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There were tears of joy and sorrow. Cigarette breaks. Some screaming. But after five intense days of nearly round-the-clock work, a bankruptcy auction of 23 summer camps raised $377 million and will see many of the properties go to the people who have long run them.
As bankruptcies overall rose, streamlined small business bankruptcies were up almost a quarter in July from filings in the same month last year — but down compared to June of this year, according to new data.
A group of attorneys from Akin Gump Strauss Hauer & Feld LLP is representing the official committee of unsecured creditors of video distribution entities owned by EchoStar Corp., including Dish Wireless LLC, as the company seeks to approve its prepackaged reorganization plan.
Entrust Energy reached a $99 million settlement with Shell Energy over a breach of contract dispute stemming from winter storm Uri in Texas. Del Monte Foods sued its metal can supplier, alleging defective cans... (more story)
Colleen M. Restel of Lowenstein Sandler LLP helped lead the charge of sex abuse claimants seeking redress in Catholic Church bankruptcies and represented creditors settling with TPI Composites Inc. in its Chap... (more story)
Cole Schotz PC has brought on an attorney in Delaware from Gellert Seitz Busenkell & Brown LLC who specializes in handling corporate, securities and bankruptcy-related disputes.
Trinseo PLC and feuding creditor groups on Wednesday launched opening salvos at a hearing on the plastics maker's bid to trim about $2 billion in debt under a Chapter 11 plan, kicking off a trial in Texas bank... (more story)
A New York bankruptcy judge Wednesday seemed inclined to hear key questions regarding a slate of clawbacks against former customers of defunct cryptocurrency platform Celsius, even as a subset of the customers... (more story)
Exiled Chinese businessman Miles Guo's daughter has asked the U.S. Supreme Court to review decisions transferring a yacht that sold for $23 million plus a $37 million escrow fund to her father's Connecticut Ch... (more story)
A Texas bankruptcy judge Wednesday gave CVS unit Omnicare clearance to solicit votes on its Chapter 11 plan, finding the objections raised by the U.S. Trustee's Office were more relevant to the confirmation stage.
A trustee who has accused BakerHostetler and an Atlanta-based attorney of legal malpractice has asked a Georgia federal court to allow him to accuse the former de facto general counsel and business adviser of ... (more story)
Thomas Kessler of Cleary Gottlieb Steen & Hamilton LLP guided airline Azul's Chapter 11 plan as counsel to the ad hoc secured creditor group that sponsored the plan, as well as helped crypto company Genesis re... (more story)
New York City is having the strongest Class A office leasing year this century, one of Weil's real estate leaders told Law360 Real Estate Authority in a recent interview.
A Texas bankruptcy judge Thursday declined to make a decision on the disclosure statement of an insolvent affiliate of real estate company Lurin LLC, saying he had doubts as to whether the debtor should proceed with a plan.
A New Jersey bankruptcy judge Thursday conditionally approved food kit and meal service provider FreshRealm's disclosure statement, allowing the debtor to solicit votes on its Chapter 11 reorganization proposal.
The Ninth Circuit Wednesday affirmed a $12 million judgment to former students of bankrupt for-profit college ITT Education Services Inc., saying their RICO claims against student loan servicers weren't time-b... (more story)
A Delaware bankruptcy judge declared that the convicted co-founder and former CEO of NS8 Inc. owes at least about $68 million to the litigation trustee appointed under the cybersecurity company's bankruptcy plan.
A Pennsylvania bankruptcy judge on Wednesday agreed to end a Chapter 11 case filed by Pittsburgh's purported oldest brewery, which claims there's no possibility of continued operation under its current ownersh... (more story)
Tetrad Enterprises LLC, a project development company focused on large-scale utility and infrastructure projects, filed for Chapter 11 bankruptcy protection in Puerto Rico for the second time since last year, ... (more story)
A Texas bankruptcy judge on Tuesday asked attorneys for Instant Brands' litigation trustee and Cornell Capital to return to court in the next few weeks for a hearing on a dispute surrounding the trustee's plan... (more story)
The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission sued bankrupt cryptocurrency investment firm Goliath Ventures Inc. and its founder Tuesday claiming they orchestrated a ... (more story)
The Chapter 11 trustee in the bankruptcy of Waterfront Resort Holdings, the owner of 105 unsold condominium units in New York City, has urged a bankruptcy judge to consider whether three individuals involved i... (more story)
The Archdiocese of New York is taking a second bite at the apple in state appeals court with a request for punitive damages against Chubb, alleging the insurer ran a "shadow campaign" against the archdiocese e... (more story)
Isaac Natter
While government contracts law and the hardcore scene may seem entirely unrelated, in my experience, both are abou... (more story)
Jaclynn McDonnell
Recent changes to the Graduate PLUS student loan program may moderate borrowing and simplify repayment, but they m... (more story)
John Ventola, Douglas Gooding and Jonathan Marshall
QVC's recently confirmed Chapter 11 plan joins a growing body of restructuring precedent demonstrating that well-f... (more story)