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More than two dozen U.S. summer camps are for sale just as kids arrive for the season, under a rapid timeline in the free-fall bankruptcy of SIMAD Holdings, and whether they land in the hands of outsiders or longtime directors trying to buy back their properties is up in the air.
Nursing home firm Genesis Healthcare alleged an insider took part in a scheme that cost the company more than $50 million. A medical staffing company's bankruptcy trust sued to claim an insurance dividend. And the Archdiocese of New York asked a state court to pause a directive for it disclose information to insurers while the church appealed the order.
A team of lawyers from Richards Layton & Finger PA and Cooley LLP is representing life sciences group Sangamo Therapeutics Inc. in a recently filed Chapter 11 case as the company looks to sell parts of its business to Eli Lilly & Co. and Astellas Pharma Inc.
Mattress company Sleep Number Corp. can hold a mid-July Chapter 11 auction backed by a $415 million stalking horse offer after a New York bankruptcy judge signed off on its sale procedures Thursday.
Delaware-based Richards Layton & Finger has announced that three of its attorneys were elected to serve as directors of the firm and three others were elevated to counsel.
The FDIC's banking expert testified in a California federal bench trial Wednesday that Silicon Valley Bank violated prudent banking standards by mismanaging assets before it collapsed, saying officers knew SVB... (more story)
A Texas bankruptcy judge slowed down Wednesday the prepackaged Chapter 11 cases from video distribution entities owned by EchoStar Corp., including Dish TV and Sling TV, after cell tower companies and the U.S.... (more story)
Wind turbine blade maker TPI Composites received approval Wednesday from a Texas bankruptcy judge for a liquidating Chapter 11 plan to distribute the proceeds of an asset sale and dispose of the debtor's remaining assets.
A Texas bankruptcy judge Wednesday agreed to let Linqto sell Ripple Labs equity for a total of $130 million, in transactions that counsel for the former investing platform said will help it exit Chapter 11 soon.
A Texas bankruptcy judge has rejected an objection to Genesis Healthcare's $1 billion sale of its 175 nursing homes, ruling that a joint venture partner cannot scuttle the deal by invoking a partnership agreem... (more story)
Troutman Pepper Locke has strengthened its bankruptcy and restructuring practice with a seasoned Dallas-based partner who came aboard from Sidley Austin LLP.
A Federal Court judge in Sydney has allowed a bankrupt former construction company manager to continue managing his self-managed superannuation fund, finding relief from management disqualification is availabl... (more story)
Silicon Valley Bank's ex-chief financial officer defended SVB's risk appetite during a California federal bench trial Tuesday over the Federal Deposit Insurance Corp.'s claims the bank's brass mismanaged its a... (more story)
Bitcoin Depot told a Texas bankruptcy judge Thursday that five buyers had prevailed in an auction this week for the cryptocurrency company's kiosks, business lines and other assets, offering a total of $1.4 million.
Airline operator Float Alaska has asked a Delaware bankruptcy judge for permission to modify its confirmed Chapter 11 plan and disclosure statement so that it can enter into a transaction with a backup bidder ... (more story)
A Texas bankruptcy judge said Wednesday that he would approve a sale of a data and research center affiliated with Texas A&M University, RELLIS Campus Data and Research Center LLC, to AI software company ThisW... (more story)
A Florida bankruptcy judge Wednesday allowed YesCare, the affiliate of prison healthcare company Tehum Care Services, to use lender cash and pay wages after adjourning a hearing on a motion to transfer the cas... (more story)
Puerto Rico's Financial Oversight and Management Board pitched a $3 billion settlement package to bondholders of the Puerto Rico Electric Power Authority, with an eye to finishing the power authority's bankrup... (more story)
A Delaware bankruptcy judge said Tuesday she will grant a request by GVO Partners, a medical spa management and investment firm, to use cash collateral, agreeing with the debtor that it needs to fund its opera... (more story)
Pierson Ferdinand LLP announced Tuesday that it has added four partners to its corporate, intellectual property and litigation departments to bolster its capacity to handle corporate litigation, patent, bankru... (more story)
The U.S. government and the Federal Deposit Insurance Corp. are working to settle the government's case against the agency in its role as receiver for the defunct First Republic Bank over taxes that the govern... (more story)
Bankrupt bitcoin miner Rhodium Encore on Tuesday asked a Texas bankruptcy judge to impose sanctions on cooling technology firm Midas Green Technologies, saying it spent more than $6 million fighting over Midas... (more story)
Gordon Rees Scully Mansukhani LLP has expanded its offices in Northern California with eight new partners who have expertise in multiple practice areas, a firm spokesperson told Law360 Pulse on Tuesday.
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