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The corporate parent of Florida's high-speed rail system Brightline filed for Chapter 11 to rework its debt. A real estate data and artificial intelligence firm sought bankruptcy protections to stave off a foreclosure. A longtime Sonoma Valley vineyard filed for Chapter 11, and more.
Florida's Brightline rail service has hired attorneys from Skadden Arps Slate Meagher & Flom LLP and Cole Schotz PC to oversee the Chapter 11 case it launched to restructure more than $1 billion in bond debt.
Bankruptcy judges continued to grapple with the U.S. Supreme Court's decision barring nonconsensual third-party releases, as well as forum shopping both domestically and abroad, during a recent American Bankruptcy Institute event.
A New York federal judge has cut down the majority of claims that defunct cryptocurrency platform Celsius Network LLC's litigation agent brought against blockchain analysis company Chainalysis Inc., leaving on... (more story)
A New York bankruptcy judge signed off Wednesday on a deal between Spirit Airlines and a unit of Lufthansa Group, ending disputes over aircraft parts, a Spirit-owned engine and a tariff payment made by the debtor.
Pool supplier Leslie's Inc. has filed for Chapter 11 protection in Texas bankruptcy court, saying it has the agreement of the majority of its lenders on a $685 million debt-for-equity restructuring plan.
The U.S. Department of Justice told the D.C. Circuit the Kennedy Center's donors will flee if his name isn't put back on the building, arguing in its opening brief to the appeals court that the institution fac... (more story)
Entities that own high-speed rail network Brightline Florida received a New Jersey bankruptcy judge's permission Tuesday to obtain interim access to $190 million of Chapter 11 financing in an unconventional lo... (more story)
Pay-TV provider Dish DBS Corp. secured a Texas bankruptcy judge's approval Tuesday to eliminate $4.75 billion of its debt under the company's Chapter 11 plan, letting the EchoStar unit complete a deal ending l... (more story)
Bankrupt specialty medical company Global Wound Care Medical Group objected to a bid by a creditor of one of its creditors to intervene in its Chapter 11 case.
A Texas bankruptcy judge has granted U.S. recognition of Ambipar Group's more than $1 billion Brazilian restructuring proceeding, suspending a related Chapter 11 case and overruling objections from creditors.
The Insolvency Service said Thursday it has launched an expanded taskforce to tackle abusive phoenixism as part of a wider strategy aiming to improve action against misconduct.
The U.S. Senate passed a House-approved bill that would bring back and make permanent higher debt limits for small businesses and individuals accessing streamlined restructuring processes.
A New York bankruptcy judge has allowed an $18.9 million claim against Tribeca Mews over construction problems at a troubled Manhattan condominium project, raising questions about the developer's ability to re... (more story)
A Florida federal bankruptcy judge on Wednesday approved a settlement between a lawyer and Cigna in a Chapter 7 lawsuit, resolving a $21 million claim the health insurer once disputed as nondischargeable for o... (more story)
Telecommunications company SiFi Networks America LLC on Wednesday received confirmation from a Delaware bankruptcy judge of its Chapter 11 liquidation plan, which the creditors committee backed and didn't rece... (more story)
The owner of defunct boat and water sports dealer Tommy's Boats sued the company's former attorneys from Miller Johnson Snell & Cummiskey in Michigan state court, accusing them of failing to ensure its supplie... (more story)
Cryptocurrency miner Poolin Technology told a New Jersey bankruptcy judge Tuesday it would hold a new auction for its assets after the stalking horse bidder and other losing bidders objected to how the previou... (more story)
A Texas bankruptcy judge Tuesday approved drive-thru chain Salad and Go's request to sell 73 of its leases to coffee chain 7 Brew for $143 million, clearing the way for a resolution to the case that could see ... (more story)
A company valuation expert testified Monday in the trial over Parler's 2021 ouster of its CEO that the company had little value at the time and that insider estimates in the hundreds of millions of dollars were "speculation."
Camp Mystic is asking a Texas bankruptcy judge to reject a request by unsecured creditors to retain professionals but only pay them if the creditors choose to fight the bankrupt summer camp's proposed Chapter ... (more story)
Food kit service FreshRealm Inc. received approval from a New Jersey bankruptcy judge Monday for its Chapter 11 plan over the objections of the U.S. Trustee's Office concerning third-party releases and injunction provisions.
The administrator for construction startup Katerra Inc.'s Chapter 11 plan has told a Texas bankruptcy court he reached a $560,000 settlement with Jackson Walker LLP over the fees the firm was awarded in the ca... (more story)
William Wright
The New York City Bar Association’s recent ethics opinion, cautioning attorneys not to record nonclient conversati... (more story)
Keyonn Pope
As a child, I viewed bid whist as a family tradition and a source of friendly card game competition, but as a lawy... (more story)
Joshua Wurtzel
California’s first-in-the-nation act regulating how attorneys and arbitrators use generative artificial intelligen... (more story)