Bankruptcy Archive » June, 2016

Bankruptcy - June, 2016

324 articles

• Fla. Heart Doc To Pay $2M To Settle FCA Suit
• Dick's Wins Ch. 11 Auction For Sports Authority IP
• Caesars Seeks To Pay Down $300M In Ch. 11 Bank Claims
• Puerto Rico Utility To Avoid Default With $415M Payment
• DLA Piper Strikes Merger Deal With Swedish Firm Gronberg
• Triangle USA Hits Ch. 11 To Swap $381M In Debt For Equity
• SEC Loses Fraud Case Against TMST Mortgage Execs
• Gawker's Union Contract Up In Air, Ziff Davis Says
• Gawker CEO Denton To Be Deposed By Hulk Hogan's Attys
• Picard Begins $190M Distribution To Madoff Investors
• NY Should Unify Standards For Atty Fees Against State Agency
• Puerto Rico And The Importance Of Legislative History
• US Gov't Forgave $171M In Loans For Corinthian Students
• Texas Atty Can't Duck $1.1M Malpractice Row In Illinois
• Caesars Parent To Chip In More Cash In Chapter 11 Plan
• Ambac Sued Over $2.5B Puerto Rico Bonds, Other Investments
• IHeart Media Discussing Exchange Offer With Debt Holders
• REBUTTAL: Lenders Won't Lose Mortgage Priority In NJ
• Lehman Brothers Trustee Doles Out $667M To Creditors
• West Virginia Co. Challenges Alpha Natural Ch. 11 Plan
• Newbury Ch. 11 Auction Nets $137M, Possible Exit For Case
• NJ Justices Undo Judgment Over Bankruptcy-Tainted Funds
• SunEdison Shareholder Fights MoFo's 'Ivy League' Rates
• Wyly Says SEC Seeks 'Leg Up' On His $250M In Annuities
• Auto Parts Firm Asks For $100M DIP Loan From Creditors
• How To Manage Your Law School Debt After Graduation
• Senate Passes Puerto Rico Bill Ahead Of $2B Debt Payment
• Pa. Atty Defends Filing 'Fanciful, Farfetched' FCRA Suits
• AstroTurf Files For Ch. 11, Announces Sale Amid $30M IP Loss
• High Court's Structured Dismissal Review May Alter Ch. 11
• Seventy Seven Energy Gets Nod For $100M DIP, Sealed Terms
• Fla. Wants More Claims In Insurer's Mismanagement Row
• Quicksilver Ch. 11 Disclosure OK'd Over Vote Rig Challenge
• How To Become The Firm Every GC Wants To Hire
• The 24 Firms GCs Love The Most
• Feds Want 7 Years For Fuel Co. Exec In $30M Bank Fraud
• Boeing Says Russian Co. Can't Trim $325M Rocket JV Loss
• Sports Authority Expects Competitive Ch. 11 Auction For IP
• Bankruptcy-Remote Structures At Risk
• Justices To Look At Scope Of Structured Dismissals In Ch. 11
• The Firms That Won Big At the Supreme Court
• The Top Supreme Court Dissents Of The Term
• The Supreme Court Term By The Numbers
• The Funniest Moments Of The Supreme Court's Term
• A Divided Court Finds New Ways To Be Unanimous
• High Court Pass Not The End Of Usury Law Question
• 8 Wasn't Enough For Lawyers Seeking High Court Clarity
• Hammons Seeks Ch. 11 Break From Sprawling Litigation
• Dex Media Ch. 11 Dates Hold Despite Investor Value Protest
• Disbarred OJ Atty Hits Bankruptcy With $5.1M In Tax Debt
• 'Dance Moms' Star Pleads Guilty In Bankruptcy Fraud Case
• Judge Removes Self From Prepa Kickback Suit
• $60M For EFH Ch. 11 Confirmation Trial Brings Fees To $350M
• Pacific Sunwear Gets OK On Ch. 11 Disclosure Statement
• Madden High Court Denial — Much Ado About Not Much
• 2nd Circ. Tosses Atmel Fraud Suit Over French Plant Closure
• 'NSA-Proof' Phone Maker Allegedly Considering Bankruptcy
• US Challenges Releases In Alpha Natural Ch. 11 Plan
• The Cloud And Ethical Considerations For Lawyers
• Obama Administration Urges Senate To OK Puerto Rico Bill
• Sam Wyly Tax Bill Totals $1.1B In Fraud Case
• 7th Circ. Provides Road Map For Preference Defendants
• Supreme Court Rejects Cert. In Key Securitization Case
• KaloBios, Shkreli Deal Gets Final OK In Bankruptcy Court
• Mayer Brown Escapes Class Action Over $1.5B GM Loan
• Investment Funds Sue Caesars Over 'Malicious' NY Suit
• Hedge Fund Looks To Reboot Costco Suit Over Ponzi Scheme
• Goodrich Seeks Emergency Hearing On Asset Bidding Rules
• Sabine Creditors' Bid To Sue Over Merger Blocked On Appeal
• Deals Rumor Mill: Fresenius, Sports Authority, EQT
• Cal Dive Seeks $10M In Payments Under Ch. 11 Sale Deal
• Quiksilver Carves $2.6M Deal To Resolve Trademark Spat
• Arch Coal Creditors Seek Mediator After Talks Stall
• Genova Burns' Settlement With NJ Water Agency Hits Snag
• Chicago Co. Files For Bankruptcy Amid $160M Visa Fraud Case
• Venoco Noteholders Attack Ch. 11 Plan As 'Collusive Scheme'
• Anguilla Bank's Quest For Ch. 11 Discovery Dealt Setback
• Indicted NJ Landfill Owner Seeks Ch.11 Protection
• GM Says Bankruptcy Sale Nixes Non-Switch Claims
• Sports Authority Landlords Want Lenders To Cover Some Rent
• Proskauer Says Investor Group Can't Sue Over Stanford Scam
• EFH Ch. 11 Could Stretch Into 2017 Or Beyond, Experts Say
• How Lawyers Can Harness The Power Of Social Media
• Unsecured Creditors Can Widen Ryckman Creek Ch. 11 Probe
• Silver Point Says Quicksilver Ch. 11 Plan Rigs Vote Results
• Argentina Reaches $95M Settlement With Greylock Capital
• No Payday In Sight For Yellow Cab Creditors Counsel
• 11th Circ. Remands Greenspoon's Atty Fee Sanction Award
• Fox Rothschild Attys Accused Of Meritless Litigation
• Verso Paper Turns New Leaf With $2.4B Restructuring OK
• Aletheia Trustee Says Gibson Can't Represent O'Melveny
• Aeropostale Seeks Nod On $3M In Cash Bonuses For Execs
• Puerto Rico Gov. Says Creditor Suit Threatens Services
• MagCorp Trustee To Sell $213M Renco Judgment Stake
• Ex-Fla. Atty Gets 6 Months For Embezzling Funds As Trustee
• Red Or Black? Difficult Decisions Ahead For Atlantic City
• Hercules Offshore Ch. 11 Slowed By Equity Group Inquiries
• Courts Cast Doubt On Common Bankruptcy-Blocking Tactic
• From The Partner's Desk: Tips For Recent Law Grads
• Banks Face Stress Over Fed's Risk Management Review
• Fed's No. 2 Defends Efforts To End Too Big To Fail
• US Trustee Objects To Seventy Seven Energy DIP Term Seal
• Cory Booker Ducks NJ Water Agency Mismanagement Suit
• SunEdison CEO Resigns 2 Months After Filing For Ch. 11
• Caesars Ch. 11 Plan Gets January Confirmation Hearing
• PacSun Workers Allowed To Assert Class Claims In Ch. 11
• VLM Airlines Declares Bankruptcy, Cancels All Flights
• Netflix Invokes 1st Amendment In Relativity Streaming Fight
• Holland & Knight Says It's Not To Blame For Client's Fraud
• Health Republic's Curious Liquidation: Part 2
• What's At Stake In Marblegate
• 'Taking My Talents To South Beach': Law Firm Version
• Variant Wants Probe Of Ex-Counsel For Alleged Malpractice
• Dorsey & Whitney Adds Bankruptcy Pro To Palo Alto Office
• Caesars Noteholders Want Confirmation Trial Moved To Jan.
• Judge Blasts Atty Over 'Fanciful, Farfetched' FCRA Suit
• Bryan Cave Bankruptcy Group Adds Ex-Bracewell Defense Pro
• 'Dance Moms' Star To Plead Guilty In Bankruptcy Fraud Case
• US Trustee Says Constellation Risks Ch. 7 Conversion
• Dickinson Wright Enters Hot South Florida Market
• Kirkland & Ellis Asks For $6.6M For Magnum Hunter Ch. 11
• Drivers Say GM Restructuring Doesn't Bar Non-Switch Suits
• Paragon's Term Loan Lenders Doubt Restructuring Plan Viable
• New S. Fla. Bankruptcy Court Chief Warns Of Judge Shortage
• Fiat Chrysler Belongs In Botched-Recall Suit, Jeep Owners Say
• 4 Tips For Bankruptcy Associates Looking To Make Partner
• Puerto Rico Bondholders Sue To Nix Debt Moratorium Law
• Brazil Telecom Co. Hits Bankruptcy After Creditor Talks Fail
• Health Republic's Curious Liquidation: Part 1
• Firms Must Plant Roots In These Cities To Compete Globally
• 4 Firms Lead The Pack In Global Expansion
• Law360 Reveals The Global 20 Firms Of 2016
• Sundevil Seeks DIP Loan Extension, Releases For Lenders
• Hogan Objects To Gawker's Bid To Auction Legal Claims
• Life Partners Trustee Secures Support For Ch. 11 Plan
• Alpha's Ch. 11 Plan Lacks Enviro Protections, Feds Say
• Creditor Seeks Dismissal Of Newbury Affiliate's Ch. 11
• Ex-Kirkland Bankruptcy Partner Joins King & Spalding
• Festival Promoter SFX Abandons Ch. 11 Restructuring Pact
• Bankrupt Vestis Gets Nod For Private Sale To Versa
• Horsehead Equity Committee Counsel Fees Capped At $1.75M
• Maxus Energy Hits Ch. 11 Ahead Of NJ Pollution Trial
• NJ High Court: Lenders Could Lose Their Mortgage Priority
• In Congress: Brexit, Puerto Rico, 2nd Amendment Showdown
• The Empire Strikes: Thoughts On Gov't Puerto Rico Decisions
• PacSun Axes Ch. 11 Auction For $88M Debt-Equity Swap
• Ex-Womble Carlyle Atty Opens Shaw Fishman Del. Office
• Ex-Fla. Atty Who Embezzled Funds As Trustee Seeks Probation
• EFH Senior Noteholders Appeal Denial Of Make-Whole Demand
• 'American Idol' Producer Wants Out Of Manhattan Lease
• Oaktree Claims Paul Hastings' Molycorp Fees $5M Over Limit
• Sports Authority Vendors Want Goods Back Without Liens
• American Apparel Seeks Charney Arbitration To Nix Bad Press
• Things A Bankruptcy Attorney Should Never Say In Court
• Gas Utility Doesn't Think Ryckman Can Perform Post-Ch. 11
• GTAT Sues Dow Corning To Shake Trade Secret Allegation
• Quirky Says Payroll Records Refute IRS Claim
• 2nd Ex-Haynes Bankruptcy Partner Joins Greenberg Traurig
• Consumers Sue Fannie Mae Over Credit Inquiries
• NY Atty Gets 16 Months For Faking Judge's Signature
• 2nd Circ. Has Little Patience For Ex-DHB GC's Latest Appeal
• Confirmation Battle Looms As Caesars Gets Ultimatum
• Abengoa Gets Nod On Bonus Payments To US Executives
• EFH Can Solicit T-Side On Ch. 11 Plan Despite Tax Worries
• Newbury's $170M Building-Sale Plan Gets Rush Of Objections
• SEC Requires Input On SIPC Broker-Dealer Fee Changes
• Apollo, Momentive Defend Controversial Ch. 11 Plan
• Bill Seeks End To Coal Industry Self-Bonding For Cleanups
• Nigeria Tells DC Circ. There's 'No Doubt' Award Is Fraud
• Madoff Investors Get $247M In Latest Approved Distribution
• Data Co. Says Contract War With Game Co. Led to Ch. 11
• Brokers Must Face $97M Oil Securities Claims, Judge Told
• Gawker Gets Initial Nod On $22M Ch. 11 Financing
• KaloBios Plan Confirmed In Tumultuous Ch. 11 Case
• Horsehead Equity Panel Seeks Docs In Value Probe
• Skadden Blasts $30M Malpractice Suit Over Alleged Conflicts
• Paragon Ch. 11 Plan Confirmation Trial Set For Next Week
• Gawker, Hulk Hogan Agree To Temporary Standstill
• Constellation Gets OK For Ch. 11 Bid On Steel Foundry
• SunEdison Retirees Say Bankruptcy Shouldn't Halt ERISA Suit
• Arch Coal Creditors Want Execs To Pay Back Bonuses
• 3rd Circ.'s Nuanced Approach To 'Equal Treatment' In EFH
• Caesars Gets Short Breather From Creditors' Quest For $11B
• Gawker Threatened With Suit Over Trump Hairpiece Story
• Mitchell Silberberg Can Arbitrate $1.3M Bergstein Fee Row
• Hastings Entertainment Parent Gets Access To $90M DIP Loan
• ABA Says 9th Circ. Decision Disrupts Bankruptcy Appeals
• Peabody Seeks To Pay Workers $3M To Ride Out Ch. 11
• K&L Gates Adds Ex-Jones Day Finance Pro In Pittsburgh, NY
• Howrey Trustee Diamond McCarthy Seeks $8M Fee Approval
• The Differences Between Lien And Debt Subordination
• Troubled Malaysia Fund Hit With $6.5B Arbitration Bid
• 6 Factors Every Law Firm's Gender Diversity Initiative Needs
• Ex-Zuckerman Corporate Litigator Heads To Jones Day
• Hercules' Quick Ch. 11 Schedule Set, But Judge Will Review
• Genova Burns Settles With Defunct NJ Water Agency For $1M
• Heller Ehrman Tells 9th Circ. Ex-Attys Can't Keep Profits
• Horsehead, Noteholders Call Committee Fee Bid Too High
• Puerto Rico Leverage Over Debt Further Limited By High Court
• Caesars Pleads For More Time In $11B Creditor Dispute
• Attorneys React To High Court's Puerto Rico Debt Ruling
• Bankrupt Sports Authority Gets OK To Alter DIP Loan Terms
• Ex-Casino Exec's Estate Says $272M Fight Belongs In Probate
• SEC Can Tell Jurors TMST Execs' Income In $428M Trial
• EXCLUSIVE: Gawker Union Deal In Limbo Under Ziff Davis Bid
• Premium Transportation's Ch. 11 Case To Stay In Delaware
• Dorsey Nabs Gibson Dunn Bankruptcy Partner For NY Office
• Hastings Entertainment Owner In Del Ch. 11, Plans Sale
• Abengoa Says Bidders Will Pay $360M For US Ethanol Plants
• Sabine Oil Begins Defense Of Restructuring Plan
• High Court Ends Puerto Rico's Restructuring Law
• It Ain't Over Till When? The Question Of Finality
• Insurer On Hook For Nonprofit Management Suit, Receiver Says
• A Wrestler, A Billionaire And Revenge Level New Media Titan
• Bankrupt Gas Co. To Pull 1 Claim In $565M Row With Egypt
• Gawker Turns To Tireless Ropes & Gray Atty For Ch. 11 Rescue
• EFH Warns Of $4B Tax Bill For Creditors
• Texas Lawyer Spared $40M IRS Fine Over Tax Shelter Tips
• Aéropostale Gets OK For $160 Million In DIP Financing
• Caesars' Parent Stalling Suits Over $7B Notes, Creditors Say
• Fed, FDIC Give Small Foreign Banks Living Will Leeway
• Obama Nominates Baker Botts Partner To SIPC Board
• Andorra's Inaction Led To Bank Failure, $411M Suit Says
• Gawker To Sell Assets After Sex-Tape Verdict Tilts It Into Ch. 11
• Are Litigant-Litigation Funder Communications Protected?
• In-House Teams Are Voting With Their Feet — And Then Some
• Lender Make-Whole Bid Risks 'Disaster,' EFH Tells 3rd Circ.
• Lehman Creditors To Pick Up $2.8B Payout Next Week
• BofA, Credit Suisse Settle With Funds Over $1B Refco Scam
• McGlinchey Stafford Adds Bankruptcy Pro As 1st NY Partner
• Evergreen Retainers Approved In Chaparral Bankruptcy
• US House Votes To Intervene In Puerto Rico Debt Crisis
• Aeropostale Closes In On Deal For $160M Ch. 11 Financing
• Maine Objects To Papermaker Verso's $2.5B Ch. 11 Plan
• SEC Can't Use Evidence Against TMST Execs In $428M Trial
• Getting The Most Bang For Your 503(b)(9) Bucks
• IRS Limits Taxpayer Definition For Bankruptcy Exclusions
• High Court Says Puerto Rico Is Not Sovereign In Criminal Case
• Casino Co.'s Involuntary Bankruptcy Tossed By Del. Judge
• Kirkland Atty Testifies As Caesars Calls For Litigation Hold
• Phoenix Brands Gets OK On Reworked DIP Loan, Bid Process
• Samson Rips Creditors' Ch. 11 Control Move, Urges Sanctions
• Settlement Reached In $111M Taylor Bean Coverage Dispute
• Seventy Seven Energy Gets OK For Lightning-Quick Ch. 11
• Wyly Judge Won't Wait For 2nd Circ.'s Word In $299M Appeal
• Constellation Wins Interim DIP Loan OK, But New Fight Looms
• S&P Says AC Bailout Measures Aren't A Long-Term Solution
• Banks Leery Of Int'l Costs For GOP Dodd-Frank Replacement
• Thompson Coburn Can't Duck Tech Firm's Negligence Claims
• Boeing's $325M Rocket JV Win Too Big, Court Told
• Pacific Exploration Gets US Nod For $5B Canadian Revamp
• 7 Tips For Writing An Effective Amicus Brief
• The 25 Law Firms GCs Recommend To Their Friends
• Thelen Estate To Get Cut Of $200M Artemis Settlement
• Are You Covered? Insured V. Insured Exclusion In Ch. 11
• 5 Insights From Garden City Group GC Scott Nader
• Hercules Shareholder Says Ch. 11 Sell-Off Plan Unnecessary
• Dewey Trust Says Malpractice Row Duplicates Past Lawsuits
• Haynes And Boone Picks Up Bankruptcy Trio From Winstead
• Excess Insurers Off Hook In Asbestos Row, Ch. 11 Judge Says
• KaloBios Ties Up Loose Ends For Ch. 11 Plan Confirmation
• SunEdison Gets Final OK To Tap $300M Ch. 11 Loan
• Fairway Market Gets Nod On Ch. 11 Plan
• 2 Plaintiffs Firms Hit With New Asbestos Racketeering Suits
• Intervention, Creditor Reach Temporary Ch. 11 Peace Accord
• Ex-JV Partner Slams Boeing's Bid To Chase $515M Award
• Seventy Seven Energy Hits Ch. 11 To Shed $1.1B In Debt
• Boeing Says Ex-Venture Partner Can't Sell Off Launch Biz
• Rit Dye Maker Creditors Say Ch. 11 Sale Plan Won't Wash
• SunEdison Shareholders Want Say In Co.'s Ch 11
• No Conspiracy To Drive Out Magazine Supplier, 2nd Circ. Told
• Bankrupt Emerald Oil Sues Over Midstream Contracts
• SEC Slams Wyly's Attempt To Shield Assets From Creditors
• Dewey Moves From Courtroom Stage To Musical Spotlight
• Nortel OK'd For $14.2M Payout Amid 'Pandora's Box' Warnings
• SFX To Sell Ticketing Website For $4M In Ch. 11 Case
• Intervention Had Right To File For Ch. 11 , Judge Says
• Dallas Firm Burt Barr Fights Client's Malpractice Suit
• Global Regulators Lay Out Insurer Living Will Principles
• Caesars Says Creditors Have Enough Plan Info To Move Ahead
• Greenberg Traurig Should Face $2.2M Clawback, Agent Says
• Hercules Offshore Hits Ch. 11 Again Months After Prior Case
• In Congress: Looking To Ramp Up Review Of Legislation
• EFH Judge Nixes First-Lien Make-Whole Demand From Juniors
• Stanford Receiver Hits Back On Proskauer's Bid To Nix Claims
• Paragon Offshore Ch. 11 Exit Plan Hits $22M IRS Speed Bump
• Banks Reiterate Colonial Suit Hinges On Repose Statute
• US Trustee Blasts Latham's Retainer In Chaparral Ch. 11
• Bankruptcy Watchdog Raises Red Flag Over Fairway Releases
• Bank Says Parts Firm's Lack Of Loan Threatens Ch. 11
• Caesars Seeks To Convert Units To LLCs To Ease Tax Burden
• Extreme Plastics Keeps Exclusive Control of Del. Ch. 11
• The Value Of Bankruptcy Trust Claims In Asbestos Defense
• Bankrupt Constellation Enterprises Unit Hit With WARN Suit
• Chinese Developer Kaisa's $3B Restructure Gets Nudge In NY
• Warren Resources Becomes Latest Oil Co. To Hit Ch. 11
• KaloBios Puzzled By Hospital's Contract Decision Demand
• Intervention Says Ch. 11 Filing Didn't Need Lender's Approval
• Nortel Poised To Shell Out $14.2M In Ch. 11 Claims
• Unable To Sell The Business, UK Retailer BHS To Close
• Peabody Energy Sues Over Failed $358M Mine Sale
• SunEdison Gets Nod On $22M Sale Of Wind Energy Project
• A Brief History Of Law Firm Cyberattacks
• UCI Auto Parts Firm Skids Into Ch. 11 With $469M Debt
• Defunct Paper Co. To Pay $5.4M To Nix FERC Manipulation Suit
• Adelphia's $149M Recovery Bid Falls Flat Before 2nd Circ.
• How Criminal Cases Affect Bankruptcy: Debunking The Myths
• Goldman, Barclays, 6 Others Ink $190M FDIC Deal Over RMBS
• Judge Skeptical Of Quick Appeal In Sabine Midstream Dispute
• Arbitration Of O'Melveny Malpractice Claim Stalls
• Vertellus Snares $110M In DIP Financing In Ch. 11 Case
• Richards Kibbe & Orbe Adds Ex-Kramer Levin Bankruptcy Atty
• Constellation's $32.5M DIP Loan Rejected As Is
• 7th Circ. Weighs Frivolity Of Old Debts In Bankruptcy Court
• Merkin Fights To Block Trial In Madoff Clawback Suit
• Saul Ewing Adds Lowenstein Sandler Bankruptcy Pro In NJ
• Bankrupt Vestis Gets Nod To Pivot To Private Versa Sale
• Ex-TMST Exec Takes SEC Deal Over $428M Loss Ahead Of Trial
• Trustee, Others Say Caesars' Ch. 11 Disclosure Still Lacking
• BP Agrees To $25M Deal Resolving ATP's Deepwater Claims
• Mets Owners Score Extra Innings To Pay $61M Madoff Deal
• Ex-Enron Unit Blasts Fraud Claim, Defends Award In DC Circ.
• Learning From Energy Future's Mistakes
• 5 Firms Say $17M In Leases Off Limits To Bankrupt ATP Oil