To access this content, a subscription to Bankruptcy Authority is required.
Azul Judge Says Releases Proper In Ch. 11 Opinion
The New York judge who confirmed the Chapter 11 plan of Brazilian airline Azul SA last month issued an opinion Tuesday explaining his decision to overrule objections lodged by the U.S. Trustee's Office, saying the releases and exculpation provisions of the plan and the payment of indenture trustee expenses were all proper under the Bankruptcy Code and relevant case law.
Lender Dispute, Cash Sweep Led Food52 To Ch. 11
Unexpected cash sweeps by its prepetition lender at year-end forced Food52 Inc., an e-commerce company selling kitchen and home goods, to file for bankruptcy.
A Look At EV Tech Co. Ideanomics' Ch. 11 Liquidation Plan
Ideanomics Inc. will ask a Delaware bankruptcy judge on Thursday to confirm its Chapter 11 plan, allowing the electric vehicle technology group to exit bankruptcy after selling its assets. Here's a look at the liquidation and wind-down plan it is hoping to confirm.
Azul Judge Says Releases Proper In Ch. 11 Opinion
The New York judge who confirmed the Chapter 11 plan of Brazilian airline Azul SA last month issued an opinion Tuesday explaining his decision to overrule objections lodged by the U.S. Trustee's Office, saying the releases and exculpation provisions of the plan and the payment of indenture trustee expenses were all proper under the Bankruptcy Code and relevant case law.
Lender Dispute, Cash Sweep Led Food52 To Ch. 11
Unexpected cash sweeps by its prepetition lender at year-end forced Food52 Inc., an e-commerce company selling kitchen and home goods, to file for bankruptcy.
A Look At EV Tech Co. Ideanomics' Ch. 11 Liquidation Plan
Ideanomics Inc. will ask a Delaware bankruptcy judge on Thursday to confirm its Chapter 11 plan, allowing the electric vehicle technology group to exit bankruptcy after selling its assets. Here's a look at the liquidation and wind-down plan it is hoping to confirm.
Expert Analysis
A successful legal career is built through intention: understanding expectations, assessing strengths honestly and... (more story)
While the construction of data centers that fuel artificial intelligence continues to accelerate, some potential r... (more story)
Several notable Bankruptcy Code Chapter 15 decisions from 2025 warrant review, including rulings that clarified th... (more story)
Large Cap More
Following the official appointment of new chief managing partner Joshua Christie, Ice Miller LLP announced that it has named two attorneys as deputy managing partners and has elevated six attorneys to partner.
Brazilian airline Azul SA secured a New York bankruptcy judge's approval Thursday to hire investment banks to help search for alternatives to $1.2 billion in exit financing offered by its Chapter 11 lenders, a... (more story)
A Texas bankruptcy judge on Wednesday said the former chief executive of bankrupt subprime car loan lender Tricolor Holdings will have to appear at a creditor meeting despite his argument that he won't be able... (more story)
A Texas bankruptcy judge Wednesday allowed former First Brands executives to access about half of the company's directors and officers insurance to help pay for their legal fees as they face misconduct claims,... (more story)
Minority noteholders that lost collateral rights in a 2022 financing deal at aircraft parts supplier Incora will appeal a decision by a Texas federal judge that had upheld the debt exchange, according to a not... (more story)
Nursing home operator Genesis Healthcare may hold a new Chapter 11 auction with a fresh stalking horse offer worth nearly $1 billion, a Texas bankruptcy judge ruled Wednesday, a month after she nixed the resul... (more story)
Ellenoff Grossman & Schole LLP has combined with trial law firm Kaplan Rice LLP in New York, bringing on eight attorneys, doubling the size of its trial and litigation practice group, and giving the group new ... (more story)
Soon-to-be-retiring Delaware Supreme Court Justice Karen L. Valihura carved her name deeply into First State corporate law jurisprudence over her dozen years on the bench, at a time of surging caseloads and in... (more story)
A New Jersey federal judge has indicated she is planning to grant a bankrupt Johnson & Johnson talc subsidiary's bid to revive its trade libel claim over a scientific article linking asbestos in talc to mesothelioma.
Mass tort litigation firm MMA Law asked a Texas bankruptcy judge late Monday to invalidate a ruling from a Louisiana federal court, saying the Chapter 11 automatic stay protects MMA's assets, including the cla... (more story)
Mid Cap More
A Connecticut bankruptcy judge on Thursday allowed a steel company to replace its counsel at Pullman & Comley LLC after failing to pay the firm more than $389,000 in fees and expenses, avoiding a possible dism... (more story)
Center City Healthcare, the former operator of two Philadelphia hospitals, received court approval Thursday to send its liquidation plan to a creditor vote, more than six years after it filed for Chapter 11 pr... (more story)
A Delaware bankruptcy judge said Thursday that he will approve the Chapter 11 liquidation plan for electric vehicle technology company Ideanomics Inc. once an injunction barring future claims in the plan is narrowed in scope.
The Delaware Chancery Court has refused to let either side bypass an upcoming trial in a dispute between autonomous-robotics company Seegrid Corp. and former employees over the forced repurchase of stock optio... (more story)
Taste of Belgium Rookwood LLC launched a streamlined Chapter 11 in Ohio bankruptcy court late on Tuesday, reporting about $156,000 in assets against $3 million in liabilities and aiming to stabilize its remain... (more story)
Expedia asked a Washington federal judge to help it seek assistance from Singapore's court system to get documents from Trip.com, saying the discovery is pertinent in an antitrust case brought by representativ... (more story)
The operator of a 369-bed skilled nursing facility in Albuquerque, New Mexico, has filed for Chapter 11 protection in a Florida bankruptcy court with more than $1 million in debt and has been granted joint adm... (more story)
A bankrupt Alabama hospital is asking a federal judge to allow it to drop out of a $2.8 billion antitrust class action settlement with Blue Cross Blue Shield, saying it may be forced to shut down unless it can... (more story)
Vectra Bank has accused a Colorado-based commercial finance company and two related business entities in state court of defaulting on a $6.5 million loan and said they now owe the bank more than $4.5 million.
The Washington, D.C.-based coffee chain Compass Coffee filed for Chapter 11 protection Tuesday with at least $11.7 million of estimated liabilities amid rent disputes with landlords, promising to soon disclose... (more story)