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Expert Analysis

E-Discovery Quarterly: Recent Rulings On Dynamic Databases

Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dy... (more story)

Drafting For Distress: D&O Policy Tips Ahead Of Ch. 11 Filings

Considering recent bankruptcy statistics and the economic climate, now is a good time for companies to revisit the... (more story)

Law School's Missed Lessons: Networking 101

Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be... (more story)

Large Cap More

What's Happening In Bankruptcy Court This Coming Week

On the heels of the Thanksgiving holiday weekend, bankruptcy judges will consider debtor-in-possession financing requests from hospital operator Prospect Medical and Office Properties Income Trust, bidding pro... (more story)

Akerman Matches 2023 Partnership Class With 15 Additions

Akerman LLP announced Tuesday that it has promoted 15 lawyers to its partnership, the same number it promoted to partner in 2023 and five fewer than it tapped in 2024.

Byju's Gets OK For Settlement Tied To $533M Clawback

A Delaware bankruptcy judge on Wednesday approved a settlement that education technology group Byju's said provides key information on what happened to $533 million in missing money as it works to recover the ... (more story)

New Orleans Archdiocese Strikes Deal With Bondholders

The Roman Catholic Archdiocese of New Orleans has informed a Louisiana bankruptcy judge it cleared one of the major obstacles to confirmation of its Chapter 11 plan by reaching a settlement with objecting bondholders.

Ex-Media Exec Launches Counter Fees Bid In Severance Fight

A former media executive is pushing back on Morgan Lewis & Bockius LLP's demand for more than $500,000 in legal fees, arguing that a New Jersey federal court should instead award him more than $600,000 in fees... (more story)

New Complaint Says Ex-Execs Turned Steward Into 'Zombie'

Bankrupt hospital operator Steward Health has filed hundreds of millions in new claims in Texas bankruptcy court against its former CEO and other executives, including allegations that they orchestrated a sale... (more story)

Nicklaus Golf Co. Gets OK For $10M Ch. 11 Loan

A Delaware bankruptcy judge Tuesday gave sporting gear and golf course design company Nicklaus Cos. permission to tap $10 million in Chapter 11 financing, even though counsel for founder and pro golf legend Ja... (more story)

Spirit Airlines Seeks More Time To File Ch. 11 Plan

Spirit Aviation Holdings has asked a New York bankruptcy court for an extension of its exclusive rights to file and solicit votes on a Chapter 11 plan, saying it has already made significant progress in the pr... (more story)

Delaware Judge Accepts $5.89B Bid For Control Of Citgo

A Delaware federal judge on Tuesday approved a $5.892 billion bid from hedge fund Elliott Investment Management LP to purchase shares in Citgo's parent company and satisfy billions of dollars' worth of Venezue... (more story)

Rite Aid Resolves Remaining Dispute With US Trustee

Drugstore chain Rite Aid resolved a remaining disagreement with the U.S. Trustee's Office related to the debtor's Chapter 11 plan, bringing it one step closer to confirmation.

Mid Cap More

Lenders Say Their Liens Are Senior In Dolphin Co. Ch. 11 Row

A group of secured lenders owed $100 million by dolphin park owner Leisure Investment Holdings LLC said in court filings Nov. 25 that its liens over the debtor's assets are senior to a judgment creditor and th... (more story)

Calif. Cheesemaker Delays Ch. 7 Bid Amid Sale Progress

Cheese producer Rizo-Lopez Foods Inc. pushed back a motion to convert its Chapter 11 case to a Chapter 7 liquidation to Dec. 18, citing progress since it initially filed its conversion motion.

Foley & Lardner Hit With Malpractice Suit Over Chancery Loss

Foley & Lardner LLP has been sued in Delaware Superior Court by three officers of a now-defunct food recycling company who say the firm was negligent when representing them in a Chancery Court case that led to... (more story)

Judge Gives Conditional OK To American Signature DIP Plan

A Delaware bankruptcy judge said Tuesday that she will approve home furnishing retailer American Signature Furniture's bid for interim approval of post-petition financing, after giving a mixed response to obje... (more story)

Bitcoin Depot Unit Hit With $18.5M Arbitration Award

The parent of a Canadian company that develops software allowing global network users to deposit cash for Bitcoin or exchange Bitcoin for cash said its subsidiary was hit with an $18.47 million arbitral award ... (more story)

11th Circ. Backs Exclusion Of $80M Asset Valuation

The Eleventh Circuit ruled Monday that a bankruptcy judge did not err in excluding an expert's $80 million valuation of bankrupt title insurance underwriter ATIF Inc.'s 2015 transfer of two pieces of real esta... (more story)

Battery Maker Powin Gets OK For Ch. 11 Liquidation Plan

A New Jersey bankruptcy judge Tuesday confirmed green energy storage manufacturer Powin LLC's Chapter 11 liquidation plan, overruling an objection by the U.S. Trustee's Office to the opt-out mechanism for obta... (more story)

Maverick Gaming OK'd For $62.5M Core Asset Sale In Ch. 11

Maverick Gaming obtained Texas bankruptcy court approval Tuesday for a $62.5 million sale of its core assets after the secured lenders that are purchasing the business and the debtor's unsecured creditors reac... (more story)

Biomedical Co. Gets First-Day Ch. 11 Relief Amid Sale Push

Clearside Biomedical Inc., a company that develops treatments for serious eye diseases, received a Delaware bankruptcy judge's permission Tuesday to pay contractors' wages and prepetition taxes as the company ... (more story)

Court Won't Alter Nikola Corp. Founder's Ch. 11 Appeal Issues

A Delaware bankruptcy judge declined Tuesday to narrow an appeal of his order approving electric-truck maker Nikola Corp.'s Chapter 11 plan brought by company founder Trevor Milton, who was pardoned by Preside... (more story)