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Expert Analysis

Attacks On Judicial Independence Tend To Manifest In 3 Ways

Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural ch... (more story)

Law School's Missed Lessons: Appreciating Civil Procedure

If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contri... (more story)

How Attorneys Can Become Change Agents For Racial Equity

As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from the... (more story)

Large Cap More

Under The Radar: Bankruptcy News You May Have Missed

A Pennsylvania coal company and creditors for an orthopedic implant maker are looking to end their respective Chapter 11 cases, the trustee for Bernie Madoff's investment firm has struck a deal with a feeder f... (more story)

Auto Parts Co. Marelli Can Tap $519M In Ch. 11 Financing

A Delaware bankruptcy judge Thursday agreed to give interim permission for automotive parts manufacturer Marelli Corp. to draw on $519 million of its $2 billion debtor-in-possession financing, giving it runway... (more story)

Reed Smith Pushes For 2nd Circ. Stay In $102M Award Fight

Still seeking to represent prebankruptcy owners of international shipping company Eletson Holdings Inc., Reed Smith LLP has asked the Second Circuit to stay a bankruptcy proceeding and a district court action,... (more story)

Fifth Circuit Sanchez Ruling Nixes Double-Dip Ch. 11 Decision

A recent Fifth Circuit decision that stripped unsecured creditors of majority control over oil driller Sanchez Energy criticized a Texas court for letting the lower-ranked investors "have their cake and eat it... (more story)

Kirkland & Ellis Adds Former Ropes & Gray Deals Atty In NY

Kirkland & Ellis LLP said Wednesday it has welcomed a corporate partner from Ropes & Gray LLP to its New York office, touting her experience with major deals in sectors such as financial services, software, he... (more story)

McKinsey Says Purdue Ch. 11 Plan Endangers Sackler Claims

McKinsey & Co. has asked a New York bankruptcy judge to reject the disclosure statement for Purdue Pharma's Chapter 11 plan, saying there is ambiguity on how the plan will deal with the consulting firm's possi... (more story)

Del. Firm Landis Rath Adds Pachulski Stang Bankruptcy Ace

Delaware boutique firm Landis Rath & Cobb LLP has brought on a former Pachulski Stang Ziehl & Jones LLP attorney to enhance its ability to advise clients on Chapter 11 and other bankruptcy proceedings and related litigation.

Sunnova's $15M Asset Sale Approved To Ease Cash Crunch

Sunnova, a major residential solar panel designer, secured a Texas bankruptcy judge's permission Wednesday to sell some of its assets for $15 million to raise liquidity while it moves through Chapter 11.

23andMe Shows Need For National DNA Data Law, Sens. Hear

Senators from both sides of the aisle expressed interest in passing national consumer data privacy legislation during a Wednesday committee hearing inspired by 23andMe Inc.'s Chapter 11 bankruptcy.

Russia Must Face $5B Yukos Award Suit, DC Judge Rules

At D.C. federal judge on Wednesday denied Russia's bid to nix litigation filed by the financing arm of Yukos Oil Co. to enforce a nearly $5 billion arbitral award, saying the Kremlin's jurisdictional objections fell short.

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Philly Suburb Retirees Sue Ch. 9 Receiver Over Asset Sale

A committee of retired city employees sued the Chapter 9 receiver overseeing the city of Chester, Pennsylvania's municipal bankruptcy, arguing that by requiring water system assets be sold to a publicly owned ... (more story)

Pa. Panel Says Borough Didn't Break Law In Condemning Mall

A Pennsylvania appellate panel affirmed a decision backing the borough of West Mifflin's condemnation of a local mall, rejecting the property owner's argument that its due process rights were violated.

Bar Louie Strikes Deal With Creditors On Ch. 11 Disclosures

Gastropub chain Bar Louie has told the Delaware bankruptcy court it has reached an agreement with unsecured creditors that could resolve an investor group's challenge to the debtor's Chapter 11 disclosure stat... (more story)

IP, Health Law Scholars Object To 23andMe Ch. 11 Data Sale

A number of university scholars urged a Missouri bankruptcy judge to require that DNA testing company 23andMe Holding Co.'s asset sale be contingent on the final buyer maintaining policies that benefit biomedical researchers.

Developer Of Historic Detroit Hospital Campus Files Ch. 11

The developer of a historic hospital campus in Detroit has launched Chapter 11 proceedings in New York bankruptcy court, listing up to $10 million both in assets and liabilities and disclosing that it fell beh... (more story)

Pharma Real Estate Unit Moves Toward July Ch. 11 Plan Date

Bedmar LLC, the property lease-holding subsidiary of pharmaceutical manufacturing company National Resilience HoldCo Inc., will seek confirmation of its prepackaged Chapter 11 plan in late July, but a Delaware... (more story)

Lathrop GPM Names New Kansas City Leader

Following the announcement of a planned move next year to a new office in Kansas City, Missouri, Lathrop GPM LLP said Tuesday that a veteran bankruptcy attorney will be appointed the next partner-in-charge of ... (more story)

JC Penney Blasts Jackson Walker Bid To Escape Fee Dispute

J.C. Penney has called on a Texas bankruptcy court to knock down Jackson Walker LLP's bid to escape a fee suit prompted by a yearslong secret romance between a former firm partner and a onetime bankruptcy judg... (more story)

Biopharm Co. Seelos Gets OK For Credit Bid In July Auction

A New York bankruptcy judge on Wednesday gave biopharmaceutical company Seelos Therapeutics approval for a July asset auction with a $22 million baseline credit bid, over the objections of unsecured creditors ... (more story)

Fla. Fraud Suit Cited In Threat To $300M Project's Ch. 11 Plan

The debtors of a $300 million real estate development in Florida cited challenges in working through its Chapter 11 case on Tuesday, telling a federal bankruptcy judge that an insurance heiress's state court l... (more story)