To access this content, a subscription to Bankruptcy Authority is required.
A group of attorneys from Akin Gump Strauss Hauer & Feld LLP is representing the official committee of unsecured creditors of video distribution entities owned by EchoStar Corp., including Dish Wireless LLC, as the company seeks to approve its prepackaged reorganization plan.
Food chain Salad and Go plans to shut down in bankruptcy after a parasite outbreak linked to raw lettuce caused a dip in sales for the already financially strained business. An investment firm is looking to complete its wind-down in Chapter 11 and fend off an involuntary Chapter 7 petition. And an Ohio university filed for Chapter 11 to close down after years of operating losses.
Hedge fund Mars FX has filed a Chapter 11 liquidation plan in New York bankruptcy court that would transfer its assets and legal claims tied to a roughly $567 million trading platform balance it alleged was missing to a litigation trust, which would pursue recoveries and distribute the proceeds to creditors and investors.
A New York bankruptcy judge Wednesday seemed inclined to hear key questions regarding a slate of clawbacks against former customers of defunct cryptocurrency platform Celsius, even as a subset of the customers... (more story)
As bankruptcies overall rose, streamlined small business bankruptcies were up almost a quarter in July from filings in the same month last year — but down compared to June of this year, according to new data.
Exiled Chinese businessman Miles Guo's daughter has asked the U.S. Supreme Court to review decisions transferring a yacht that sold for $23 million plus a $37 million escrow fund to her father's Connecticut Ch... (more story)
A Texas bankruptcy judge Wednesday gave CVS unit Omnicare clearance to solicit votes on its Chapter 11 plan, finding the objections raised by the U.S. Trustee's Office were more relevant to the confirmation stage.
A trustee who has accused BakerHostetler and an Atlanta-based attorney of legal malpractice has asked a Georgia federal court to allow him to accuse the former de facto general counsel and business adviser of ... (more story)
Thomas Kessler of Cleary Gottlieb Steen & Hamilton LLP guided airline Azul's Chapter 11 plan as counsel to the ad hoc secured creditor group that sponsored the plan, as well as helped crypto company Genesis re... (more story)
New York City is having the strongest Class A office leasing year this century, one of Weil's real estate leaders told Law360 Real Estate Authority in a recent interview.
A Texas bankruptcy judge Tuesday deferred his decision on whether to give interim approval to investment firms 777 Partners and 600 Partners to tap into $2.5 million in debtor-in-possession financing, giving t... (more story)
Dish DBS and its creditors disagreed Tuesday about the impact of a recent Federal Communications Commission order, with the debtor arguing a $2.4 billion trust established by its parent company, EchoStar, now ... (more story)
A Texas bankruptcy judge ruled Tuesday that Sidley Austin LLP is eligible to act as counsel for nursing home company Genesis Healthcare in adversary lawsuits linked to its Chapter 11, finding Sidley could repr... (more story)
A Delaware bankruptcy judge declared that the convicted co-founder and former CEO of NS8 Inc. owes at least about $68 million to the litigation trustee appointed under the cybersecurity company's bankruptcy plan.
A Pennsylvania bankruptcy judge on Wednesday agreed to end a Chapter 11 case filed by Pittsburgh's purported oldest brewery, which claims there's no possibility of continued operation under its current ownersh... (more story)
Tetrad Enterprises LLC, a project development company focused on large-scale utility and infrastructure projects, filed for Chapter 11 bankruptcy protection in Puerto Rico for the second time since last year, ... (more story)
A Texas bankruptcy judge on Tuesday asked attorneys for Instant Brands' litigation trustee and Cornell Capital to return to court in the next few weeks for a hearing on a dispute surrounding the trustee's plan... (more story)
The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission sued bankrupt cryptocurrency investment firm Goliath Ventures Inc. and its founder Tuesday claiming they orchestrated a ... (more story)
The Chapter 11 trustee in the bankruptcy of Waterfront Resort Holdings, the owner of 105 unsold condominium units in New York City, has urged a bankruptcy judge to consider whether three individuals involved i... (more story)
The Archdiocese of New York is taking a second bite at the apple in state appeals court with a request for punitive damages against Chubb, alleging the insurer ran a "shadow campaign" against the archdiocese e... (more story)
Clifford Carlson of Weil Gotshal & Manges LLP has been on the front lines of some of the most complex Chapter 11 cases filed in Houston's bankruptcy court in recent years as debtor's counsel to multistate hosp... (more story)
Dolphin park owner Leisure Investments has urged the Delaware bankruptcy court to approve the sale of its assets for $2 million.
A Baltimore woman is accusing a California-based attorney and her firm of illegally withholding thousands of dollars from opioid victims' Purdue Pharma settlement payments in a new class action filed Sunday in... (more story)
Jaclynn McDonnell
Recent changes to the Graduate PLUS student loan program may moderate borrowing and simplify repayment, but they m... (more story)
John Ventola, Douglas Gooding and Jonathan Marshall
QVC's recently confirmed Chapter 11 plan joins a growing body of restructuring precedent demonstrating that well-f... (more story)
David Chase
Instructing a law school course on U.S. Securities and Exchange Commission investigations has made me a more thoug... (more story)