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Invitae, Class Plaintiff Trade Blows Over Genetic Data In Ch. 11

Genetic testing company Invitae Corp. and the Illinois parent of one of its customers are facing off in the company's bankruptcy case, dueling over the future of the parent's lawsuit claiming the company unlaw... (more story)

US Trustee Wants Examiner In Hughes Satellite's Ch. 11

The U.S. Trustee's Office on Monday urged a Texas bankruptcy judge to appoint an examiner in the Chapter 11 case of Hughes Satellite Systems Corp., saying the debtor needs an independent official to look into ... (more story)

Google Wins Spirit Data Bid, Cumulus Gets OK On Transfers

Google won an auction for Spirit Airlines' business data but is facing objections from employees, federal regulators cleared Cumulus Media to transfer its radio stations to lenders, and Georgia-Pacific's asbes... (more story)

BREAKING: First Brands Judge Rejects Ch. 11 Plan, Turns Case To Ch. 7

A Texas bankruptcy judge on Monday rejected First Brands Group's Chapter 11 plan and converted its case to a Chapter 7 liquidation, ruling that the company's bid to pay administrative creditors from the procee... (more story)

Catching Up With Delaware's Chancery Court

The Delaware Chancery Court last week saw a wave of lawsuits involving corporate oversight, take-private deals, financing transactions, bankruptcy fallout, stockholder voting rights and disputes over control.

Ambipar Asks To Switch Restructuring Focus To Brazil

Brazilian conglomerate Ambipar Group on Friday asked a Texas bankruptcy judge to suspend the Chapter 11 bankruptcy of its Texas oilfield emergency response business and instead switch the focus of the case to ... (more story)

Texas Panel Cuts $45M Sandy Hook Ruling Against Alex Jones

A Texas state appellate court Friday slashed a $45 million damages award against right-wing conspiracy theorist Alex Jones in a defamation trial brought by parents of a Sandy Hook shooting victim, saying the f... (more story)

Porzio Bromberg Keeps Up Momentum In Puerto Rico Growth

New Jersey-based Porzio Bromberg & Newman PC has continued its expansion in Puerto Rico with the hire of a bankruptcy and financial restructuring attorney based in San Juan.

FCC License Transfer OK Opens Ch. 11 Exit Door For Cumulus

The Federal Communications Commission has paved the way for broadcasting company Cumulus Media to exit Chapter 11, granting its application to transfer control of the radio giant's licenses to its new shareholders.

UK Litigation Roundup: Here's What You Missed In London

The past week in London has seen former Liberal Democrat MP Mark Oaten sue a fur auction house, private equity and pensions magnate Edmund Truell hit by a commercial fraud claim and Charles Russell Speechlys f... (more story)

Mid Cap More

Ch. 11 Loan Could Trigger Insider Default, US Trustee Says

The U.S. Trustee's Office has asked an Oklahoma bankruptcy court to deny private credit firm YSA Investment's request to borrow $2 million in postpetition financing, contending the debtor has not filed require... (more story)

Galindo Law Files For Ch. 11 After Camp Lejeune Fee Fight

A Houston-based personal injury law firm sought bankruptcy relief on Monday with more than $50 million in liabilities after a mass tort litigation marketing company sued for over $9 million in fees related to ... (more story)

Texas Senior Community Says Ch. 11 Plan Is Best It Can Offer

Houston-based senior living community The Buckingham urged a Texas bankruptcy judge on Friday to confirm its Chapter 11 liquidation plan and overrule an objection by unsecured creditors, saying the deal offers... (more story)

Prime Core Customer Can't Duck $70M Clawback Suit

Cryptocurrency platform Plutus must face a $70 million clawback lawsuit from the litigation trust for Prime Core, the Delaware bankruptcy court has ruled, finding the trust's complaint contained pleadings with... (more story)

Simry Ch. 11 Dismissal Bid Put Off Pending More Briefing

A New York bankruptcy judge deferred a decision on dismissing the Chapter 11 case from Simry Realty Corp. Thursday, instead asking for more evidence and supplemental briefing before making such a decision.

Asbestos Spinoff Bestwall Avoids Ch. 11 Trustee Takeover

A bankruptcy judge in North Carolina won't appoint an independent trustee to take over the Chapter 11 case of Georgia-Pacific spinoff Bestwall, dealing a blow to a group of mesothelioma patients who argued a t... (more story)

Fashion Biz Founder Gets 5 Years For Large-Scale Fraud

A federal judge in New York sentenced the founder of bankrupt apparel company CaaStle to five years in prison on Thursday after she admitted to deceiving investors about the prospects of her supposed $1.4 bill... (more story)

American Efficient Asks Court To Sanction Grid Operator

North Carolina-based energy efficiency aggregator American Efficient asked the bankruptcy judge overseeing its Chapter 11 case in the state to sanction grid operator PJM Interconnection LLC for withholding rou... (more story)

Sangamo Ch. 11 Auction Nets $238M In Offers

A Delaware bankruptcy judge Thursday agreed to approve a trio of sales that will bring in $52 million in cash for Sangamo Therapeutics, after attorneys representing the life sciences group told the court a com... (more story)

Camp Mystic Fights Families' Bids To Remand Flooding Suits

Camp Mystic is urging a Texas federal court to reject bids to return wrongful death lawsuits over flooding fatalities there last summer to state court, saying federal law is clear that personal injury and wron... (more story)

Expert Analysis

NY Ch. 7 Ruling Continues Cash Advance Recharacterization

A New York bankruptcy court recently ruled in the Kossoff Chapter 7 proceedings that a merchant cash advance agree... (more story)

Addressing Merchant Cash Advances In Subchapter V

As regulatory enforcement continues and more small businesses turn to Subchapter V bankruptcy to manage merchant c... (more story)

Being In A Band Made Me A Better Lawyer

Playing shows in storied New York City venues and rehearsing with my bandmates in poorly ventilated rooms helped d... (more story)