Bankruptcy Archive » April, 2016

Bankruptcy - April, 2016

301 articles

• EFH Has Few Good Options After Big Bet On Oncor Deal Sours
• Hughes Hubbard Fees Top $371M For Lehman Wind-Down
• $11M Award In Power Row Violates Public Policy, Court Told
• OPINION: Engaging The Media May Help Your Client
• Fla. Heart Clinic Fights For Stay Of FCA Suit
• Bankrupt Newbury Gets Nod On Piecemeal Property Auction
• Law Firm Fee Hikes Under Scrutiny In Caesars Bankruptcy
• The Madoff Court's Focus On Intent Of Transferees
• Texas Law Firm Says Ex-Client Can't Show Malpractice
• NJ Casino Group Urges Action On Atlantic City Bailout
• Jumio Delays Auction For Talks With Multiple Bidders
• 'American Idol' Producer Clears First Day Hurdles In Ch. 11
• SemGroup Trustee Loses Appeal Bid To Claw Back $55M
• K&L Gates Seeks Anti-SLAPP Fee Award From Investor Deal
• Sabine Gets Nod To Solicit Ch. 11 Votes, But Battles Loom
• DLA Piper Picks Up Restructuring Partner From Skadden
• American Hospice Gets OK On $9M Ch. 11 Asset Sales
• KaloBios Gets Final Nod On 'Unusual' $3M Ch. 11 Package
• Quiksilver To Settle With Workers Seeking $7M In Severance
• Yellow Cab Creditors Want Ch. 11 Trustee To Take The Wheel
• Energy Future Holdings Scraps Crucial Part Of Ch. 11 Plan
• Using The New Federal Rules To Rein In Discovery
• Ex-Fuhu CEO Says Starr Policy Still Applies Despite Ch. 11
• Dentons: A New Kind Of Network?
• 'American Idol' Producer Files For Ch. 11
• 22 Firms Win Top Marks From GCs On AFAs
• Valeant CEO Says He Was 'Too Aggressive' On Drug Prices
• U.S. Trustee, IRS Slam RCS Ch. 11 Releases, Clawback Terms
• Abengoa's $9.9B Spanish Case Gets Ch. 15 Recognition
• Suntech Beats Trustee's Skepticism To Win Ch. 11 Plan OK
• Emerald Oil Gets $130M DIP Deadline Extended By A Week
• Jones Day Adds Ex-BakerHostetler Bankruptcy Partner
• Cooley To Rep Nike, Levi, Others In Vestis Creditors Group
• Pacific Exploration Starts Restructuring In Deal To Nix Debt
• Mizuho Can't Take 7th Circ. Detour In Mt. Gox Dispute
• Ritchie Asks 2nd Circ. To Let It Replead Case Against GE Unit
• Quiksilver Fights Pro Surfer's $3.6M Claim In Ch. 11
• Kirkland Seeks $12.5M For 4 Months' Work On Sabine Ch. 11
• DBSI Trustee Says IRS Must Prove Good Faith Defense
• Affordable Housing Constraints Don't Limit Value Of Claims
• 2 IPOs Tap Market For Combined $632M
• Fla. Heart Clinic Can't Use Bankruptcy To Duck FCA Suit
• Sports Authority Judge Won't OK DIP Loan Without Changes
• Emerald Oil Defends Roll Up In $130M DIP Package
• It's Just Lunch May Have Date With Bankruptcy If Deal Fails
• Madoff Trustee, Minn. Investors Win Nod For $30.2M Deal
• Simply Fashion's Ch. 11 Plan OK'd For Creditor Vote
• SunEdison Plan Member Says Ch. 11 Can't Halt Suit
• K&L Gates Says Anti-SLAPP Win Justifies Full Fee Payback
• Proposed Caesars Deal Would Allow $502M Noteholder Claim
• Bankruptcy Atty Can't Nix 'Housewives' Star's Malpractice Suit
• Bankrupt SunEdison Sells Chilean Solar Projects To Colbún
• Thompson & Knight Seeks $4.7M For Life Partners Work
• Bryan Cave Adds Ex-Seyfarth Shaw Bankruptcy Chair
• Bankrupt Real Estate Firm's Owner Gets 2.5 Years For Fraud
• Oil And Gas Termination Payments: Devil Is In The Details
• Investors Say Horsehead Execs Lied About Failing Plant
• Creditors Say 11th Circ. Shouldn't Have Revived $6M Verdict
• RBS Must Face Claim Over £55M Loan In Libor Swap Case
• Trustee Will Oversee Bankrupt, Unbuilt Texas Cancer Center
• Aspect Wins Shorter Run For Ch. 11, $370M Debt Drop
• Wells Fargo Says $110M DIP Is Emerald Oil's Only Lifeline
• Louisiana Seeks Audit Of Bankrupt Energy XXI
• UK Retailer BHS Put In Administration As MPs Grill Ex-Owner
• CPA Mutual Sues Over $2.4M Ponzi Verdict Coverage Bid
• Valeant Taps Perrigo CEO To Right Ship
• Madden In The Supreme Court: 4 Possible Outcomes
• Kodak Inks $9.7M Deal To Exit Stock-Drop ERISA Suit
• Banks Object To Trustee Query In $1.8B Millennium Lab Probe
• Castlelake Rejects US Energy's $11.4M Claim Before Trial
• Pilgrim's Pride Beats Poultry Growers' Antitrust Suit
• Ex-Radnor CEO's Complaint Against Skadden Tossed
• Quiksilver Balks At $7.3M Severance Payments In Ch. 11
• High Court Asked To Hear Trump Taj Mahal Labor Pact Row
• Gov't Says Clinic's Bankruptcy Shouldn't Stay FCA Suit
• Nixon Peabody Says Intel's Tapped Out In Biotech Stock Row
• Timber Co.'s $1.9M Asbestos Claim Too Late, WR Grace Says
• Fiber Optic Firm Gets Early, Wary OK On $116M Del. Ch. 11
• SunEdison Gets Nod To Begin Tapping $300M Ch. 11 Financing
• When A Contract 'Runs With The Land' — A Look At The Laws
• Mizuho Looks To Take Mt. Gox Bitcoin Fight To 7th Circ.
• Avoiding The Pitfalls Of Researching Attorneys In PACER
• 4 Clean Energy Takeaways From SunEdison's Collapse
• DOJ Says Wyly Can't Use Cayman Entity As Ch. 11 Creditor
• Fla. Cardiovascular Center Facing FCA Suit Files For Ch. 11
• AC Water Utility's Credit Downgraded Amid City Debt Crisis
• Ex-Board Member's Credit Bid For Bankrupt Jumio Put Off
• Republic Airways Says $1.7B Delta Litigation Posed Risks
• Bankrupt Hancock To Sell Liquidating Store Leases, IP
• NHL, Ex-Coyotes Owner Reach Deal To End Faceoff Over Debt
• 9th Circ. Arms Firms Seeking To Discharge Client Debt
• Sabine Says Its Ch. 11 Costs 'Astronomical' $10M A Month
• US Courts Continue To Closely Scrutinize Ch. 15 Petitions
• Clean Energy Giant SunEdison Files For Ch. 11
• Sports Authority Abandons Consignment Vendor Settlement
• Record Producer Refutes Counsel DQ Bid In Contract Row
• Jumio DIP Decision Delayed By Equity Holders' Concerns
• Gibson Dunn Seeks $1.8M For Sports Authority Work
• New Gulf Gets Nod On Ch. 11 Plan's $600M Debt-Equity Swap
• Variant Gets OK For $118M Sale Of 16 Properties
• 3rd Circ. OKs $1.4M Shipping Lien In Bankruptcy Row
• New Wormhole In Chicago's Pension Black Hole
• Lehman Defends Claims Over Massive Swaps Transactions
• Creditors Blast Bankrupt Emerald Oil's $130M DIP Plan
• Fla. Firm Accused Of Unlawful Bankruptcy Billing
• The Atypical Creditor: How Bail-In Affects Borrowers
• Trustee Takes Dim View Of Releases In Suntech Ch. 11 Plan
• Hunt Seeks Texas PUC's Rehearing Over $20B Oncor Deal
• Sports Authority, Lenders Buck Call To Immediately Pay Rent
• Atlantic City Again Escapes Asset Freeze In School Row
• Nortel Overseas Units Say They're Shielded In Software IP Suit
• Argentina Makes Capital Markets Comeback With $16B Bond
• Investors Seek To Limit K&L Gates Anti-SLAPP Motion Fees
• Delta Says Republic Deal Would Avert $1.7B Litigation
• Ore. Firm Flouted Duty To Apple Retailer In Owners' Row: Suit
• Vestis OK'd For $125M Interim Financing During Ch. 11 Sale
• Pacific Exploration Inks Restructuring Deal To Nix $5B In Debt
• Real Estate Rumors: Zara, Doron Pergament, ISM Properties
• How Oil Pipelines Can Mitigate Shipper Bankruptcy Risks
• Seventy Seven Energy Plans Debt-Equity Swap In Ch. 11
• NII Inks $41.5M Deal To Exit Pension Fund Securities Row
• 11th Circ. Backs Fla. High Court In Denying Bar Application
• IRS Immune To Defunct Firm's Collection Suit, Judge Says
• Atlanta Cancer Center Nears Deal To Avoid Bankruptcy
• Record Producer's Partners Seek Counsel DQ In Contract Row
• Investor Rips Madoff Trustee's Bid For Bank Records
• Magnum Hunter's $1B Chapter 11 Plan Confirmed
• Foresight Energy Reworks $656M Credit Deal
• GM Bankruptcy Lenders Want $1.5B Clawback Suit Dismissed
• IRS Denies Taking Investor's Fraudulent Funds In Bad Faith
• Investors Say KaloBios Doesn't Need $3M DIP Loan
• Winston & Strawn Wants $107M Malpractice Suit Nixed
• Vestis Retail Hits Ch. 11 With $246M Debt, Plans Asset Sale
• Another Take On Reed Smith, Pepper Hamilton Merger Talks
• Going Broke Badly: Celebrities And Bankruptcy Fraud
• In Congress: IRS, FAA, Puerto Rico
• The Best Law Firms For Female Partners
• The Glass Ceiling Report
• The Top 5 Ways BigLaw Is Failing Women
• The 100 Best Law Firms For Female Attorneys
• Rising Star: Kramer Levin's Stephen Zide
• Skybridge Adversary Says Ch. 11 Filed In Bad Faith
• Morgan Stanley Sues Mining Co. For $75M Loan Payments
• Premium Transportation Creditors Balk At Cash Funding Bid
• Atlantic City Chips Away At School District Debt
• Insurer Sues Over Defense Costs For Meningitis Suits
• Trustee Says Newbury's $141M Property Sale Moving Too Fast
• Energy XXI Gets Nod To Use Cash Collateral As Ch. 11 Begins
• Magnum Hunter Defends Ch. 11 Plan On Eve Of Hearing
• RCS Judge To Hear Ex-Brass's Legal Fee Bid At Confirmation
• Sorry, Bankruptcy Probably Can't Help You Escape FERC
• SunEdison Floats Bankruptcy Loan Proposal With Creditors
• NYC Taxi King Accused Of Pilfering Philly Cab Co.'s Coffers
• Bankruptcy Sale Shields GM From Defective Tire Action
• Peabody Gets Green Light To Tap $800M Ch. 11 Financing
• Goodrich Petroleum Joins Driller Bankruptcy Parade
• Fiat Chrysler Says Bankruptcy Sale Blocks Excess Ind. Taxes
• Sports Authority Suing Consignment Vendors Early And Often
• OPINION: Advising The GOP About Its Obligation To Advise
• U.S. Trustee Opposes Magnum Hunter Equity Committee
• Rising Star: Dentons' Oscar Pinkas
• San Bernardino Accused Of Sidelining Civil Rights Claims
• 9th Circ. Says Atty Can Shed Debt To Client In Bankruptcy
• S&P Lowers Valeant Credit Rating After Delayed SEC Filing
• SunEdison Says Audit Shows No Fraud, Too Much Optimism
• Sports Authority Gets Nod For Delayed Ch. 11 Auction Plans
• Enforcing Arbitral Awards: Success Lies In The Strategy
• Pacific Exploration Tests Restructuring Deal With PE Firm
• In Shift, FHFA To Allow Some Mortgage Principal Reductions
• Outer Harbor Can Hire Labor Counsel Over Union Objections
• Energy XXI Hits Ch. 11 With Plan To Nix $2.8B In Debt
• Town Says $11M Tax Fight In Verso Ch. 11 Belongs In Maine
• Court OKs Deal, Funds To Keep Molycorp Mine Out Of Ch. 7
• Judge Denies Bid To Stop Some Sports Authority Ch. 11 Sales
• Reformers Want Teeth In Feds' Living Wills Stance
• Foxwoods Developer Loses Bid To Recoup $50M Casino Fee
• How Soft Is Your Soft Call?
• House Grapples With Treasury-Backed Puerto Rico Plan
• Fox Rothschild Adds 3-Atty Team In NJ From Forman Holt
• $30M Atty Fee Fight In Tribune Ch. 11 Sped To 3rd Circ.
• NJ Pols Propose 'One Last Chance' For AC To Avoid Takeover
• Valeant CEO Will Testify About Drug Prices Before Senate
• IRS Drops Tax Inversion Dispute With Car Parts Maker Delphi
• Rice Energy Puts Up $200M For Alpha Gas Properties
• Peabody Energy Hits Ch. 11 Amid Slumping Coal Prices
• 2nd Circ. Clears Argentina To Pay $6B Bond Settlements
• EFH Judge Axes Suit On Distribution Rules For $25B In Loans
• $118M MagCorp Verdict Wasn't A Compromise, Trustee Says
• GM Ch. 11 Trust Wants Oaktree Fund Revived For $50M Debt
• Valeant Faces Default Amid Looming Debt
• Russian Co. Says Boeing's Spinoff Objection Unfounded
• Rising Star: O'Melveny & Myers' Jennifer Taylor
• Magnum Hunter Gets Extension On Ch.11 Plan Filing Time
• 50 Cent Sex Tape Victim Expects $6M Recovery In Ch. 11
• House Approves Specialized Ch. 11 Process For Big Banks
• Fed, FDIC Urged To Be More Open About Living Wills
• Jumio's DIP Approval Delayed To Consider Equity Committee
• SEC Will Wait To Collect $1.7M For Fraud From Bankrupt Atty
• Bank Insurers Owe $50M, Rothstein Trustees Tell 11th Circ.
• Goodrich Petroleum Plans For Debt-Equity Swap In Ch. 11
• Meridian To Pay $6.1M To End Madoff Feeder Fund MDL
• Valeant Board Urges CEO To Show For Senate Deposition
• PE Firms Piping $170M To Southcross After Quick Ch. 11 Trip
• Aspect Software Mulling Bid For Faster Exit From Ch. 11
• Fresh & Easy Creditors Can Go After Accounting Records
• Weil Snags Shearman Restructuring and Acquisitions Pro
• RCS Capital Gets Approval On Changes To Ch. 11 Disclosures
• Puerto Rico Releases New Debt Plan As Defaults Loom
• Rising Star: Akin Gump's Deborah Newman
• KaloBios Vows No Predatory Drug Pricing After Bankruptcy
• Sports Authority Derides New Consignment Settlement Fight
• Conservationist Coal Company: No Longer An Oxymoron
• No Need To Move Midstream Fight, Magnum Hunter Says
• Virtus Look To Escape Class Action Over F-Squared Funds
• 11th Circ. Reinstates Diagnostic Co. Owner's $6M Verdict
• GM Says It Has No Liability To Widower Over Fatal Crash
• Shipping Co. Says ING's Arbitration Request Should Fail
• PacSun Gets Green Light For $62.5M In DIP Financing
• NJ Education Agency Can't Freeze Atlantic City's Assets
• KaloBios Pharmaceuticals Files Renewed Ch. 11 Plan
• 9th Circ. Upends Housing Developer's Ch. 11 Cramdown Plan
• Greenberg Traurig On Tap To Rep Buffets' Creditors Group
• Nixon Peabody Can't Dodge Stock Fee Queries, Biotech Says
• Bankrupt Jumio Says Objectors To Takeover Are Mudslinging
• Molycorp Starts Mine Conversion To Ch. 7 As Funds Dwindle
• Rising Star: MoFo's Jennifer Marines
• Legal Delivery In The 'Gig Economy'
• Energy Firm Abengoa Moves More U.S. Units Into Ch. 11
• Del. Judge OKs Ch. 11 Sale Plan For 6-State Hospice Firm
• Ch. 11 Rules Stacked Against PacSun's Reorg Attempt
• $245M Quicksilver Sale Closes After New Midstream Deal
• Troutman Sanders Adds Ex-Katten Muchin Finance Partner
• Rising Star: Kirkland's Ross Kwasteniet
• Hong Kong Co. Seeks Ch. 15 Recognition Of $500M Scheme
• Sabine Unsecured Creditors Lose Another Round In Ch. 11
• Millennium Lab Ch. 11 Trustee Seeks Probe of $1.8B Recap
• Bankrupt Caesars Casino Co. Objects To Parent's Fee Request
• 2nd Circ. Extends Section 546(e) Protection
• PacSun Files For Ch. 11, Citing High Rent
• Argentina Puts Up $250M To Settle More Bondholder Suits
• EFH Creditors Clash Over Distribution Rules For $25B Loan
• Rising Star: Jones Day's Erin Brady
• Del. Judge Denies Horsehead Ch. 11 Deadline Extension Bid
• Sports Authority Consignment Payouts Won't Stop For Appeal
• Christie Blasts AC Takeover Foes, Says Other Cities At Risk
• Fresh & Easy Unsecured Creditors Denied Audit Email For Now
• Chrysler, Detroit Dealer Settle Sanctions Battle
• Simpson Thacher Partner Named NY Bankruptcy Judge
• Del. Court Resets Paragon's $2B Ch. 11 Confirmation Date
• Andrews Kurth Advises Denver Oil Producer On Restructuring
• Kazakhstan Faces New Claim From Gold Producer
• Sabine Creditors Continue Fight Over Forest Tie-Up
• Succession Planning: A Key Strategy For Law Firm Longevity
• Sun Capital Has Big Implications For Private Equity
• Nortel Bankruptcy Sets Dangerous Precedent For Lending
• Jumio Stakeholders Fight Facebook Co-Founder Takeover Bid
• Sports Authority Lender To Appeal Consignment Sale Process
• Nortel's US Arm Pushes To Reverse $7.3B Allocation Ruling
• Regulatory Issues May Snarl Molycorp's Ch. 11 Exit, Hike Costs
• KaloBios Seeks End To Investor Suit To Clear Ch. 11 Plan
• Atlantic City Casino Gets Greenlight For $88M Tax Trial
• Caesars Wants Nov. Start To Confirmation Trial
• SunEdison Troubles Mount As Yieldco Hit With $231M Suit
• Energy Future Wins $4B Battle Over Oncor Shares
• Sidley, Deloitte Aided $350M Ponzi Scheme, Investors Claim
• KKR Pulls In $3.35B For Distressed Investments Fund
• Drugmaker SIGA Wins Approval Of Ch. 11 Plan
• What Constitutes Refinancing Is In The Eye Of The Beholder
• Creditors Sue For Puerto Rico Gov't Bank Withdrawal Freeze
• Unions Try To Block Gibson Dunn Hire In Outer Harbor Ch. 11
• Abengoa Creditors Fight For Better Ch. 11 Financing
• Horsehead, Creditors Clash Over Ch. 11 Plan Deadlines
• NJ Sues Atlantic City Over $34M Owed To School District
• Paragon, Term Lenders Battle Over Del. Ch. 11 Disclosures
• DBSI Trustee Fights IRS' Bid To Keep Shady Transfers
• Sports Authority Denied Fast Track For Consignment Deal
• Boeing Says $300M Claim Should Block Energia Spinoff Plan
• Newbury Arranges $1.8M In Lender Cash To Fund Ch. 11
• Madoff Trustee, Minn. Investors Ink $30M Clawback Deal
• Union Settles Objections To Auto-Parts Maker's Ch. 11 Plan
• SunEdison Diverted $230M To Buoy Finances, Yieldco Says
• Bernie Madoff Will Face Deposition In Profit Row
• Life Partners To Pay Over $1B To Settle Investor Suits
• A Cautionary Tale On Financial Reporting Controls
• Skadden Hit With Malpractice Suit By Evergreen Creditors
• Ute Tribe Takes Issue With Bankrupt Samson's Lease Bid
• PostRock Energy Announces Okla. Ch.11, Sell-Off Plan
• Sports Authority Floats Consignment Vendor Deal In Ch. 11
• Shipping Co. Foisted $50M Debt Onto Unit, Shareholders Say
• Madoff Trustee Accused Of Conflict Over Pay
• Yucaipa Loses Ch. 11 Appeal For Control Of Allied's Debt
• Judge Rakoff Takes Over NY Caesars Bondholder Litigation
• Texas' New Rule On Clawing Back Ponzi-Tainted Money
• Morgan Lewis Adds Bankruptcy Heavyweight To Tokyo Office
• Cooley On Tap To Handle Jumio Securities Probe During Ch. 11
• Lab Co., Aetna Float $77M Deal To End Fraud Claims In Ch. 11
• Ex-NJ Furniture Exec Cops To $17M Bank Leumi Loan Fraud
• The 2016 Rising Stars, By Firm
• AT&T Can't Sue Defunct Co. Over Routing Fees, DC Circ. Told
• Goodrich Petroleum Readies Ch. 11 Prepack
• Bankruptcy Judges Beginning To Sour On Third-Party Releases