To access this content, a subscription to Bankruptcy Authority is required.
Judge Nixes Puerto Rico Bond Claim, Tilson Sues Gigapower
A New York federal judge ruled that bondholders of Puerto Rico's public electric utility cannot pursue claims against the commonwealth's government. Tilson Technology sued joint venture Gigapower in Texas, claiming a breached contract on major infrastructure work led to its bankruptcy. FTX agreed to drop six Delaware lawsuits seeking to recover $28.75 million in political donations, most of which went to Republican-aligned groups.
Meet The Attys Guiding IG Design Through Ch. 11, Asset Sale
Gift wrap manufacturing giant IG Design Group Americas Inc. has called upon a team of attorneys from Latham & Watkins LLP to help the debtor find a buyer for its assets and wind down in Chapter 11.
What's Happening In Bankruptcy Court This Coming Week
During the last week of July, bankruptcy judges will guide hearings that concern issues including confirmation of medical technology company Accelerate Diagnostics' Chapter 11 plan, converting hotel operator MOM CA's bankruptcy case to Chapter 7 and battery recycler Li-Cycle's request for approval of dismissal procedures.
Judge Nixes Puerto Rico Bond Claim, Tilson Sues Gigapower
A New York federal judge ruled that bondholders of Puerto Rico's public electric utility cannot pursue claims against the commonwealth's government. Tilson Technology sued joint venture Gigapower in Texas, claiming a breached contract on major infrastructure work led to its bankruptcy. FTX agreed to drop six Delaware lawsuits seeking to recover $28.75 million in political donations, most of which went to Republican-aligned groups.
Meet The Attys Guiding IG Design Through Ch. 11, Asset Sale
Gift wrap manufacturing giant IG Design Group Americas Inc. has called upon a team of attorneys from Latham & Watkins LLP to help the debtor find a buyer for its assets and wind down in Chapter 11.
What's Happening In Bankruptcy Court This Coming Week
During the last week of July, bankruptcy judges will guide hearings that concern issues including confirmation of medical technology company Accelerate Diagnostics' Chapter 11 plan, converting hotel operator MOM CA's bankruptcy case to Chapter 7 and battery recycler Li-Cycle's request for approval of dismissal procedures.
Expert Analysis
Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a c... (more story)
In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want,... (more story)
Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies,... (more story)
Large Cap More
Sean F. Cox, the retired chief judge of the U.S. District Court for the Eastern District of Michigan who was part of the mediation team in Detroit's municipal bankruptcy, has joined alternative dispute resolut... (more story)
A Michigan federal judge on Monday ordered plaintiffs' attorneys in two cases against a robotics company to pay for the time opposing counsel took in filing an additional briefing because of false case quotations.
A New Jersey federal judge overseeing long-running multidistrict federal litigation against Johnson & Johnson over its talcum powder products has appointed Christopher A. Seeger of Seeger Weiss LLP to lead a n... (more story)
David J. Cohen of Weil Gotshal & Manges LLP has represented Steward Health Care in its sprawling Chapter 11 bankruptcy involving 31 hospitals across eight states, and he was selected to lead the firm's growing... (more story)
A valve manufacturer hit bankruptcy in Delaware under pressure from mounting asbestos injury claims, a 3D printer designer entered Chapter 11 in Texas after it underwent an acquisition imposed by court order f... (more story)
A New York bankruptcy judge said Tuesday he was prepared to approve the Roman Catholic Diocese of Rochester's $246.4 million settlement of abuse claims in Chapter 11 after survivors voted unanimously to accept the deal.
The company that runs dormitory facilities at campuses in Georgia's public university system Monday told a Delaware bankruptcy judge to reject a motion to move its Chapter 11 case to Georgia, saying there's no... (more story)
The married couple who founded bankrupt educational tech business Byju's Alpha asked a Delaware judge to dismiss an adversary complaint filed by the company, saying the bankruptcy court doesn't have personal j... (more story)
Jackson Walker LLP has reached a $485,000 settlement with two former bankruptcy clients to resolve a dispute related to the concealed romance of a former partner and former Texas bankruptcy judge David R. Jone... (more story)
Goodwin and Perkins Coie are among various law firms that landed work on the largest New York City real estate deals that hit public records last week, a period that saw a trio of nine-figure deals become public.
Mid Cap More
Bedmar LLC, the property-lease holding subsidiary of pharmaceutical company National Resilience HoldCo Inc. defended its Chapter 11 filing in Delaware bankruptcy court Tuesday against a push from the U.S. Trus... (more story)
Maurice Wutscher LLP got an attorney's fraud suit against it thrown out under New Jersey's anti-SLAPP law on Tuesday, allowing the firm to escape complex litigation across multiple venues stemming from the bre... (more story)
Bankrupt medical tech company UpHealth is urging a Delaware bankruptcy judge to nix a $200 million adversary proceeding launched by Glocal Healthcare in a bitter feud over an ill-fated merger, accusing the Ind... (more story)
A Delaware bankruptcy judge on Monday gave her approval for CareerBuilder + Monster, an online job search platform, to sell its three lines of business for a combined $68.6 million and tap into the full amount... (more story)
MMRE Management-Patriot Place LLC — the minority owner of an apartment complex in Georgia — has sought Chapter 11 protection in a New York bankruptcy court, saying it purchased the property at an inflated pric... (more story)
Desktop Metal, a 3D printer designer, filed for Chapter 11 bankruptcy in Texas Monday four months after a Delaware lawsuit forced manufacturing technology group Nano Dimension to complete its $183 million acqu... (more story)
The Office of the U.S. Trustee has appointed five members to the official committee of unsecured creditors in the Chapter 11 case of Maverick Gaming LLC, a company that runs casinos and other gambling venues.
Benjamin Beller of Sullivan & Cromwell LLP helped defunct cryptocurrency exchange FTX through its Chapter 11 case and its disputes with other crypto debtors that culminated in a $14 billion-plus reorganization... (more story)
A Delaware vice chancellor last week sent several coordinated derivative suits seeking millions of dollars in damages from AT&T to trial and also chose a boutique firm to lead a potential "blockbuster" suit ch... (more story)
Valves and Controls US Inc. filed for Chapter 11 protection in Delaware Friday with between $100 million and $500 million in estimated liabilities, saying it is facing more than 2,000 asbestos claims it is pla... (more story)