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Sandy Hook Families Say Alex Jones Co. Can't Dodge Bond

Sandy Hook Elementary School massacre victims' families have asked the Texas Supreme Court to dissolve an appeals court order blocking a receiver from deploying the assets of Alex Jones' Free Speech Systems LL... (more story)

Catching Up With New Bankruptcy Case Action

Ice cream maker Rebel Creamery filed for Chapter 11 protection after rival Van Leeuwen won a $23.8 million judgment against the company, project development firm Tetrad Enterprises filed for bankruptcy in Puer... (more story)

NJ Judge OKs Insurer Deal For $180M Diocese Abuse Fund

A New Jersey bankruptcy judge on Tuesday approved a deal between the Roman Catholic Diocese of Camden, New Jersey, and a group of its insurers to create a $180 million fund to pay sexual abuse claims against the diocese.

​​​​​​​Catching Up With Delaware's Chancery Court

The Delaware Chancery Court last week tackled disputes involving multibillion-dollar mergers, corporate oversight, founder control, SPAC litigation, commercial contracts and attorney fees.

Petrochemical Co. Braskem Idesa Files Ch. 11 With $3.6B Debt

Petrochemical company Braskem Idesa has filed for Chapter 11 protection in Texas federal court with $3.6 billion of debt and a prenegotiated plan to cut $920 million through measures including a debt-equity swap.

Google To Pay $10M For Spirit Airlines Data To Help AI Models

Technology giant Google LLC has won an auction for Spirit Airlines' emails, chats, spreadsheets and other data, offering $10 million for anonymized information it will use to improve its large language models ... (more story)

Imerys Says Talc MDL Ruling Shouldn't Delay Ch. 11 Plan OK

Imerys Talc and Cyprus Mines have asked the Delaware bankruptcy court to reject calls by their insurance carriers to put off confirming their joint Chapter 11 plan so that the court could take into considerati... (more story)

Dish Can Pay Off $2.75B Of Secured Notes Early In Ch. 11

A Texas bankruptcy judge on Monday gave video distribution group Dish DBS Corp. the authority to pay off early some $2.75 billion in secured notes due in December, with debtor's counsel saying this will save s... (more story)

Nussbaum-Linked Firms' Ch. 11s Tossed For Bad Faith

A New York bankruptcy judge has dismissed the Chapter 11 cases of two commercial real estate law firms headed by Mark J. Nussbaum, finding their petitions were filed in bad faith and that the cases instead bel... (more story)

AIG Ex-Execs Win Ruling That Parent's FP Loan Was Equity

American International Group's funding advances to one of its investment units was an equity infusion and not debt, a Delaware bankruptcy judge ruled Friday, handing a win to former executives who say they're ... (more story)

Mid Cap More

MMA Law Tells 5th Circ. It Didn't Waive Hurricane Suit Fees

MMA Law Firm has urged the Fifth Circuit to vacate a Texas federal district court ruling against it, arguing the district court did not have jurisdiction to hear an appeal of a bankruptcy court's decision to g... (more story)

Ch. 11 Dismissal Bid Fans Flames In Power Plant Control Fight

Omnis Pleasants' parent company formally moved for dismissal of the West Virginia coal plant's Chapter 11 proceeding in Delaware, alleging the case was launched to gain an advantage in pending governance litig... (more story)

Battery Recycler Wins Plan OK Over US Trustee Objection

A Texas bankruptcy judge Monday approved the post-sale Chapter 11 liquidation plan of battery recycler Ascend Elements, overruling an objection from the U.S. Trustee's Office to an exculpation for the sole mem... (more story)

SiFi Networks Gets OK To Take Ch. 11 Plan Votes

A Delaware bankruptcy judge said that privately owned telecommunications company SiFi Networks America LLC can solicit votes on its combined Chapter 11 plan and disclosure statement.

Real Estate Cos.'s Ch. 11 Moved To Okla. From Texas

A Texas bankruptcy court Monday transferred cases involving Oklahoma apartment complexes to the Western District of Oklahoma.

Orrick Settles €21M Negligence Claim Over Debt Advice

Orrick Herrington & Sutcliffe (UK) LLP has settled a claim by a hedge fund accusing the firm of negligence, alleging it failed to advise it to enforce a €21 million ($24.3 million) debt in a French energy group's insolvency.

NYC Real Estate Week In Review

Willkie and Greenberg Traurig are among the law firms that picked up work on the top New York City real estate deals that hit public records last week, with a $310 million Manhattan trade leading the way.

Rebel Creamery Hits Ch. 11 After $24M Loss To Van Leeuwen

Ice cream company Rebel Creamery has filed for Chapter 11 protection in Utah bankruptcy court with about $24 million in debt, one month after losing a trademark lawsuit brought by rival Van Leeuwen.

Tricolor Founder Can't Ax 'Infrequently Charged' Lead Count

The founder and former CEO of bankrupt subprime auto lender Tricolor Holdings cannot dodge a criminal enterprise charge in federal prosecutors' case alleging a yearslong scheme to defraud the company's lenders... (more story)

NC County Sues Bankrupt Hospital Operator For $10M

North Carolina's Martin County has sued CHS/Community Health Systems Inc. for $10 million in North Carolina federal court, alleging the company failed to honor its obligations to run Martin General Hospital af... (more story)

Expert Analysis

Going To Hardcore Shows Makes Me A Better Lawyer

While government contracts law and the hardcore scene may seem entirely unrelated, in my experience, both are abou... (more story)

Student Loan Revamp Leaves Bankruptcy Untouched

Recent changes to the Graduate PLUS student loan program may moderate borrowing and simplify repayment, but they m... (more story)

QVC Ch. 11 Confirmation Shows Independent Directors' Value

QVC's recently confirmed Chapter 11 plan joins a growing body of restructuring precedent demonstrating that well-f... (more story)