To access this content, a subscription to Bankruptcy Authority is required.

Large Cap More

Blue Apron Meal Supplier Hits Ch. 11 After Listeria Woes

FreshRealm Inc., the exclusive meal supplier for Blue Apron, has filed for Chapter 11 in New Jersey, with plans to divest its Blue Apron contract and sell the rest of its business after it took a hit from list... (more story)

Catching Up With New Bankruptcy Case Action

A farming operation sought Chapter 15 recognition of its Canadian insolvency, a software company entered Chapter 11 with plans to sell its business to a lender, and a kitchen design firm began a Chapter 7 liquidation.

Del. Chancery Adds U.S. Trustee Atty As Its Latest Magistrate

Delaware's Court of Chancery has added a former attorney for the U.S. Trustee's Office to serve as a magistrate judge to adjudicate corporate dissolutions, wind-downs and other matters.

Retail Data Firm Can Tap $34.2M DIP As It Plans Ch. 11 Sale

A Texas bankruptcy judge Tuesday gave interim approval to Wiser Solutions Inc.'s $34.2 million debtor-in-possession loan, freeing up $4.2 million in new funds as the retail data software company eyes a June Ch... (more story)

Reed Smith Targeted In Eletson Gas Ownership Fracas

Reed Smith LLP and two of its partners are facing a $262 million lawsuit in a long-running and bitter dispute over ownership of an international gas shipping company, as well as other issues that remain unreso... (more story)

Celsius Admin Eyes Mediation In Ch. 11 Suit Against Ex-Execs

Lawyers for the litigation administrator tapped under Celsius Network's Chapter 11 plan told a New York bankruptcy judge Monday that they plan to try mediation next month in a lawsuit accusing the defunct cryp... (more story)

Retail Data Co. Wiser Solutions Hits Ch. 11 With $563M In Debt

Wiser Solutions, a software company that collects data from retailers, has filed for Chapter 11 protection in Texas bankruptcy court with about $563 million in debt and plans to sell its business to its main lender.

3rd Circ. Panel Once Again Backs Talc Co. Whittaker's Ch. 11

The Third Circuit on Monday upheld its decision that Whittaker Clark & Daniels was authorized to file for Chapter 11 and certain claims against the defunct talc supplier's corporate successor belong to the deb... (more story)

Justices Skip Live Well Founder's Bond Fraud Conviction

The U.S. Supreme Court on Monday declined to review the conviction of Live Well Financial founder Michael Hild for inducing lenders to extend credit by jacking up bond valuations to increase its debt and borrow against it.

Real Estate Recap: Insurance Allure, People Pinch, Blackstone

Catch up on this past week's key developments by state from Law360 Real Estate Authority — including an alluring source of capital for real estate investment trusts, how competition for skilled workers may ham... (more story)

Mid Cap More

North Carolina HBCU Hits Ch. 11 With Over $50M In Debt

St. Augustine's University, one of the nation's oldest historically Black colleges and universities, has filed for Chapter 11 protection in North Carolina bankruptcy court with up to $100 million in liabilitie... (more story)

Creditor Objects To Wind Farm Pile-Maker's Ch. 11 Financing

A landlord of a bankrupt wind farm pile-maker has lodged an objection to the debtor's proposed Chapter 11 financing, arguing it was insider financing that would improperly roll up unsecured debt.

Mortgage Broker Can Shield $1.4B In Tax Assets In Ch. 11

Bankrupt home lending broker Impac Mortgage Holdings Inc. received emergency approval on Monday to restrict trading of its stock in order to protect as much as $1.4 billion in tax attributes, which are its mos... (more story)

Sand Miners Avoid Immediate Ch. 7 Liquidation

A Texas bankruptcy judge declined to order an immediate conversion of the Chapter 11 cases of two debtors that mine and process sand for fracking, but said she would wait to rule on bidding procedures and addi... (more story)

Kitchen Design Co. Abruptly Hits Ch. 7 With $100M+ Liabilities

Wren US Holdings Inc., a kitchen design firm based in the northeastern United States, has filed for Chapter 7 liquidation in Delaware, citing between $100 million and $500 million each of assets and liabilities.

Pool Co. Wins Extra $1.3M In Atty Fees For Unpaid Judgment

Attorneys from McCarter & English LLP, Womble Bond Dickinson and Georgiou Partnership LLP who represent a U.S.-based swimming pool parts manufacturer won an additional $1.3 million in attorney fees for their e... (more story)

Rakoff Tosses Securities Fraud Claims Against Coinbase

U.S. District Judge Jed Rakoff has tossed securities fraud claims against cryptocurrency exchange Coinbase brought by investors in a digital asset that tracked the native token of the now-failed Terraform bloc... (more story)

9th Circ. Won't Renew Wash. Developer's Suit Against County

A Ninth Circuit panel declined Friday to resurrect a Washington developer's lawsuit accusing Whatcom County officials of violating its constitutional rights by scaling back a housing development plan, concludi... (more story)

Moelis, KPMG, FTI Defend Fees In Nine Energy Ch. 11

A trio of professional firms that advised oil service company Nine Energy in its speedy Texas Chapter 11 defended fee applications seeking a total of $5.7 million, saying a creditor's objections are too genera... (more story)

Fox Rothschild Lands Restructuring Ace From Riker Danzig

Fox Rothschild LLP gained a former longtime Riker Danzig LLP partner in its financial restructuring and bankruptcy department with experience in complex restructurings, corporate trust matters and more, the fi... (more story)

Expert Analysis

Law School's Missed Lessons: How To Draft Pleadings

Most law school graduates step into their first jobs without ever having drafted a complaint, answer, motion or ot... (more story)

E-Discovery Quarterly: Recent Rulings On ESI Control

Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically ... (more story)

2 Discovery Rulings Break With Heppner On AI Privilege Issue

While a New York federal court’s recent ruling in U.S. v. Heppner suggests that some litigants’ communications wit... (more story)