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Expert Analysis

Immunity Waiver Ruling A Setback For Ch. 7 Trustees

While governmental units should welcome the U.S. Supreme Court's recent decision in U.S. v. Miller restricting the... (more story)

Adapting To Private Practice: From NY Fed To BigLaw

While the move to private practice brings a learning curve, it also brings chances to learn new skills and grow yo... (more story)

Top 3 Litigation Finance Deal-Killers, And How To Avoid Them

Like all transactions, litigation finance deals can sometimes collapse, but understanding the most common reasons ... (more story)

Large Cap More

Exela Can Seek Votes On $1.25B Debt Restructuring Plan

A Texas bankruptcy judge said Thursday the insolvent units of business automation group Exela Technologies Inc. can solicit votes on their Chapter 11 plan, which would restructure their $1.25 billion debt.

Wife Of Former FTX Exec Says Charges Built On Deception

Attorney and cryptocurrency lobbyist Michelle Bond, the wife of jailed former FTX executive Ryan Salame, told a Manhattan federal judge that her campaign finance case should be tossed because prosecutors broke... (more story)

Asbestos Spinoff Ch. 11 Could Upend US Law, 4th Circ. Told

Georgia-Pacific's asbestos unit Bestwall and injury claimants on Thursday accused each other of trying to fundamentally rewrite U.S. law as they argued before the Fourth Circuit on the claimant committee's att... (more story)

Meet The Attorneys Aiding Rite Aid In Its Second Ch. 11

Drugstore chain Rite Aid Corp. has enlisted attorneys from Cole Schotz PC and Paul Weiss Rifkind Wharton & Garrison LLP to assist the debtor as it navigates the Chapter 11 process again, less than a year after... (more story)

Girardi Hospitalized Ahead Of Mental Evaluation Hearing

Disbarred attorney Tom Girardi was hospitalized Wednesday for a liver problem and is unable to attend a scheduled hearing Thursday before a California federal judge who is evaluating his mental health to deter... (more story)

Celebs And YouTubers Nix Most FTX Investor Claims, For Now

A Florida federal judge Wednesday freed several high-profile celebrities and YouTubers from a majority of claims FTX investors lodged in a sprawling multidistrict litigation over the cryptocurrency exchange's ... (more story)

SF Diocese Creditors Want Parishes, Schools In Ch. 11

Creditors of the Archdiocese of San Francisco asked a California bankruptcy judge to include dozens of parishes, schools, cemeteries and other properties in the Chapter 11 cases of the archdiocese, saying it i... (more story)

Rite Aid Cleared For Quick Ch. 11 Sale Plans

A New Jersey bankruptcy judge on Wednesday approved retail pharmacy chain Rite Aid's plans to host a Chapter 11 auction next week for prescription files, drug inventory and other pharmacy assets during its second bankruptcy.

Tupperware's Post-Sale Ch. 11 Plan Approved

The Chapter 11 plan of liquidation of food storage container company Tupperware Brands Corp. received court approval Wednesday in Delaware without any opposition, marking a complete turnaround from the turmoil... (more story)

Chubb Can't Get Archdiocese's Abuse Coverage Suit Trimmed

A New York state court refused Wednesday to toss the Archdiocese of New York's claims for bad faith and violations of the state's deceptive trade practices law in a suit seeking coverage from Chubb units for t... (more story)

Mid Cap More

Biotech Co. Accelerate Diagnostics Hits Ch. 11 With Sale Plan

Medical technology company Accelerate Diagnostics Inc. filed for Chapter 11 protection in Delaware bankruptcy court Thursday with $90.2 million of debt and a plan to sell the business to lender Indaba Capital ... (more story)

Exactech Creditors Can't Redistribute Solicitation Packages

A Delaware bankruptcy judge on Wednesday denied a bid from Exactech's official committee of unsecured creditors to redistribute solicitation packages sent to tort claimants, saying there was no legal basis to ... (more story)

Pa. Nursing Homes Say They Can't Afford $2.7M Fraud Penalty

A pair of Pennsylvania nursing homes convicted of defrauding state and federal healthcare programs by falsifying staff records and exaggerating patient needs said they won't be able to pay the $2.7 million pen... (more story)

CarePoint Gets $20M More Interim DIP Financing In Ch. 11

A Delaware bankruptcy judge Wednesday approved a bid from hospital owner CarePoint Health Systems Inc. to receive $20.5 million in funding through a sixth extension of its interim debtor-in-possession financing.

Dolphin Encounter Co. Gets 2-Member Ch. 11 Committee

The Office of the U.S. Trustee has appointed two members to the official committee of unsecured creditors in the Chapter 11 case of dolphin encounter company Leisure Investments Holdings LLC. 

Canadian Asbestos Miner Seeks Ch. 15 To Wrangle Lawsuits

A Quebec mining company asked a New York bankruptcy judge to recognize Canadian insolvency proceedings where it hopes to resolve thousands of asbestos personal injury lawsuits across multiple jurisdictions.

NC Staffing Biz Hits Ch. 11 After Scuttled Merger And Delisting

Five affiliates of a North Carolina staffing company have filed for Chapter 11 bankruptcy protection, listing debts of up to $100 million after a planned merger fell through and its stock was delisted.

23andMe Gets WashU Law Prof For Privacy Ombudsman

The Office of the U.S. Trustee said Tuesday it had appointed Washington University School of Law Professor Neil M. Richards as consumer privacy ombudsman in 23andMe's Chapter 11 case to vet a sale process for ... (more story)

State Officials Say CFPB Is Holding Up $4.2M Redress Checks

Officials from a dozen states have accused the Consumer Financial Protection Bureau of ghosting them on a $4.2 million redress plan for former students of a shuttered sales-training firm, saying the agency has... (more story)

Edgio's Ch. 11 Plan Disclosures Approved In Del.

The Chapter 11 plan disclosure statement of digital content delivery company Edgio Inc. received bankruptcy court approval Tuesday in Delaware after counsel for the debtor said the documents were being present... (more story)