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Expert Analysis

Ohio Banking Brief: All The Notable Legal Updates In Q2

Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a c... (more story)

Law School's Missed Lessons: Skillful Persuasion

In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want,... (more story)

Special Committees Gain Traction In Chapter 11 Investigations

Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies,... (more story)

Large Cap More

Altice France Wins Ch. 15 Recognition In $22B Case

A New York bankruptcy judge on Friday granted Chapter 15 recognition to telecommunications company Altice France SA, allowing it to enforce a roughly $22 billion French restructuring proceeding in the U.S.

Judge Won't Block Exela Ch. 11 Plan For Claims Dilution Suit

A Texas bankruptcy judge Thursday declined to stop automation technology group Exela from exiting Chapter 11 next week, but said he would condition the over $1 billion debt-for-equity swap plan's effectiveness... (more story)

FTX Ends 6 Suits Over Political Donations In Ch. 11

Fallen cryptocurrency exchange FTX has agreed to dismiss adversary proceedings in Delaware bankruptcy court against six political organizations, lawsuits that were aimed at recovering roughly $28.75 million in... (more story)

Richards Layton Names Bankruptcy, Litigation Leaders

Delaware firm Richards Layton & Finger PA has named two partners who have each spent more than 20 years at the firm to serve as leaders of its bankruptcy and corporate restructuring and litigation departments.

PREPA Bondholders Say Utility Swiped $2.9 Billion

The electric utility for Puerto Rico on Wednesday defended itself in New York bankruptcy court from allegations that it had improperly spent its revenues, which the bondholders claim as collateral for $8.5 bil... (more story)

Imerys Insurers Say New Ch. 11 Plan Doesn't Fix Earlier Flaws

A group of insurance companies said the updated reorganization plans of Imerys Talc America and Cyprus Mines Corp. have not sufficiently addressed how foreign creditors are treated, an issue that halted an Apr... (more story)

Yale Wins Bid To Keep $435M Hospital Sale Suit In State Court

A Connecticut federal judge has sided with Yale New Haven Health Services Corp., the state's largest hospital system, in sending a contract suit with a bankrupt hospital seller back to state court, finding tha... (more story)

Avon Ch. 11 Plan Needs 'Tweaks,' Judge Says

A Delaware bankruptcy judge told Avon on Wednesday that the wording of its Chapter 11 plan needs some work before he can approve it, finding the company's insurance carriers had raised objections worth addressing.

States, Asbestos Claimants Seek Claim Purge Block In Del.

An attorney for companies embroiled in asbestos injury suits urged a Delaware vice chancellor Tuesday to block plans by asbestos bankruptcy claims trusts to begin routine destruction of exposure-related data, ... (more story)

Judge Rejects Bondholder Claim Against Puerto Rico

A New York federal judge found Tuesday the terms of Puerto Rico's debt restructuring plan bars holders of bonds issued by the island's public electric utility from lodging a claim against its government.

Mid Cap More

Fiber Co. Tilson Cleared To Hold September Ch. 11 Auction

A Delaware bankruptcy judge has approved broadband infrastructure developer Tilson Technology Management Inc.'s plans to hold a Chapter 11 auction for its assets in September as it looks for a stalking-horse bidder.

Fiber Co. Tilson Sues Gigapower For Breach Of Contract

Fiber network developer Tilson Technology Management Inc. has filed a lawsuit in Texas against joint venture Gigapower LLC, alleging wrongful breach of contract tied to large-scale infrastructure projects that... (more story)

IRS Can Levy Religious Group's Property, Split 9th Circ. Says

The IRS can impose a lien on an Arizona residential property held by a religious organization to collect unpaid taxes owed by a bankrupt couple who had decision-making authority over the entity's finances and ... (more story)

Forex Firm Argentex Placed Into Administration

United Kingdom-based currency risk manager Argentex said it has appointed administrators after suffering a "rapid" loss of liquidity amid volatility tied to the U.S. trade war.

Hedge Fund Founder Fights To Keep His Own Ch. 11 In Florida

The founder of insolvent hedge fund Weiss Multi-Strategy Advisers has asked a New York bankruptcy judge to not transfer his personal bankruptcy case out of Florida, arguing that is where his primary residence ... (more story)

Lender Seeks End To NY Developer's 2nd Ch. 11 Try

A prospective developer of a Westchester County, New York, property has filed for Chapter 11 protection in a New York bankruptcy court with more than $10 million in debt and a mortgage provider seeking to dism... (more story)

Dolphin Co. Unit Nears Court Approval Of Bid Procedures

A Delaware bankruptcy judge said Wednesday she will approve the bidding procedures that an insolvent subsidiary of The Dolphin Co. proposed for a sale of all its assets, once the debtor makes certain revisions... (more story)

Charter School Funder's Creditor Blasts Ch. 11 Depo Bid

Charter School Capital Inc.'s largest unsecured creditor has asked a Delaware bankruptcy judge to throw out the debtor's bid to depose its principal, arguing the request is "obvious retaliation against" the in... (more story)

Perkins Coie Guides $154M NYC Hotel Sale

An entity connected to hospitality management and ownership company GF Hotels & Resorts sold off a New York City hotel to an entity connected to real estate company Hawkins Way Capital, in a $154.5 million dea... (more story)

WilmerHale Can Advise 23andMe Ch. 11 Data Ombudsman

A Missouri bankruptcy judge ruled Tuesday that 23andMe's consumer privacy ombudsman can hire WilmerHale, finding the firm's work for a would-be buyer of the genetic testing company's assets hadn't impacted its... (more story)