As attitudes toward cannabis have relaxed in recent years in the U.S., Weil Gotshal & Manges LLP partner David J. Cohen saw an opening to restructure The Cannabist Co. Holdings Inc.'s business with Chapter 15 recognition of its Canadian insolvency proceeding, a strategy that hadn't been tried by any other marijuana businesses.
Spanish language TV and radio broadcaster Spanish Broadcasting System Inc. filed for bankruptcy, citing changes in political advertising spending and a shifting audio media landscape that has sent other radio station operators to Chapter 11 in recent years.
Prison healthcare company YesCare has put together a team of attorneys from Polsinelli PC and Dal Lago Law to see it through the Chapter 11 case it began in light of burdens downstream of litigation.
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As attitudes toward cannabis have relaxed in recent years in the U.S., Weil Gotshal & Manges LLP partner David J. Cohen saw an opening to restructure The Cannabist Co. Holdings Inc.'s business with Chapter 15 recognition of its Canadian insolvency proceeding, a strategy that hadn't been tried by any other marijuana businesses.
Spanish language TV and radio broadcaster Spanish Broadcasting System Inc. filed for bankruptcy, citing changes in political advertising spending and a shifting audio media landscape that has sent other radio station operators to Chapter 11 in recent years.
Prison healthcare company YesCare has put together a team of attorneys from Polsinelli PC and Dal Lago Law to see it through the Chapter 11 case it began in light of burdens downstream of litigation.
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May 15, 2026
A Texas federal judge on Friday dismissed Alex Jones' appeal over whether Infowars operator Free Speech Systems LLC's assets are part of his Chapter 7 estate, a move that continues to allow the families of victims of the Sandy Hook Elementary School shooting to pursue assets through state-court collection efforts that would help satisfy judgments exceeding $1 billion.
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May 15, 2026
The operator of Infowars says bankrupt broadcaster Alex Jones has a legal right to "freely compete" with his former outlet, telling a Texas appeals court the website shut down because a court-appointed receiver failed to pay a third-party streaming service, not because Jones absconded with its property.
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May 15, 2026
QVC will seek final approval of its bankruptcy funding, e-commerce group Food52 will vie for confirmation of its liquidation plan, and First Brands Group will also court a judge's approval of its Chapter 11 plan.
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May 15, 2026
The trustee for a group of bankrupt Western Pennsylvania nursing homes says four former Comprehensive Healthcare Management Services executives improperly drained the companies of assets that should have been available to creditors, and asked a federal bankruptcy court to claw some of the money back.
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May 15, 2026
Houston firm MMA Law has filed a Chapter 11 liquidation plan in Texas bankruptcy court, saying it plans to shut down its business and appoint an administrator to prosecute claims against multiple law firms.
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May 15, 2026
Proskauer Rose LLP announced this week that it has added two partners to its New York office — a restructuring attorney who joins from Davis Polk & Wardwell LLP and a private funds attorney who comes from advisory-focused investment bank PJT Partners.
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May 15, 2026
A Texas bankruptcy judge Friday agreed to approve natural gas compressor company Axip Energy Services LP's disclosure statement, allowing the debtor to seek its creditors' votes on its Chapter 11 plan.
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May 15, 2026
The past week in London has seen singer Rita Ora be sued by her management company, the billionaire Gertner brothers file a part 8 claim and Stephenson Harwood lodge a debt claim against a member of the Bulgari jewelry dynasty. Here, Law360 looks at these and other new claims in the U.K.
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May 14, 2026
Monette Farms secured Chapter 15 recognition, the Eighth Circuit agreed that a company seeking to depose its former counsel was improperly seeking information it previously pursued in civil cases and a bankruptcy, and Yellow Corp. was given the green light to abandon products it purchased from Goodyear but never collected.
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May 14, 2026
Urgent care facility operator Carbon Health Technologies has reached a $12 million settlement with its official committee of unsecured creditors, the debtor's counsel said Thursday.
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May 14, 2026
The bankrupt education technology company Conscious Content Media on Thursday neared confirmation of its Chapter 11 reorganization plan, after a Delaware judge said he will grant his approval once documents are finalized for $20 million of exit financing.
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May 14, 2026
Blank Rome LLP has added a former Husch Blackwell LLP lawyer to its finance, restructuring and bankruptcy practice in Dallas as the firm continues to strengthen its investment in the north Texas market.
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May 13, 2026
E-commerce platform Society Pass has filed for Chapter 11 protection in Texas bankruptcy court with more than $10 million in liabilities and less than $10 million in assets, on the eve of a hearing Wednesday in New York state court to put the business into receivership.
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May 13, 2026
Bogota Savings Bank has urged a New Jersey bankruptcy judge to convert to a liquidation or throw out the Chapter 11 case of the company behind an event venue called The Chariot, arguing that more than a year into the case, the debtor's reorganization prospects remain "speculative."
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May 13, 2026
IronNet has begun to receive funding that will allow the cybersecurity firm to officially close its Chapter 11 case and resolve a bid to toss or convert the proceeding, more than two years after the debtor received confirmation of its reorganization plan.
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May 13, 2026
The Chicago Blackhawks have told the Delaware bankruptcy court the hockey team needs more information about a potential buyer if troubled crypto financial technology firm Blockfills assigns a sponsorship deal with the hockey team in its Chapter 11 case.
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May 12, 2026
A bankrupt furniture retailer told a Delaware bankruptcy judge Tuesday it needed to delay its proposed sale of tariff refund rights because the potential buyer has not been able to access a government database it needs to complete its diligence efforts.
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May 12, 2026
A Delaware bankruptcy judge on Tuesday gave radio station operator Spanish Broadcasting System Inc. interim access to $7 million of its proposed $30 million postpetition financing package and set a confirmation hearing for June.
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May 12, 2026
Saint Augustine's University in Raleigh, North Carolina, filed for Chapter 11 protection as it works to regain accreditation following declining enrollment and financial woes. Guiding it through bankruptcy is a team of attorneys at North Carolina-based business firm Waldrep Wall Babcock & Bailey PLLC.
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May 12, 2026
A New York bankruptcy judge Tuesday gave the owner of a Manhattan loft permission to hand the property over to its mortgage lender and wind down its business, and congratulated the parties for concluding a contentious Chapter 11.
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May 12, 2026
A New York bankruptcy judge Tuesday ordered a two-week standstill to litigation in the Chapter 11 case of nursing home group Cold Spring Acquisition LLC to give the debtor and unsecured creditors time to negotiate a potential path forward in the proceeding, saying he would order mediation if they cannot reach a resolution.
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May 12, 2026
YesCare, the bankrupt affiliate of prison healthcare company Tehum Care Services, is facing a lawsuit seeking to transfer its case from Florida to Texas, with a wind-down officer of Tehum, who is a trustee for general unsecured creditors, alleging the affiliate is attempting to avoid its responsibilities under Tehum's confirmed Chapter 11 plan.
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May 12, 2026
Fox Rothschild LLP has expanded its litigation department in West Palm Beach, Florida, with a new partner from Nelson Mullins Riley & Scarborough LLP.
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May 12, 2026
A prison healthcare company filed for Chapter 11 in light of up to $400 million in litigation liabilities, a Mexico-based marine oil rig service company sought U.S. recognition of a foreign insolvency and a Cayman Islands insurance company indirectly owned by Prospect Medical Holdings also filed for Chapter 15 protection.
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May 11, 2026
Radio station operator Spanish Broadcasting System Inc. filed for Chapter 11 protection Monday in Delaware bankruptcy court with a plan to hand control of the company to its noteholders and trim $240 million in debt.