To access this content, a subscription to Bankruptcy Authority is required.
23andMe Reopens Bidding, Jackson Walker Mediates Fee Suit
The winner of 23andMe's Chapter 11 auction will compete with its co-founder in another round of bidding. Jackson Walker and the U.S. Trustee's Office agreed to mediate a fee dispute tied to an ethics scandal. And the U.S. Supreme Court asked the solicitor general to weigh in on Hertz's challenge of a ruling that it owed $272 million in interest and fees following its Chapter 11.
Bankruptcy Filings Didn't Ice These NHL Franchises
With the Edmonton Oilers and Florida Panthers battling in the 2025 Stanley Cup Final, Law360 takes a look at some of the National Hockey League franchises that have sought the refuge of the bankruptcy courts over the years, including some squads that earned spots in this year's playoffs.
Brazilian Airline Azul's $3B Path To A Ch. 11 In NY
Brazilian airline Azul racked up $3 billion in debt in the process of trying to recover from the COVID-19 pandemic and made several attempts at restructuring that never got off the ground, before landing in a bankruptcy court in New York, its case filings showed.
23andMe Reopens Bidding, Jackson Walker Mediates Fee Suit
The winner of 23andMe's Chapter 11 auction will compete with its co-founder in another round of bidding. Jackson Walker and the U.S. Trustee's Office agreed to mediate a fee dispute tied to an ethics scandal. And the U.S. Supreme Court asked the solicitor general to weigh in on Hertz's challenge of a ruling that it owed $272 million in interest and fees following its Chapter 11.
Bankruptcy Filings Didn't Ice These NHL Franchises
With the Edmonton Oilers and Florida Panthers battling in the 2025 Stanley Cup Final, Law360 takes a look at some of the National Hockey League franchises that have sought the refuge of the bankruptcy courts over the years, including some squads that earned spots in this year's playoffs.
Brazilian Airline Azul's $3B Path To A Ch. 11 In NY
Brazilian airline Azul racked up $3 billion in debt in the process of trying to recover from the COVID-19 pandemic and made several attempts at restructuring that never got off the ground, before landing in a bankruptcy court in New York, its case filings showed.
Expert Analysis
As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from the... (more story)
After almost five years of running marathons, I’ve learned that both the race itself and the training process shar... (more story)
While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until ... (more story)
Large Cap More
Lex Greensill said Tuesday that he was "between a rock and a hard place" in a restructuring deal involving his eponymous firm and SoftBank, a Japanese investment company, as the former banker gave evidence in ... (more story)
The U.S. Supreme Court on Monday denied a bid by hedge fund Highland Capital Management to continue shielding some of the key parties in its Chapter 11 bankruptcy from liability, leaving in place a Fifth Circu... (more story)
The liquidation trustee for the bankrupt National Realty Investment Advisors LLC accused Bank of America and other parties in New Jersey bankruptcy court of aiding or participating in the developer's $664 mill... (more story)
The New Jersey bankruptcy judge overseeing Rite Aid's current insolvency case pressed pause Monday on appeals of orders he entered last year in the drugstore chain's previous Chapter 11.
A Texas bankruptcy judge asked for more details before he would allow department store Conn's to solicit votes on its Chapter 11 liquidation plan.
Sunnova Energy International, a major residential solar panel designer, filed for Chapter 11 protection in Texas Sunday, with $8.9 billion in debt amid an industry downturn and uncertainty around the future of... (more story)
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including where the hotel sector stands at the midyear, which states are trying to curb healthcare investment models a... (more story)
The twice-bankrupt drug store chain Rite Aid is seeking to reassure landlords who filed a spate of objections in recent days that it intends to continue meeting lease obligations despite its move to close some locations.
General Motors asked a New York bankruptcy court to enforce a 2009 Chapter 11 sale order, saying a recently amended consumer data privacy complaint from the Texas attorney general effectively includes successo... (more story)
An undivided U.S. Supreme Court issued five unanimous rulings this week, weighing in on the burden majority-group plaintiffs must meet in discrimination cases, what counts as a religious organization for purpo... (more story)
Mid Cap More
A Texas state court judge drew short of sanctioning one of the companies that helped bring Cicis Pizza out of bankruptcy, but said Tuesday the company needs to turn over its complete ledger as it pursues a sui... (more story)
A company that manufactures batteries for green energy projects sought Chapter 11 protection in New Jersey bankruptcy court Tuesday, saying it is planning a spinoff and a sale to deal with its $325 million in ... (more story)
A Delaware bankruptcy judge on Tuesday signed off on nursing facility operator Petersen Health Care's Chapter 11 liquidation after the debtor reached a $6.7 million settlement agreement with its founder and CE... (more story)
A subsidiary of biopharmaceutical manufacturer National Resilience Holdco Inc. filed for Chapter 11 protection Tuesday in Delaware bankruptcy court with a reorganization plan involving shutting down offices, m... (more story)
A Delaware bankruptcy judge Tuesday approved wood fiber insulation maker GO Lab's equity-swap Chapter 11 plan after being told the plan had the support of the vast majority of creditors and had attracted no objections.
A group of startup funders of bankrupt crypto miner Rhodium Encore has made an emergency motion to terminate Rhodium's exclusive right to file a Chapter 11 plan and to seek leave to file its own plan, assertin... (more story)
Charter School Capital Inc., a company that provides funding for charter schools across the country, filed for Chapter 11 protection in Delaware bankruptcy court with up to $50 million in debt, saying it plans... (more story)
A bank that says it's owed nearly $48 million by a group of bankrupt Pennsylvania nursing homes will get first dibs on what's left in their accounts under a settlement approved by a federal bankruptcy judge Mo... (more story)
Canadian clothing retailer Oak and Fort Corp. and several affiliates have filed for Chapter 15 protection in New York bankruptcy court with almost $20 million in debt, saying U.S. tariffs on China have cut int... (more story)
Home solar panel financing company Solar Mosaic has filed for Chapter 11 protection in a Texas bankruptcy court with more than $264 million in debt and sale plans, saying it is facing a contracting solar energ... (more story)