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Expert Analysis

Ohio Banking Brief: All The Notable Legal Updates In Q2

Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a c... (more story)

Law School's Missed Lessons: Skillful Persuasion

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)

Special Committees Gain Traction In Chapter 11 Investigations

Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies,... (more story)

Large Cap More

Dentons Stalling Discovery In Terraform Ch. 11, Court Told

The bankruptcy plan administrator for failed cryptocurrency platform Terraform Labs has accused Dentons US LLP of blocking his discovery requests in an attempt to secure final approval of some $25 million in f... (more story)

Feds Urge Court To Reject Ligado Ch. 11 Plan Over Releases

The U.S. Trustee's Office and the U.S. government have asked a Delaware bankruptcy judge to deny satellite communications company Ligado Networks' proposed Chapter 11 reorganization plan, arguing that it impro... (more story)

Fiber Co. Everstream Gets $385M Bid In Robust Ch. 11 Auction

Everstream Solutions LLC, a business fiber network provider, has asked a Texas bankruptcy judge to approve the sale of its assets to Bluebird MidWest LLC, which submitted the winning $384.6 million bid in an a... (more story)

Altice France Wins Ch. 15 Recognition In $22B Case

A New York bankruptcy judge on Friday granted Chapter 15 recognition to telecommunications company Altice France SA, allowing it to enforce a roughly $22 billion French restructuring proceeding in the U.S.

Judge Won't Block Exela Ch. 11 Plan For Claims Dilution Suit

A Texas bankruptcy judge Thursday declined to stop automation technology group Exela from exiting Chapter 11 next week, but said he would condition the over $1 billion debt-for-equity swap plan's effectiveness... (more story)

FTX Ends 6 Suits Over Political Donations In Ch. 11

Fallen cryptocurrency exchange FTX has agreed to dismiss adversary proceedings in Delaware bankruptcy court against six political organizations, lawsuits that were aimed at recovering roughly $28.75 million in... (more story)

Richards Layton Names Bankruptcy, Litigation Leaders

Delaware firm Richards Layton & Finger PA has named two partners who have each spent more than 20 years at the firm to serve as leaders of its bankruptcy and corporate restructuring and litigation departments.

PREPA Bondholders Say Utility Swiped $2.9 Billion

The electric utility for Puerto Rico on Wednesday defended itself in New York bankruptcy court from allegations that it had improperly spent its revenues, which the bondholders claim as collateral for $8.5 bil... (more story)

Imerys Insurers Say New Ch. 11 Plan Doesn't Fix Earlier Flaws

A group of insurance companies said the updated reorganization plans of Imerys Talc America and Cyprus Mines Corp. have not sufficiently addressed how foreign creditors are treated, an issue that halted an Apr... (more story)

Yale Wins Bid To Keep $435M Hospital Sale Suit In State Court

A Connecticut federal judge has sided with Yale New Haven Health Services Corp., the state's largest hospital system, in sending a contract suit with a bankrupt hospital seller back to state court, finding tha... (more story)

Mid Cap More

Calif. Landlord Files Ch. 11 With Over $50M In Debt

A company that owns an apartment building in California's Central Coast region has launched a Chapter 11 case with between $50 million and $100 million each in assets and liabilities. 

Debt Burdens, Revenue Drop Led Pet Care App Wag! To Ch. 11

Persistent unprofitability, revenue declines related to the COVID-19 pandemic, mounting debt and failed restructuring efforts led the company behind pet care app Wag! to file for bankruptcy. 

Fiber Co. Tilson Cleared To Hold September Ch. 11 Auction

A Delaware bankruptcy judge has approved broadband infrastructure developer Tilson Technology Management Inc.'s plans to hold a Chapter 11 auction for its assets in September as it looks for a stalking-horse bidder.

Fiber Co. Tilson Sues Gigapower For Breach Of Contract

Fiber network developer Tilson Technology Management Inc. has filed a lawsuit in Texas against joint venture Gigapower LLC, alleging wrongful breach of contract tied to large-scale infrastructure projects that... (more story)

IRS Can Levy Religious Group's Property, Split 9th Circ. Says

The IRS can impose a lien on an Arizona residential property held by a religious organization to collect unpaid taxes owed by a bankrupt couple who had decision-making authority over the entity's finances and ... (more story)

Forex Firm Argentex Placed Into Administration

United Kingdom-based currency risk manager Argentex said it has appointed administrators after suffering a "rapid" loss of liquidity amid volatility tied to the U.S. trade war.

Hedge Fund Founder Fights To Keep His Own Ch. 11 In Florida

The founder of insolvent hedge fund Weiss Multi-Strategy Advisers has asked a New York bankruptcy judge to not transfer his personal bankruptcy case out of Florida, arguing that is where his primary residence ... (more story)

Lender Seeks End To NY Developer's 2nd Ch. 11 Try

A prospective developer of a Westchester County, New York, property has filed for Chapter 11 protection in a New York bankruptcy court with more than $10 million in debt and a mortgage provider seeking to dism... (more story)

Dolphin Co. Unit Nears Court Approval Of Bid Procedures

A Delaware bankruptcy judge said Wednesday she will approve the bidding procedures that an insolvent subsidiary of The Dolphin Co. proposed for a sale of all its assets, once the debtor makes certain revisions... (more story)

Charter School Funder's Creditor Blasts Ch. 11 Depo Bid

Charter School Capital Inc.'s largest unsecured creditor has asked a Delaware bankruptcy judge to throw out the debtor's bid to depose its principal, arguing the request is "obvious retaliation against" the in... (more story)