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The official overseeing the Boy Scouts of America's settlement trust has asked a Delaware bankruptcy judge to reject an individual's attempt to reinstate his direct abuse claim against the trust, arguing nothing in the trust distribution procedures allows for his claims to be reheard.
Entrust Energy reached a $99 million settlement with Shell Energy over a breach of contract dispute stemming from winter storm Uri in Texas. Del Monte Foods sued its metal can supplier, alleging defective cans caused significant losses. Spirit Airlines selected JetBlue as the buyer of its flight training equipment for $2.7 million.
There were tears of joy and sorrow. Cigarette breaks. Some screaming. But after five intense days of nearly round-the-clock work, a bankruptcy auction of 23 summer camps raised $377 million and will see many of the properties go to the people who have long run them.
A Delaware bankruptcy judge on Friday ruled to transfer Miami-based private lender YSA Investments 1 LLC's Chapter 11 case to a bankruptcy court in Oklahoma, saying the venue should follow the Oklahoma-centere... (more story)
John Weber of Paul Weiss Rifkind Wharton & Garrison LLP advised global communications software firm Mitel's $1.5 billion restructuring and Roomba maker iRobot's prepackaged Chapter 11 restructuring, which equi... (more story)
Holland & Knight LLP must face adversary claims in Houston bankruptcy court after a Texas federal judge found the trustee for bankrupt life insurance bond seller GWG Holdings Inc. had made a plausible case tha... (more story)
The Seventh Circuit rejected trading firm Jump Trading LLC's bid to arbitrate a putative securities class action Thursday, finding that courts, not arbitrators, must decide whether disputes belong in arbitrati... (more story)
A Florida federal judge dismissed a lawsuit accusing Spirit Airlines' current and former top brass of misleading investors about the budget air carrier's prospects amid two bankruptcy filings, saying Thursday ... (more story)
Investment firm 777 Partners told a Texas bankruptcy judge on Thursday that it had received a competing offer to fund its Chapter 11 case, two days after the judge ended a hearing on the company's bankruptcy f... (more story)
A North Carolina federal judge has thrown out a proposed class action lawsuit accusing chipmaker Wolfspeed Inc. of deceiving investors about demand for its products, saying that the claims in the suit amount t... (more story)
Colleen M. Restel of Lowenstein Sandler LLP helped lead the charge of sex abuse claimants seeking redress in Catholic Church bankruptcies and represented creditors settling with TPI Composites Inc. in its Chap... (more story)
Cole Schotz PC has brought on an attorney in Delaware from Gellert Seitz Busenkell & Brown LLC who specializes in handling corporate, securities and bankruptcy-related disputes.
Trinseo PLC and feuding creditor groups on Wednesday launched opening salvos at a hearing on the plastics maker's bid to trim about $2 billion in debt under a Chapter 11 plan, kicking off a trial in Texas bank... (more story)
A disbarred attorney has sued his former counsel for alleged malpractice in Florida state court, saying he lost money after his $40 million claim was left unsecured in a federal bankruptcy proceeding for his company.
An Israeli company and its CEO must face Quinn Emanuel Urquhart & Sullivan LLP's suit seeking to collect payment of more than $30 million for legal work the firm performed to force the company to acquire the l... (more story)
Rent-to-own furniture and appliance company FlexShopper and its creditors will meet with a mediator, retired U.S. Bankruptcy Judge Christopher S. Sontchi, to work out their differences over a Chapter 11 plan o... (more story)
A Texas bankruptcy judge Thursday declined to make a decision on the disclosure statement of an insolvent affiliate of real estate company Lurin LLC, saying he had doubts as to whether the debtor should proceed with a plan.
A New Jersey bankruptcy judge Thursday conditionally approved food kit and meal service provider FreshRealm's disclosure statement, allowing the debtor to solicit votes on its Chapter 11 reorganization proposal.
The Ninth Circuit Wednesday affirmed a $12 million judgment to former students of bankrupt for-profit college ITT Education Services Inc., saying their RICO claims against student loan servicers weren't time-b... (more story)
A Delaware bankruptcy judge declared that the convicted co-founder and former CEO of NS8 Inc. owes at least about $68 million to the litigation trustee appointed under the cybersecurity company's bankruptcy plan.
A Pennsylvania bankruptcy judge on Wednesday agreed to end a Chapter 11 case filed by Pittsburgh's purported oldest brewery, which claims there's no possibility of continued operation under its current ownersh... (more story)
Thomas Kessler of Cleary Gottlieb Steen & Hamilton LLP guided airline Azul's Chapter 11 plan as counsel to the ad hoc secured creditor group that sponsored the plan, as well as helped crypto company Genesis re... (more story)
New York City is having the strongest Class A office leasing year this century, one of Weil's real estate leaders told Law360 Real Estate Authority in a recent interview.
Isaac Natter
While government contracts law and the hardcore scene may seem entirely unrelated, in my experience, both are abou... (more story)
Jaclynn McDonnell
Recent changes to the Graduate PLUS student loan program may moderate borrowing and simplify repayment, but they m... (more story)
John Ventola, Douglas Gooding and Jonathan Marshall
QVC's recently confirmed Chapter 11 plan joins a growing body of restructuring precedent demonstrating that well-f... (more story)