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Under The Radar: Bankruptcy News You May Have Missed
Cryptocurrency miner Rhodium asked a bankruptcy judge to impose sanctions on a company that is asserting patent infringement claims in its Chapter 11 case. An implant manufacturer asked for a court's go-ahead to incentivize certain staff to stay with a $220,000 bonus. And an Austrian biotechnology company's representative wants subpoena power in its Chapter 15.
Weil's New Appellate Co-Head On His Meteoric Rise
In a little more than five years, Robert Niles-Weed rose from beginning as an associate at Weil Gotshal & Manges LLP to being named co-head of its appeals and strategic counseling practice.
Bowled Over: How Inflation Put Pinstripes In Ch. 11
Pinstripes Holdings Inc., a restaurant chain offering bocce ball and bowling alongside fettuccine bolognese, was buffeted by inflation and drooping business as it poured cash into growing its fortunes before hitting Chapter 11.
Under The Radar: Bankruptcy News You May Have Missed
Cryptocurrency miner Rhodium asked a bankruptcy judge to impose sanctions on a company that is asserting patent infringement claims in its Chapter 11 case. An implant manufacturer asked for a court's go-ahead to incentivize certain staff to stay with a $220,000 bonus. And an Austrian biotechnology company's representative wants subpoena power in its Chapter 15.
Weil's New Appellate Co-Head On His Meteoric Rise
In a little more than five years, Robert Niles-Weed rose from beginning as an associate at Weil Gotshal & Manges LLP to being named co-head of its appeals and strategic counseling practice.
Bowled Over: How Inflation Put Pinstripes In Ch. 11
Pinstripes Holdings Inc., a restaurant chain offering bocce ball and bowling alongside fettuccine bolognese, was buffeted by inflation and drooping business as it poured cash into growing its fortunes before hitting Chapter 11.
Expert Analysis
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A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a co... (more story)
Large Cap More
An alternative investment firm pressed the U.S. Supreme Court to not review a Fifth Circuit decision narrowing releases and so-called "gatekeeper" provisions in bankrupt Texas investment group Highland Capital... (more story)
Purdue will ask a bankruptcy court to approve a retention incentive package for its CEO. Tilson Technology is scheduled for a hearing on its request for permission to complete a proposed asset sale. And the ju... (more story)
This past week in London has seen former Master Chef presenter Gregg Wallace sue the BBC, Elon Musk's xAI take legal action against a staff engineer, and fashion mogul Kevin-Gerald Stanford file a fresh claim ... (more story)
A trio of claims and noticing agents is working with chief clerks from two of the nation's most influential bankruptcy courts to standardize the way they will respond if there is a data breach that compromises... (more story)
A California federal judge pushed back Thursday on arguments by Tom Girardi's lawyer that he should be free on bond while he appeals his wire fraud conviction, saying that debating the case doesn't automatical... (more story)
Capital One has sued the Federal Deposit Insurance Corp. in Virginia federal court challenging a $149 million charge in a special assessment levied by the agency as part of an effort to recoup losses from the ... (more story)
Defunct talc supplier Whittaker Clark & Daniels properly filed for Chapter 11 protection in 2023 and its bankruptcy case should not be dismissed, the Third Circuit has ruled, siding against talc claimants who ... (more story)
A Texas bankruptcy judge on Thursday signaled he was prepared to approve solar power company Sunnova Energy International Inc.'s bid to take votes on a Chapter 11 plan after the debtor agreed to make changes t... (more story)
A Delaware bankruptcy judge on Thursday partially denied investment firm SkyBridge Capital's bid to arbitrate most of FTX's $167 million lawsuit against it, while staying bankruptcy-specific portions to let an... (more story)
The corporate entities formerly known as JCPenney on Thursday asked a Texas federal court to greenlight a $1.4 million settlement with Jackson Walker PC in a dispute concerning the romance of a partner with a ... (more story)
Mid Cap More
A Texas bankruptcy judge Friday ended a royalty dispute that had stalled the confirmation of Hooters of America's Chapter 11 plan, saying the restaurant chain does not owe royalties on company-owned locations ... (more story)
Construction equipment seller and rental company Worldwide Machinery Group Inc. filed for Chapter 11 protection in Texas late Thursday, saying it has at least $100 million of debt in its initial court filings.
Miracle Restaurant Group LLC, an Arby's franchisee, defended the extension of the automatic stay to nondebtors in its confirmed Chapter 11 plan, arguing that the U.S. Supreme Court's decision in the Purdue Pha... (more story)
Israeli printed circuit maker Nano Dimension has told a Massachusetts federal judge that Quinn Emanuel Urquhart & Sullivan LLP can't claim a $30 million attorney's lien to make an "end run" around the bankrupt... (more story)
A Delaware bankruptcy judge on Friday rejected US Magnesium's request to roll up some $3 million in existing debt after the state of Utah argued that doing so would improperly grant a lender liens on unencumbe... (more story)
A Colorado federal judge was skeptical Thursday to award a $1.5 million default judgment against the owner of a now-defunct metal fabrication and construction company who was accused by former employees in a c... (more story)
The U.S. Securities and Exchange Commission on Thursday ended its civil enforcement action in New York federal court against Nikola founder Trevor Milton months after he was pardoned by President Donald Trump ... (more story)
A Florida bankruptcy judge on Thursday signed off on a $1.75 million debtor-in-possession loan and approved a chief restructuring officer for the debtors of a $300 million real estate development to buy time f... (more story)
A Texas bankruptcy judge questioned counsel for Eventide Credit Acquisitions on why the requirements for appointing a Chapter 11 trustee to oversee the consumer lending company's bankruptcy hadn't been met.
A Delaware bankruptcy judge Thursday ordered the creditors who sent cryptocurrency miner Mawson Infrastructure Group into involuntary Chapter 11 will have to put up a $1.5 million bond and pay $204,000 in cont... (more story)