Bankruptcy Archive » May, 2016

Bankruptcy - May, 2016

299 articles

• 4 Takeaways From NJ Lawmakers' Atlantic City Showdown
• BNY Says EFH Disclosure Lacking On $1B Debt, $9M Wipeout
• Attorney Web Bios: The Good, The Bad And The Ugly
• High Court's Trump Denial Puts Labor On Defensive In Ch. 11
• Judge Bars Sales Of Ch. 11 Grocery Stores Amid Fraud Claims
• Ex-Dewey Exec Wants Slew Of Evidence Barred From 2nd Trial
• EU Agency Weighs Default Rules For Securities Depositories
• Intervention Calls Creditor's Prepetition Actions Predatory
• Boeing Seeks Right To Chase Down $515M Satellite JV Award
• Vertellus Chemical In Ch. 11, Plans $454M Sale To Lenders
• Texas Judge OKs $1B Deal In Life Partners Investor Litigation
• Trump Workers Denied High Court Review Of Union Deal
• Observations On Solicitor General Brief In Madden
• Awash In Red, Rit Dye Maker Taps 3 Law Firms For Ch. 11
• Netflix Loses Fight Over Early Showing Of Relativity Films
• 5th Circ. Overturns Part Of Days Inn Investment Ruling
• Ex-CEO Mounts Last Charge Over Skadden Bankruptcy Fees
• What's Keeping Bankruptcy Attorneys Up At Night
• Bankrupt Jumio Fights Against Paying K&L Gates, Pachulski
• Bankruptcy Atty Needn't Report Sanctions, 9th Circ. Says
• Wis. AG Takes Issue With Verso's $2.5B Ch. 11 Plan
• Atlantic City Bailout Bills Win NJ Gov.'s Approval
• Hercules Offshore Plans Second Trip To Ch. 11, Sale
• 4 Hot Practice Areas Where Texas Firms Are Hiring
• Renco Bondholder Suit Aims To Thwart $211M Judgment
• Horsehead Ch. 11 Plan Disclosures Called A 'Waste'
• Tax Lien Sale Avoidance May Depend On The State You're In
• Japanese Co. Blasts ING's Bid To Arbitrate OW Bunker Row
• Dewey's DiCarmine Taps Seward & Kissel, Drops Pro Se Plans
• Sabine Creditor Objection Sets Up Fight Over Ch. 11 Plan
• Samson Sues Bakken Hunter In Ch. 11 Fight Over Well Bills
• Atlantic City Bailout Bills Pass Both NJ Houses
• Emerald Oil Seeks OK Of $73M Stalking Horse Sale
• KaloBios Seeks To Award Board Members For Saving Business
• Metrogate Ch. 11 Case Tossed, Creditors Chided By Judge
• Hedge Fund Nets $112K Ch. 11 Fee For Quiksilver Loan Idea
• Fla. Heart Doc Says Settlement Imminent In FCA Suit
• AEE Noteholders Fight To Keep Control Of Ch. 11 Liquidation
• Buchanan Accused Of Distracting Court In Team Buy Fight
• Pa. Justices Say Bankrupt Cos. Can Add Trustees To Suits
• 5 Tips For Negotiating And Drafting Joint E-Discovery Plans
• Abengoa Affiliate OK'd To Sell Stake In Texas Water Pipeline
• Lenders Need Justices' View On Madden To Thaw Debt Markets
• Sabine Decries Fight Over Axed Midstream Contracts
• 9th Circ. Backs CFTC In Row Over Losing Trades
• Samson Creditors Seek To Wrest Control Of Ch. 11
• Wyly Estate Suit Judgment Not Affected By Stay, SEC Says
• 9th Circ. Won't Rethink Ruling 'Shaming' Bankrupt Atty
• Intervention Energy Facing Dismissal Review In $140M Ch. 11
• 11th Circ. Denies Rehearing Bid In Fla. Bar Denial Suit
• Sports Authority Unsecured Creditors Can Hire Houlihan
• Fla. Firm Says Ex-Client's Bankruptcy Bills Suit Is Skimpy
• Ryckman Creditors, Lenders Reach Temporary Discovery Deal
• Puerto Rico Debt Relief Bill Moves To House Floor
• Holland & Knight Can't Pin Mistakes On Client, Court Told
• A Cautionary Tale For Oversecured Creditors
• White House Asks High Court To Nix Jevic Ch. 11 Decision
• Steptoe Beats $129M Legal Malpractice Suit Midtrial
• 11th Circ. Finds Collectors At Risk In Pursuing Old Debts
• ACLU Says State Takeover In AC Bailout Would Harm Voters
• NML Seeks Sanctions For Mossack In Argentina Bond Suit
• Money Centers Trustee Chases $2.4M In Casino Payments
• Greenberg Traurig Nabs Ex-Haynes And Boone Bankruptcy Pro
• Aspect Software's $1.2B Debt Rework Wins Court OK
• Fla. Newspaper Fights Defamation Suit By Ex-CEO Of Charity
• Sports Authority Gets OK To Liquidate All 450 Stores
• Ampal Trustee Seeks Dual Arbitration In $565M Egypt Gas Row
• Indebted IHeartMedia Wins Spat With Lenders
• Bankrupt Verso Resolves $11M Tax Fight With Maine Town
• When Breaking Up Is Hard, Call A Partition Referee
• FCC Failed To Justify AT&T's Routing Fees Win, DC Circ. Says
• Phoenix Brands Wins Contract Protection In Ch. 11
• Investor Classes Lodge Proposed Deals Over Argentina Debt
• Winston & Strawn Rips Jurisdictional Claim In Negligence Suit
• $13M GMAC Force-Placed Coverage Settlement Gets Nod
• Panama Papers: Reminders About Law Firm Cybersecurity
• US Trustee Opposes Equity Committee In SFX Ch. 11
• 2 S. Fla. Firms Merging To Create Bankruptcy Boutique
• Fourth Bidder Surfaces For Phoenix Brands Ch. 11 Sale
• EFH Judge OKs Quick Ch. 11 Plan Process, Splits Case In Two
• 9th Circ. Rejects Bankruptcy Appeal As Constitutionally Moot
• Atlantic City Bailout Gains Political Consensus
• Abengoa Seeks Breathing Room As It Markets US Assets
• Ex-NJ Agency Wants Insurer To Cover Suit Against Directors
• EU Lays Out Flexible Rules For Bank 'Bail-In' Instruments
• Ex-Client Says Texas Law Firm Can't Shake Malpractice Claims
• Aeropostale Shareholder Fights Sycamore Ch. 11 Settlement
• Rapper 50 Cent's Boxing Co.'s Bankruptcy Suit Tossed
• Scope Of The Amendments To Bankruptcy Rule 3002.1
• Laundry Co. Phoenix Brands Enters Ch. 11 With $71M Debt
• Regulators Say Alpha Ch. 11 Lacks Enviro Compliance Plan
• ND Oil Lease Manager Hits Ch. 11 With $140M Debt
• Sheppard Mullin Adds Debt Financing Partner In Chicago
• 'American Idol' Producer Seeks Nod On Restructuring Pact
• Puerto Rican Utility Reaches Deal On $111M Bond Offer
• PacSun Workers Say Ch. 11 Overlooks $90M In Unpaid Wages
• Energy XXI Gets Final Nod To Use Cash Collateral In Ch. 11
• Creditors To Probe SunEdison Under Ch. 11 Financing Deal
• High Court's Decision In Husky Is A Narrow One
• OPINION: Sotomayor's Solution To Pro Bono Is Incomplete
• Creating Barclay Damon: Lessons From A Law Firm Merger
• 50 Cent's $23.4M Bankruptcy Exit Gets Initial Approval
• Considerations For Power Generation Co. Restructuring
• TD Ameritrade Added To $350M Ponzi Suit Naming Sidley
• Reflecting On The 20th Anniversary Of BMW V. Gore
• Peabody Energy Drops Power Plant Stake In $57M Deal
• Stevens & Lee Insurer Says Bad-Faith Claims Belied By Facts
• 2nd Circ. Reverses Dismissal Of FDIC Suit Over Colonial Bank
• Texas Tax Authorities Cry Foul Over Goodrich Ch. 11 Plan
• Walter Energy Cleared To End Retiree Benefits In Ch. 11
• Halcon Aims To Wipe Out $1.8B Debt Through Ch. 11
• US House Takes Up Puerto Rico Restructuring Bill
• Texas Utility Agency Ends Hunt Plan To Reorganize Oncor
• SunEdison Calls Creditors' Enron Comparison 'Slanderous'
• Corporate Counsel: Consumer Becomes Provider (The Sequel)
• Hunt Trying To Revive Soured Oncor Deal In EFH Ch. 11
• 2nd Circ. Urged To Revive Residents' Anadarko Pollution Suit
• Biopharm Co. To Repay Lender $4M In Ch. 11 Collateral Row
• Texas Hospital Network Buys Forest Park Facility For $115M
• DOJ's $4B Madoff Victim Fund Reaches 25K Eligible Claims
• Lehman Brothers' Trustee Seeks OK On $677M Creditor Payout
• Pa. House Panel Votes Down Asbestos Double-Dipping Bill
• Constellation Makes Changes To $32.5M Ch. 11 DIP Loan
• New Caesars Ch. 11 Plan Could Still Draw Objections
• Shell Exec Says Industry Shouldn't Lose Hope for Turnaround
• Sports Authority Gets No Bids To Keep Bankrupt Chain Open
• Good News On 'Bad Boy' Guarantees
• Puerto Rico Declares Emergency State For Highway Agency
• King & Spalding Nabs Ex-Dentons Bankruptcy Pro
• Dex Media Gets First OK For $1.5B Ch. 11 Debt Rework
• Trustee, Others Object To Caesars' Ch. 11 Disclosure
• Fiat Chrysler Pushes For Final Blow To Indiana's Excess Taxes
• $7B Nortel Allocation Appeal Sent To 3rd Circ.
• Target Hit With Investor Suit Over Retreat From Canada
• After Review, Judge Says False Claims Act Suit Can Proceed
• Settlement Close In Lehman's $65M Foreign Tax Credit Suit
• IRS Must Give Up Ponzi Schemer's $14M Tax Payment
• Liquidators Reportedly Win Sports Authority Ch. 11 Auction
• Metal Fabricator Lists $238M In Debt, Plans Ch. 11 Sales
• Peabody Gets Final OK On $800M Ch. 11 Financing
• USA Discounters' Creditors Can Pursue Challenge Of Liens
• SunEdison Creditors Compare It To Enron
• OPINION: Stop 'Vigorously Defending' Your Clients
• Dex Media Hits Ch. 11 With $2.4B Debt, Prepackaged Plan
• The Search For 'Unreasonably Small Capital'
• Sabine Wins Approval Of New Pipeline Deal In Ch. 11
• Winston & Strawn's $14.2M Fees Bid OK'd In Caesars Ch. 11
• EFH Creditors Pile On To Oppose Fast-Tracked New Ch. 11
• SEC Says Wyly Estate Must Include $249M Annuities In Ch. 11
• 2nd Circ. Urged To Revive $371M Suit Against Time, Hearst
• Justices Arm Creditors With Broad Bankruptcy Fraud Ruling
• Attorneys React To High Court's Bankruptcy Fraud Ruling
• 66-Year-Old Lifeguard Lawyer Revives Speedo Suit
• IT Security Firm To Be Bought By Stalking-Horse Bidder
• 11th Circ. Told Its Tax Debt Stance Is At Odds With Top Court
• Millennium Lab Ch. 11 Exam Bid Fatally Flawed, Cos. Say
• Valeant Expands Drug Discount Program After Price Increases
• Investors Say Sports Co. Lied About Earnings Estimates
• Venoco Resolves Objection To Ch. 11 Disclosure Statements
• Greenberg Traurig Slams Bankruptcy Estate's $2M Clawback
• SandRidge, Breitburn Latest Energy Firms To Hit Ch. 11
• Patriot Coal Trustee Wants $5.1M In Tax Refunds From W.Va.
• What Lies Ahead For Oil And Gas Producers After Sabine
• High Court Rejects Narrow Definition Of Bankruptcy Fraud
• The Top 100 Firms For Minority Attorneys
• The Top 50 Firms For Minority Equity Partners
• White & Case Outpacing Peers In Diversity
• US Law Firms Fail To Move Needle On Racial Diversity
• The 5 Ways BigLaw Is Failing Minorities
• Boeing Duping Court On Discovery In Contract Row, Co. Says
• 'Aggressive' Bankruptcy Trustee Can't Escape Suspension
• Extreme Plastics Creditors Object To Cash Collateral Use
• Fiber Optic Firm Gets Final OK On $5.9M DIP, Bid Procedures
• Ex-Head Of Oil Co. To Pay $3.7M In Sexual Harassment Suit
• Ballard Spahr Tapped As Molycorp Mine's Ch. 11 Counsel
• Elliott, Aurelius Challenge Peabody's $800M Ch. 11 Financing
• Ropes & Gray Seeks $11M For Repping Sabine Creditors
• Protecting Against Financially Distressed Counterparties
• Proskauer Fires Back At Steelworkers' 'Sideshow' DQ Motion
• Ch. 11 Watchdog Questions McKinsey Retention By SunEdison
• Proskauer DQ Sought In Steelworkers' $86M Pension Row
• KaloBios Must Make Decision On Drug Trials, Hospital Says
• ING Says Japanese Co. Must Arbitrate OW Bunker Dispute
• Proskauer Wants Lion's Share Of Stanford Ponzi Suit Axed
• Penn Virginia Hits Ch. 11 With Plan To Shrink Debt By $1B
• UK High Court Rejects Travel Co.'s Bid For VAT Deduction
• Ballard Spahr Adds Bankruptcy Partners From Katten Muchin
• Sureties Appeal Recognition Of Abengoa's Spanish Case
• 'Housewives' Star Says Malpractice Suit Isn't A Ch. 7 Asset
• 2nd Circ. Wrestles With EDMC Out-Of-Court Restructuring
• Sports Authority Lenders Lose Emergency Sales Escrow Bid
• Tribune: The Preemption Road Not Taken
• Corporate Counsel: Consumer Becomes Provider
• RadioShack Lender Fight Over Liquidation Cash Dismissed
• Linn Energy Files For Ch. 11 With $2.2B Loan
• EFH Makes Several Changes To New Ch. 11 Plan
• Wyly Ruling Shows Good Advice Can't Shield Bad Intentions
• Chaparral Energy Able To Tap $141M In Cash Collateral
• Aeropostale Resolves Spat With Supplier
• Sports Authority Vendors Rip Emergency Consignment Appeal
• Orrick Builds Out Paris Office With Addition Of 6 Partners
• Caesars Seeks Quick Win In $7B Note Guarantee Suits
• What Do The Highest-Paid Lawyers Make An Hour?
• LeClairRyan Grows Newark Office With 8 Bankruptcy Partners
• Ritchie Can't Revive GE Suit Over Petters Plot: 2nd Circ.
• Caesars Bankruptcy Highlights Cost Of Conflict
• Wylys On Hook For Tax Fraud, Texas Bankruptcy Judge Rules
• Deal Is Off, But EFH Still Wants Ruling In Oncor Fight
• Oaktree Objects To New Paul Hastings Fees In Molycorp Ch. 11
• EPA Objects To Proposed Sundevil Asset Sale
• Bankrupt PacSun Gets OK To Pay Up To $2M In Exec Bonuses
• Montenegro Defeats Investor Claim Over Steel Plant
• Peabody, CITIC To Sell Off Australian Coal Assets For $88M
• RCS To Get Nod For Ch. 11 Plan After Paring Releases
• Vivint's Merger Breach Claims Draw It Into SunEdison Ch. 11
• Relativity Says Netflix's Plan To Stream Films Is A Threat
• Chapter 13 'Forced Vesting' Remains Widely Unsettled
• Caesars Lenders Say $11.9B Spat Must Wait For Confirmation
• Receiver Rips Winston's Tactics In $107M Malpractice Row
• Sports Agency Trustee Ducks Arbitration In MLB Contract Suit
• US Trustee Blasts PacSun Bid To Seal $2M Bonus Plan Info
• Atty Can't Arbitrate Bankruptcy Fraud Row, 9th Circ. Says
• F-Squared Pushes For Exit From Investor Class Action
• Foreign Ship Fuel Payment Suits Can't Progress, Judge Says
• Phosphate Co. Files For Ch. 11 After Losing Arbitration Row
• Chaparral Energy Lists $1B In Debt In Ch. 11 Petition
• Hedge Fund Seeks Toss Of Failed American Apparel Deal Suit
• NY Bankruptcy Judges Irked By Long-Winded First-Day Filings
• Robins Kaplan Hires Ex-Weil Restructuring Atty In NY
• Budd Co. Nears Ch. 11 Exit With Disclosure OK
• Variant's Ch. 11 Plan Confirmed As Last Properties Sold
• Verso Gets Nod To Solicit Creditors On Ch. 11 Plan
• Dewey's DiCarmine Charts Dangerous Course In Pro Se Bid
• Emerald Oil's DIP Approved Without $110M Rollup
• Del. Judge OKs KaloBios Ch. 11 Disclosure, Investor Pact
• Jumio Sale To Centana Growth Partners Approved
• Texas Justices Refuse To Review Atty Hospital Fraud Row
• Caesars Hires Ex-GM Bankruptcy Judge To Lead Restructuring
• Atty Asks 11th Circ. To Reconsider Suit Over Fla. Bar Denial
• Conflict Bars Dechert From Representing Shlosberg Creditor
• The Fastest Rocket Docket For The 8th Straight Year
• Skadden Fees Under Scrutiny In SunEdison Bankruptcy
• Blocking A Bankruptcy Filing Still A Remote Possibility
• Dewey's DiCarmine Wants To Represent Himself At Retrial
• RCS Capital's Ch. 11 Plan Needs Legal Fix, Judge Says
• Miami-Dade Mayor Asks Fla. To Intervene In Distressed City
• Shkreli Associate Says He Was Cut Out Of $8M KaloBios Pact
• Caesars Creditors Challenge Bid For Defense Cost Coverage
• 3rd Circ. Asked For Redo In $1.45M Shipping Lien Suit
• Christie Decries Inaction On Atlantic City Bailout Plan
• OppenheimerFunds Is On The Make In Puerto Rico, SEC Told
• 50 Cent's Boxing Promo Co. Seeks Bankruptcy Suit Dismissal
• 3rd Circ. Upholds EFH's $4B Ch. 11 Deal With Noteholders
• Aeropostale Gets Breathing Room With $100M Financing
• $1.4B Arbitration Windfall A Beacon For Private Funders
• Sports Authority Can Pay Workers $1.2M To Stick Out Ch. 11
• 6 Ways Lawyers Can Enhance Cross-Office Communication
• Helicopter Co. CHC Group Hits Ch. 11 Amid Oil Downturn
• HSH Nordbank Settles Developers' $200M Loan Suit Midtrial
• New Tax Litigation Troubles For Liquidating Trustees
• Jumio Stakeholders Urge Toss Of Ex-Director's Ch. 11 Terms
• Emerald Oil Judge Wants Changes To $130M DIP Loan
• Fairway Gets Nod To Begin Tapping $55M Ch. 11 Loan
• Divide On Atlantic City Bailout Plan Widens On Eve Of Vote
• Stroock Hit With Malpractice Suit Over Soured Loan Deal
• Willkie Farr Snags Ex-Kirkland Financing Pro In London
• HSH Nordbank Misled Developers On $200M Loan, Jury Told
• 3rd Circ. Nixes Le-Nature's Exec's Appeal Of 15-Year Sentence
• Caesars Gives Blessing For Creditor Suits To Move Forward
• Ex-RCS Brass Get Nod To Tap D&O Coverage In Ch. 11
• What Is Your Squirm Factor?
• Sabine Gets Final OK To Nix Midstream Contracts In Ch. 11
• Valeant — A Case Study In Rotten Culture And Business Ethics
• Aeropostale Hits Ch. 11, Plans To Shutter 154 Stores
• US Nortel's $7B Allocation Ruling Appeal Axed In Canada
• 3rd Circ. Blocks Pa. Bankruptcy Related To Failed Fla. Case
• PacSun Gets Del. Judge's OK For Ch. 11 Bid, Auction Plan
• Madoff Trustee Can Depose Convicted Ex-Employees
• Sports Authority Gets Nod For $600M DIP Loan After Changes
• Laid-Off TransCare Workers Sue Lynn Tilton's Equity Firm
• Republic Gets Nod On Delta Deal, $75M Ch. 11 Financing
• KaloBios Investor Settlement Hints At Kaye Scholer Suit
• 7 Stages Of Grief: Impact Of Oil Downturn On Energy Attys
• Grocer Fairway Group Files For Bankruptcy
• Ex-Jumio CFO Seeks D&O Coverage Amid Securities Probe
• 9th Circ. Lifts Sanctions On Atty Who Sued Ch. 11 Trustee
• Del. Judge OKs Molycorp Mine Trustee, Ch. 11 Spinoff
• KaloBios Reaches Deal To End Fight Over $8M Investment
• White House Pushes Ch. 9 As Puerto Rico Skips Payments
• Greenberg Traurig Sued Over $2M In Pay From Bankrupt Firm
• Horsehead Equity Holders Granted Ch. 11 Committee
• Ultra Petroleum, Midstates Petroleum Latest To Hit Ch. 11
• Brazilian $400M Liquidation Admin To Seek Assets In U.S.
• Atlantic City Pays Bond Debt, Still Needs Bailout, Mayor Says
• Munsch Hardt Snags Norton Rose US Bankruptcy Pro In Houston
• EFH Judge Won't Rush First Stage Of New Ch. 11 Plan Push
• Dex Media Plans $2B Debt Swap In Ch. 11 Prepack
• Developments At The NAIC Spring Meeting: Part 3
• EFH Unveils New Ch. 11 Plan After $20B Oncor Deal Falters