Inc.

  1. December 04, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    A California bankruptcy judge gave a Catholic diocese more time to propose a plan to end its Chapter 11 case, a Beijing-based real estate developer asked to have its involuntary bankruptcy case dismissed, and noteholders in subprime auto lender Tricolor's Chapter 7 sought discovery powers.

  2. November 26, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    Pinstripes, a restaurant and bowling alley chain, obtained permission to transition its bankruptcy into a Chapter 7 proceeding. A trustee overseeing equity assets from Rite Aid's last Chapter 11 got the all-clear to wind the trust down. And a Connecticut federal judge rejected an appeal from a law firm targeted by the Chapter 11 trustee for a Chinese exile and convicted fraudster.

  3. November 20, 2025

    Judge Raises Sanctions In Eletson Affiliate Ownership Row

    The New York bankruptcy judge overseeing Eletson Holdings' Chapter 11 case has raised sanctions against three Cypriot corporations connected to the shipping company's former owners to $5,000 a day for failing to reverse changes to the board of an Eletson affiliate.

  4. November 18, 2025

    Reed Smith Can't Represent Eletson By 'Repeated Incantation'

    A New York federal judge on Tuesday rejected Reed Smith LLP's latest effort to intervene on behalf of the purported former owners of international shipping company Eletson Holdings in Eletson's $102 million breach-of-contract litigation with rival Levona, saying the firm can't represent the holding company post-bankruptcy "by repeated incantation."

  5. November 03, 2025

    2nd Circ. Denies Reed Smith Relief In Eletson Discovery Feud

    The Second Circuit has rejected a bid from Reed Smith to pause a lower court ruling ordering the new owner of international shipping company Eletson Holdings to turn over documents requested by competitor Levona Holdings Ltd, finding the law firm failed to make its case to hold off on granting access to the documents.

  6. November 03, 2025

    Eletson Calls For Sanctions In Affiliate Ownership Row

    Oil and gas shipping company Eletson Holdings was back before a New York bankruptcy judge Monday seeking sanctions in its Chapter 11 case, this time accusing a trio of Cyprus corporations of violating an order to undo changes to the board of a subsidiary.

  7. October 31, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Eletson holdings will seek approval of a joint motion for sanction, a Delaware bankruptcy judge will consider letting Mountain Sports take plan votes and a New York City nightclub will vie for disclosure approval from the same Delaware judge.

  8. October 20, 2025

    LifeScan To Cut $1.7B Debt, Reed Smith DQ'd From Eletson

    A bankruptcy trust for Rite Aid went after Walmart to defray the costs of defending opioid lawsuits. A blood glucose monitor manufacturer fought for confirmation of a reorganization plan that would cut $1.7 billion in debt. The long saga of the Eletson bankruptcy continued after a district court found the prebankruptcy ownership of the company had no legal existence and therefore no right to counsel.

  9. October 16, 2025

    Reed Smith Booted From Eletson Ch. 11 Over Clients' Existence

    A New York bankruptcy judge disqualified Reed Smith LLP from continued work in the Chapter 11 case of reorganized oil and gas shipping company Eletson Holdings on Thursday, saying the law firm's clients no longer exist.

  10. September 24, 2025

    Eletson Renews Call For Reed Smith DQ In Ch. 11

    Oil and gas shipping company Eletson Holdings has again urged a New York bankruptcy court to have Reed Smith disqualified from its Chapter 11 case, asserting that recent court rulings indicate the entity the law firm purports to represent does not exist and may be involved in fraud.