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What's Happening In Bankruptcy Court This Coming Week
Vodka company Stoli Group and pharmaceutical giant Purdue are both headed to court to make the case for their bankruptcy plan disclosure statements, New Hampshire power plant operator Burgess BioPower will try to get its Chapter 11 plan confirmed, and trucking company Yellow Corp. is facing a bid to send it to liquidation.
Meet The Weil Attys Guiding Everstream's Ch. 11
Everstream, a provider of fiber networks to businesses, has retained a team of lawyers from Weil Gotshal & Manges LLP to aid its journey through a bankruptcy it started with plans to conduct a Chapter 11 sale to a competitor.
Under The Radar: Bankruptcy News You May Have Missed
A Pennsylvania coal company and creditors for an orthopedic implant maker are looking to end their respective Chapter 11 cases, the trustee for Bernie Madoff's investment firm has struck a deal with a feeder fund, and a movie production company wants permission to pay "key" employees to stay on board until the end of its own Chapter 11.
What's Happening In Bankruptcy Court This Coming Week
Vodka company Stoli Group and pharmaceutical giant Purdue are both headed to court to make the case for their bankruptcy plan disclosure statements, New Hampshire power plant operator Burgess BioPower will try to get its Chapter 11 plan confirmed, and trucking company Yellow Corp. is facing a bid to send it to liquidation.
Meet The Weil Attys Guiding Everstream's Ch. 11
Everstream, a provider of fiber networks to businesses, has retained a team of lawyers from Weil Gotshal & Manges LLP to aid its journey through a bankruptcy it started with plans to conduct a Chapter 11 sale to a competitor.
Under The Radar: Bankruptcy News You May Have Missed
A Pennsylvania coal company and creditors for an orthopedic implant maker are looking to end their respective Chapter 11 cases, the trustee for Bernie Madoff's investment firm has struck a deal with a feeder fund, and a movie production company wants permission to pay "key" employees to stay on board until the end of its own Chapter 11.
Expert Analysis
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Large Cap More
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The official committee of unsecured creditors for Steward Health Care told a Texas bankruptcy judge on Friday the company's Chapter 11 case should not be converted to a liquidation, claiming the proposed restr... (more story)
Claims asserted by Alexander Mashinsky, the founder of bankrupt cryptocurrency lender Celsius Networks, and his affiliated entities in the company's Chapter 11 case are being withdrawn and disallowed now that ... (more story)
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The Third Circuit declined to hold a panel or full court rehearing of its May decision to uphold the Boy Scouts of America's Chapter 11 bankruptcy plan in a pair of Friday orders rejecting petitions by two set... (more story)
Failed life insurance-backed bond seller GWG Holdings Inc. won a Texas bankruptcy judge's approval Friday of four settlements totaling $91.3 million with parties including Mayer Brown LLP and the company's for... (more story)
A former bankruptcy judge and Jackson Walker LLP have been hit with another lawsuit over the judge's secret romance with a former firm partner, this time a proposed class action from a group of bondholders of ... (more story)
Residential solar panel group Sunnova Energy received a Texas bankruptcy judge's interim approval Thursday for a debtor-in-possession loan and an asset sale, freeing up another $31 million to fund its Chapter 11 case.
A Delaware bankruptcy judge Thursday agreed to give interim permission for automotive parts manufacturer Marelli Corp. to draw on $519 million of its $2 billion debtor-in-possession financing, giving it runway... (more story)
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Mid Cap More
With a winning bid of $305 million, a nonprofit controlled by 23andMe founder Anne Wojcicki beat out Regeneron Pharmaceuticals to purchase the bankrupt company's assets, 23andMe announced Friday.
Counsel for a Manhattan private school told a New York bankruptcy it is planning to convert its case into a Chapter 7 liquidation after it was unable to reach a deal with its secured lender on Chapter 11 financing.
Engineering firm ENGlobal Corp. on Friday confirmed a Chapter 11 plan to wind down following the sale of its business just over three months after it filed for bankruptcy in Texas.
A Delaware bankruptcy judge on Friday approved digital content delivery company Edgio Inc.'s Chapter 11 reorganization plan following a consensual agreement between the debtor, the unsecured creditors committe... (more story)
Bankrupt mining operation Heritage Coal completed a Chapter 11 auction for its assets late Thursday, with a $21.6 million joint bid emerging as the highest and best offer, according to court filings.
A former Chili's employee's wage and hour lawsuit against the chain's parent company should stay in play, the worker told a California federal court, saying his failure to list the case in his individual bankr... (more story)
A Florida doctor and emergency room companies serving departments in Texas, Florida and Oklahoma have sued multiple entities in Delaware's Court of Chancery allegedly involved in an elaborate private equity-ti... (more story)
The privacy expert probing 23andMe's proposed sale of customers' genetic data in bankruptcy told a Missouri federal judge Wednesday that he couldn't determine the deal wouldn't violate state privacy laws and r... (more story)
An unsecured-creditor committee has asked a Connecticut federal bankruptcy judge to sanction a successor to an entity that lent $57 million to the bankrupt real estate and building companies behind a luxury Ne... (more story)
The Third Circuit said Thursday that it will reconsider whether to reopen Congoleum Corp.'s 2003 Chapter 11 bankruptcy so the bankruptcy court, not a district court, can say whether Congoleum affiliate Bath Ir... (more story)