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

Large Cap More

777 Partners Can Tap DIP, But Competing Offers Remain

Investment firm 777 Partners received interim approval to access $600,000 in debtor-in-possession financing Thursday, but a Texas bankruptcy judge reserved a decision on who would be providing the remaining $8... (more story)

Raizen Seeks NY Court's OK On $12B Brazilian Restructuring

Brazilian energy company Raizen SA is preparing to seek a New York bankruptcy judge's approval of its more than $12 billion restructuring, saying in a motion this week that the Shell-supported plan will let it... (more story)

American Efficient Asks Court To Sanction Grid Operator

North Carolina-based energy efficiency aggregator American Efficient asked the bankruptcy judge overseeing its Chapter 11 case in the state to sanction grid operator PJM Interconnection LLC for withholding rou... (more story)

Australia Endo Mesh Trust Plaintiffs Lose Injunction Bid

A group of about 6,000 Australian claimants can't stop a post-confirmation Endo International trust from distributing $2 million to women who said they were injured by defective vaginal mesh products, a New Yo... (more story)

5 Bankruptcy Attys Join GrayRobinson From Fla. Boutique

GrayRobinson PA announced Thursday that a team of five bankruptcy attorneys, including three shareholders, have joined the firm's Boca Raton, Florida, office from a recently shuttered boutique.

Carmody Escapes Most Claims By Irish Mogul's Ex

Carmody Torrance Sandak & Hennessey LLP has escaped all but a sole malpractice claim in a 2024 lawsuit by Gayle Killilea Dunne, the ex-wife of Irish real estate developer Sean Dunne, whose $942 million bankrup... (more story)

Nursing Home Co. Genesis Settles Ch. 11 Suit

Bankrupt nursing home operator Genesis and two other companies have agreed to resolve a Chapter 11 adversary action in Texas targeting the two firms, which Genesis said have connections to a shareholder accuse... (more story)

Wood Pellet Execs' $650M Bet Blamed For Bankruptcy

The litigation trustee for wood-pellet producer Enviva Inc.'s Chapter 11 litigation trust has sued five former executives in the Delaware Chancery Court, accusing them of secretly committing the company to mor... (more story)

777 Partners Picks $8.6M DIP Offer From Existing Lenders

Bankrupt investment firm 777 Partners told a Texas bankruptcy judge Wednesday that it has selected an $8.6 million offer from a group of existing lenders to provide post-petition financing for the company afte... (more story)

Jackson Walker Says US Trustee Can't Claw Back Legal Fees

Jackson Walker said this week that the U.S. Department of Justice's bankruptcy watchdog is beyond the bounds of its authority in a yearslong effort to force the firm to return millions of dollars in legal fees... (more story)

Mid Cap More

Fashion Biz Founder Gets 5 Years For Large-Scale Fraud

A federal judge in New York sentenced the founder of bankrupt apparel company CaaStle to five years in prison on Thursday after she admitted to deceiving investors about the prospects of her supposed $1.4 bill... (more story)

Sangamo Ch. 11 Auction Nets $238M In Offers

A Delaware bankruptcy judge Thursday agreed to approve a trio of sales that will bring in $52 million in cash for Sangamo Therapeutics, after attorneys representing the life sciences group told the court a com... (more story)

Camp Mystic Fights Families' Bids To Remand Flooding Suits

Camp Mystic is urging a Texas federal court to reject bids to return wrongful death lawsuits over flooding fatalities there last summer to state court, saying federal law is clear that personal injury and wron... (more story)

Conscious Content's $3M DIP Boost Faces Creditor Pushback

A Delaware bankruptcy judge Thursday said he would consider ed-tech company Conscious Content Media's request for $3 million in additional Chapter 11 financing next week, after the creditors committee pushed b... (more story)

Oklahoma Apartment Owner Pushes For Trustee In YSA Ch. 11

The owner of an Oklahoma apartment complex asked a bankruptcy judge on Tuesday to appoint a Chapter 11 trustee in the insolvency case of YSA Investments 1 LLC, saying ongoing litigation and questions about the... (more story)

Ed Tech Co. Conscious Content Seeks $3M DIP Boost

Education technology firm Conscious Content asked a Delaware bankruptcy judge Wednesday to let it take out $3 million in new Chapter 11 financing, telling the court the company needs the additional cash while ... (more story)

Hunton Adds A&O Shearman Bankruptcy Partner In Dallas

Hunton Andrews Kurth LLP announced Wednesday that it has boosted its national restructuring and bankruptcy practice with a Dallas-based partner who came aboard from Allen Overy Shearman Sterling.

Law School's Missed Lessons: Surviving A Long Trial

Most of law school trial advocacy is geared toward the sprint of trying a short case, but beyond managing a cross-examination or closing argument, effectively handling the marathon of a lengthy trial requires ... (more story)

Horticultural Supplier BFG Files For Ch. 11 Seeking Sale

A major U.S. distributor of horticultural and agricultural supplies, BFG Supply Co. LLC, filed for Chapter 11 bankruptcy protection in Delaware, reporting between $100 million and $500 million in both assets a... (more story)

Summer Camps' Owner Facing Liquidation, Claims Top $882M

Michael Shabsels, one of the brothers who were in charge of a summer camp and real estate empire before it crashed in June, has two weeks to file financial information in his own Chapter 11 case or else face c... (more story)

Expert Analysis

Addressing Merchant Cash Advances In Subchapter V

As regulatory enforcement continues and more small businesses turn to Subchapter V bankruptcy to manage merchant c... (more story)

Being In A Band Made Me A Better Lawyer

Playing shows in storied New York City venues and rehearsing with my bandmates in poorly ventilated rooms helped d... (more story)

Correctional Healthcare Requires Clearer Legal Standards

As the correctional healthcare industry increasingly faces financial instability due to litigation, the U.S. Burea... (more story)