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Expert Analysis

Brazilian Jiujitsu Makes Me A Better Lawyer

Competing in Brazilian jiujitsu – often against opponents who are much larger and younger than me – has allowed me... (more story)

Power To The Paralegals: An Untapped Source For Biz Roles

Law firms looking to recruit legal business talent should consider turning to paralegals, who practice several key... (more story)

Franchise Group Dispute Reflects Rising Intercreditor Suits

A recent complaint filed by senior creditors against junior creditors in the Franchise Group bankruptcy could embo... (more story)

Large Cap More

High Court Pauses 5th Circ.'s Highland Ch. 11 Liability Ruling

The U.S. Supreme Court on Thursday allowed bankrupt hedge fund Highland Capital to continue shielding certain key parties in its Chapter 11 case from liability while the debtor appeals a Fifth Circuit decision... (more story)

Stevens & Lee Adds Montgomery McCracken Bankruptcy Atty

Stevens & Lee announced Thursday it has hired an attorney who formerly worked at Montgomery McCracken Walker & Rhoads LLP to bolster its bankruptcy and financial restructuring group in Delaware.

Highland Wants High Court To Preserve Ch. 11 Liability Shield

Defunct hedge fund Highland Capital Management has asked the U.S. Supreme Court to keep its Chapter 11 plan in place while it appeals a reversal from the U.S. Court of Appeals for the Fifth Circuit, saying it ... (more story)

Franchise Group's Ch. 11 Debt Cut Plan Largely Confirmed

The Chapter 11 plan proposal of retail chain owner Franchise Group Inc. that will slash $1.5 billion of debt from the company's balance sheet received approval Wednesday from a Delaware bankruptcy judge, with ... (more story)

3rd Circ. Pauses J&J Unit Appeal In Talc Study Libel Case

The Third Circuit on Wednesday granted a bid by Johnson & Johnson's talc liability unit to stay briefing in its appeal seeking to revive a libel case over a scientific article linking talcum power to mesothelioma.

Mallinckrodt Investors Get Initial OK For $5.5M Settlement

Investors of drugmaker Mallinckrodt received preliminary approval of their $5.5 million settlement with two executives and a director of the company Wednesday, ending the investors' claims they were misled int... (more story)

Alex Jones Is 'Defending Journalists,' Texas Court Hears

A Texas appeals court seemed taken aback after counsel for conspiracist Alex Jones claimed a $45 million default judgment relating to Jones' defamatory Sandy Hook statements should be thrown out, suggesting du... (more story)

Fiber Network Co. Everstream Hits Ch. 11 With Over $1B Debt

Everstream Networks, a provider of fiber networks to businesses, and several affiliates filed for Chapter 11 protection in Texas on Wednesday, citing at least $1 billion of estimated liabilities.

Brazilian Airline Azul Files Ch. 11 To Cut $2B Of Debt

Azul SA, one of Brazil's largest airlines, filed for Chapter 11 protection in New York on Wednesday, saying it has a prearranged plan to cut $2 billion of debt from its balance sheet.

SandRidge Can't Duck $17M Ex-Execs Suit In Texas

A Texas bankruptcy judge has refused to reopen the Chapter 11 case of SandRidge Energy to allow it to escape a $17 million subrogation suit filed by two former officers, saying SandRidge in its bankruptcy plan... (more story)

Mid Cap More

Montgomery McCracken Wins $680K Fees From Ch. 11 Client

A group of property development companies that Montgomery McCracken Walker & Rhoads LLP represented through years of bankruptcy reorganization still owe the firm $680,000, a Pennsylvania federal judge ruled Wednesday.

South Korean Insurer Sues To Enforce $14M Judgment In NY

The Korea Deposit Insurance Corp. has urged a New York federal court to recognize and enforce a $14.4 million judgment it secured in South Korea against a man who defaulted on a bank loan.

Burr & Forman Brings On McCarter & English Bankruptcy Atty

Burr & Forman LLP has added a bankruptcy attorney from McCarter & English LLP to its Wilmington, Delaware, office to advise clients in corporate reorganizations and litigation in Chapter 11 and Chapter 7.

Fiber Developer Tilson Hits Ch. 11 With Over $100M In Debt

Fiber network developer Tilson Technology Management Inc. and affiliates filed for Chapter 11 protection in Delaware bankruptcy court Thursday with $100 million to $500 million in debt, claiming a client's rec... (more story)

Judge Rejects Johns Hopkins Unit's Claim FCA Suit Is Untimely

A Maine federal judge on Wednesday denied Johns Hopkins Medical Services Corp.'s bid to dismiss a False Claims Act suit as untimely, ruling it must face allegations it failed to report being overpaid for healt... (more story)

Calif. Hotel Operator Sued By JV Partner In Ch. 11 Case

The joint venture partner of a bankrupt California hotel owner-operator lodged an adversary complaint against the company in its Chapter 11 bankruptcy case in Delaware, urging the court to transfer several of ... (more story)

Exactech Delays Ch. 11 Plan Hearing For Settlement Talks

Joint implant maker Exactech Wednesday adjourned what could have been a long and contested Chapter 11 plan confirmation hearing in Delaware, saying it began talks to settle a blitz of objections in the case.

IT Contractor Says Retainer Deposit Lets Ch. 11 Stay In NY

Government information technology contractor Sysorex Government Services on Wednesday argued to a New York bankruptcy judge that the retainer on deposit for its bankruptcy counsel is sufficient to establish th... (more story)

TreeSap Farms Gets OK To Take Votes On Ch. 11 Liquidation

A Texas bankruptcy judge on Wednesday said he would allow landscape plant grower TreeSap Farms to solicit creditor votes on its Chapter 11 liquidation plan, days after the company closed on a sale of its asset... (more story)

Canadian Aluminum Trader Blames Trade War For Bankruptcy

A Canadian aluminum trading group has asked an Illinois bankruptcy court to recognize its Canadian insolvency proceedings, saying rising tariffs have left it with no choice but to seek to sell its assets in bankruptcy.