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A team of Troutman Pepper Locke LLP and Partridge Snow & Hahn LLP attorneys is leading a Rhode Island jail operator with a contract to hold federal immigration detainees through Chapter 11.
Home shopping network QVC secured approval for its Chapter 11 plan, Weil Gotshal & Manges LLP announced its choice for the new role of global restructuring chair, and watch designer and manufacturer E. Gluck obtained the go-ahead for its Chapter 11 liquidation plan.
A health insurance brokerage will vie for confirmation of its Chapter 11 plan. A medical spa management firm will seek to convert its case to a liquidation. And a Texas bankruptcy judge will consider TGI Fridays' $220,000 settlement with claimants alleging they were fired improperly.
Creditors on Monday called for First Brands to produce more information about litigation claims at the heart of its proposed Chapter 11 plan before a multiday confirmation hearing next week in Texas bankruptcy court.
A Delaware bankruptcy judge on Monday rejected a request by the state of California to transfer its tax audit dispute with solar panel company SunPower to a state administrative forum, keeping the matter in th... (more story)
A corporate founder seeking more than $100 million in a malpractice case against Simpson Thacher & Bartlett LLP endured a withering cross-examination in Florida state court Monday over his companies' money flo... (more story)
A Delaware bankruptcy judge Monday confirmed health insurance brokerage GoHealth's Chapter 11 plan, allowing the debtor to refinance $762 million in debt and transfer equity to its lenders, six weeks after the... (more story)
German research institute Fraunhofer-Gesellschaft has urged the Federal Circuit to revive its patent suit against SiriusXM, saying a lower court made various errors when deciding that the satellite radio giant... (more story)
A New York bankruptcy judge Monday approved the nearly $702 million sale of mattress company Sleep Number to a Canadian bedding retailer, following an agreement to postpone potential future severance payments ... (more story)
Jackson Walker LLP and the U.S. Trustee's Office, grappling with the aftermath of a romantic relationship between one of the firm's former partners and a then-bankruptcy judge, will not be able to delay pretri... (more story)
North Carolina-based energy efficiency aggregator American Efficient LLC has filed for bankruptcy, listing between $1 billion and $10 billion of estimated liabilities on its petition, three months after being ... (more story)
The Federal Deposit Insurance Corp. argued during closing arguments in a trial in California federal court that Silicon Valley Bank's 2023 failure was due to excessive financial risk and mismanagement, while S... (more story)
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney reactions to the structural issues at the old Pfizer building in New York, a Big Law partner's view... (more story)
New York luxury property broker Ilan Bracha is under contract to buy a Manhattan mixed-use building in a bankruptcy for at least $8.6 million, after the death of a property owner in 2024 triggered a foreclosur... (more story)
Alea Holdings US Co., a unit of Bermuda-based insurance group Catalina Holdings, has filed for Chapter 11 protection in a Texas bankruptcy court with roughly $280 million in funded debt, saying it plans to use... (more story)
A Federal Court judge has set aside statutory demands issued by investment firm RH Capital seeking repayment of $23 million owed by two 3D printing companies in receivership, calling the decision to serve the ... (more story)
Summer camp holding company SIMAD has asked a New Jersey bankruptcy judge to sign off on new stalking horse offers totaling over $30 million to set the floor for a Chapter 11 auction of two of its New York summer camps.
The U.S. Trustee's Office has urged a Texas bankruptcy judge to reject MMA Law Firm's Chapter 11 liquidation plan, arguing that it improperly seeks to extend bankruptcy protections to nondebtor individuals, in... (more story)
The Third Circuit ruled Friday that the bankrupt city of Chester, Pennsylvania, gets to keep income from a casino, a trash incinerator and other sources that secured its debt, finding that its creditors' liens... (more story)
The Seventh Circuit has admonished but declined to sanction an attorney for a brief that included what a judge called "an astonishing number of erroneous and even hallucinated citations."
A Texas bankruptcy judge on Friday conditionally approved Dallas hospital White Rock Medical Center LLC's disclosure statement for its Chapter 11 plan, after a consensus was reached among key creditor constitu... (more story)
A Delaware bankruptcy judge has granted the wind-down entity for golf course design group Nicklaus Cos. permission to seek creditors' votes on its Chapter 11 restructuring plan.
A group backed by Warner Bros. Discovery CEO David Zaslav is making a $68 million stalking horse bid for Mohawk Day Camp, one of a collection of camps run by SIMAD Holdings that are up for sale in its Chapter 11 proceeding.
Rodrigo Carvalho
As Venezuela enters the first genuinely actionable phase of what may become one of the largest sovereign debt rest... (more story)
Evelyn Meltzer
Delaware's new Assignment for the Benefit of Creditors statute represents a structural shift in how companies back... (more story)
Mark Dombroff
The skills I've developed as a lifelong magician have translated directly into tangible benefits in the courtroom ... (more story)