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Bowled Over: How Inflation Put Pinstripes In Ch. 11
Pinstripes Holdings Inc., a restaurant chain offering bocce ball and bowling alongside fettuccine bolognese, was buffeted by inflation and drooping business as it poured cash into growing its fortunes before hitting Chapter 11.
Spirit's Shake-Up In 2nd Ch. 11 May Not Save Budget Airline
In its second bankruptcy case in under a year, Spirit Airlines has vowed to use the tools of Chapter 11 to ditch jets and change where it flies, but even a comprehensive restructuring this time may not save the business from an eventual liquidation, experts told Law360.
Meet The Attys Guiding Georgia Apartment Co.'s Ch. 11
A team of attorneys from Goldberg Weprin Finkel Goldstein LLP are representing the minority owner of a 200-unit apartment complex in the Atlanta metro area in a Chapter 11 it launched in New York.
Bowled Over: How Inflation Put Pinstripes In Ch. 11
Pinstripes Holdings Inc., a restaurant chain offering bocce ball and bowling alongside fettuccine bolognese, was buffeted by inflation and drooping business as it poured cash into growing its fortunes before hitting Chapter 11.
Spirit's Shake-Up In 2nd Ch. 11 May Not Save Budget Airline
In its second bankruptcy case in under a year, Spirit Airlines has vowed to use the tools of Chapter 11 to ditch jets and change where it flies, but even a comprehensive restructuring this time may not save the business from an eventual liquidation, experts told Law360.
Meet The Attys Guiding Georgia Apartment Co.'s Ch. 11
A team of attorneys from Goldberg Weprin Finkel Goldstein LLP are representing the minority owner of a 200-unit apartment complex in the Atlanta metro area in a Chapter 11 it launched in New York.
Expert Analysis
Though law school may not have specifically taught us how to use generative artificial intelligence to help with o... (more story)
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A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a co... (more story)
Every year, an advisory committee receives dozens of proposals to amend the Federal Rules of Civil Procedure, most... (more story)
Large Cap More
The National Institute of Standards and Technology's ongoing investigation into the 2021 partial collapse of the Champlain Towers South in Surfside, Florida, shows the collapse likely began in the 12-story res... (more story)
The Diocese of Oakland has asked a bankruptcy judge to dismiss its more than two-year-old Chapter 11 case, saying it cannot afford a contested confirmation hearing after hitting what it called a mediation dead... (more story)
The unsecured creditors of an insolvent wind turbine blade maker have asked a Texas bankruptcy court to reject the terms of the debtor's proposed Chapter 11 financing, saying it would hand the reins of the ban... (more story)
A Connecticut bankruptcy judge has approved deals between Chinese exile Miles Guo's Chapter 11 trustee and the law firm McDermott Will & Schulte, four other law firms and one consulting firm, ending $4.4 milli... (more story)
Trif & Modugno LLC has reiterated to the Essex County Superior Court in New Jersey that part of a malpractice suit filed against it by Lowenstein Sandler LLP must be dismissed because the national firm did not... (more story)
Tricolor Holdings, a Texas-based company that provides car loans to low-income buyers, and several affiliates filed for Chapter 7 liquidation in Texas bankruptcy court Wednesday with more than $1 billion of debt.
Right-wing media firebrand Alex Jones asked the U.S. Supreme Court to take up his appeal of a $1.4 billion defamation damages award conferred by a Connecticut state court over statements about the 2012 Sandy H... (more story)
A Delaware bankruptcy judge Tuesday approved a request from jewelry chain Claire's for permission to sell some of its U.S. stores and intellectual property to a private holding company for $104 million in cash... (more story)
A Texas bankruptcy judge Tuesday gave wind turbine blade maker TPI Composites permission to hand off its Turkish operations to a local owner, a move the company said will save it $31 million in intercompany obligations.
The Second Circuit vacated a lower court order that prevented New York Attorney General Letitia James from stopping a bankruptcy education nonprofit from advising low-income debtors Tuesday, saying that while ... (more story)
Mid Cap More
Counsel for consumer lending company Eventide Credit Acquisitions told a Texas bankruptcy judge Wednesday that a Chapter 11 trustee does not need to take over its bankruptcy, arguing the unsecured creditors co... (more story)
A Florida federal judge on Wednesday chided attorneys over discovery deadlines in a Chapter 11 bankruptcy case involving a downtown Miami high-rise development, setting an October deadline to produce documents... (more story)
A New York bankruptcy judge agreed Wednesday to temporarily stay creditor actions against Canadian dietary supplement business Iovate Health Sciences one day after the Hydroxycut maker sought Chapter 15 protection.
A group of bankrupt nursing homes told a Third Circuit panel Wednesday that a nearly $36 million judgment against it for not paying employees overtime should be thrown out because the judge who ordered it foun... (more story)
Bankrupt fragrance company IMG obtained a temporary restraining order Wednesday against a litigation adversary the debtor said is threatening its Delaware restructuring by pursuing federal court action in New York.
A Delaware bankruptcy judge on Wednesday granted interim approval for Italian eatery and bowling chain Pinstripes' $3.8 million debtor-in-possession financing from its prepetition lender, which will help the c... (more story)
A Delaware bankruptcy judge Wednesday approved UpHealth's Chapter 11 liquidation plan and the settlement of two long-standing legal disputes, one of which the medical technology company blames for tipping it into bankruptcy.
An Arizona developer and his son were both sentenced to prison Tuesday for deceiving investors into sinking $280 million into a Phoenix-area sports park by forging documents and inflating revenue projections f... (more story)
A sweatshirt maker wants $3.6 million in attorney fees from a rival after a $21 million judgment that forced it into bankruptcy was overturned by the Federal Circuit in July, saying the judgment was based on m... (more story)
A Missouri bankruptcy judge awarded $5.8 million in legal fees and expenses Tuesday to the unsecured creditors committee of insolvent consumer DNA testing company 23andMe, signing off on bills from Stinson LLP... (more story)