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Expert Analysis

Law School's Missed Lessons: Mastering Time Management

Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practic... (more story)

Rare Del. Oversight Ruling Sends Governance Wake-Up Call

An unusual ruling from the Delaware Court of Chancery recently allowed Caremark oversight claims to proceed agains... (more story)

11th Circ. Equitable Tolling Ruling Deepens Circuit Split

The Eleventh Circuit recently held that equitable tolling was unavailable to extend a deadline to object to discha... (more story)

Large Cap More

Committee Says $100M DIP Loan Doesn't Benefit Modivcare

The official committee of unsecured creditors in the Chapter 11 case of medical transport company Modivcare objected to final approval of the debtor's $100 million bankruptcy loan late Tuesday, telling a Texas... (more story)

Final JC Penney Ch. 11 Distributions On Horizon, Atty Says

Lawyers winding down the bankruptcy estate of department store J.C. Penney told a Texas bankruptcy judge on Wednesday they expect to be able to make final creditor payments shortly, nearly five years after the... (more story)

Kennedys Adds Bankruptcy Partner From Connell Foley In NJ

Kennedys CMK grew in New Jersey this week with the hire of a bankruptcy and creditors' rights expert joining the firm after nearly 20 years as a partner at Connell Foley LLP.

Meet The Attys Helping CVS' Omnicare Through Ch. 11

Omnicare, CVS Health's subsidiary that provides pharmacy services for long-term care facilities, has enlisted the help of attorneys from Haynes Boone and Jenner & Block LLP to see it through the bankruptcy it ... (more story)

Spirit Strikes Ch. 11 Global Deal With Largest Lessor AerCap

Spirit Airlines urged a New York bankruptcy court Tuesday to approve a global resolution the company reached with AerCap, its largest lessor, that could be a major step forward for the budget airline's riskier... (more story)

Ch. 11 Shields Co. From Suit Over Inmate Stroke, Judge Says

A federal judge in North Carolina has dismissed prison healthcare provider Wellpath from a lawsuit brought by the family of a man who died of a stroke inside a Charlotte jail, finding that the company's bankru... (more story)

FTX Trust Seeks $1B From Crypto Miner Genesis Digital

The recovery trust created under FTX's Chapter 11 plan has filed a lawsuit in Delaware bankruptcy court that aims to claw back more than $1 billion that FTX's founder invested in Genesis Digital Assets Ltd., a... (more story)

Privy Council Backs Undoing Fund's $230M Madoff Claim Sale

The top appeals court for U.K. overseas territories has endorsed a successful U.S. appeal brought by the liquidator of an overseas Bernard L. Madoff feeder fund to undo its allegedly imprudent sale of its $230... (more story)

Genesis Deal Allows Claims Against Gemini, Judge Says

A New York bankruptcy judge said Tuesday he will shortly issue a ruling that a 2024 agreement between cryptocurrency exchange Gemini and bankrupt crypto lender Genesis Global allows Gemini customers to pursue ... (more story)

J&J Ruling Misapplied Goldman Precedent, 3rd Circ. Told

The U.S. Chamber of Commerce and other business organizations are supporting Johnson & Johnson's call for the full Third Circuit to reconsider a ruling that the groups argue could "saddle" companies with inves... (more story)

Mid Cap More

Calf. Property Owner Renews Ch. 11 With $10M+ In Debt

The owner of a lot in California estimated to be worth $46 million renewed efforts to perform a Chapter 11 and address unsustainable debt, having filed for bankruptcy earlier this year but not completing the process.

Maverick Gaming Gets OK For $28M Card Room Sale

A Texas bankruptcy judge gave Maverick Gaming permission Wednesday to sell four of its card rooms to its founder for $28 million, a price the casino operator said was driven up more than 60% through competitive bidding.

Eletson Renews Call For Reed Smith DQ In Ch. 11

Oil and gas shipping company Eletson Holdings has again urged a New York bankruptcy court to have Reed Smith disqualified from its Chapter 11 case, asserting that recent court rulings indicate the entity the l... (more story)

Books Inc. Gets OK For $3.25M Sale To Barnes & Noble

California's oldest independent bookstore chain, Books Inc., received approval Wednesday from a bankruptcy judge for a $3.25 million sale to Barnes & Noble, and hopes to close on the sale Oct. 1.

This Week In Healthcare Cybersecurity

Expiring Obama-era cybersecurity legislation, U.K. charges for 'Scattered Spider' breach, and the challenges of 23andMe's bankruptcy. Law360 looks at the week in cybersecurity developments affecting the healthcare industry.

Dr. Phil Says Trinity 'Abandoned' TV Network Before Ch. 11

"Dr. Phil" McGraw testified Tuesday in Texas bankruptcy court that he sought control of his joint venture with Trinity Broadcasting last year because his partner had "abandoned" the venture's mission and faile... (more story)

NY Judge Throws Out Appeals By Ex-Eletson Shareholders

A New York federal judge has ruled that a group of former shareholders of Eletson Holdings have no standing to appeal an order consummating the shipping company's Chapter 11 plan and no grounds to appeal sanct... (more story)

Wilmington Trust Seeks Receiver After $19M Loan Default

A single-asset real estate firm that owns an office building in the Denver Technological Center, or DTC, filed for Chapter 11 and faces a request for a receiver over the building it owns after it defaulted on ... (more story)

Walker Edison Nears Settlement Over $13M DIP, Sale Plan

Online furniture retailer Walker Edison told a Delaware bankruptcy judge Tuesday it was close to a deal with unsecured creditors, lenders and other parties to share in proceeds from a sale of its assets, but t... (more story)

Soybean Co. Benson Hill's Ch. 11 Converted To Ch. 7

A Delaware bankruptcy judge on Tuesday greenlit the conversion of the Chapter 11 case of high-protein soybean developer Benson Hill Inc. to a Chapter 7 liquidation, after the company sold its business in May.