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A Long Island nursing home will fend off a Chapter 7 conversion bid. Former trucking company Yellow Corp. is seeking approval for $526 million in settlements. And the U.S. Trustee's Office is defending its standing to claw back fees from a law firm at the center of a judicial ethics scandal.
Specialty materials maker Alkegen's defeat of a challenge to legal releases in its Chapter 11 plan offers more clarity around what constitutes consent under the U.S. Supreme Court's Purdue Pharma decision, with a Texas bankruptcy judge allowing the debtor to use opt-outs to bind creditors who accepted the plan.
The U.S. Trustee's Office and Texas law firm Jackson Walker LLP are heading for a fight next week about whether the bankruptcy watchdog has standing to claw back attorney fees after a scandal touched some of the firm's cases — but it's a battle that both sides no longer want.
The official committee of unsecured creditors in the Chapter 11 cases of Dish DBS Corp. and affiliate Dish Wireless have asked a Texas bankruptcy judge to appoint a Chapter 11 trustee to manage the wireless de... (more story)
LIV Golf filed for Chapter 11 protection in New Jersey bankruptcy court Tuesday with more than $500 million in debt after losing the financial backing of Saudi Arabia's Public Investment Fund, saying it plans ... (more story)
Shipman & Goodwin LLP announced Tuesday that the firm has opened its first office outside the Northeast, expanding to Dallas with the hire of two restructuring attorneys from Ferguson Braswell Fraser Kubasta PC.
Investment firm 777 Partners secured a Texas bankruptcy judge's approval Tuesday to reject six leases for offices the debtor occupied before seeking Chapter 11 protection in August.
A New Jersey bankruptcy judge has ruled that antitrust claims against pharmaceutical companies belong to drug distributor McKesson Corp., not the trustee overseeing Rite Aid's Chapter 11 distributions.
The former acting president of a Genesis Healthcare subsidiary denied using company documents to create a competitor during a hearing Thursday on Genesis' motion for a preliminary injunction against the compet... (more story)
Willkie Farr & Gallagher LLP announced that it has tapped a former Gibson Dunn & Crutcher LLP lawyer to chair its newly formalized liability management and strategic credit practice.
The founders of production company Pulse Films, now owned by Vice Media, have failed to force former Vice executives to disclose documents about the media giant's financial troubles ahead of a potential $20 mi... (more story)
A Delaware bankruptcy judge on Thursday sent the official overseeing the Boy Scouts of America's settlement trust and a clutch of insurers into mediation to hash out a conflict over escrowed funds tied to a $1... (more story)
Invesco-managed funds reached a confidential settlement, ending appeals of a Texas bankruptcy judge's decision that Serta Simmons lenders excluded from a debt restructuring deal are owed $400 million.
A once-bankrupt telecommunications company's bid for more than $80 million in interest on top of a $3.6 million judgment seemed "absurd" to one Connecticut Supreme Court justice hearing a 16-year-old contract ... (more story)
A New Jersey bankruptcy judge Tuesday confirmed the Chapter 11 plan of Francesca's, after counsel for the women's clothing retailer said the debtor had resolved all objections to its plan to liquidate its remaining assets.
The Kitchen Consigliere, an Italian restaurant in the suburbs of Philadelphia started by a convicted mobster, has filed for Chapter 11 bankruptcy in New Jersey with no assets and less than $500,000 in liabilit... (more story)
Blockchain business Archblock LLC has asked a Delaware bankruptcy court to extend its Chapter 11 plan exclusivity period, saying the case is complex and negotiations with the creditors committee are progressing.
Electric motor manufacturer Reuland Electric Co. and its parent company initiated a bankruptcy Thursday, asserting that one lender relationship had soured and placed the company's future in peril.
The bankrupt company connected to the former Hudson Hotel in New York asked a Delaware bankruptcy court to approve its hiring of a development manager for its redevelopment project.
The Archdiocese of San Francisco asked a California bankruptcy judge Thursday to approve its Chapter 11 plan disclosure statement and the form of ballots to be sent to voting creditors as the organization move... (more story)
A Delaware bankruptcy judge on Thursday grilled conflicts counsel for bankrupt coal plant Omnis Pleasants about whether the debtor's lead counsel Herbert Smith Freehills Kramer LLP should be disqualified over ... (more story)
The Chapter 7 trustee in the bankruptcy of solar power company iSun Inc. accused the former CEO and Chief Financial Officer of sinking the company into insolvency through self-dealing and hidden debt transacti... (more story)
The First Circuit revived hospital Instituto Medico Del Norte's Chapter 11 lawsuit against a lender, remanding the case after it "struggled to make sense" of a Puerto Rico bankruptcy judge's decision to dismis... (more story)
Alexander Bein, Shelby Guilbert and Nicholas Hill
A North Carolina federal court’s recent ruling that the Federal Deposit Insurance Corp., as receiver for the colla... (more story)
Robert Charbonneau
While a recently passed Senate bill would expand the pool of businesses eligible to use the streamlined Subchapter... (more story)
Sharon Katz-Pearlman
A lifetime of learning and performing ballet taught me that success — whether in dance or practicing law — comes o... (more story)