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Failed restructuring negotiations with shipowners forced Italian Sea Group to seek court protection, with the Italian luxury yacht maker launching a court-supervised restructuring process in its home country as the business grapples with its net financial debt of roughly $204 million.
A mining operation will undergo an omnibus hearing in its Chapter 11 case, a Nevada solar project will seek plan confirmation and Saks will ask for permission to sell a lease and real property.
More than two dozen U.S. summer camps are for sale just as kids arrive for the season, under a rapid timeline in the free-fall bankruptcy of SIMAD Holdings, and whether they land in the hands of outsiders or longtime directors trying to buy back their properties is up in the air.
Silicon Valley Bank's ex-CEO testified Thursday during a California federal bench trial over the FDIC's claims that the bank's brass mismanaged its assets, acknowledging during a tense examination that he rece... (more story)
CVS and its bankrupt unit Omnicare have agreed to pay $440 million to the U.S. Department of Justice to resolve an almost $1 billion judgment stemming from a False Claims Act suit, telling a Texas bankruptcy j... (more story)
As investors in Argentine oil and gas exploration company YPF SA gear up for a multibillion-dollar arbitration against Argentina, disputes still remain over exactly what discovery from a parallel proceeding in... (more story)
A Texas bankruptcy judge on Thursday signed off on auto parts-maker First Brands Group's sale of its Jasper Rubber business for $8 million, after two parties reached a deal that partly cleared their dispute ov... (more story)
Defunct budget air carrier Spirit Airlines asked a New York bankruptcy judge to approve Chapter 11 auction procedures for 27 aircraft, with a $630 million stalking horse bid from a secured creditor setting the floor.
The U.S. Supreme Court's stark ideological divisions were on full display this term, particularly as it issued long-awaited rulings in the last few days of June. Here, Law360 dives into the numbers behind this court term.
Mattress company Sleep Number Corp. can hold a mid-July Chapter 11 auction backed by a $415 million stalking horse offer after a New York bankruptcy judge signed off on its sale procedures Thursday.
Delaware-based Richards Layton & Finger has announced that three of its attorneys were elected to serve as directors of the firm and three others were elevated to counsel.
The FDIC's banking expert testified in a California federal bench trial Wednesday that Silicon Valley Bank violated prudent banking standards by mismanaging assets before it collapsed, saying officers knew SVB... (more story)
A Texas bankruptcy judge slowed down Wednesday the prepackaged Chapter 11 cases from video distribution entities owned by EchoStar Corp., including Dish TV and Sling TV, after cell tower companies and the U.S.... (more story)
Airline operator Float Alaska received approval Thursday from a Delaware bankruptcy judge to modify its Chapter 11 plan and allow it to pivot to a deal with a backup bidder if its original sponsor doesn't meet... (more story)
Hilco Merchant Resources must face a lawsuit from a putative class of nationwide workers who ran going-out-of-business sales at Christmas Tree Shops, a Delaware bankruptcy judge has determined, rejecting the a... (more story)
Bitcoin Depot told a Texas bankruptcy judge Thursday that five buyers had prevailed in an auction this week for the cryptocurrency company's kiosks, business lines and other assets, offering a total of $1.4 million.
Airline operator Float Alaska has asked a Delaware bankruptcy judge for permission to modify its confirmed Chapter 11 plan and disclosure statement so that it can enter into a transaction with a backup bidder ... (more story)
A Texas bankruptcy judge said Wednesday that he would approve a sale of a data and research center affiliated with Texas A&M University, RELLIS Campus Data and Research Center LLC, to AI software company ThisW... (more story)
Troutman Pepper Locke has strengthened its bankruptcy and restructuring practice with a seasoned Dallas-based partner who came aboard from Sidley Austin LLP.
A Florida bankruptcy judge Wednesday allowed YesCare, the affiliate of prison healthcare company Tehum Care Services, to use lender cash and pay wages after adjourning a hearing on a motion to transfer the cas... (more story)
A Federal Court judge in Sydney has allowed a bankrupt former construction company manager to continue managing his self-managed superannuation fund, finding relief from management disqualification is availabl... (more story)
Puerto Rico's Financial Oversight and Management Board pitched a $3 billion settlement package to bondholders of the Puerto Rico Electric Power Authority, with an eye to finishing the power authority's bankrup... (more story)
A Delaware bankruptcy judge said Tuesday she will grant a request by GVO Partners, a medical spa management and investment firm, to use cash collateral, agreeing with the debtor that it needs to fund its opera... (more story)
Ted Gavin
Congress must pass a bill to permanently restore the Subchapter V debt limit and clarify several other key points ... (more story)
Bonnie Baker
Singing in the New York City Bar Chorus — a hobby partly inspired by the late U.S. District Judge Richard Owen, wh... (more story)
Erika Sneeringer
Law firm leadership can best retain their paralegals not by encouraging self-care, but by seeking top-down structu... (more story)