To access this content, a subscription to Bankruptcy Authority is required.

Large Cap More

NextEra Cuts $9.5M Deal In Nuclear Power Wage-Fixing Case

NextEra Energy has agreed to shell out $9.5 million to put to rest proposed class action allegations it conspired with other nuclear energy producers to fix wages, according to a notice filed Tuesday in Maryla... (more story)

Fox Rothschild Adds Trial Partner From Nelson Mullins In Fla.

Fox Rothschild LLP has expanded its litigation department in West Palm Beach, Florida, with a new partner from Nelson Mullins Riley & Scarborough LLP.

Inspired Healthcare Sews Up Retention Spat With Latest Order

Inspired Healthcare said it resolved the remaining opposition to its bid to retain Reid Collins & Tsai LLP to help investigate pre-Chapter 11 causes of action, saying the latest version of its retention order ... (more story)

Ch. 15 Stay Halts Hearing In Asbestos Corp. Injury Suits

A New York bankruptcy judge Monday blocked a South Carolina state court evidentiary hearing in two personal injury lawsuits against Asbestos Corp. Ltd., finding the automatic stay of the company's bankruptcy c... (more story)

Saks Gets Initial OK To Hand Off More Leases In Ch. 11

A Texas bankruptcy judge said Monday he would approve luxury retailer Saks Global's request to sell and assign another eight leases for $5.5 million in Chapter 11, days after the company struck a settlement wi... (more story)

Catching Up With Delaware's Chancery Court

The Delaware Chancery Court this past week handled a varied mix of settlement approvals, political office disputes, transaction fights, emergency injunction bids and questions over how far the court can go to ... (more story)

Underwriting Body Launches Guide For Insurance Co. Failures

Insurers could face challenges in gathering data under new regulation that will require them to document how they would leave the market in an orderly way, a trade body said Monday.

Where Is Infowars? Families Continue Fight For Jones' Assets

A Texas federal judge on Friday probed whether assets belonging to Infowars operator Free Speech Systems LLC are part of Alex Jones' bankruptcy estate, a finding that could block the families of victims of the... (more story)

Wind Turbine Co. Touts Ch. 11 Plan As Best Creditor Option

Bankrupt wind turbine blade maker TPI Composites Inc. filed a motion in support of its Chapter 11 plan of liquidation late on Thursday, saying its proposal is in the best interests of all stakeholders ahead of... (more story)

Oakland Diocese Gets Initial OK To Take Votes On Ch. 11 Plan

A California bankruptcy judge on Friday approved the Roman Catholic Diocese of Oakland's request to solicit votes on a Chapter 11 plan that would set up a $180 million trust fund to compensate abuse claimants.

Mid Cap More

Tariff Refund Sale Bid Hits Diligence Snag In Retailer's Ch. 11

A bankrupt furniture retailer told a Delaware bankruptcy judge Tuesday it needed to delay its proposed sale of tariff refund rights because the potential buyer has not been able to access a government database... (more story)

Spanish Broadcasting Gets Approved For $7M In DIP Funding

A Delaware bankruptcy judge on Tuesday gave radio station operator Spanish Broadcasting System Inc. interim access to $7 million of its proposed $30 million postpetition financing package and set a confirmatio... (more story)

NYC Loft Owner Closes Stormy Ch. 11 With Sale To Lender

A New York bankruptcy judge Tuesday gave the owner of a Manhattan loft permission to hand the property over to its mortgage lender and wind down its business, and congratulated the parties for concluding a con... (more story)

NY Nursing Home Co. Gets Pause On Ch. 11 Conversion Bid

A New York bankruptcy judge Tuesday ordered a two-week standstill to litigation in the Chapter 11 case of nursing home group Cold Spring Acquisition LLC to give the debtor and unsecured creditors time to negot... (more story)

YesCare Can't 'Flee' Texas For Florida Ch. 11, Creditors Say

YesCare, the bankrupt affiliate of prison healthcare company Tehum Care Services, is facing a lawsuit seeking to transfer its case from Florida to Texas, with a wind-down officer of Tehum, who is a trustee for... (more story)

Spanish Broadcasting Hits Ch. 11 With $240M Debt-Swap Plan

Radio station operator Spanish Broadcasting System Inc. filed for Chapter 11 protection Monday in Delaware bankruptcy court with a plan to hand control of the company to its noteholders and trim $240 million in debt.

DEMAR Gets Bankruptcy Stay Pending Chapter 15 Case

A Texas bankruptcy judge on Monday agreed to grant a stay to a Mexico-based marine oil rig service company, freezing two pending lawsuits against its U.S. assets until a Chapter 15 recognition hearing next month.

Beauty Tech Co. Execs Beat Investor Suit For Good

A California federal judge Monday tossed a proposed class action accusing beauty technology firm Cutera and its executives of misleading investors about its acne treatment launch and financial results, finding... (more story)

Student Housing Co.'s Ch. 11 Transferred To California

A Delaware bankruptcy judge said Monday he will send the Chapter 11 case of student housing owner Element Student Living to California because that is where the debtor's sole asset is located, finding there ar... (more story)

Ghost Gun Kit Co. JSD Supply Files For Ch. 7 Liquidation

A Pennsylvania-based gun building kit retailer and a connected gun show operator have filed Chapter 7 papers in Pennsylvania, in the wake of litigation looking to hold the business on the hook for violence com... (more story)

Expert Analysis

4 Emerging Approaches To AI Protective Order Language

Over the last year, at least five federal district courts have issued or analyzed specific protective order provis... (more story)

GCs Can Read Debt Cycles To Spot Risk, Opportunity

With the conflict in Iran among many other factors that are further unsettling the geopolitical and economic envir... (more story)

2 AI Snafus Show Why Attys Can't Outsource Judgment

The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial ... (more story)