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Real Estate Co. E-House Gets Ch. 15 Nod For Restructuring

A New York bankruptcy judge Wednesday granted Chinese real estate services group E-House's Chapter 15 petition, recognizing a Cayman Island restructuring scheme giving creditors equity in the group.

Watchdog Can Pursue Jackson Walker Fees, Judge Says

The U.S. Trustee's Office has standing to pursue millions of dollars in fees paid to Jackson Walker LLP in cases assigned to a judge who was in an undisclosed romantic relationship with one of the firm's ex-pa... (more story)

Blank Rome Lands 4 Hogan Lovells Commodities Lawyers

Blank Rome LLP has brought on a four-attorney, New-York based commodities team from Hogan Lovells Cadwalader that advises clients in the financial services and energy industries.

BioXcel Gets Nod For $125M Bankruptcy Sale To Teva

A Delaware bankruptcy judge Wednesday gave the OK to artificial intelligence-powered pharmaceutical group BioXcel to proceed with a $125 million sale to Israeli drugmaker Teva Pharmaceuticals, and allowed the ... (more story)

Getty Images Files Ch. 11 Case With More Than $1B Of Debt

Visual content company Getty Images Holdings Inc. filed for Chapter 11 protection Wednesday in Delaware bankruptcy court with more than $1 billion of debt and a plan in hand that will provide $533 million in n... (more story)

Eton Park, Petersen Can't Keep Argentina Docs In $16B Case

Former minority shareholders in Argentine oil and gas company YPF have been barred from retaining discovery obtained in a New York court case as they pursue an investor-state claim against Argentina over a sin... (more story)

NOLA Archdiocese Settles Abuse Board Disclosure Row

The Roman Catholic Archdiocese of New Orleans and the trustee of its $230 million childhood sexual abuse settlement fund on Tuesday told a Louisiana bankruptcy judge they had reached an agreement to share the ... (more story)

Omnicare Seeks 3rd Change To Ch. 11 Loan Ahead Of Maturity

Pharmacy service provider Omnicare has asked a Texas bankruptcy judge for permission to make a third set of tweaks to its $110 million debtor-in-possession financing agreement, including when the loan comes du... (more story)

Linqto Seeks OK For New Liquidating Trustee

Investment platform Linqto asked a Texas bankruptcy judge to allow modifications to its Chapter 11 plan, substituting one entity as liquidating trustee for another.

Hughes Satellite Keeps Control Of Ch. 11 Case For Now

A Texas bankruptcy judge on Tuesday allowed telecommunications company Hughes Satellite Systems Corp. to retain its exclusive right to file a Chapter 11 plan until Dec. 1, rejecting a noteholder challenge to t... (more story)

Mid Cap More

Charity Liquidators Sue AFL In Fight Over $300K Donation

Liquidators for collapsed charity Disaster Relief Australia have filed Federal Court of Australia proceedings against the AFL over an alleged $300,000 donation given to the charity which the league wants to be paid back.

Salad Chain Beats Objection To 2 Store Sales

Drive-thru chain Salad and Go on Tuesday secured a Texas bankruptcy judge's approval to sell leases for two of its restaurants to a company controlled by its co-founder and a separate entity, defeating landlords' objections.

Landry's, TREW Seek To Buy Fireman's Restaurants In Ch. 11

Bankrupt restaurant group SMF Group, which owns several iconic eateries in New York City's Theater District and was founded by legendary restaurateur Shelly Fireman, asked a bankruptcy judge Tuesday to approve... (more story)

Vanderbilt Minerals Can Send Ch. 11 Plan To Creditor Vote

A New York bankruptcy judge Tuesday authorized clay and materials miner Vanderbilt Minerals to send its Chapter 11 plan to a creditor vote ahead of a December confirmation hearing.

23andMe Successor Co. Inks $6M Data Breach Deal With Calif.

California and 23andMe's corporate successor have reached a $6 million settlement that, if approved, would resolve the state's allegations that the genetic testing company failed to protect customers' sensitiv... (more story)

Solar Lender Seeks Exit From Michigan AG's $81M Fraud Case

A solar financing company accused of helping facilitate an $81 million scheme that allegedly left Michigan homeowners with inoperable solar systems and mounting debt has asked a federal judge to dismiss the st... (more story)

NYC's Balcon Nightclub To Repay Lenders Via Property Sale

Bankrupt New York City nightclub Balcon Salon has reached a deal to sell its property and distribute the proceeds, most of which would go to its lender, and sought to hire a real estate adviser.

Mirra-Access' Ch. 11 Paused As It Works On $400M Debt Deal

A Florida bankruptcy judge Monday suspended the Chapter 11 case of healthcare provider Mirra-Access Holdings for 45 days, approving the debtor's request for an abatement that it hopes will allow it to carry ou... (more story)

Crypto Co. Seeks Contempt Order Against Australian Creditor

Cryptocurrency mining firm Mawson has urged a Delaware bankruptcy judge to hold a creditor based in Australia in contempt of a previous order directing it to post a bond, arguing the creditor should be fined $... (more story)

Judge Delays Plan Disclosure Hearing For SF Archdiocese

A California bankruptcy judge on Friday agreed to postpone a hearing on the Archdiocese of San Francisco's Chapter 11 disclosure statement by nearly two weeks after insurers said they need more time to examine... (more story)

Expert Analysis

Industry On The Rocks: 5 Options For Distressed Alcohol Cos.

As the U.S. alcohol industry, long regarded as recession-resistant and reliably profitable, confronts an unprecede... (more story)

Bankruptcy Deadlines, Concessions Can Decide Lien Priority

The Fifth Circuit's recent decision in Adler v. Energy Debt Holdings warns buyers of secured claims to watch for b... (more story)

What Lawyers Should Know Before Accepting Crypto Payment

As clients increasingly request to pay legal fees, retainers and escrow funds using cryptocurrency, lawyers should... (more story)