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Pages From Bankruptcy History: Chapter 15's Origins
Chapter 15 of the Bankruptcy Code, which allows U.S. courts to recognize foreign bankruptcies, turns 20 years old this year, an anniversary that marks how far the courts have come since replacing a makeshift jumble of laws with a streamlined system.
Meet The Attys Helping Cos. Tied To Hudson Hotel In Ch. 11
Two companies affiliated with the former Hudson Hotel near Manhattan's Columbus Circle have hired attorneys from DLA Piper LLP to guide them through a Chapter 11 bankruptcy after they filed with between $100 million and $500 million each in both assets and liabilities.
Meet The Attorneys For Broadband And Carriox's Ch. 11s
A team of attorneys from Klestadt Winters Jureller Southard & Stevens LLP is guiding the Chapter 11 bankruptcies of six affiliates of telecommunications financing provider Carriox Capital.
Pages From Bankruptcy History: Chapter 15's Origins
Chapter 15 of the Bankruptcy Code, which allows U.S. courts to recognize foreign bankruptcies, turns 20 years old this year, an anniversary that marks how far the courts have come since replacing a makeshift jumble of laws with a streamlined system.
Meet The Attys Helping Cos. Tied To Hudson Hotel In Ch. 11
Two companies affiliated with the former Hudson Hotel near Manhattan's Columbus Circle have hired attorneys from DLA Piper LLP to guide them through a Chapter 11 bankruptcy after they filed with between $100 million and $500 million each in both assets and liabilities.
Meet The Attorneys For Broadband And Carriox's Ch. 11s
A team of attorneys from Klestadt Winters Jureller Southard & Stevens LLP is guiding the Chapter 11 bankruptcies of six affiliates of telecommunications financing provider Carriox Capital.
Expert Analysis
As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement offic... (more story)
A New York federal court's recent decision denying a request by PDVSA, Venezuela's state-owned oil company, to ref... (more story)
After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, ... (more story)
Large Cap More
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)
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)
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)
A subsidiary of Venezuela's state-owned oil company is urging a New York federal judge to pause her ruling enforcing nearly $3 billion in defaulted bonds during an appeal, saying enforcement could permanently ... (more story)
The Chapter 7 trustee for subprime car lender and seller Tricolor Holdings can access about $275,000 in deposited checks at its headquarters to make late insurance payments, a Texas bankruptcy judge said at an... (more story)
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)
A Texas bankruptcy judge on Monday granted confirmation of LifeScan Global Corp.'s Chapter 11 plan after the debtor reached an agreement with pharmacy benefit managers that resolved their objections, allowing ... (more story)
Willkie Farr & Gallagher LLP has added a restructuring attorney who was previously with Kirkland & Ellis LLP as a partner and as chair of its restructuring group, the firm announced Monday.
The Chapter 11 plan administrator for defunct cryptocurrency custodian Prime Core told a Delaware bankruptcy judge Monday that it raised about $35 million by selling Prime's crypto assets and expects to begin ... (more story)
The state of Texas said it was appealing a bankruptcy judge's decision earlier this month blocking its attempt to hold General Motors liable for data privacy violations allegedly committed by its predecessor b... (more story)
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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)
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.
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.
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)
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)
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.
Gordon Rees Scully Mansukhani LLC has apologized to an Alabama bankruptcy court for a filing submitted by one of its lawyers that contained mistakes it blamed on artificial intelligence, saying it's "profoundl... (more story)
PrimaLend Capital Partners LP, a lender to auto dealerships, received interim approval for $16 million of Chapter 11 financing from its senior secured lenders after a Texas bankruptcy judge overruled an object... (more story)
The liquidators of a Singapore blockchain business asked a New York bankruptcy court for Chapter 15 recognition of its insolvency, saying it needs to pause a New York State court fight over $63 million in stol... (more story)
Loans to nondepository financial institutions represent the fastest-growing bank lending asset this year, while exhibiting the cleanest credit profile and the lowest delinquency rate, but two recent bankruptci... (more story)