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Expert Analysis

Law School's Missed Lessons: Educating Your Community

Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the ... (more story)

ConvergeOne Ch. 11 Ruling Clarifies Lender Incentive Limits

The recent ConvergeOne ruling from a Texas federal court marks the latest rebuke of selective lender incentives in... (more story)

5 Crisis Lawyering Skills For An Age Of Uncertainty

As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement offic... (more story)

Large Cap More

Claire's Gets OK To Exit Ch. 11 After Sale To Ames Watson

Jewelry retailer Claire's on Wednesday won a Delaware bankruptcy judge's approval of a plan to exit Chapter 11 after selling most of its North American business to private equity firm Ames Watson last month.

Spirit Airlines Gets Final OK For $1.23B Ch. 11 Financing

A New York bankruptcy judge gave final approval to Spirit Airlines' $1.23 billion Chapter 11 financing package, which includes $475 million of new money and a rollup of prepetition debt.

Wind Co. Says Judge Lopez Doesn't Need To Recuse

Bankrupt wind company TPI Composites Inc. has requested that U.S. Bankruptcy Judge Chris Lopez should continue to oversee its case, saying that he does not need to recuse himself just because he previously wor... (more story)

Catching Up With New Bankruptcy Case Action

A Las Vegas arcade is seeking Chapter 11 protection in Nevada bankruptcy court. Two companies tied to the former Hudson Hotel near Manhattan's Columbus Circle filed for bankruptcy in Delaware. And a subprime a... (more story)

Bankrupt Chinese Exile's Wife Fights Loss Of $7.25M Mansion

The wife of Chinese exile and convicted fraudster Miles Guo is appealing a Connecticut federal judge's decision to include a $7.25 million Greenwich mansion in her husband's Chapter 11 estate, court records show.

The Retail Property Sector Is Shedding Its Old Skin

The recent spate of big-box stores going bankrupt is a sign the sector is changing for the better and not cause for alarm for retail property investors and owners, attorneys and market experts told Law360 Real... (more story)

US Trustee Objects To Azul Ch. 11 Plan Releases

The U.S. Trustee's Office is asking a New York bankruptcy judge to reject Brazilian airline Azul's Chapter 11 plan disclosure, saying it contains inadequate information on a plan rendered unconfirmable by its ... (more story)

Modivcare Creditors Balk At UnitedHealthcare Settlement

Modivcare's unsecured creditors committee has objected to the medical transport company's proposed settlement with UnitedHealthcare, saying it isn't yet clear if Modivcare and the health insurance giant will p... (more story)

Spirit's Creditors Committee Backs Final DIP After Concession

A group of creditors for Spirit Airlines have told a New York bankruptcy court they now support the budget air carrier's request for debtor-in-possession financing on a final basis, after the debtor agreed to ... (more story)

Jackson Walker Atty Romance Deal Blasted As 'Collusion'

A proposed settlement between Jackson Walker LLP and defunct life insurance bond seller GWG Holdings Inc. over a former Jackson Walker partner's secret romance with an ex-bankruptcy judge should be rejected be... (more story)

Mid Cap More

Midas Loses Crypto Infringement Claim In Rhodium Ch. 11

A Texas bankruptcy judge nixed $12.3 million in claims asserted by data center cooling technology firm Midas Green Technologies against bitcoin miner Rhodium in the latter's Chapter 11, saying the claimant had... (more story)

Energy Co. Asks 3rd Circ. To Undo Union Arbitration Ruling

A nuclear power plant operator told a Third Circuit panel Wednesday that a healthcare plan dispute with union workers should not be considered arbitrable because it stemmed from an old agreement that fell outs... (more story)

Dr. Phil Media Co. Bankruptcy Converted To Ch. 7

A Texas bankruptcy judge converted the bankruptcy of Merit Street Media to a Chapter 7 liquidation Tuesday, saying an independent trustee was needed to wade through issues surrounding the destruction of the re... (more story)

Unsecured Creditors Blast Mountain Sports' Ch. 11 Plan

A pair of unsecured creditors of sports retailer Mountain Sports have asked a Delaware bankruptcy judge to reject the company's Chapter 11 plan disclosure, saying the plan attempts to split their claims into a... (more story)

Publishers Clearing House Creditors To Vote On Ch. 11 Plan

The estate of sweepstakes business Publishers Clearing House can seek votes on its Chapter 11 plan of liquidation, a New York bankruptcy judge said Tuesday, following the sale earlier this year of the debtor's business.

Exactech Gets Another $19M In DIP Funds Ahead Of Sale

Joint implant maker Exactech Inc. received a Delaware bankruptcy judge's permission Tuesday to borrow an additional $19.1 million in its Chapter 11 case as the company works to complete an asset sale by the end of the week.

Investors Accuse Colo. Distillery Owner Of $850K Fraud

A group of investors has sued the owner of a Colorado distillery in federal court, alleging he induced them to inject nearly $850,000 into his business by making fraudulent misrepresentations about it, and tha... (more story)

Chancery Lets J&J, Dow Fight To Save Asbestos Data

The Delaware Chancery Court has refused to toss a suit by Johnson & Johnson, Dow Chemical and other major asbestos-defendant companies that are seeking to block a set of bankruptcy trusts from destroying decad... (more story)

Dolphin Co. Can Sell Closed Park For $4.5M In Ch. 11

Dolphin experience park owner Leisure Investments Holdings LLC received a Delaware bankruptcy judge's approval Monday for a more than $4.5 million sale of a Panama City Beach, Florida, park that is no longer o... (more story)

Texas Aviation Biz Files Ch. 11 In Wake Of Contract Suit

Aviation business GAI Air has filed for Chapter 11 protection in Texas bankruptcy court with more than $6.5 million in debt, blaming a nearly $2.8 million state court judgment stemming from a failed joint venture.