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Searles Valley will vie for conditional approval of a plan and disclosure, a restaurant chain will seek the all-clear for its bidding procedures and a judge will contemplate Genesis Healthcare's bid for plan confirmation.
A recent federal court ruling affirming a five-year pause on litigation for the owner of a bankrupt theatrical production company is likely to lead even more small businesses to try the same kind of maneuver, experts told Law360.
Filings of large corporate bankruptcies were 22% higher than the historical average in the 12 months through June, with debtors citing a mercurial regulatory environment exacerbated by consumer uncertainty, according to a new report released Thursday.
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a look at the top real estate deals of the third quarter, and conversations with leading attorneys on older ... (more story)
Members of the Sackler family broke terms of settlement agreements in Purdue Pharma's Chapter 11 plan, a New York bankruptcy judge has ruled, directing them to end state court litigation and title challenges o... (more story)
The U.S. Trustee's Office asked a California bankruptcy judge to reject the Archdiocese of San Francisco's Chapter 11 plan disclosure unless it explains why sexual abuse claimants must waive their claims to be... (more story)
The U.S. Trustee's Office has urged a New York bankruptcy judge to reject what it described as a bid by the Diocese of Buffalo to shield insurance carriers from third-party legal claims through a $177 million ... (more story)
An organization of Franciscan Friars in California has asked a bankruptcy judge to approve a $25.7 million settlement with its insurance carriers that the debtor said will help fund a trust with a total value ... (more story)
The past week in London has seen PrivatBank sue its former oligarch owner, building materials provider Kingspan face a €100 million ($112 million) claim over Grenfell Tower cladding and energy giants VaroPreem... (more story)
More than 120 mostly Democratic lawmakers raised concerns Thursday about the proposed $10 million sale of Spirit Airlines' internal data to Google for artificial intelligence training, saying the sale would in... (more story)
Hughes Satellite locked horns with its noteholders in Texas bankruptcy court Thursday, urging a judge to strike a motion with an attached Chapter 11 plan term sheet that the telecommunications group argued vio... (more story)
A Delaware bankruptcy judge Thursday agreed to expedite a hearing on a summary judgment motion in bankrupt government contractor Noble Supply & Logistics' Chapter 11 adversary lawsuit against the Defense Logis... (more story)
A Texas bankruptcy judge Thursday approved the sale of Genesis Healthcare's 175 care facilities after being told that the debtor had reached an amended deal with the buyer that will add $15 million in cash to ... (more story)
A Texas bankruptcy judge agreed to modify the automatic stay in the Chapter 11 case of summer camp operator Camp Mystic late Friday to allow lawsuits from the victims of a deadly 2025 flood to proceed once the... (more story)
The liquidator of companies owned by a family accused of a decadeslong tax fraud scheme in Australia have adhered to Chapter 15's eligibility requirements with $1,250 retainers, a New York federal judge has fo... (more story)
Bankrupt sleep-away camp operator Camp Mystic has told a Texas court the appointment of a Chapter 11 trustee is not justified since the debtor made adjustments to its corporate governance practices and install... (more story)
The former CEO of electric-truck maker Nikola has asked the Third Circuit to review a Delaware federal judge's decision that his nearly $70 million bankruptcy claim against his former company was properly subo... (more story)
The company behind a New Jersey event venue called The Chariot received confirmation of its Chapter 11 plan, which will hand over the reorganized company to two investors.
A Florida state court vacated an order allowing a discount sale of an attorney's $20 million worth of shares in three law firms to a litigation funder seeking to collect on an out-of-state judgment, saying the... (more story)
WilmerHale announced Wednesday that it has appointed a former Latham & Watkins LLP partner to chair the firm's transactional bankruptcy and financial restructuring practice.
A single-asset real estate holding firm tied to an apartment complex near Dallas has filed for Chapter 11 relief in the Northern District of Texas, listing more than $50 million in liabilities.
Polsinelli PC has two new leaders for its restructuring and strategic capital practice, the firm announced Wednesday.
A Washington federal judge found a staffing company violated the terms of a $276,000 settlement it reached with the U.S. Equal Employment Opportunity Commission to close a bias investigation, siding with the E... (more story)
Ting Cheung
By better understanding neurodiversity and implementing simple accommodations for clients with autism, ADHD or lea... (more story)
Paige Lohse, John Martin and Kevin Warren
Recent banking developments in Illinois include significant new consumer protection legislation, three meaningful ... (more story)
Joseph Bain and Samantha Oppenheim
In LIV Golf's recent Chapter 11 filing, players are the core enterprise value of the business and the intended maj... (more story)