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Meet The Attorneys Guiding Parts Maker First Brands' Ch. 11
A team of lawyers from Weil Gotshal & Manges LLP is leading the bankruptcy case of Michigan-based auto parts maker First Brands Group LLC as the company seeks to restructure more than $10 billion in debt.
Listeria Recall, After-Effects Put Cheesemaker In Ch. 11
The consequences of listeria contamination at cheesemaker Rizo-Lopez Foods Inc.'s production facility pushed a family-owned company that had grown from a San Francisco distributor to a nationwide cheese purveyor toward Chapter 11.
Catching Up With New Bankruptcy Case Action
An auto parts maker commenced a Chapter 11 case with more than $10 billion of debt. An educational technology company is seeking to sell its assets in bankruptcy to cover more than $1 billion in obligations. And two single-asset real estate firms filed for bankruptcy protection as they faced foreclosure or default actions from lenders.
Meet The Attorneys Guiding Parts Maker First Brands' Ch. 11
A team of lawyers from Weil Gotshal & Manges LLP is leading the bankruptcy case of Michigan-based auto parts maker First Brands Group LLC as the company seeks to restructure more than $10 billion in debt.
Listeria Recall, After-Effects Put Cheesemaker In Ch. 11
The consequences of listeria contamination at cheesemaker Rizo-Lopez Foods Inc.'s production facility pushed a family-owned company that had grown from a San Francisco distributor to a nationwide cheese purveyor toward Chapter 11.
Catching Up With New Bankruptcy Case Action
An auto parts maker commenced a Chapter 11 case with more than $10 billion of debt. An educational technology company is seeking to sell its assets in bankruptcy to cover more than $1 billion in obligations. And two single-asset real estate firms filed for bankruptcy protection as they faced foreclosure or default actions from lenders.
Expert Analysis
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A New York bankruptcy judge denied a Brazilian telecommunications company's request to terminate the Chapter 15 recognition of a restructuring proceeding in its home country, a day after its board and manageme... (more story)
The official committee of unsecured creditors in the Chapter 11 of wind turbine blade maker TPI Composites has brought an adversary action against the debtor in Texas bankruptcy court, alleging a prepetition u... (more story)
The New Jersey Supreme Court has disbarred ex-Sacks Weston attorney Scott Diamond from the practice of law in the Garden State following his conviction for fraudulently resolving cases behind the back of his o... (more story)
A New Jersey federal judge trimmed claims from a class action against Coinbase alleging the crypto exchange misrepresented or concealed parts of its business, ruling that claims tied to bankruptcy risk and reg... (more story)
Reed Smith LLP has urged the Second Circuit to nix an order displacing the firm as counsel and requiring it to turn over client files for international shipping group Eletson Holdings Inc. to lawyers represent... (more story)
A California federal judge has thrown out a proposed investor class action against PG&E officers, directors and underwriters that blamed stockholder losses following deadly wildfires on previous statements by ... (more story)
A Texas bankruptcy judge Wednesday gave interim approval to car parts maker First Brands' $1.1 billion debtor-in-possession loan, freeing up $500 million in funds, after a stalled refinancing and limited liqui... (more story)
The Texas bankruptcy judge overseeing the Chapter 7 case of right-wing conspiracy theorist Alex Jones said Wednesday the automatic stay of the bankruptcy does not extend to the assets of Jones' media company, ... (more story)
The Norwich Roman Catholic Diocesan Corp.'s attorneys at Ice Miller LLP and Robinson & Cole LLP, along with other bankruptcy advisers, have disputed a U.S. Trustee's claims that nearly $3.1 million in combined... (more story)
Genesis Healthcare has filed an adversary complaint against the U.S. Department of Health and Human Services' Centers for Medicare and Medicaid Services as it seeks to keep open an Alabama skilled nursing faci... (more story)
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A Texas bankruptcy judge has appointed a Chapter 11 trustee in the bankruptcy of Eventide Credit Acquisitions following a request from the official committee of unsecured creditors.
Cajun restaurant chain Razzoo's filed for Chapter 11 protection in Texas bankruptcy court, citing consumer shifts since the COVID-19 pandemic began that have led to financial distress and made it necessary for... (more story)
The owner of the Brooklyn Mirage music venue has proposed a settlement with its creditors' committee that will oust its current owner and pay unsecured creditors $3.3 million, allowing a sale of assets to a pr... (more story)
A New Jersey bankruptcy judge has ruled that a Chapter 13 debtor has the "absolute" right to have his bankruptcy case voluntarily dismissed, even if it was filed in bad faith, an issue not yet decided by the U... (more story)
A New York bankruptcy judge has ruled a former portfolio manager at Platinum Partners must pay administrators for the defunct hedge fund more than $7 million for improperly exercising a warrant to buy biopharmaceutical stock.
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A Texas bankruptcy judge Tuesday approved a liquidation plan for bankrupt 3D printer designer Desktop Metal Inc. after the debtor struck an agreement with its parent company and key lender.
The Third Circuit Court of Appeals on Tuesday pressed attorneys for Delaware County and municipal bondholders on why their liens on city-generated revenues carried forward when the Pennsylvania city of Chester... (more story)
A Chapter 7 trustee and a minority shareholder have offered to drop a sprawling lawsuit against a New York and Connecticut real estate mogul and other company leaders in exchange for $40 million, less than two... (more story)
A Texas bankruptcy judge Tuesday approved restaurant chain Hooters of America's plan to sell more than 100 restaurants to a group of franchisees and exit Chapter 11, confirming the debtor's reorganization plan... (more story)