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Failed restructuring negotiations with shipowners forced Italian Sea Group to seek court protection, with the Italian luxury yacht maker launching a court-supervised restructuring process in its home country as the business grapples with its net financial debt of roughly $204 million.
A mining operation will undergo an omnibus hearing in its Chapter 11 case, a Nevada solar project will seek plan confirmation and Saks will ask for permission to sell a lease and real property.
More than two dozen U.S. summer camps are for sale just as kids arrive for the season, under a rapid timeline in the free-fall bankruptcy of SIMAD Holdings, and whether they land in the hands of outsiders or longtime directors trying to buy back their properties is up in the air.
Following several U.S. Supreme Court terms teeming with reversals and rebukes of lower appeals courts, the justices this term found fault less often with rulings by circuit judges, who are likely becoming bett... (more story)
U.S. Supreme Court justices forged unusual alliances when they ruled a federal statute preempts claims Monsanto failed to warn consumers its Roundup weedkiller may cause cancer. Oral arguments provided insight... (more story)
When one of the U.S. Supreme Court's most talkative members suddenly struggled to speak, the atmosphere at oral arguments grew increasingly anxious — until the justice deadpanned that it was an advocate's gold... (more story)
A Texas federal judge has affirmed a bankruptcy court's 2024 ruling in a liability management dispute involving Robertshaw, Invesco and other parties, rejecting Invesco's claims against a separate lender group... (more story)
Chinese exile Miles Guo's daughter has been found in civil contempt and fined $1,000 per day until she reimburses the trustee handling her father's Chapter 11 estate nearly $371,900 in fees and costs arising f... (more story)
The Delaware Chancery Court last week handled disputes involving arbitration, corporate control, advancement rights, freeze-out mergers and insolvent company wind-downs.
This U.S. Supreme Court term featured high-stakes oral arguments on issues including presidential power, immigration and voting regulations. Here's a look at the law firms that argued the most cases and how they fared.
The sharpest dissents this term often involved the president, and pitted conservative and liberal justices against each other on core constitutional issues and questions about the limits to executive power, wi... (more story)
The Supreme Court's conservative supermajority and President Donald Trump largely aligned this year on issues of executive power, resulting in a series of decisions that significantly expanded presidential authority.
Silicon Valley Bank's ex-CEO testified Thursday during a California federal bench trial over the FDIC's claims that the bank's brass mismanaged its assets, acknowledging during a tense examination that he rece... (more story)
Senior lenders strong-armed a company that provides healthcare related to hormone replacement, using a default notice to make it pay high interest and driving it into Chapter 11 with $146 million in debt, per ... (more story)
Former Major League Baseball player Yasiel Puig filed a Chapter 11 bankruptcy case in Florida with at least $1 million of debt several months after a California federal court jury found him guilty of lying to ... (more story)
A Manhattan federal judge on Monday set a January trial date for the founder of California data company Near Intelligence on charges that he conspired to inflate revenues by $25 million, but heard that he is e... (more story)
Pacifica Hospital of the Valley, a 231-bed Los Angeles Hospital, has filed for Chapter 11 protection in Delaware bankruptcy court with more than $100 million in liabilities.
Airline operator Float Alaska received approval Thursday from a Delaware bankruptcy judge to modify its Chapter 11 plan and allow it to pivot to a deal with a backup bidder if its original sponsor doesn't meet... (more story)
The U.S. Supreme Court's stark ideological divisions were on full display this term, particularly as it issued long-awaited rulings in the last few days of June. Here, Law360 dives into the numbers behind this court term.
Hilco Merchant Resources must face a lawsuit from a putative class of nationwide workers who ran going-out-of-business sales at Christmas Tree Shops, a Delaware bankruptcy judge has determined, rejecting the a... (more story)
Delaware-based Richards Layton & Finger has announced that three of its attorneys were elected to serve as directors of the firm and three others were elevated to counsel.
Bitcoin Depot told a Texas bankruptcy judge Thursday that five buyers had prevailed in an auction this week for the cryptocurrency company's kiosks, business lines and other assets, offering a total of $1.4 million.
Airline operator Float Alaska has asked a Delaware bankruptcy judge for permission to modify its confirmed Chapter 11 plan and disclosure statement so that it can enter into a transaction with a backup bidder ... (more story)
Lloyd Green and Mette Kurth
Recent bankruptcy decisions from New York and Delaware federal courts distinguish between relief a U.S. bankruptcy... (more story)
Ted Gavin
Congress must pass a bill to permanently restore the Subchapter V debt limit and clarify several other key points ... (more story)
Bonnie Baker
Singing in the New York City Bar Chorus — a hobby partly inspired by the late U.S. District Judge Richard Owen, wh... (more story)