Expert Analysis

What Bankruptcy Deadline Appeal May Mean For Claimants

If the Third Circuit reverses a recent appeal made in In re: Promise Healthcare, litigation claimants within the c... (more story)

Conn. Bankruptcy Ruling Furthers Limitation Extension Split

A recent Connecticut bankruptcy court decision further solidifies a split of authority on whether Bankruptcy Rule ... (more story)

A 5th Circ. Lesson On Preserving Indemnification Rights

The Fifth Circuit's recent decision in Raymond James & Associates v. Jalbert offers an important lesson for credit... (more story)

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GPS Legal Co-Founder In HK Launches New Law Firm

An international arbitration lawyer and litigator who co-founded Hong Kong law firm Georgiou Payne Stewien has said he has left it to launch his own firm.

Anthem Wants Kwok Ch. 11 Trustee To Foot Mediation Bill

Anthem has objected to plans from the Chapter 11 trustee overseeing Chinese exile Ho Wan Kwok's estate to force it and hundreds of other avoidance action defendants into mediation, questioning the merits of th... (more story)

Judge Rejects Tehum's $54M Bid To Resolve Injury Suits

A Texas bankruptcy judge has rejected prison healthcare company Tehum Care Services Inc.'s $54 million settlement to resolve hundreds of personal injury suits while declining the claimant committee's request t... (more story)

Alleged Bankruptcy Fund Snatcher Had A Rap Sheet Of Fraud

Accused last week of trying to steal $1.8 million of bankruptcy funds from rightful claimants, Osakwe Ismael Osagbue allegedly submitted bogus applications for the unclaimed money while on probation for credit... (more story)

Creditors To Depose Giuliani In Ch. 11 Quest For Assets

Rudy Giuliani will be deposed by his Chapter 11 creditors beginning on Monday, according to a filing in a New York bankruptcy court.

Kevin Carey, Bankruptcy Bench 'Legend,' Dies At 69

Former U.S. Bankruptcy Judge Kevin Carey, who served on the Delaware bench for 14 years and was hailed as a "legend in the bankruptcy world," died Thursday at the age of 69.

Hornblower Gets OK For Creditor Vote On Ch. 11 Plan

A Texas bankruptcy judge on Friday sent Hornblower Holdings' Chapter 11 plan out for a creditor vote after hearing the cruise and tour operator had resolved creditor objections to its plan disclosure statement.

NJ Diocese Says Don't Stop Ch. 11 Plan For Insurers' Appeal

The Roman Catholic Diocese of Camden, New Jersey, and a committee representing sexual abuse claimants have urged a bankruptcy judge to deny insurers' bid for a long-term stay on implementation of the diocese's... (more story)

Pro Sports Leagues Balk At Bally Parent's Ch. 11 Plan

Three major U.S. professional sports leagues, whose games are broadcast by Bally Sports Network parent company Diamond Sports Group, criticized the company's Chapter 11 restructuring plan, saying it fails to p... (more story)

Syracuse Diocese Told Its Ch. 11 Plan Needs More Work

A New York bankruptcy judge Thursday told the Roman Catholic Diocese of Syracuse that its Chapter 11 plan disclosure statement needs another round of revisions to address objections by insurance carriers claim... (more story)

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Bridal Designer Seeks Conversion Of JLM Couture To Ch. 7

A bridal dress designer engaged in litigation with bankrupt dressmaker JLM Couture asked a Delaware court Friday to convert the company's insolvency case to a Chapter 7 liquidation, saying the costs of that on... (more story)

Canadian Trucking Co. Needs More Time For US DIP Approval

At a hearing Thursday in Delaware bankruptcy court, Canadian trucking company Pride Group was unable to reach an agreement on provisional approval of its debtor-in-possession facility that received the go-ahea... (more story)

Dallas Developers Must Each Pay Bond In $400M Foreclosure

A Texas appeals court on Thursday ordered developers to cough up more money as they appeal a ruling in a roughly $400 million foreclosure case involving an upscale residential tower in Dallas, saying that each... (more story)

Nogin Can Get Another $3M In Ch. 11 Cash To Get Plan Done

E-commerce company Nogin Inc. received permission Thursday from a Delaware bankruptcy court to draw another $3 million in Chapter 11 financing as it continues working toward implementing its court-approved restructuring plan.

Jury Frees Urban Outfitters From Trade Secrets Suit

Urban Outfitters on Thursday beat back a lawsuit from a bankrupt online fashion rental company claiming the retailer stole its proprietary information to set up a competing business, with a Philadelphia federa... (more story)

6th Circ. Says Firm Owes Insurer Part Of Defense Bill

A financial advisory firm's professional liability insurer had no duty to defend the company in underlying securities suits after underlying plaintiffs removed their common law violations, the Sixth Circuit ru... (more story)

Diamond Biz Says PE Firm Had 'No Intention' Of Paying Fees

A Canadian diamond polisher is suing the private equity owner of a lab-grown diamond company in Michigan federal court, arguing that Huron Capital Partners promised to help fund new facilities to process the d... (more story)

Mercon Coffee Eyes $10M Ch. 11 Sale Of Vietnam Biz

Mercon Coffee, one of the largest coffee suppliers in the world, has urged a New York bankruptcy judge to approve an agreement to sell its interest in its Vietnam export operations for around $10 million, reas... (more story)

Major Lindsey Wins Bid To Have Sex Assault Suit Arbitrated

A former Major Lindsey & Africa LLC employee's sexual assault lawsuit against the legal recruiting giant must go to arbitration, a New York state judge has decided.

Stinson Forms New Group Focused On Abuse Survivors

Stinson LLP said Monday that after resolving more Roman Catholic Church bankruptcies than any other firm over the past decade, it will be representing abuse survivors via a new practice group of more than 20 a... (more story)