Bankruptcy Archive » January, 2016

Bankruptcy - January, 2016

250 articles

• Shkreli Defeat Points To Complicity Of Kaye Scholer Atty
• Bankrupt Real Estate Co. Denied Broad Creditor 'Timeout'
• Brown Rudnick Denied Fee Fight Costs In Boomerang Ch. 11
• Ukrainian Steel Co. Gets Temporary Creditor Shield In U.S.
• PREPA Tells High Court Wave Of Suits Coming If No Debt Help
• KaloBios Trustee Protests Hiring Of Morris Nichols
• Japanese Bank Disputes Involvement In Mt. Gox Bitcoin Fraud
• Molycorp Digs In On Bloomberg Bid For Leak Report Changes
• Samson Seeks Nod On Executive Bonuses Amid Departures
• Examiner To Be Named In Zucker Goldberg Chapter 11
• Puerto Rico Gov. Says Creditors Being Offered Debt Swap
• Bankruptcy DQs Whistleblower From FCA Suit, Court Told
• Expectation Damages Now A Real Possibility In Delaware
• Real Estate Conglomerate Looks For 'Timeout' With Creditors
• Quiksilver Wins OK For Ch. 11 Plan, Avoids Court Fight
• Kramer Levin Tapped To Rep Arch Coal Creditors' Committee
• HSBC Off Hook In Madoff Asset Freeze Fight, NY Court Says
• Brazilian Court Gives OAS Restructuring Plan Green Light
• 3rd Circ.'s Trump Ruling A Blow To Labor In Ch. 11
• SIGA Shareholder Blasts Ch. 11 Plan Over Creditor Treatment
• Fla. Atty Pleads Not Guilty To Embezzlement As Ch. 7 Trustee
• Atlantic City Emergency Manager Defects For Consulting Job
• 9th Circ. Says Absolute Priority Applies To All Ch. 11s
• Some Clarity On Madoff Recovery Calculations
• Cicero On Legal Advocacy
• Puerto Rican Utility Extends Deadline With Creditors
• Shkreli Emails To Kaye Scholer Atty Not Privileged: Judge
• Wylys Deny Fraud As $2.2B Tax Trial Comes To A Close
• Circuit City Settles With Technicolor And Others In CRT MDL
• Verso Gets Nod To Tap $550M In Bankruptcy Financing
• Boomerang Tube Ch. 11 Plan Confirmed On 2nd Try
• KaloBios Says Proposed Bonuses Won't Go To Shkreli
• Defunct Metal Co. Says $33M Coverage Row Best Left For Jury
• Ex-Texas Bankruptcy Judge Sets Up Shop At Shannon Gracey
• Senate Dems Pressure GOP On Puerto Rico Bankruptcy Option
• Bankruptcy Group Of The Year: Weil Gotshal
• Thelen Trustee Gets Nod On $4M Settlement Over Terminations
• Legal Fees Trumped By $1M Tax Claim, 4th Circ. Says
• 4 Ways To Improve The Business Intake Process
• The ABCs Of Bankruptcy Filing By Assignees And Receivers
• Federal Rule Changes Should Not Affect Subpoena Practice
• Bankruptcy Group Of The Year: Skadden
• Investors Say F-Squared Can't Nix $1.5B Claim In Ch. 11
• Suspended Fla. Atty Charged With Stealing As Ch. 7 Trustee
• John Crane Wants Crack At Asbestos Settlement RICO Claims
• Chrysler Blasts Sanctions Bid In Dealer Agreement Row
• Sabine Oil & Gas Submits $2.9B Restructuring Plan In Ch. 11
• NJ Officials Reach Deal With Christie To Avoid AC Bankruptcy
• Boomerang Says Meta-Fee Issue In Ch. 11 Plan Resolved
• US Says Andorran Investors Can't Sue Over Failed Bank
• Paper Maker Verso Seeks Ch. 11 To Reduce $3.9B Debt
• Feds Say SEC Suit Should Wait For Shkreli's Criminal Case
• Relativity Ends Manchester Dispute Ahead Of Ch. 11 Hearing
• Trump Ruling Strengthens Employers' Hand In Bankruptcy
• JPMorgan Agrees To Pay $1.42B To End Most Lehman Claims
• Santa Fe Gold Cancels Ch. 11 Auction, Names Waterton Buyer
• Oaktree Rips Paul Hastings' $1M Bill In Molycorp Probe
• Quicksilver Picks $245M BlueStone Bid For Oil, Gas Assets
• Fla. Judge Axes Malpractice Row Brought By Doc's Trustee
• EFH Gets Nod On Alcoa Settlement It Valued At $300M
• Bankruptcy Group of the Year: Proskauer
• Amid Pushback, Relativity Says It Has $100M For Ch. 11 Exit
• American Apparel Ch. 11 Plan OK'd, Charney Bid Rejected
• Williams & Connolly Accused Of Overbilling Bankrupt School
• 6th Circ. Case Offers Lessons For Lenders And IP Licensees
• Some Quiksilver Creditors Blast Retailer's Ch. 11 Plan
• Zucker Goldberg Creditors Fight Bid To Extend Exclusivity
• Netflix, Others Challenge Relativity's Ch. 11 Plan
• Feds Take Issue With Bankrupt Swift Energy's $49M Sale
• Empire Land Execs Lose $20M Coverage Bid At 9th Circ.
• Ex-Gov. Beshear Returns To Old Ky. Home: Stites & Harbison
• Judge Limits News Leak Hunt In $1.9B Molycorp Ch. 11
• 3 Traits Of Best-In-Class General Counsel
• Cos. Want PE Row Over $565M Judgment Tossed
• Bankruptcy Group Of The Year: O'Melveny & Myers
• Kirkland's Fees On Energy Future Ch. 11 Nearing $150M
• Samson Landowners Want Special Committee In Bankruptcy
• Bankruptcy Group Of The Year: Kirkland & Ellis
• Charney Takes Stand In American Apparel Ch. 11 Plan Row
• Wyly Tax Fraud Trial Likely To Warrant Opinion, Judge Says
• 5th Circ. Affirms Secured Lender Surcharge
• 'Old School' Tools May Hinder Attorney Collaboration
• Trustee Fights Meta-Fee Provision In Boomerang Ch. 11 Plan
• Mattel Beats Greg Norman With $21.5M Bid For Tablet Co. Fuhu
• Judge Orders Arrest Of Fla. Jeweler In $12M Investor Row
• US Drops Opposition To Argentine Development Bank Lending
• Judge Pans Industry's Bid To Weigh In On Lehman Swap Suit
• Atlantic City Officials To Talk Bankruptcy On Tuesday
• Caesars Judge Rips Kirkland Attys For Phone Use At Hearings
• American Apparel Grapples With Charney In Ch. 11 Plan Push
• FTI Gets Nod On Relativity Fees, Hurdles Remain In Ch. 11
• NJ Man Gets 30 Years, $14M Fine In Scarfo-Led Scheme
• Fla. Bankruptcy Judge Jails Atty Over Trust Fund Accounting
• Despite Talk, Atlantic City Has No Easy Route To Bankruptcy
• Primorsk Lender Questions NY Ch. 11 Venue
• Judge To Hear Bloomberg Objections To Molycorp Leak Hunt
• Tablet Maker Fuhu Faces Hurdle To $10M Ch. 11 Sale
• 6 Types Of Legal 'Mumbo-Jumbo' Attorneys Must Avoid
• Bankruptcy Group Of The Year: Jones Day
• Texas High Court Takes Up $1.7M DLA Piper Negligence Row
• Insurers' Oil Rig Coverage Trial Win Upheld By 5th Circ.
• Freddie Mac Ends $1.3B Taylor Bean Suit Against Deloitte
• NY Court Won't Revive Madoff Investor Suit Against KPMG
• Atlantic City Considers Bankruptcy As Aid Package Vetoed
• Justices Won't Eye Ruling To Keep Ch. 15-Linked Suit Federal
• Molycorp Ch. 11 Judge Won't Delay Hunt For Bloomberg Leaks
• Insurers Don't Owe For Post-Explosion Evacuation: Judge
• Greenberg Traurig Malpractice Suit Tossed By Calif. Court
• Dewey's Zachary Warren Headed For A March Trial
• New Gulf Trims Ch. 11 Fund Request After Objections
• Bankruptcy Group Of The Year: Jenner & Block
• Bankrupt WTC Contractor Gets Nod For Stopgap Financing
• SDNY's Avoidance Law Unsettled After Lyondell
• NJ Justices Urged To Ax Award Over Settlement Clawback
• Dechert To Pay $1M In Capsule Bankruptcy Malpractice Row
• 5 Insights From Sharp Electronics Deputy GC Deborah Tyler
• Tamara Mellon Brand Wins Ch. 11 Plan Confirmation
• Hedge Fund Urges Justices To Let It Fight $7B Tribune Plan
• Akerman Nabs 2 Baker McKenzie Bankruptcy Pros
• Takeover Proposal Puts Atlantic City On Notice
• NML Takes $3.5B Argentina Debt Battle To High Court
• KaloBios Creditors Ease Demands After Shkreli Pulls Back
• Dewey Execs Renew Bids To Ax Case Ahead Of 2nd Trial
• Treasury Secretary Says Puerto Rico In 'Economic Collapse'
• Miss. Casino Co. Bogs Down In Bid To Escape Forced Ch. 7
• Bankruptcy Group Of The Year: Debevoise & Plimpton
• GE Capital Says Living Will Shows It Won't Pose A Threat
• Bankruptcy Court Won't Hear Altegrity's $25M Okla. Tax Row
• American Apparel Accuses Ex-CEO Of Undermining Ch. 11
• 3rd Circ. Lets Trump Taj Mahal Nullify Labor Pact
• Oil Co. Chided For Trying To Slip Out Of Arbitration
• Dewey Trial Star Witness In Settlement Talks With SEC
• Hospital Can't Revive 2 Meningitis MDL Bellwether Cases
• Molycorp Tweaks Deadlines In $1.9B Ch. 11, Judge Hunts Leak
• K&L Gates Pushes Court To Toss Claims Of Abetting Breach
• Holland & Knight Snags Katten's NY Restructuring Head
• Gibbons Hit With DQ Bid In Superfund Row
• In Tax Trial, IRS Says Wyly Fudged Returns To Duck Audit
• Law Firm In Massey Deal Is Bankrupt, Facing Client Suits
• Caesars Contests Release Of Report On $30B PE Buyout
• Hovensa Liquidation Plan Gets Backing From Creditors
• Driller OGI's $2.6B Ch. 11 Plan OK'd After Challenge Fails
• F-Squared Ch. 11 Plan OK'd, But Bid To Nix $2B Claim Looms
• Citibank Sues Ex-Dewey Chair Davis Over Unpaid Loan
• Lehman 401(k) Plan Held 'Disastrous' Stock, 2nd Circ. Told
• Boeing Foe's Deposition Requests OK'd In $1B Contract Fight
• Ex-American Apparel CEO Charney To Testify At Ch. 11 Trial
• Caesars Decision Expands The Nondebtor Stay
• Citibank Gets OK To Go After NYC Taxi Mogul's Real Estate
• Ukrainian Steel Co. Cites Russian Conflict In Ch. 15 Bid
• GTAT Says Insurer Undervaluing Wrecked Sapphire Machines
• Supreme Court Casts Doubt On Puerto Rico Sovereignty
• Sabine Fights Creditors' Bid To Sue Over Forest Merger
• Franklin Templeton Drops Last Stockton Ch. 9 Challenge
• Restructuring Veteran Jumps To Robins Kaplan Amid NY Push
• PE Buyer Nabs AED Maker Cardiac Science In Ch. 11
• Gift Card Holder Rights In US And UK Retail Insolvencies
• Pipe Maker PSL Wins Confirmation Of Ch. 11 Plan
• BigLaw 2016: A Look Ahead
• KaloBios Judge Freezes $5.4M Over Investor Lawsuit
• Quiksilver Sees $20M More For Exit Financing
• 9th Circ. Won't Lift Sanctioned Ski Club Founder From Jail
• NJ Senate Prez Eyes State Takeover Of Atlantic City Finances
• Wyly Says Offshore Trusts Not Secret In $2.2B Tax Trial
• Sabine, Lenders Urged To Mediate Suit Over $650M Lien
• Nixon Peabody OK'd As Adviser In Taylor-Wharton Ch. 11
• Quinn Emanuel Nabs Trial Partner From Kirkland & Ellis
• Nasdaq Suspends KaloBios After Shkreli Arrest
• Puerto Rican Utility Says Ch. 9 Option Would Avert Litigation
• Ex-Miller Energy Exec Reaches Deal To Resolve SEC Suit
• Lehman Dodges Suit Over Firing, Unpaid Bonus In 2nd Circ.
• Is There Such A Thing As 'Bankruptcy-Proof'?
• Bankruptcy Limits GM Liability In Switch Case, Jury Told
• Colt Gets OK For Bid To Rework Ch. 11 Plan
• High Court Won't Review Bankruptcy 'Fees-On-Fees' Ruling
• Sherwin Alumina Files For Ch. 11 Amid Price, Labor Pressure
• 'Real Housewives' Husband Avoids Contract Fraud Claims
• New GM Fights To Keep Liability Wall In Ignition Switch Cases
• In $2B Tax Fraud Trial, Wyly Admits He Weighed Expatriation
• Magnum Hunter Shareholders Fight Ch. 11 Plan To Trim Value
• Duane Morris Lures Thompson Hine Duo To Trial Group
• High Court Passes On Appeal Over Student Loan Discharge
• Creditors Object To NJ Law Firm's Liquidation Plan
• Burr & Forman Opens In Jacksonville With Rogers Towers Trio
• Bankrupt Relativity Settles $3M Sony Claim Over Film Rights
• Justices Again Shut Down Goldman & Rosen Malpractice Suit
• American Apparel Stakeholders Back Ch. 11 Plan
• Arch Coal Files For Ch. 11 With $4.5B Debt Plan In Hand
• 7th Circ. Deals Blow To BNY Mellon In $312M Bankruptcy Row
• Dewey Execs Gamble On Retrial In Face Of Felony Convictions
• Taylor-Wharton Defends Bid To Retain Nixon Peabody
• $1.9B Molycorp Ch. 11 Plan Stumbles Over 'Death Trap' Deal
• In $2.2B Tax Trial, Wyly Wanted IRS To 'Put Up Or Shut Up'
• Coats Rose Merges With Dallas-Based Wright Ginsberg
• Ex-American Apparel CEO Charney Backs $200M Takeover Bid
• Skadden's $4M Fee In Radnor Ch. 11 Preserved Again
• New York City Opera Nearing Exit From Bankruptcy
• Relativity Creditors Fight $4.8M FTI Consulting Fee
• Puerto Rico Sued By 2 Bond Insurers Over Default
• House Passes 'Class Action Fairness' Bill
• 6 Steps To Becoming A Superior Supervising Attorney
• Defiant Dewey Execs Refuse Deals, Head For New Trial
• Wyly Defends Offshore Trusts In $2.2B Tax Fraud Trial
• Condo Can Sue Receiver Over Lease Deals, Fla. Court Says
• Fast-Paced $2.6B OGI Ch. 11 Shaken By Demand For Delay
• Atlantic City Rescue Bills Move Closer To Law
• Crane Operator Seeks Ch. 11 After $96M Judgment
• Funds Tell 2nd Circ. JPMorgan, Others Fueled $1B Refco Scam
• KaloBios Investors Sue Over Shkreli Arrest
• IRS, Texas Taxmen Oppose American Apparel Ch. 11 Plan
• White House Threatens Veto Of 'Class Action Fairness' Bill
• Madoff Feeder Suit Ends With $55M PwC Settlement
• Caesars Digs In On Fight Over Asset Transfer Docs
• Mandarin Oriental To Pay $140M For Boston Luxury Hotel
• Tablet Co. Fuhu Gets Better Offer From Golfer Greg Norman
• Lender Wants $5M Interest Order Enforced Against Fla. Hotel
• IRS Slams Wyly Offshore Scheme In $2.2B Tax Fraud Trial
• Fighting Between Molycorp And Creditors Heats Up Again
• MF Global Responsible For Own Downfall, PwC Says
• Lehman Goes After Standard Pacific For Mortgage Losses
• Bond Trustees Can't Score Win In $7B Caesars Debt Row
• New Bankruptcy Judge Placed On The Bench In Colorado
• Wells Fargo Fights Sabine Creditors' Professional Fees
• Colt Forced To Rework Ch. 11 Plan After Sciens Default
• Stay Violators Now Face Strict Liability In 9th Circ.
• 3rd Circ. Dragging Heels On Trump Casino Decision: Atty
• IRS Could Win Big In Wyly's $2.2B Tax Claim Trial
• Swift Energy Gets OK To Tap Part Of $75M Bankruptcy Loan
• Molycorp Tells 2nd Circ. To Leave Bankruptcy Stay Untouched
• Ex-NJ City Water Agency Official Admits To Kickback Scheme
• Hovensa Given More Breathing Room In Ch. 11
• REIT Sued Over $41M Write-Down On Puerto Rico Hotel Loans
• EFH Settles Spat With Alcoa Over Smelting Facility
• Snell & Wilmer Says Racketeering Suit Is Still Deficient
• 11th Circ. Restricts Equitable Mootness
• 2nd Circ. Again Revives $85M Statek Claim Against Coudert
• Chancery Sends Auto Sales Loan Collateral Suit To Ukraine
• Quiksilver Bankruptcy Ordered Into Mediation With Creditors
• $16M Russian Loan Awards Should Be Nixed, Court Told
• Bankrupt Wireless Co. Says FCC Wrongly Resold Its Licenses
• Boomerang Seeks Another Ch. 11 Exclusivity Extension
• Relativity's Ch. 11 Plan Gets Creditors Committee Backing
• EU System To Prevent Taxpayer Bank Bailouts Takes Effect
• American Standard Energy Sues 2 Directors For Fraud
• Madoff Trustee, Vizcaya Partners Reach $25M Accord
• Swift Energy Latest To Join Oil Sector Rush To Ch. 11
• Dechert Picks Up Global Restructuring Pro From DLA Piper
• States Urge High Court To Back Truckers' Bankruptcy Claim
• KaloBios Can Pay Workers, But Shkreli Barred Money
• More Tough Times Ahead For The Energy Industry