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Policy Uncertainty Over Tax Credits Led Mosaic To Ch. 11
A shrinking solar energy market and unclear prospects surrounding federal tax credits for solar panels prompted solar panel financing firm Mosaic to file a Chapter 11 petition just a few days before a major residential solar panel designer, Sunnova Energy, launched its own bankruptcy case.

Meet The Attorneys Guiding Sunnova In Its $9B Ch. 11 Case
Residential solar panel company Sunnova Energy International filed for bankruptcy protection on Sunday with a plan to sell its business after struggling to deal with an outsize debt load and slowing demand for its products.

23andMe Auction Is A Wake-Up Call For Data Privacy Law
With its giant trove of customer genetic and health data up for auction, direct-to-consumer genetic testing company 23andMe's bankruptcy is revealing glaring gaps in federal data privacy laws.
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Sunnova, a major residential solar panel designer, secured a Texas bankruptcy judge's permission Wednesday to sell some of its assets for $15 million to raise liquidity while it moves through Chapter 11.
Senators from both sides of the aisle expressed interest in passing national consumer data privacy legislation during a Wednesday committee hearing inspired by 23andMe Inc.'s Chapter 11 bankruptcy.
At D.C. federal judge on Wednesday denied Russia's bid to nix litigation filed by the financing arm of Yukos Oil Co. to enforce a nearly $5 billion arbitral award, saying the Kremlin's jurisdictional objections fell short.
Following the announcement of a planned move next year to a new office in Kansas City, Missouri, Lathrop GPM LLP said Tuesday that a veteran bankruptcy attorney will be appointed the next partner-in-charge of ... (more story)
J.C. Penney has called on a Texas bankruptcy court to knock down Jackson Walker LLP's bid to escape a fee suit prompted by a yearslong secret romance between a former firm partner and a onetime bankruptcy judg... (more story)
A California couple ripped Johnson & Johnson's renewed bid to block two Beasley Allen Law Firm attorneys from representing them in their suit accusing the company of selling carcinogenic talc-based baby powder... (more story)
Automotive parts manufacturer Marelli Corp filed for Chapter 11 bankruptcy protection Wednesday with $4.9 billion in funded debt, saying tariffs had a severe effect on its business.
A bipartisan coalition of 28 attorneys general has sued 23andMe Inc. in Missouri bankruptcy court seeking to block the genetic-testing company from auctioning off its 15 million customers' personal genetic inf... (more story)
Yukos Oil Co.'s financing arm has told a D.C. federal court that a recent U.S. Supreme Court decision rejecting the Ninth Circuit's outlier interpretation of a jurisdictional question moots Russia's request th... (more story)
The Chapter 11 trustee handling Chinese exile Miles Guo's $374 million Connecticut bankruptcy estate on Tuesday previewed a forthcoming request to terminate clawback mediations and move those proceedings into ... (more story)
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A number of university scholars urged a Missouri bankruptcy judge to require that DNA testing company 23andMe Holding Co.'s asset sale be contingent on the final buyer maintaining policies that benefit biomedical researchers.
The developer of a historic hospital campus in Detroit has launched Chapter 11 proceedings in New York bankruptcy court, listing up to $10 million both in assets and liabilities and disclosing that it fell beh... (more story)
Bedmar LLC, the property lease-holding subsidiary of pharmaceutical manufacturing company National Resilience HoldCo Inc., will seek confirmation of its prepackaged Chapter 11 plan in late July, but a Delaware... (more story)
A New York bankruptcy judge on Wednesday gave biopharmaceutical company Seelos Therapeutics approval for a July asset auction with a $22 million baseline credit bid, over the objections of unsecured creditors ... (more story)
The debtors of a $300 million real estate development in Florida cited challenges in working through its Chapter 11 case on Tuesday, telling a federal bankruptcy judge that an insurance heiress's state court l... (more story)
Lawmakers pressed current and former 23andMe executives during a House Oversight Committee hearing Tuesday over national security and consumer privacy in connection with a planned Chapter 11 sale of 15 million... (more story)
A Delaware bankruptcy judge on Tuesday gave vegan restaurant chain Planta Group final approval to tap nearly $5 million in financing after being told Planta had resolved comments from its debtor-in-possession ... (more story)
A Texas state court judge drew short of sanctioning one of the companies that helped bring Cicis Pizza out of bankruptcy, but said Tuesday the company needs to turn over its complete ledger as it pursues a sui... (more story)
A company that manufactures batteries for green energy projects sought Chapter 11 protection in New Jersey bankruptcy court Tuesday, saying it is planning a spinoff and a sale to deal with its $325 million in ... (more story)
A Delaware bankruptcy judge on Tuesday signed off on nursing facility operator Petersen Health Care's Chapter 11 liquidation after the debtor reached a $6.7 million settlement agreement with its founder and CE... (more story)