Bankruptcy Archive » June, 2015

Bankruptcy - June, 2015

299 articles

• EFH Creditors Want Plan For Asbestos Claims Retooled
• Ex-Dewey Budget Head Says He Gamed Firm Expenses
• Greek IMF Default Not 'Another Lehman,' But Worries Linger
• Ex-Sullivan, Irell Attys To Sell $9.8M Home In Divorce
• Euro Banks Safe From Greek Crisis For Now
• Corinthian Judge Pushes Compromise In Collection Halt Bid
• Greece Debt Crisis Raises Specter Of Eurozone Exit
• Ex-Dewey Hotshots A Necessary Gamble For Prosecution
• The Playful, Plainspoken Prose Of Justice Elena Kagan
• Justice Thomas Lets His Dissents Do The Talking
• Boeing's Sanctions Bid Slammed In $350M JV Row
• Top Privacy Cases Of 2015: Midyear Report
• Backers Of $3.5B Baha Mar Resort Project Duck Into Ch. 11
• The 15 Biggest High Court Decisions Of The Past 15 Years
• A New Option For Restructuring Bonds?
• Boutiques Wipe The Supreme Court Floor With BigLaw Rivals
• Supreme Court Ends Term Sharply Divided
• Justices Pen More Dissents To Show Votes Aren't Political
• Madoff Trustee Attacks Banks' $800M Territoriality Tactic
• Three Justices Trusted With Most Controversial Opinions
• Trump Entertainment Wants To Duck NJ Gaming Payments
• Victory Healthcare Gets Green Light To Auction 4 Hospitals
• Howrey Creditors Sue Arent Fox Partner To Recover Funds
• High Court Won't Hear FirstPay Trustee's $28M Tax Appeal
• Greenberg Yanked Lifeline As Dewey Foundered, Jurors Hear
• Foreclosure Firm Owes $17M From Defunct Affiliate, Bank Says
• Chassix Creditors Want To Litigate Platinum Equity Claims
• $1.3B Lehman, Barclays Settlement Gets Judicial Nod
• CFPB Wants To Keep Files Away From Ex-Morgan Drexen Attys
• Lehman Claimant Lacks SIPA Customer Status, 2nd Circ. Says
• Revel Wins Ch. 11 Plan Confirmation After Forging Peace Deal
• Bankruptcy Court Can't Rule On CMS-Nursing Home Feud
• US Not Mulling Bailout For Puerto Rico, White House Says
• Top 15 High Court Class Action Rulings Of The Past 15 Years
• What Bankruptcy Trustees Need To Know About Bitcoin
• Jones Day Atty's Case Based On 'Illegal' Ch. 11: Fund Manager
• Corporate Attys Want More High Court Action After Slow Term
• Filing Class Actions Against Wage-Dodging Trucking Cos.
• Ex-Sullivan Atty Can't Prove Irell Husband Stole $20M
• Molycorp Judge Won't Bless $225M DIP
• Freedom Creditors Want Ch. 11 Plan OK'd To Speed Cleanup
• Dewey Trial Shows Email Can Be A Lawyer's Worst Enemy
• The Dewey Trial Report: Feuds, Finger-Pointing And F-Bombs
• 9th Circ. Asked To Overturn Stockton's Bankruptcy Plan
• Revel Strikes Deals With ACR, NJ Ahead Of Ch. 11 Hearing
• Dune Energy Locks Up Ch. 11 Plan Exclusivity Until October
• OAS Says Aurelius Suit Over Transfers Should Be Nixed
• Corinthian Students Say Stay Wouldn't Jam DOE Relief Plan
• Radical Bunny Leaders Can't Outrun $4.7M Restitution Appeal
• The Top 3 New Do's And Don'ts For Law Firm Websites
• A Battle In The Making: Second-Lien Vs. High-Yield Debt
• Nortel's US Arm Urges Courts To Revisit $7.3B Allocation Plan
• NJ Senate Approves Atlantic City Rescue Legislation
• Insiders Dish On Irell's Investments In $20M Divorce Trial
• USDA Takes Issue With Golden County's $22M Sale Plans
• Radnor Exec Urges 3rd Circ. To Kill Skadden's $4M Fee Award
• Ex-Dewey Partner Shifts Blame For Alleged $150M Bond Scam
• ConocoPhillips Fights Dune's Bid To Extend Exclusivity
• RadioShack Working On 'Peace Treaty' To Aid Ch. 11 Exit
• EFH Gets Breathing Room But Ch. 11 Fight Looms
• ResCap Lenders Can't Shake Breach of Contract Claims
• 2nd Circ. Won't Revive Dynegy Securities Fraud Class Action
• US's Sole Rare Earth Supplier Digs In For Chapter 11
• Retail Distress In The 2015 Buying Season
• Bankruptcy Avoidance Risks In Oil And Gas Transactions
• Ex-Sullivan Atty Targets Missing Cash In $20M Divorce
• Colt, Creditors Achieve Detente With New $75M DIP
• Wyly Family Tells 2nd Circ. Asset Freeze Bucks Ch. 11 Stay
• Calif. Bill Updating Fraudulent Transfer Law Heads To Gov.
• Patriot Coal Scores Win With Auction Plan Approval
• Egos, Emails And Expletives: Top 10 Dewey Trial Zingers
• Dewey Brass Took High Road After Nasty Emails, Jurors Hear
• Dewey Trustee Resolves $13M Clawback With Ex-Partner
• Revel Tenants' Leases Survive Ch. 11 Sale, Judge Rules
• Dentons Adds Health Care Expert And Bankruptcy Partner
• Del. Chancery Leaves Claims Alive In Law Firm LLC Scam
• Salus Maintains Push To Convert RadioShack To Ch. 7
• Collection Co. Loses Bid For $93M From Collapsed Telecom
• Insolvent Aussie Pharma Sued Over Painkiller's Flop
• Continuing Care Communities Reform Comes To Florida
• Ex-Sullivan Atty's $20M Divorce Case Shaky, Judge Warns
• The Global Hot Spots Of 2015
• Law360 Reveals The Global 20 Firms Of 2015
• The 5 Firms That Made The Biggest Global Gains
• Ambitious Global Firms Must Have Roots In These Cities
• Judge Casts Doubt On Stillwater's $50M Real Estate Suit
• Feds Slam Corinthian Students' Bid To Halt Collection Efforts
• Proskauer, Chadbourne Can't Ax Suit Over Stanford Scheme
• Verizon Settles US Bank Suit Over Costs In Idearc Spinoff Row
• US Bank Strikes $44M Deal To End Peregrine Class Action
• Ex-Dewey Atty Tells Of Curse-Filled Backlash Against Davis
• Chassix Wins Creditor Support With Modified Ch. 11 Plan
• What Happens If Greece Defaults?
• 11th Circ. Says Debtor Not Entitled To Estate Exemptions
• Ex-Sullivan Atty Defends Tax Minutiae In $20M Divorce Case
• Unsecured Howrey Creditors Fight Dewey, US Bank Claims
• Cal Dive Gets Nod For Auction, Lines Up $17M Stalking Horse
• Patriot Coal Execs' Accounting Not Fraudulent, 8th Circ. Says
• Trial Over Caesars Ch. 11 Start Date Delayed Until Oct.
• Denver Mining Co. Plunges Into Bankruptcy
• Colt Bondholders Object To Speedy Sale Of Gun Maker
• Ex-Dewey Partner Describes 'Fear And Greed' As Firm Bled
• Patriot Coal Says Quick Sell-Off Only Way Forward
• Karmaloop Gets Nod For Creditor Deal That Allowed Sale
• Revel Wants To Pull Plug On Nightclubs' Bid For Power
• Justices Pass On Chrysler's Dealer Law Preemption Dispute
• High Court Won't Hear Madoff Trustee's $2B Clawback Appeal
• Quadrant Sheds Light On Director Duties In PE Deals
• Dewey Defense, DA Locked In Dead Heat One Month Into Trial
• The Dewey Trial Report: Bad Language, Booze And Big Shots
• Madoff Trustee Reaches $140M Settlement With Plaza
• Feds Call Out Liability Issues In Altegrity's Ch. 11 Plan
• Revel Owner Orders Energy Supplier Off NJ Property
• Bankruptcy Attys Likely Stuck With Baker Botts Fee Ruling
• Congress Overstepped In Chrysler Dealer Law, Justices Told
• Egenix Gets Nod For $4M Auction Led by Stalking Horse
• CFTC Ends MF Global Metals Manipulation Suit
• How Baker Botts Fee Ruling Will Impact Bankruptcy Practice
• Why Lateral Candidacies Fail
• Driller BPZ Urges Ch. 11 Judge To Stretch Exclusivity Period
• Dewey Default Left Partners Holding The Bag, Banker Says
• Bankrupt Variant's Equity Holders Challenge $205M Sale Order
• Calif. Air Regulator Defends $80M Exide Enforcement Action
• Texas Fights For $43M In Unused RadioShack Gift Cards
• The For-Profit School: A Bankruptcy Trend Worth Watching
• Porter Hedges Adds Ex-King & Spalding Bankruptcy Pro
• NII's Ch. 11 Reorganization Plan Gets Nod From Judge
• 2 Minority Views From The Top Of BigLaw
• Ex-Sullivan Atty Says 3,000-Hour Years Blinded Her To Theft
• Ky. Bank's Parent Co. Hits Ch. 11 Over $40M Debt
• Standard Register Gets Nod For $307M Sale To Taylor
• Glendale Wants Funds From NHL's Coyotes' Trust Account
• Dewey Jury Told Of Rainmaker's Fury Over Collection Target
• Texas Gov. Signs Bill Raising Bar On Asbestos Claims
• Tribal Gaming Co. Wants Intervenors Out Of Sale Dispute
• Riker Danzig Wins Priority Ruling In NJ Mortgage Row
• 9th Circ. Skeptical Of Creditor's Position In Atty Fee Fight
• Revel Creditors Want False Ad Class Action Blocked
• 5th Circ. Provides Clarity On Ch. 15 Litigation Management
• Ex-Sullivan Atty Says Tax Docs Show Irell Ex Stole $20M
• Caesars Faces $6.3B Suit From Trustee Over Restructuring
• RadioShack Wins Nod For $50M Real Estate Sale
• Colt Poised For Bankruptcy Showdown With Bondholders
• Dewey Client Manager Berated For Not Hustling Up Money
• Chassix Fights Transmission Co.'s $1B Claim In Ch. 11 Vote
• Supreme Court Term A Roller Coaster For Bankruptcy Attys
• Liberty Medical Makes Push For Ch. 11 Plan Confirmation
• Pollution Suit Will Have To Wait For Patriot Coal Bankruptcy
• What 9th Circ. Did And Did Not Address In Adamson Apparel
• Garlock Asbestos Claimants Fight Over Ch. 11 Voting Power
• Fed-Up Judge Kicks Coudert-Dechert Tiff To Bankruptcy Court
• Stradley Ronon Says Santander's Claims Can't Top $15M
• Boeing Says JV Partners Must Pay $350M They Owe
• Ex-Sullivan, Irell Attys Trade Barbs In $20M Divorce Trial
• NII Warns Bankruptcy Plan Denial Could Doom Company
• O'Melveny Wins Bid To Arbitrate Aletheia Malpractice Claims
• High Court's Fee Ruling Disarms Debtor Attorneys
• Dewey Staffer Tells Of Spat Over Payments To Ex-Chair Davis
• Standard Register Discloses An Offer Topping $275M Floor Bid
• Lawyers React To Justices' Ruling In Baker Botts Fees Case
• Golden County Foods Gets Nod For $22M Auction Plan
• Union Blasts Patriot Coal's Stalking Horse Request
• Tips To Avoid Conflicts When Hiring In-House Lawyers
• RadioShack Reveals Ch. 11 Plan That Will Likely Short IRS
• High Court Urged To Mull Aggrieved Standing In Bankruptcies
• Colt Hits Ch. 11, Says It Needs To Sell Quickly
• High Court Puts Bankruptcy Attys On Hook For Fee Disputes
• Expert Testimony Restricted In $312M Refco Suit
• Trustee Needs Hearing To Pay Taxes On Ch. 7 Estate: 9th Circ.
• Judge Nixes K&L Gates Oil Co. Bankruptcy Malpractice Suit
• DC Metro Wireless Installer Sues Telecoms Over Unpaid Work
• The Dewey Trial Report: High Pay, Perks And Mean Bosses
• The Billion-Dollar Battles Still Looming In Lehman
• Dewey-Era Decadence Still Alive And Well At BigLaw
• Defunct ECOtality's Brass Hid Woes With DOE, Investors Say
• GM Ignition Switch Plaintiffs Call Stay 'Despotic' Move
• Life Partners Trustee Created His Own Mess: Interest Holders
• Allied, Creditors Blast Yucaipa's Bid To Delay Ch. 11
• Why Law Firms Collapse
• Ex-Dewey Controller Says He Was 'Backed Into A Corner'
• Ex-Sullivan, Irell Partners Face Off In $20M Divorce Trial
• Houston Network Says Comcast Drove It Into Bankruptcy
• Optim Energy Fights To Keep Control Of Ch. 11
• US Trustee Objects To Sealing $355M Oil Train Crash Deal
• Barton Blocks Defamation Suit Against CDC Atty: 11th Circ.
• Harassment Suits Against Bankrupt Xinergy Get Green Light
• Exide Wants Baton Rouge Sanctioned For $2M Tax Claims
• Ex-Lehman, Barclays Employee Fights For $2M Bonus
• Dechert Sued By Bottle Maker Over Ch. 11 Exec. Pay
• 3rd Circ. Won't Revive Disbarred Atty's Bankruptcy
• Dealers Say Chrysler Distorts 6th Circ.'s Preemption Ruling
• How Landlord Rejection Damages Are Capped: Del. Weighs In
• KPMG Can't Nix Fraud Suit Over Ex-Rangers Owner Audit
• Madoff Trustee Slams Territoriality Bid In $42M Clawback Row
• Boomerang Tube Gets Interim Nod For $145M DIP Package
• NJ Casino Officials OK Icahn's Ownership Of Trump Taj Mahal
• Dewey Controller Details Fraud At Struggling Firm
• Connell Foley Opens Office In Newark, NJ
• Lehman Seeks Protection From European Guarantee Claims
• DLA Piper Snags Latham Real Estate Finance Veteran In NY
• Ex-Thelen Partner Loses Fight Over Cash Advance Clawback
• IRS, Ex-Employees Blast Liberty Medical's Ch. 11 Plan
• Chassix Creditors Demand Changes To 'Lopsided' Ch. 11 Plan
• Recent Unitranche Issues In RadioShack Bankruptcy Case
• 5th Circ. Subordinates Guaranty Claims
• Quebec Oil Train Derailment Settlement Grows To $345M
• Convicted InnoVida Exec Tells 11th Circ. US Didn't Prove Case
• Tribe Entitled To Immunity In $177M Casino Bankruptcy Row
• Emails In Dewey Trial Show Firm Sinking Under High Atty Pay
• RadioShack Gets OK For Data Sale Deal With Verizon, AT&T
• Madoff Feeder's $75M Settlement OK'd Despite Objections
• Spat Over San Bernardino's CalPERS Payouts To Be Appealed
• Colt May Pull Trigger On Ch. 11 If Bond Exchange Misfires
• $68B In Lehman Bankruptcy Claims Still In Play, GC Says
• Wyly Wants $650K Per Month For Bankruptcy Lawyers
• UK Court Says Ex-Dewey Partner Must Repay $540K Loan
• Deal Talks Over LightSquared Collapse End In Stalemate
• Boomerang Tube Hits Ch. 11 Planning $214M Debt-Equity Swap
• GM Fights Ignition Switch Plaintiff's Plea To Escape Stay
• KiOR Wins Nod For Ch. 11 Reorganization Plan
• US Trustee Objects To Allied's Ch. 11 Plan Disclosure
• Ex-Revel Energy Provider Accuses Casino Of 'Gamesmanship'
• The Intersection Of Bankruptcy And Complex Litigation
• Defunct Streaming Service Aereo Gets OK For Ch. 11 Plan
• KiOR Ch. 11 Plan Fails To Secure Confirmation For Now
• Dewey Defense Begins To Rebut 'Fake Income' Email
• Ex-Howrey, Dewey Partners Strike Deal With Creditors
• Standard Register Unsecured Creditors Can Sue Silver Point
• NII CEO Says Co.'s Future In Doubt If Ch. 11 Plan Fizzles
• Justices Deny Mich. Appeal Of Delphi Workers' Comp Ruling
• E&Y Says Omnicare Dooms Opt-Out Suits In Lehman Litigation
• HDL Vows To Emerge After Litigation Forces Ch. 11 Filing
• Insurer Must Cover ATP's Deepwater Horizon Defense
• IRS Distorting Bankruptcy Law On Late Taxes, Justices Told
• Jones Day Says Hedge Fund Chief's Suit Violates Bankruptcy
• High Court Won't Hear Post-Ch. 11 Fees Bid Appeal
• Automaker Slams 6th Circ. Preemption Ruling At High Court
• German High Court Limits Insolvency Options For Sponsors
• Argentina Ordered To Shell Out $5.4B To Bond Holders
• Tales Of Culture Clash At Dewey Highlight Merger Pitfalls
• Bankrupt Ex-Dewey Partner Reaches $400K Deal With Trustee
• Bankrupt Variant Gets Nod For Reduced $205M Sale
• Pilfering Lawyer's Weed Win Goes Up In Smoke In 9th Circ.
• Madoff Trustee Urges High Court To Hear $2B Clawback Suit
• Ex-IEAM VP Not Covered For Stock Scheme, 3rd Circ. Affirms
• PREPA Creditors OK 2 More Weeks For Default Avoidance Deal
• RadioShack Wins Nod For $26M Customer Data Sale
• Lehman Trustee Strikes $1B Deal To End Barclays Asset Fight
• Wellness V. Sharif Raises A $920M Question
• 14 Ex-Howrey Partners Pay, Give Up Claims In Clawback Deal
• Variant Equity Holders Propose Alternative To $205M Sale
• Lyondell Brass Beat Appeal Over Bankruptcy Suit Coverage
• The Dewey Trial Report: Week Two
• Ex-Revel Energy Provider, IGT Rip Latest Ch. 11 Plan
• NII Witness Says Ch. 11 Plan Detractors To Pocket The Most
• LightSquared Injunction Against Ergen Draws Fire
• REBUTTAL: A Distorted View Of Asbestos Litigation Reality
• Exide Wants Calif. Air Regulator Sanctioned For New Claims
• Universal Health Trustee Settles $1.2M Transfer Claims
• Caesars Says Creditor Suits Would Bankrupt Parent Co.
• JPMorgan Ducks Some Liability Over Shoddy WaMu Mortgages
• Embattled Morgan Drexen Has A Suitor, Trustee Says
• Jones Day, Seyfarth, Others Beat $20M Howrey Clawback
• Dewey Partners Say Firm Cheated Them Out Of Capital
• NII Boss Goes To Bat For Ch. 11 Plan Amid Creditor Flak
• Salus Wants To Force RadioShack To Convert To Ch. 7
• Unsecured Creditors Blast EFH's Request For Protective Order
• Patriot Coal Picks Blackhawk As Stalking Horse In Ch. 11
• Is Your Overriding Royalty Interest What You Think It Is?
• 3rd Circ. Paves Way For Rising Structured Dismissal Use
• Madoff Trustee Cleared To Pursue Hundreds Of 'Net Winners'
• Sprint To Pay $20M To RadioShack To End Contract Disputes
• Nortel Judge Says He Can't Rule On SNMP's Avaya Claims
• Exide Unsecured Creditors Launch $20M Clawback Blitz
• Dewey Trial Gets Heated With Ex-Partner On Stand
• 5th Circ. Won't Revive Malpractice Suit Against Texas Firms
• Dendreon Gets Nod For Ch. 11 Liquidation Plan
• NII Bondholders Continue Attack On Ch. 11 Plan
• High Court Win Is No Cure-All For Subordinate-Lien Market
• Patriot Coal's $100 Million Bankruptcy Loan Takes Heat
• Atty In ThinkFilm Bankruptcy Fight Suspended 2 Years
• Caesars Creditors Slam Bid To Shield Parent From Suits
• Child Tax Credit Off-Limits In Ch. 13 Case, 8th Circ. Says
• Boeing Exploited Us, Ex-Soviet JV Partners Say In $350M Fight
• Ex-Telecom Head Asks 1st Circ. For IRS Evidentiary Hearing
• LightSquared Gets Nod For $1.75B Exit Financing
• It's Time To Fix NYC's Broken Asbestos Litigation System
• 5 Insights From Schneider Electric GC Peter Wexler
• A Look At The Friendly Foreclosure Option
• EFH Wins Extra Exclusivity Despite Creditor Pushback
• High Court Takes Ch. 7 Lifeline From Underwater Debtors
• Dewey Jury Hears Of Culture Conflict At Merged Firm
• Chassix Creditors Seek Deposition Of Key Execs
• Ill. Senate Approves Bill To Lower Pension Obligations
• Sly Stone's Ex-Manager Sues To Claw Back Living Expenses
• Revel Says NJ Isn't Owed $15M For Job-Creation Tax Credit
• Madoff Trustee Claws Back $35M From Merkin Funds
• Justices Say Debtors Can't Ditch Underwater Loans In Ch. 7
• Dealing With Fractional Oil, Gas Interests In Bankruptcy