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Meet The Attorneys Guiding Walker Edison's Ch. 11
A team of lawyers from Morris Nichols Arsht & Tunnell LLP is leading the bankruptcy case of online furniture retailer Walker Edison as the company plans to sell its assets in Chapter 11.

Catching Up With New Bankruptcy Case Action
Budget air carrier Spirit Airlines landed in bankruptcy again in New York. Utah-based furniture retailer Walker Edison filed for Chapter 11 in Delaware while it presses on with litigation against its former owners. And a Florida kitchen equipment supplier is seeking to reorganize its debt after running into supply chain and quality issues.

Meet The Attorneys Guiding Spirit Airlines In Ch. 11
Spirit Airlines found itself in Chapter 11 for the second time in late August, less than six months after emerging from a previous bankruptcy in which it slashed $795 million of debt from the balance sheet.
Large Cap More
A New Jersey federal judge affirmed a pair of orders tied to approval of the Chapter 11 plan of Invitae Corp., ruling that the bankruptcy court was correct in denying unsecured creditors the right to bring avo... (more story)
Nonemergency medical transportation company ModivCare Inc. was pushed towards bankruptcy by issues like state budget cuts, competition from smaller companies and the large amount of debt it hauled along with limited cash.
A Delaware bankruptcy judge said Thursday he would tentatively approve the latest disclosure statement from bankrupt trucking company Yellow Corp. after it resolved issues with its largest public shareholder, ... (more story)
Bankrupt pharmaceutical company Purdue Pharma LP received approval from a New York judge Thursday to pay more than $17.5 million in employee bonuses, mirroring the bonus structures of the last few years since ... (more story)
Bankrupt solar panel business Sunnova Energy International Inc. asked a Texas court to approve a settlement that resolves an ongoing dispute about its sale of solar systems by transferring disputed systems to ... (more story)
Nearly four months into its second Chapter 11 case, Rite Aid has asked a New Jersey bankruptcy judge to give it more time to file a reorganization plan, saying it needs until the end of the year to draw up a p... (more story)
Sullivan & Cromwell LLP announced Wednesday that it has hired a former assistant to the solicitor general whose wealth of appellate experience includes six arguments before the U.S. Supreme Court.
SL Green Realty Corp. announced a deal to buy the site of the former Brooks Brothers flagship store and an adjacent office building from the former head of the brand in a $160 million deal.
The former CEO and former chief financial officer behind bankrupt cryptocurrency lender Cred Inc. will serve four years and three years, respectively, after previously pleading guilty to conspiracy to commit wire fraud.
A California state appeals court has found that claims of financial elder abuse and aiding and abetting a breach of fiduciary duty brought by two of Tom Girardi's co-counsel against his son-in-law were correct... (more story)
Mid Cap More
A Texas bankruptcy judge on Thursday approved two sales of Desktop Metal's remaining U.S. operating assets totaling $7.25 million, as the bankrupt 3D printing company looks to quickly exit Chapter 11.
The Financial Industry Regulatory Authority has filed an enforcement action against two former executives of a subsidiary of bankrupt fintech company Synapse, alleging that they failed to properly supervise th... (more story)
The Third Circuit affirmed a bankruptcy court's order allowing Nationstar Mortgage to proceed with a home foreclosure sale, finding that the homeowner was trying to relitigate the exact same issues she had alr... (more story)
Investors of failed, cryptocurrency-focused Silvergate Bank secured a California federal judge's final approval Wednesday for their $37.5 million settlement of claims alleging the bank misrepresented its safeg... (more story)
Quinn Emanuel has asked a Miami federal court to end a Mexican oil company's request for documents relating to three criminal proceedings and in one bankruptcy action, all pending in Mexico, arguing that the r... (more story)
A Missouri bankruptcy judge Wednesday agreed to waive certain deposit restrictions to allow consumer DNA testing group 23andMe to move $265 million to a higher-yielding fund, overruling risk concerns.
Bankrupt California resort developer SilverRock Development received approval to extend the exclusive control window in its Chapter 11 case for four months, with a Delaware judge saying the debtor has made eno... (more story)
A Massachusetts music shop took its campaign to hold onto Liberace's rhinestone-encrusted piano to the First Circuit for the second time Wednesday, telling the appellate court that Gibson Guitars should never ... (more story)
The former co-manager of a defunct Colorado restaurant venture cannot get coverage for a suit alleging he defrauded a lender and a separate bankruptcy proceeding, a New York federal court ruled, finding a Nati... (more story)
A Delaware bankruptcy judge on Wednesday approved job-search site CareerBuilder + Monster's bid to send its Chapter 11 plan to creditors for voting after the debtor struck a deal that could help holders of uns... (more story)