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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.
Party City, Wag!, Diocese Of Syracuse Get Ch. 11 Plans OK'd
U.S. bankruptcy courts approved several major Chapter 11 plans: a Texas judge confirmed Party City's liquidation plan, Delaware approved Wag! Group's debt-to-equity restructuring, and New York approved the Diocese of Syracuse's $176 million sexual abuse settlement.
Big Brands To Hit Bankruptcy In 2025 So Far
When packaged-foods giant Del Monte filed for bankruptcy this summer with $1.23 billion in debt, it became another iconic brand to seek relief in bankruptcy court, joining public-facing names such as Claire's and Hooters of America.
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.
Party City, Wag!, Diocese Of Syracuse Get Ch. 11 Plans OK'd
U.S. bankruptcy courts approved several major Chapter 11 plans: a Texas judge confirmed Party City's liquidation plan, Delaware approved Wag! Group's debt-to-equity restructuring, and New York approved the Diocese of Syracuse's $176 million sexual abuse settlement.
Big Brands To Hit Bankruptcy In 2025 So Far
When packaged-foods giant Del Monte filed for bankruptcy this summer with $1.23 billion in debt, it became another iconic brand to seek relief in bankruptcy court, joining public-facing names such as Claire's and Hooters of America.
Expert Analysis
Nikki Hurtado at The Ferraro Law Firm tells her story of being a first-generation lawyer and how others who begin ... (more story)
With corporate bankruptcy filings for the first half of the year at a 15-year high, landlords should be prepared f... (more story)
While an Eleventh Circuit majority recently found in BenShot v. 2 Monkey Trading and Lucky Shot USA that corporate... (more story)
Large Cap More
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.
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.
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 ow... (more story)
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)
Spirit Airlines kicked off its second Chapter 11 case in under a year on Tuesday by emphasizing it will more aggressively use the tools of bankruptcy to transform itself into a leaner business with dozens fewe... (more story)
A Texas bankruptcy judge Tuesday gave LifeScan permission to send its Chapter 11 plan out for a vote, overriding arguments that the blood glucose monitor maker provided too little information about the payment... (more story)
Mid Cap More
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)
Electric-truck maker Nikola Corp. told a Delaware bankruptcy judge that it had resolved an objection to its Chapter 11 liquidation plan by the U.S. Securities and Exchange Commission, agreeing to pay $4 millio... (more story)
Personal injury claimants and a Chapter 7 trustee urged a New York bankruptcy judge to deny Chapter 15 recognition for Asbestos Corp.'s Canadian restructuring, saying it has more ties to the U.S. where it face... (more story)
Lowenstein Sandler LLP urged a New Jersey state court to reject a bid seeking to trim its lawsuit against Trif & Modugno LLC in a legal battle over allegedly unpaid legal services rendered to a cannabis dispen... (more story)
Bankrupt coal mining operation Heritage Coal received approval Tuesday from a Delaware judge for its Chapter 11 disclosure statement that describes a liquidating plan to pay priority claims in full and give di... (more story)