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Expert Analysis

5 Critical Changes Coming To Bankruptcy Rule 3002.1

Residential mortgage lenders and servicers should prepare for significant amendments to Bankruptcy Rule 3002.1 tak... (more story)

What 2 Profs Noticed As Transactional Law Students Used AI

After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, w... (more story)

Law School's Missed Lessons: Negotiation Skills

I took one negotiation course in law school, but most of the techniques I rely on today I learned in practice, whe... (more story)

Large Cap More

Healthcare Co. Modivcare Hits Ch. 11 To Cut $1.1B Of Debt

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.

Judge Keeps Yale-Prospect Medical Sale Feud In Ch. 11 Court

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)

States Say Kidde-Fenwal Ch. 11 Disclosures Still Inadequate

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)

Eletson Gets Fees Paid In Ch. 11 Fight With Ex-Owners

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)

Purdue Asks Bankruptcy Court To OK Drug Trial Collaboration

Purdue Pharma LP asked a New York bankruptcy court to allow it to enter a clinical trial collaboration with a nonprofit, saying that doing so would allow Purdue to continue developing a potential treatment for... (more story)

Spencer Fane Adds Hill Ward Bankruptcy Ace In Tampa

Spencer Fane has welcomed a longtime partner at Hill Ward Henderson to its Tampa, Florida, office, strengthening its bankruptcy, restructuring and creditors' rights practice, the firm announced Wednesday.

NC Bankruptcy Atty Charged With 2nd-Degree Murder

A North Carolina bankruptcy attorney is facing murder charges after police said he shot and killed a 43-year-old man in a small town in the mountains over the weekend, court records show.

Claire's Pitches Over $104M Sale Of US Stores In Ch. 11

Bankrupt jewelry chain Claire's announced plans Wednesday to sell intellectual property and some of its U.S. stores to a private holding company for $104 million in cash as well as other inducements.

Family Alleging Firm's Girardi Conflict Denied Partial Win

A Los Angeles judge Tuesday denied a family's motion seeking judgment on declaratory relief claims in a $1.8 million malpractice lawsuit against a firm that represented it in recovering millions lost in Girard... (more story)

Prospect Medical Says Yale Deal Is Top Offer For Hospitals

Hospital operator Prospect Medical Holdings Inc. has asked to assume a $435 million pre-bankruptcy agreement to sell its three Connecticut hospitals to Yale New Haven Health Services Corp., arguing it contains... (more story)

Mid Cap More

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 plan... (more story)

Hooters' Ch. 11 Plan's Approval Held Up By Lags Royalty Row

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)

US Trustee Seeks Two-Year Bankruptcy Ban For NYC Pot Club

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)

IRS Lost Lien In Bankruptcy, Man Says In $28M Tax Battle

The Internal Revenue Service jettisoned any federal tax lien it claims to have against a man by filing an unsecured claim in his bankruptcy case, he told a Florida federal court Wednesday in response to the go... (more story)

PE Firm Hit With Contempt, Receiver In Del. Over Legal Bills

A magistrate in the Delaware Chancery Court has entered an order for contempt and sanctions, as well as a receivership, against private equity firm 777 Partners in its former chief financial officer's suit see... (more story)

Texas Recycling Biz Can Tap $52M In Ch. 11 Financing

A Texas bankruptcy judge Tuesday gave a company that recycles chemicals and batteries interim approval to use $52 million of debtor-in-possession financing to fund its Chapter 11 case, but pumped the breaks on... (more story)

Judge To Confirm Scanrock's Ch. 11 Plan After Settlement

A Texas bankruptcy judge on Tuesday conditionally confirmed the Chapter 11 plan of hydrocarbon driller Scanrock Oil & Gas, after the debtor resolved objections from parties including an ad hoc group, certain c... (more story)

Solar Biotech Committee, Lender Get OK On Ch. 11 Claim Deal

A Delaware bankruptcy judge has approved a settlement between Solar Biotech's unsecured creditors committee and its largest secured creditor that the synthetic biological product maker said will allow it to ge... (more story)

Judge Keeps Dr. Phil Media Biz In Ch. 11, Is Up To Boost DIP

A Texas bankruptcy judge on Tuesday suggested he would approve more postpetition financing for a bankrupt broadcaster co-founded by Dr. Phil once an agreed upon order was before him, while also denying Sidley ... (more story)

Catching Up With Delaware's Chancery Court

Executives and board members of Cencora Corp. tentatively settled a stockholder derivative suit for $111.25 million, VectoIQ board members reached a $6.3 million deal on stockholder claims over electric carmak... (more story)