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Under The Radar: Bankruptcy News You May Have Missed
An appellate court dismissed an appeal California brought against 23andMe's bankruptcy sale after the parties agreed to end the case; Fannie Mae asked a New York bankruptcy judge to prevent the bankrupt owner of an apartment complex from using rent for Chapter 11 financing; and another New York bankruptcy judge ordered a law firm to return $30,000.
Meet The Attorneys Guiding Job.com's Ch. 11
A team of lawyers from Morris James LLP is leading the bankruptcy case of artificial intelligence-powered employment recruiting platform My Job Matcher Inc., which does business as Job.com, as the company plans to sell its assets through Chapter 11 proceedings.
Meet The Acting US Trustee For Region Covering Fla., Ga.
A more than 30-year veteran of the U.S. Trustee's Office has been tapped to take over, at least for now, the bankruptcy watchdog's region covering Florida, Georgia and two U.S. territories, after the person who had been holding the post resigned last week.
Under The Radar: Bankruptcy News You May Have Missed
An appellate court dismissed an appeal California brought against 23andMe's bankruptcy sale after the parties agreed to end the case; Fannie Mae asked a New York bankruptcy judge to prevent the bankrupt owner of an apartment complex from using rent for Chapter 11 financing; and another New York bankruptcy judge ordered a law firm to return $30,000.
Meet The Attorneys Guiding Job.com's Ch. 11
A team of lawyers from Morris James LLP is leading the bankruptcy case of artificial intelligence-powered employment recruiting platform My Job Matcher Inc., which does business as Job.com, as the company plans to sell its assets through Chapter 11 proceedings.
Meet The Acting US Trustee For Region Covering Fla., Ga.
A more than 30-year veteran of the U.S. Trustee's Office has been tapped to take over, at least for now, the bankruptcy watchdog's region covering Florida, Georgia and two U.S. territories, after the person who had been holding the post resigned last week.
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Large Cap More
Party City's proposal to pay unsecured creditors $1 million under its Chapter 11 liquidation plan has sparked an objection from the U.S. Trustee's Office, which has argued the arrangement would violate bankrup... (more story)
Bankrupt nursing home operator Genesis urged a Texas bankruptcy judge Thursday to not delay final approval of its $30 million debtor-in-possession loan, fending off arguments from its unsecured creditors commi... (more story)
Investors who reached a $13.2 million settlement with the failed cryptocurrency lender BlockFi Inc. have urged a federal judge to move forward with the plan now that a class member has withdrawn his objections to the deal.
A Delaware bankruptcy judge on Thursday gave interim approval to bankrupt jewelry chain Claire's to receive a $22.5 million debtor-in-possession facility from a private holding company that plans to buy the ma... (more story)
National pharmacy chain Rite Aid told a New Jersey bankruptcy judge on Thursday that it has reached an agreement with prescription drug supplier McKesson Corp. on a path to end their dispute and move forward w... (more story)
The trustee for the Alliance Health Liquidating Trust has agreed to drop two remaining civil racketeering claims against BakerHostetler in an adversary case stemming from the law firm's representation of a ban... (more story)
Technology-enabled healthcare services company Modivcare Inc. filed for Chapter 11 protection in Texas bankruptcy court with plans to recapitalize its balance sheet and cut $1.1 billion of debt.
A Texas bankruptcy judge on Wednesday paused Yale New Haven Health Services Corp.'s request to reopen a $435 million Connecticut feud over a deal to purchase three hospitals from debtor Prospect Medical Holdin... (more story)
Attorneys for seven states and Washington, D.C., have told a Delaware bankruptcy court that firefighting foam maker Kidde-Fenwal Inc. failed to meet court-directed disclosure statement requirements for its lat... (more story)
Reorganized shipping company Eletson Holdings Inc. received bankruptcy court approval Wednesday in New York for $1.9 million in fee and expense applications the company spent in litigation with parties that fo... (more story)
Mid Cap More
A New Jersey bankruptcy judge has confirmed the liquidation plan of Ohio-based compostable film producer Plastic Suppliers Inc. after a hearing on approval for the slightly amended proposal that will see some ... (more story)
A Delaware bankruptcy judge on Friday ordered coal producer White Forest Resources Inc.'s Chapter 11 case to be converted to a Chapter 7 liquidation after the debtor's attempt to sell a metallurgical coal mine fell through.
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The co-founder of bankrupt financial services company Aspiration Partners Inc. agreed on Thursday to plead guilty to defrauding investors and lenders.
Trevor Milton, the founder and former CEO of electric-truck maker Nikola who was convicted of securities fraud, has asked the Delaware bankruptcy court not to allow the company to subordinate his $69 million c... (more story)
The Chester Water Authority has urged a Pennsylvania bankruptcy court to reject the city's bid to recover about $140,000 in attorney fees as sanctions, arguing any delay in producing documents was necessary to... (more story)
Bankrupt mortgage lending company AmeriFirst Financial Inc. received court approval on Thursday in Delaware for a global settlement with creditors that resolves two years of legal disputes among the parties an... (more story)
Portland, Oregon-based whiskey producer House Spirits has asked a Delaware bankruptcy judge for permission to borrow an additional $500,000 in cash to finance its Chapter 11 case, raising the amount of its deb... (more story)
A Texas bankruptcy judge postponed a decision Wednesday on restaurant chain Hooters of America's Chapter 11 plan amid a dispute over whether creditor Lags Equipment holds a secured claim against the company, a... (more story)
The U.S. Trustee's Office has urged a New York bankruptcy judge to block a self-described cannabis club from filing for bankruptcy for two years, saying the organization has filed a string of recent Chapter 11... (more story)