Bankruptcy Archive » March, 2016

Bankruptcy - March, 2016

336 articles

• SunEdison Hit With DOJ Subpoena Over Failed $2.2B Merger
• Spanish Firm, U.S. Units Get 1st OKs In Del. Bankruptcy
• Creditors Say Sports Authority Doesn't Need $595M DIP Loan
• Hogan Lovells Adds 4 Partners For Australia Growth Bid
• Noteholders Fight Momentive Bankruptcy Plan In 2nd Circ.
• Bankrupt RCS Seeks To Unload Majority Stake In Docupace
• Magnum Hunter Must File Suit To Ditch Midstream Contract
• Remington Wins Review Of Army Rifle Contract To Colt
• NJ Assembly Members Blast Christie's Atlantic City Stance
• Stern & Eisenberg Wants Lawyer's Docs In Malpractice Suit
• Ex-Lehman Employees Can't Revive $200M In Stock Claims
• Kirkland, Winston & Strawn Seek $26.8M In Caesars Ch. 11
• 1st Circ. Says Ex-Telecom Head Can't Escape IRS Summonses
• High Court Request Bodes Well For Madden Review
• Shifting The Law Firm Business Development Paradigm
• AgFeed Judge Says CEO's Pay Bid Hinges On Breach Claims
• Implications Of Trenk Dipasquale V. Industrial Urban
• 7th Circ. Drills Casino Investor On $16M Centaur Clawback
• Casino Can't Nix Firm's Suit Over Ex-Partner's Gambling Debt
• Bankrupt Ky. City Reaches Repayment Deal
• Swift Energy Overcomes Objections To Get $905M Plan OK'd
• 11th Circ. Says Tax On Late-Filed Forms Not Dischargeable
• $14M In Detroit Bankruptcy Claims Punted Back To City
• Valeant Seeks Breathing Room From Lenders
• Law360 Names Top Attorneys Under 40
• Variant Can Solicit Creditors On $200M Liquidation Plan
• Molycorp Wins Confirmation Of $2.2B Ch. 11 Plan
• Foresight Energy Gets Breathing Room With Noteholders
• E-Filing Incompetency Leads To Censure For Okla. Atty
• Kirkland Helping SandRidge Energy Mull Ch. 11 Bankruptcy
• The Risks Associated With Underfunded Pensions
• Del. Judge Goes Full Bore On Molycorp Ch. 11 Hearing
• 'Frivolous' Defamation Suit Against Morrison Cohen Tossed
• Spain's Abengoa Seeks Quick US Ch. 15 Recognition
• Madoff Trustee, Legacy Capital Battle Over $220M Clawback
• Bankrupt Haggen's $106M Store Sale To Albertsons OK'd
• 2nd Circ. Says FirstBank Can't Claim $62M Lehman Collateral
• Magnum Hunter Ch. 11 Midstream Fight On Tap Soon
• New Gulf's Ch. 11 Settlement With ENXP OK'd In Texas
• SunEdison Teetering On Bankruptcy, Yieldco Says
• SEC Bars Ex-Lawyer Convicted Of $12M Mafia Scheme
• Ex-Madoff Aides Accuse US Of Misconduct In 2nd Circ. Appeal
• The Art Of Normalization In Business Valuation
• Trustee Sues To Deny Ch. 7 To Cash-Stashing 'Porn Troll'
• Insurer Wins $63M Coverage Fight Over Architecture Firm's IP
• New Gulf Reaches Ch. 11 'Cease-Fire' With Venture Partner
• USA Discounters' Creditors Blast Attempt To Challenge Liens
• Citing Key Pacts, Molycorp Sees Opening For Final Ch. 11 OK
• Billionaire Kelcy Warren Sued Over $20M Cancer Center Loan
• 75% Of Abengoa's Creditors Give Boost To Restructuring
• Magnum Seeks Ch. 11 Plan Delay Amid Equity, Pipeline Spats
• Former CEO Says Bankrupt AgFeed Holding Back His Pay
• RCS Advisory Arm Hits Ch. 11 As Part Of Restructuring
• WTC Contractor Gets Nod On $9M Sale To Banker Steel
• Holland & Knight Says Inofin Is Liable For Its Own Losses
• Best Practices For Landlords After Quick Lube
• Mindless Lawyering: Is Doc Review 'The Practice Of Law'?
• 5 Fiery Lines In 9th Circ. Judge Bybee's Bankruptcy Dissent
• Molycorp Sells Calif. Mine's Mineral Rights To Creditors
• Bankrupt Law Grad Needn't Repay Citi Loan, Judge Says
• ERISA Doesn't Entitle Bankrupt Employer To Fees: 9th Circ.
• Oil Co. Trims $2.2B Worth Estimate In Ch. 11 Disclosure
• Red Bluff Wins Ch. 11 Auction For Osage With $8.4M Bid
• Feds Urge 2nd Circ. To Let Argentina Settle With Bondholders
• Haynes And Boone Defends Fee Request Knocked By SEC
• Aspect Unveils Ch. 11 Plan To Rework $800M In Secured Debt
• Emerald Oil Gets Interim Nod For Chunk Of $130M DIP Funding
• Sports Authority Landlords Say $20M Cost Not Covered
• Arnstein & Lehr OK'd To Rep Howrey Bankruptcy Trustee
• Atty Stuck With Suspension Despite Past Mental Health Issues
• Baker Botts Loss On Ch. 11 Fees May Nudge BigLaw Rates
• Lehman Creditors Pick Up Another $1.6B Payout
• SFX Ch. 11 Auction OK'd For Online Music Store, Other Assets
• Magnum Hunter, Unsecured Creditors Rip Equity Group Bid
• Hancock Wants Sale Proceeds Of Consigned Goods In Ch. 11
• 9th Circ. Rules Bankruptcy Panels Lack Mandamus Power
• Dewey Trustee Settles Zamir Equities Real Estate Fee Row
• Enforcing Commercial Lending Guaranties In Massachusetts
• Receiver For Bandwith Co. Wants Court To Ax Ch. 11
• EFH Judge Halts Payout Of Funds Held During $90M Dispute
• PE Firms Aim To Toss $248M Physiotherapy Ch. 11 Fraud Suit
• Whistler Energy Creditors Push For Involuntary Bankruptcy
• Natural Gas Co. Ryckman OK'd For $35M In Ch. 11 Financing
• German Apparel Co. To File For Insolvency Months After IPO
• 6th Circ. Says No Deadline Extension For Exec. Breach Claims
• Christie, NJ Assembly Speaker In Stalemate Over AC Bill
• 2nd Circ. Says Tribune Creditors Can't Touch Stock Payouts
• Corinthian Hit With $1.1B Judgment In Calif. False Ad Suit
• The Future Keeps Happening To Legal Services
• Skadden To Help Triangle Petroleum Mull Financial Options
• Congress Holds Keys To Puerto Rico's Comprehensive Relief
• Energy Future Wins Texas Approval For $20B Oncor Sale
• Law360 Reveals 400 Largest US Firms
• Sabine Judge Rejects Creditor Bid To Sue Over Forest Oil Deal
• RCS Capital Gets Del. Court OK For Ch. 11 Disclosure
• Hellas Trustee Bucks Venue Challenge In Bid For $565M Award
• Molycorp's Ch. 11 Plan Showered With Objections
• Morgan Lewis Sheds Over 100 Attorneys After Bingham Deal
• 5 Firms On The Rise In 2016
• The Firms That Lost The Most Ground This Year
• Greenberg Traurig On Track To Become Biggest US Firm
• Ryckman Creek Unsecured Creditors Blast $35M DIP Loan
• NJ Casinos Decry Continued Inaction In AC Revitalization
• Hancock Gets Green Light To Auction $1M In Store Leases
• High Court May Rescue Puerto Rico From 'Never-Never Land'
• Del. Judge Rejects Call For Examiner In Seaboard Ch. 11
• Evergreen Lenders OK'd To Sue Skadden Over $35M Deals
• KaloBios Investors Fight Hogan Lovells' Ch. 11 Fee Request
• Demystifying The Attorney-Client Privilege
• White & Case Adds Ex-Bracewell Bankruptcy Partner
• Emerald Oil Hits Ch. 11 With $350M In Debt, Sale Plans
• Judge OKs Revstone Deal, Lowers $15M Creditor Claim To $2M
• New Judge Takes Old GM Creditors' $1.5B JPMorgan Row
• Tampa Lawyer Tapped As Bankruptcy Judge In Florida
• NY Appeals Court Nixes Challenge To $6.5B Archstone Sale
• Facebook Co-Founder To Fund Tech Co.'s Ch. 11 Case
• KaloBios Irons Out Issues With $14M Ch. 11 Financing Plan
• Hospice Chain Wins Initial OK For DIP Loan, Sale Plan
• Republic Airways' $146M Treasurys Plan Gets Nod In Ch. 11
• Liberal Justices Seem Open To Puerto Rico Debt Law
• Seaboard Reports $141M Offer, Auction Plan In Del. Ch. 11
• Texas Regulators Fine Investment Firm Tied To Paxton $90K
• LightSquared Ch. 11 Plan OK'd Over Ex-CEO's Protests
• Madoff Investors' Defense Arguments Get New Life
• Judge Won't Enforce Subpoena In $1B Boeing Contract Row
• Oil Co. Venoco's $35M DIP Financing Approved In Ch. 11 Case
• KaloBios Closer To $14M Ch. 11 Funding Despite Shkreli Ties
• K&L Gates Escapes Investor Suit Over Oil Co.'s Bankruptcy
• Lehman Slams Objector's Appeal Of $1.5B JPMorgan Deal
• $42B EFH Ch. 11 At Stake As Texas, Del. Judge Mull Terms
• Puerto Rico Debt Remedy Lies With Congress, Experts Say
• Miller Canfield Lands 11 New Hires In Michigan, Chicago
• Insurer Slams Bid For $63M In Copyright Dispute
• Hospice Chain Hits Ch. 11 Amid Post-FCA Settlement Troubles
• Republic Airways Defends Ch. 11 Adviser, $11M Fee Cap
• Tech Startup Jumio Hits Ch. 11 Amid Securities Probe
• Bankrupt Kid Brands Wants Retirement Plan Scrapped
• 7th Circ. Rules Atty Can't Get Out Of Malpractice Judgment
• Valeant Replacing CEO After Stock Drops, Investigations
• Madoff Clients Say Picard Not Credible In Deposition Fight
• Justices Won't Hear Challenge To Tribune Media Plan
• Tribune Co. Can't Stop Newspaper Sale To Rival Bidder
• Is My Airplane Now Yours? Clarifying Fractional Ownership
• Is Student Loan Stress The New Norm For Law School?
• High Court Asks For Gov't View In Key Securitization Case
• Atmel Fraud Class Action Belongs In US, 2nd Circ. Told
• Riverhounds Center Trustee Tracks $4M In 'Fraud' Transfers
• 7 Best Practices For Managing An Associate's Personal Crisis
• 2nd Circ. Won't Revive Lehman Employees' ERISA Suit
• Evergreen Creditors Distrust Trustee In Skadden Probe
• Oil Co. Venoco Seeks $1B Ch. 11 Debt-To-Equity Swap
• Magnum Hunter Sues To Nix Midstream Deal, Citing Sabine
• Valeant Not On Verge Of Bankruptcy, CEO Tells Staff
• Uneven Resolution Regimes Pose Risks To Global Banks
• Argentina, Holders Of $155M In Defaulted Bonds Reach Deal
• Sports Authority May Shape Future Of Retailer Ch. 11s
• Sears Strikes Deal Over Pension Protections
• Tribune, DOJ Trade Blows In Newspaper Buy Fight
• Relativity Media Gets Green Light On Reorganization Plan
• Baker Botts Denied Fee Premium in New Gulf Ch. 11
• Impact Of Sabine And Quicksilver On Midstream Industry
• Telecom Manufacturer Says PE Firm Stole Trade Secrets
• Bondholders, NML Fight Over Argentina Injunction Appeal
• Garlock Owner Touts $480M Deal To End Asbestos Claims
• Morgan Drexen Ordered To Pay $173M For Illegal Fees
• Molycorp Creditors Press To Buy Calif. Mineral Rights
• Paul Weiss Flirted With Malpractice Risk In Caesars
• Fla. Judge Should Have Recused Himself, 11th Circ. Told
• Bankrupt Texas Sports Network To Face Off Against Comcast
• Picard Slams 'End Run' To Depose Madoff On Profits
• RadioShack Gift Card Holder Can't Get Early Payout For Fees
• 5 Legal Battles To Watch As Oil, Gas Bankruptcies Surge
• Quicksilver Agrees To Shorter Ch. 11 Exclusivity Extension
• Ex-Client Given Another Try At Malpractice Suit In Texas
• Jenner & Block Atty's Affair Bars Advisers From Caesars Case
• DOJ Sues LA Times Owner To Block Newspaper Buy
• Boeing Wins Order Compelling Testimony In $1B Contract Row
• FinCEN Calls Andorran Bank Investors' Challenge Moot
• From The Book Of Jargon: Effective Subordination
• Wealth Management For Senior Partners
• OPINION: Missed Opportunity In Supreme Court Nomination
• In His Own Words: 4 Key Garland Opinions
• Garland's High Court Nomination Battle Likely To Drag On
• RCS Capital Gets Approval For Key Restructuring Support Deal
• Molycorp Class Claimants Fight Ch. 11 Liability Releases
• Vendor Dispute Explodes In Sports Authority Ch. 11
• Judge Garland Could Bring New Consensus To High Court
• Attorneys Weigh In On Obama's Supreme Court Pick
• Relativity Media Nabs $400M Film Financing Deal
• Bankrupt Verso Taps Morgan Lewis As Special M&A Counsel
• Howrey Bankruptcy Deals Over Unpaid Rent Get Sign-Off
• Lenders Can't Bring Skadden Conflict Claims, Trustee Says
• Bankrupt IT Security Co. Gets Access To $1.7M In DIP Funds
• Outer Harbor's $1.1M Employee Bonuses Get OK In Ch. 11
• Argentine Lawmakers Move Toward Funding $6.5B Debt Deal
• Fla. Atty Pleads Guilty To Embezzling Funds As Ch. 7 Trustee
• Peabody Energy Says Bankruptcy Possible As Defaults Loom
• Don't Mess With Texas (Unless You Are Properly Venued)
• Paul Weiss Missed Caesars Conflict, Examiner Says
• Obama Picks Garland To Fill High Court Seat
• Caesars Faces Up To $5.1B In Creditor Claims, Examiner Says
• Argentine Bondholders Tell 2nd Circ. To Keep Injunctions
• Premium Transportation Clears Early Ch. 11 Hurdles
• New Source Energy Hits Ch. 7 Listing Over $50M In Debt
• City Sports Adds Ropes & Gray For Bankruptcy End Game
• Case Filings Subside Across Most Federal Courts
• Dov Charney Accused Of Getting Secret Legal Aid In Chancery
• Linn Energy Says Bankruptcy May Be Unavoidable
• Puerto Rico Defends Restructuring Law In High Court
• Valeant Stock Rocked Anew By Earnings, Default Warnings
• Trustee Asks For More Detail In $3.2M SFX Bonus Plan
• 2nd Circ. Has Doubts About New GM's Ch. 11 Liability Shield
• Energy XXI Defers Interest Payments, Shrinks Borrowing Base
• Foresight Energy Warns Of Bankruptcy Amid Debt Defaults
• Albertsons Gets Antitrust OK For $106M Buy Of Haggen Stores
• Skadden Work For Aviation Exec 'Incestuous,' Lenders Say
• 7th Circ. Revives Quick Lube Creditors' Suit Over Leases
• LA Port Trucking Firm Files Ch. 11 With $30M Debt
• Norton Rose Nabs Corporate Finance Pro From Kaye Scholer
• Lathrop & Gage Nabs Restructuring Pro In Chicago
• The 8 Firms GCs Can't Stop Talking About
• GCs Say These Firms Are Worth Paying Top Dollar For
• Argentina Bondholders Seek To Oust Mediator
• GCs Name Most Elite Law Firms
• Relativity Closes Deal With Kevin Spacey Co., Eyes Ch. 11 Exit
• 9th Circ. Panel Cites Intent In Calif. Homestead Exemption
• 5th Circ. Says Attys Can't Collect Fees From PACA Trust
• IT Security Firm SDI Solutions Hits Ch. 11 Seeking Sale
• Japanese Bank Can't Escape Mt. Gox Bitcoin Class Action
• Madoff Trustee Loses Bulk Of $220M Legacy Clawback
• Life Partners Trustee Says Co. Perpetrated Historic Fraud
• What Cannabis Businesses Should Know About Bankruptcy
• Hedge Fund Offers $10M KaloBios Stake, If Shkreli Benched
• Aspect Software Gets OK To Tap Part Of $30M DIP Loan
• Pachulski Stang To Rep Sports Authority Creditors
• Quicksilver, Lien Group Blast Creditors' Bid To Nix Payments
• Investors Ink Last Settlement In MF Global Litigation
• Arch Coal Paid $8M To Senior Execs Days Before Ch. 11
• Molycorp Issues Revised Ch. 11 Plan With Unknowns, Risks
• Next Wave Of Oil And Gas Bankruptcies On The Horizon
• Kaye Scholer Partner Resigns In Wake Of Shkreli Indictment
• Creditors Claim Sabine Conflicted At Trial Over Merger
• Extreme Plastics Settles Cash Use Objections In Ch. 11
• Del. Trust Loses $90M Lender Interest Ruling In EFH Ch. 11
• SEC Sues Investment Co. Execs Over $350M Ponzi Scheme
• Beginning Of Final Chapter In Argentine Debt Litigation
• SEC Enforcement Puts Target On Public Finance Officials
• Jenner & Block Lures Back GC And Energy Exec As Partner
• 50 Cent Reaches Creditor Deal, Fights Examiner Bid
• EFH Duels With TTI Over Drag-Along In $20B Oncor Sale
• Arch Coal Steps Back From Montana Coal Project
• FirstBank Lays Claim To $62M From Lehman Deal In 2nd Circ.
• Parallel Judge Won't OK Ch. 11 Structured Dismissal For Now
• Atlantic City Bailout Bills Advance After Mixed Reviews
• Prime Gets State Approval For Purchase Of NJ Hospital
• Magnum Hunter, Pipeline Co. Ink Midstream Deal In Ch. 11
• Sinkhole Coverage Limitations Unfair, Fla. Justices Hear
• Baker Donelson Says Discovery 'Futile' In Fraud Suit
• Bond Funds Should Disclose Puerto Rico Investments: SEC
• Former Apple Supplier GTAT Gets Nod On Ch. 11 Plan
• Lihua Still Faces Shareholder Claims, Has Eye On Bankruptcy
• PTAB Rules Petitioner Is Also Patent Owner, Nixes Claims
• Madoff Trustee Accused Of Dishonesty In Discovery Spat
• Citibank Loses Bid To Block PE-Backed Paper Co.'s Debt Swap
• Sabine Contract Ruling May Spur More Driller Bankruptcies
• EFH Gets Nod For $20M Severance Bump Amid Mine Closures
• Aspect Software Opens Del. Ch. 11 Case With $795M Debt
• Rejection Of Oil And Gas Contracts Can Only Go So Far
• Ex-Dewey Chair Davis Barred From Practicing Before SEC
• Wealth Management For Mid-Level Partners
• Molycorp Seeks Ch. 11 Plan Rework After Bids Fall Short
• Sens. Call For Self-Bonding Probe Amid Coal Co. Bankruptcies
• Massey Investors Say Bankruptcy Doesn't Stay Mine Blast Suit
• Oil Co. Warns Of Bankruptcy After Missing $15M Debt Payment
• Fitch Predicts Grim Outlook, Bankruptcy For Peabody
• 50 Cent Says Money In Instagram Photos Is Fake
• SEC Says Fund Manager Hid Criminal Past To Raise $5.6M
• ING Bank Wants Shippers' Suits Over OW Bunker Debts Nixed
• Bankruptcy Judge Says Sabine Can Nix Midstream Contracts
• Alpha Aims To Dig Out Of Debt By June With Ch. 11 Plan
• Exide Execs Pay $15M To Settle Investors' Enviro Suit
• Section 363 Has Become An Alternative That Poses Problems
• Bankrupt Variant Units Seek Shield From Ex-CEO's Liens
• Widower Urges Upholding New GM's Liability For Fatal Crash
• Magnum Hunter Says Pipeline Deal 'Burdensome' On Ch. 11
• 2nd Circ. Says Inyx CEO Still On The Hook For $1M
• $200M Atlanta Cancer Center Creditors Try To Force Ch. 11
• Husch Blackwell, Texas Attys Accused Of Million-Dollar Flubs
• Best Practices For Motions Brief Writing: Part 2
• Restaurant Owner Blames Ch. 11 On Sales, Salmonella Suit
• 50 Cent Says He's $16M In The Red After Posing With Cash Pile
• When The Party's Over: How To Minimize Risk In Distress
• Bond Deal For Ex-MLB Star's Gaming Co. Was Fraud: SEC
• Madoff Trustee Says Funds Withholding Docs In $825M Suit
• UBS Defeats Arbitration Claim From Client's Estate
• Midstream Co. Defends Quicksilver Deal In 'White Hot' Dispute
• JPMorgan Beats WaMu Bondholder Suit Over Bank's Collapse
• EFH Creditors Battle Over $90M Delaware Trust Interest Bid
• Winston & Strawn Can't Dodge $107M Malpractice Suit
• Target Canada Settles Spat With Former Landlords
• SFX Gets $100M DIP Approved Despite Court's Concerns
• Haggen Wants More Time To Come Up With Restructuring Plan
• Regulators Fight Parallel Energy's Structured Dismissal Bid
• SunEdison Makes $28.5M Deal In Latin American Power Fight
• Body Armor Fiber Issues Not Hidden From Gov't, Court Told
• How Will The High Court Define 'Actual Fraud'?
• Best Practices For Motions Brief Writing: Part 1
• Sports Authority Gets Nod To Start Liquidation Sales
• NC To Review I-77 Contract After Cintra Unit's Ch. 11 Filing
• Sundevil Hammers Out Sale Procedures With Objectors
• Fresh & Easy Workers Denied Class Cert. Over PTO Claims
• IRS Treatment Of 'Bad Boy' Guarantees Brings Uncertainty
• Ultra Petroleum Buys Time To Negotiate With Lenders
• Chicago Cab Co. Fights Injured Atty's $26M Verdict
• Abengoa Gets Nod To Tap Financing To Stabilize US Cos.
• High Court Signals Limited Ruling In Bankruptcy Fraud Case
• Molycorp Gets Single Asset Bid, Cancels Del. Ch. 11 Auction
• Aerospace Co. Exec Gets 7 Years For Selling Tech To China
• Horsehead's $90M Ch. 11 Financing Gets Final Approval
• NJ Lawmaker Wants Atlantic City Bailout To Preserve CBAs
• 'Angry Comments' Don't Require Recusal, Lehman Judge Says
• Wealth Management For New Law Firm Partners
• Methods For Asserting Objections Under Amended Rule 34
• Sports Authority Hits Ch. 11 With $1.1B Debt
• Verso Paper Reaches Deal On $775M Chapter 11 Loan Plan
• Accounting Firm BDO Accused Of Malpractice In Ch. 7 Cases
• Montgomery McCracken Adds Transpo. Partner, Associate
• Sports Authority Reportedly Close To Ch. 11 Filing
• Justices Seem Wary Of Narrow Bankruptcy Fraud Exemption
• Sundevil Faces Pushback On Sale Plan From Trustee, Bidders
• Arch Coal Gets Nod On Deal Reducing Environmental Costs
• Outer Harbor Gets $9.5M DIP Loan To Continue Wind-Down
• Stevens & Lee Lied To Secure Malpractice Policy, Suit Says
• Yahoo Resists Releasing Email Account In Irish Bank Ch. 15
• White & Case Adds New M&A Partner In Prague
• Distressed Coal — Will The Cycle Ever Turn?