Bankruptcy Archive » July, 2016

Bankruptcy - July, 2016

305 articles

• Wyly Trustee Says Vinson Can't Get Paid For Exemption Fight
• Gawker's Denton Maneuvers Again In Bid To Avoid Bankruptcy
• 2nd Circ. Rebuffs Funds' Claims JPMorgan Aided Refco Fraud
• Texas Businessman Cops To Defrauding Law Firm Clients
• Sports Authority Reaches Deal To Pay Rents, Avoid Ch. 7
• Investment Managers Fight GM Trust Proposed Loan Deal
• Bankrupt Quirky Ducks Most Of $1M IRS Payroll Tax Claim
• Support Co. Says Troutman Stiffed It In Commerzbank Case
• SunEdison Plan Members Denied Bid To Revive ERISA Suit
• 2nd Circ. Affirms Nix Of Ex-DHB GC's Suit Over $1.9M Fees
• Atlas Resources Set For Speedy Trip Through Ch. 11
• Halcon Gets Nod For High-Speed Trip Through Bankruptcy
• Summer Session At The 2nd Circ.
• Prevent Litigation From Becoming A Threat To Data Security
• NextEra To Buy Bankrupt EFH In $18.4B Deal
• Rothstein Feeder Fund Settles With Insurers For $2.2M
• Retailer Claire's Reportedly Seeks Debt Restructuring
• Triangle, Contractor Rumble Over Pipeline Deal In Ch. 11
• Business Bankruptcies Largely Flat In Past 12 Months
• Hercules Equity Holders Object To Ch. 11 Plan Releases
• Apollo Calls Out Caesars Creditors For Wasting Time
• SynCardia Creditors Worried Over DIP, Bidding Orders
• SunEdison Gets Nod On $7.6M Bonus Plan
• Pa. Atty Suspended 6 Months After Ditching Bankruptcy Cases
• Cos. Face Greater Fraudulent Transfer Risks Post-Lyondell
• Transfers Via Bank Outside Of Safe Harbor, Says 7th Circ.
• 3rd Circ. Upholds Sun Capital's Exit From WARN Act Suit
• Halcon Hits Ch. 11 With Plan To Clear $1.8B Of Debt
• OPINION: Our Juries Are Being Circumvented
• 9th Circ. Wants Calif. Justices' Input In Heller Dispute
• Jumio Equity Committee OK'd To Hire K&L Gates, Pachulski
• Bind Therapeutics Wins OK Of $40M Ch. 11 Sale to Pfizer
• $6B In Lyondell Clawback Claims Wrongly Nixed, Judge Finds
• Bankruptcy Watchdog Blasts Hercules Offshore's Ch. 11 Plan
• Genovese Joblove & Battista Adds 2 Attys In Miami
• Emerald, Dakota Clash Over Del. Ch. 11 Pipeline Charges
• Atlantic City Needs NJ Loan For Debt Payment, Moody's Says
• GM Will Seek High Court Review If 2nd Circ. Won't Flip Ruling
• Caesars Creditors Want Apollo Punished For Blown Deadlines
• SEC Snags $68M Judgment Over EB-5 Investor Scam
• SFX Entertainment Unveils Revised Ch. 11 Exit Strategy
• Gawker's Denton Gets Breathing Space For Hogan Appeal
• Yellow Cab Creditors Can Depose CFO Despite Opposition
• Sabine To Win Approval Of Ch. 11 Plan
• Legal Aid, Meet Legal Tech
• 4 Traits Of The Top Litigation Firms
• 5 Small(er) But Mighty Litigation Shops
• Law360 Names Top 50 Firms For Litigation
• Firm Says Old Work For Fox Rothschild Foe Not DQ-Worthy
• Oaktree, Paul Hastings Battle Over $5M Molycorp Legal Tab
• Emerald Oil Stalking Horse Raises Bid From $73M To $110M
• Fontainebleau Trustee's $3.5M Deal With Deloitte Approved
• 7th Circ. Says Tax-Deferred Annuities Shielded From Creditors
• Food Co. Workers' $2.9M Wage Suit Win Can't Trump Ch. 11
• Essar Steel Approved For High-Priced, $35M DIP In Del. Ch. 11
• Gawker's Denton Seeks Stay To Avoid Personal Bankruptcy
• PacSun Resolves $2.4M Retirement Claim With Ex-CEO
• Intervention May Be Close To Resolving Lender Dismissal Row
• Energy Investor Atinum Hits Ch. 11 After $365M Debt Default
• Skadden Adds Pair Of Restructuring Partners From Jones Day
• Creditor Vote Set On Saratoga Resources Ch. 11 Plan
• DBSI Trustee Wants IRS To Return All Ponzi Funds
• 'American Idol' Producer OK'd To Poll Creditors On Ch. 11 Plan
• 2nd Circ. GM Ruling Shows Value Of Debtor's Disclosures
• Testing The UBE: Portable But Inaccurate Bar Exam Scores
• Couple Indicted After Meningitis Outbreak Want Charges Axed
• TerraForm Power Adopts Poison Pill As Big Buyers Circle
• Aeropostale Gets OK To Poll Voters On Ch. 11 Plan
• Paragon Offshore Lenders Want Privileged Settlement Docs
• 'American Idol' Producer Defends $30M DIP Loan
• Vertellus Wants Nod For Severance Deal To Protect Secrets
• 9th Circ. Rules Former Ski Club Owner Owes $286M
• 3 Tips For Acing A Prepackaged Ch. 11
• RadioShack Employees Want Prebankruptcy Vacation Wages
• Jumio Avoids Ch. 7 Conversion With Complex Settlement
• Testing The UBE: Missouri Benefits From Uniform Bar Exam
• Atlas Resources Inks Ch. 11 Prepack To Nix $900M In Debt
• Texas Bankruptcy Courts Boom With Commodities Bust
• Sports Authority's Unsecured Creditors Urge Ch. 7 Conversion
• Peabody Bankruptcy Judge OKs Self-Bonding Challenges
• CFPB Blasts Attys' Bid To Duck Morgan Drexen Judgment
• Fox Fights Comcast's Docs Bid In Network Bankruptcy Suit
• Hastings Parent Gets Green Light For Liquidation Sales
• The Most Influential Bankruptcy Judges In History
• Constellation Reports Del. Ch. 11 Gains, Delays Final DIP
• NovaStar Successor Files For Ch. 11 Protection
• PROMESA Shields Puerto Rico Behind A New Automatic Stay
• C&J Energy Gets OK To Begin Tapping $100M Debtor Package
• Law Firms Deny Liability In $173M Morgan Drexen Battle
• BakerHostetler Seeks $35M In Fees For Madoff Trustee Work
• Broncos Want $1M From Sports Authority Over Ad Deal
• Army Contractor's Stockholders Seek To Pause Sanctions Bid
• Liquidators Win Ch. 11 Auction For Assets Of Hastings Parent
• MF Global Inks $159M Deal To End Exec, Customer Rows
• Lehman Wants To Cross-Check Assured In $1.4B Fee Fracas
• Sports Authority Creditors Fight $71M Lender Deal, Bonuses
• Lehman Brothers Beats $63M In Banks' Bankruptcy Claims
• Curing Substantive Ambiguities In Debt Documentation
• Riker Danzig Wins NJ High Court Victory In Mortgage Row
• Life Partners Seeks Nod On $10M In New Ch. 11 Financing
• SunEdison Gets Nod On $80M Sale Of Solar Energy Project
• Brooke Ex-CEO Complains Of 'Lackadaisical' Estate Oversight
• Mayer Brown's Win In GM Loan Case Spurs 7th Circ. Appeal
• Triangle Investor Sues Over Exec. Bonuses To Bankrupt Unit
• Kirkland DQ Dispute Could See Jones Day Sanctioned
• Why Gawker Lost Its Bid To Protect Nick Denton From Hogan
• Essar Steel Seeks $35M DIP OK, Warns Of Liquidation Risk
• IRS Objects To $61M Loan Claims In Wylys' Bankruptcies
• EFH Judge Won't Force Mediation Ahead Of Plan Confirmation
• Boeing Hit With Sanctions Bid In $1.2B Contract Dispute
• Premium Transportation Coasts Through Ch. 11 Plan Approval
• SunEdison Mulling Sale Of TerraForm Global
• Atty Fears Reprisal If YPF Takeover Suit Lands In Argentina
• Pachulski, Kelley Drye Seek To Affirm Sanctions In Ch. 7 Row
• Phosphate Firm Must Face Creditors In Oz After Ch. 11 Axed
• Corrected: CFPB Reaches $107M Settlement In World Law Group Debt Scam
• DLA Piper Opens Puerto Rico Office With 4 Finance Partners
• Gridiron Claims 'Corrupt' LTC Induced $50M Investment
• Upstream Energy Co. Luca Seeks Ch. 11 Plan
• Gawker Can't Shield Chief From Judgment
• Horsehead Investors Battle To Lead Securities Class Claim
• Netflix Says Relativity Using Bankruptcy To Duck Arbitration
• Dell Objects To Toshiba-Samsung Ch. 15 Discovery Protection
• Magnum Hunter Escapes $22M In Creditor Estate Claims
• NYCHA Can't Revive Asbestos Removal Bid, 3rd Circ. Says
• Emerald Oil Wants Exec Who Quit Early To Repay Bonus
• Target Investors Want Robbins Geller, Labaton To Lead Suit
• 9th Circ. Says Ski Club Can Recover $220M From Ex-Owner
• Ameritox Awarded $1.1M In Interest For Patent Case
• Lehman Court Flip-Flops On Flip Provisions
• DocuSign Leads To Sanctions For Calif. Bankruptcy Atty
• Hastings Owner May Get Going-Concern Bid At Ch. 11 Auction
• Chancery Says Ex-Hipcricket Exec. Nicked Trade Secrets
• Hercules, Lenders Have Revealed Enough, Judge Says
• Aeropostale Says Restructure Unlikely, Pivots To Sale
• Hercules Lenders Fight Bid For Privileged Docs In Ch. 11 Probe
• Bankrupt Republic Airways Says Brass Deserve Bonuses
• Phoenix Brand Sales Net $30M To Pay Off Senior Creditors
• O'Melveny Rips Trustee's Evidence Qualms In Gibson DQ Row
• 5 Ways For Bankruptcy Attys To Nail Their First-Day Motions
• GM Might Have to Pay $1B In Stock After 2nd Circ. Ruling
• How Law Firms Can Create Next-Generation Office Spaces
• Selling Your Twinkie And Eating It Too
• 2nd Circ. Says 'Buyer Beware' In GM Ruling On Ch. 11 Sale
• US Trustee Opposes Late Counsel Hire In Cal Dive Ch. 11
• Sports Authority Gets Ch. 11 Approval For IP, Lease Sales
• Dewey Exec, DA Fight Over Shape Of Coming Retrial
• Wyly Estate Brings $210M IRS Fight To Tax Court
• Draw Another Circle Gets Quick OK For Stalking Horse
• PacSun Says Workers Desperate For Rep For Wage Claims
• Energy Cos. Playing Risky Game With Short-Term Credit Grab
• MoFo Defends Bid For $305 PACER Charges Against Trustee
• New COD Rules For Disregarded Entities Are Restrictive
• Dex Media Offloads $1.8B Debt With Ch. 11 Plan Confirmation
• Baker & McKenzie Boosts NY Office With 2 Bankruptcy Pros
• GM Faces Potential Mountain Of New Claims In Ignition MDL
• Holland & Knight Can't Kill Client Testimony, Trustee Says
• Widow To Take Disputed GM Fatal Crash Deal To 2nd Circ.
• Genova Burns, NJ Water Agency Get Nod On $1M Settlement
• Hercules Fights Bid For Privileged Docs In Ch. 11 Probe
• Travel Mogul Chemla Settles Madoff Clawback Suit
• Dark Fiber Firm Sells Network For $24M In Ch. 11 Sale
• 9th Circ. To Rehear Appeal Over Power Of Bankruptcy Panels
• UCI Continues Talks Over $100M Bankruptcy Loan
• Paxfire Seeks Quick Win In Fake Search Engine Row
• Samson Delays Ch. 11 Control Fight, Reports Sale Interest
• NYC Boutique Holwell Shuster Nabs Dechert Litigation Partner
• CEOC Noteholders Fight Bid to Wipe Out $1.85B In Claims
• Aletheia Trustee Urges Gibson DQ From O'Melveny Row
• GM MDL Should Continue After 2nd Circ. Ruling, Drivers Say
• Bankruptcy Can't Nix Late Tax Return Liabilities, 9th Circ. Says
• GM To Recover Assets, Pay $2.9M During Supplier's Ch. 11
• Mont. High Court Remands Part Of Chrysler Dealers' Dispute
• Seventy Seven Energy Wins Ch. 11 Plan Confirmation
• Bankruptcy Omissions Block Discrimination Suit At DC Circ.
• MoFo Gets Nod To Rep Maxus Energy In Ch. 11 For Now
• SunEdison Says Retirement Investments Suffered $10M Loss
• 'American Idol' Producer Wants To Assume Union Contracts
• Venoco Settles With Noteholders, Gets Ch. 11 Plan Confirmed
• Sports Authority, Pre-Bankruptcy Lenders Ink $71M Deal
• Jones Day Pushes Back At Netflix's Brief-Length Complaint
• Reed Smith Snags International Insolvency Pro In London
• SEC Can Try To Force Wylys To Bring Offshore Money Home
• Spotlight Remains On Marketplace Lenders Post-Madden
• Samson Gets Nod For Air Quality Deal With Ute Tribe
• Erin Andrews' Stalker Still Has To Pay Up, Despite Bankruptcy
• Escobar Restores Bulletproof Vest FCA Claims, Gov't Says
• GM Ignition Switch Claims Resurrected By 2nd Circ.
• Ex-Green Field CEO Can't Bring GE Into Asset-Stripping Case
• Fairness Doubts Sink $100M UCI Bankruptcy Loan
• Shearman & Sterling Must Stay In Primorsk Ch. 11, Court Told
• C&J Energy In Deal With Lenders To Restructure $1.4B
• GM Jumps Into Supplier's Bankruptcy, Claiming Coercion
• Bankrupt NJ Water Agency Defends Genova Burns Settlement
• EFH Creditor Asks For Mediation Before Ch. 11 Plan Push
• Sports Authority Landlords Want No Changes In Sold Leases
• Relativity Fights Netflix Appeal Over Right To Stream Films
• PacSun Shouldn't Cap $135M Claim in Ch. 11, Ex-Workers Say
• Essar Steel Pursuing DIP, Has 1 Month Of Cash Left
• Stakes Are High In Supreme Court Review Of Jevic
• Gawker Says Hogan Is 'Intent' On Destroying The Publisher
• Sam Wyly Plans Appeal Of $1.1B Tax Fraud Judgment
• Occidental Takes Aim At MoFo Retention In Maxus Ch. 11
• Fuel Exec Seeks Light Sentence In $30M Bank Fraud Suit
• NJ Man Cops To Defrauding Defunct Water Agency
• Fiat Chrysler Botched-Recall Suit Sent To Bankruptcy Court
• Class Rebuffs Dismissal Bid in Puerto Rican Kickback Suit
• House Votes To End Securities Law Exemptions In Puerto Rico
• Vertellus Lenders Back Chemical Co.'s Incentive Pay Plan
• UCI Defends $100M DIP Loan Against Creditor Objections
• Plastech Trustee Seeks To Toss Car Lease Claims In Ch. 7
• Brazilian Trustee Sues To Recover From Ex-Bank President
• Caesars Alters Merger Deal Critical To Bankruptcy Plan
• DHB Fee Challenge Tossed As Judge Cites 'Miracle' Ch. 11
• NY 'Zombie Property' Legislation Is Back From The Dead
• 5 Terrible Traits No Bankruptcy Attorney Should Have
• 7th Circuit Tosses Fee Appeal From GT Automation Buyer
• Latham Adds Ex-Ashurst Restructuring Partner In London
• How To Close A Law Firm — Practically And Ethically
• Couple Says Dyson Capital Can't Lead Zinc Plant Investor Row
• Draw Another Circle Taps Cooley As Ch. 11 Corp. Counsel
• Midstates Get Court's OK To Poll Creditors On Ch. 11 Plan
• GTAT Trustee Wants To Query Execs Over Apple Contracts
• Alpha Natural Resources Gets Nod On Ch. 11 Plan
• Hancock Fabrics Seeks $9.3M Ch. 11 Sale Of Headquarters
• 5 Bankruptcy Cases To Watch In The Second Half Of 2016
• Objector Says Zucker Goldberg Hired Creditor As Counsel
• Caperton Wants Massey Damages Trial During Bankruptcy
• $97M Oil Securities Claims Tossed A Third Time
• Essar Steel's US Unit Hits Ch. 11 With $1B Debt
• Genova Burns Deal Wrongly Kills Claims, NJ Court Told
• Courts Are Looking Closely At Section 546(e) Application
• 50 Cent Gets Final Nod For $23.4M Ch. 11 Bankruptcy Plan
• 50 Cent Boasts No Objections To $23.4M Bankruptcy Plan
• $200M Looks Too High For SNMP IP Claim, Nortel Judge Says
• Proskauer Beats DQ Bid In Steelworkers' $86M Pension Row
• Gawker Gets Nod On Ch. 11 Auction After Last-Minute Deal
• Talks Win Horsehead Ch. 11 OKs Of Disclosure, Control
• O'Melveny Says Gibson Dunn Has No Conflict In Aletheia Suit
• Sports Authority Gets Nod For 'Perfect' Vendor Settlement
• Fed. Circ. Won't Revive $2B Loral Ch. 11 Suit Against US
• Caesars Says No Need For Kirkland Atty Depo In DQ Row
• SunEdison Wins Nod On Cash-Handling System
• Mass. AG Sues IndyCar Race Organizers For Ticket Refunds
• KaloBios Strips Ex-CEO Shkreli Of Shareholder Power
• Appaloosa-TerraForm Discovery Halted For Dismissal Fight
• The Smart Money Is Not Following Traditional Law Firms
• Judge Affirms Alpha's $12M Ch. 11 Executive Incentive Plan
• Yellow Cab Ch. 11 Trustee Would Be A Waste, Judge Says
• Primorsk Gets Initial Nod On $215M Sale Of Shipping Fleet
• 9th Circ. Frees Sanctioned Ski Club Founder From Jail
• AstroTurf Filed Ch. 11 To Slip $30M IP Loss, FieldTurf Says
• Fla. Developer Can't Escape Debt Judgment, 11th Circ. Says
• Ex-Green Field CEO Wants GE In $230M Asset-Stripping Case
• Triangle USA Seeks To Reject Six Midstream Contracts
• Ex-Lehman Trader Can't Recover 'Double' $83M Bonus
• Paul Hastings Says Crictic Of Ch. 11 Fee Bid Is 'Vindictive'
• Draw Another Circle Sets Sale Hearing, Sees Bid Interest
• SynCardia Pushes For Rapid Ch. 11 Sale Process
• Ex-CEO Of Australian Pharma Co. Dodges Securities Suit
• SunEdison Wants To Sell Stake In Solar Project For $80M
• Atty Owes Sanctions For Ch. 7 Filing, 11th Circ. Hears
• The State Of Secured Lending In Mexico
• Arthur Olick, Anderson Kill Bankruptcy Chair, Dead At 85
• Circuit City, RadioShack Seek To Save Disk Drive MDL Claims
• Toshiba-Samsung JV Wins Korean Bankruptcy Shield
• Hogan Says Gawker CEO Given Secret Loan Before Ch. 11
• Solo Lawyer Fights Biz Tax Liability At Texas High Court
• CFPB Wants $147M From World Law In Debt Scam Suit
• RFP Lessons: 5 Ways Law Firms Can Beat Frustration
• Lehman Says Buckeye Owes It $20M In Default Dispute
• Warren, Dems Quiz Derivatives Clearinghouses On Recovery
• Bankrupt Emerald Wants Court To Order 'Seized Oil' Returned
• Primorsk To Sell Tanker Fleet To Russian Firm For $215M
• Horsehead, Creditors Duel Over Ch. 11 Control, Co. Value
• NJ Water Agency Seeks To Revive Claims Against Sen. Booker
• Aeropostale Creditors, Trustee Object To Employee Bonuses
• Arch Coal Reaches Ch. 11 Deal With Unsecured Creditors
• Unbuilt Texas Cancer Center Creditors File Ch. 11 Plan
• Samsung-Toshiba Disc Drive JV Unit Hits Ch. 15 To Shield IP
• Artificial Heart Maker Plans Quick Ch. 11 Sale Process
• Hostess Whips Up Deal To Merge With PE Co., Go Public
• Distressed Vs. Par Trading: Comparing The Document Regimes
• RFP Lessons: 7 Tips To Improve Your Responses
• NY Atty Disbarred For Forging Judge's Signature
• Dewey Ex-Chair Ordered To Pay Back $400K Loan
• 2nd Circ. Won't Revive Hedge Fund's Petters Row With Costco
• Creditor Blasts Intervention's 'Illusion Of Cooperation'
• Unsecured Creditors Blast Draw Another Circle Sale Plans
• Some Vitus, F-Squared Investor Claims Survive Dismissal Bid
• GM Suit Over $1.5B Loan Survives Lender Challenge
• 7 Habits Of Highly Effective Bankruptcy Attorneys
• Davis Polk Seeks $7.5M In Fees For Repping Arch Coal
• Bankruptcy Watchdog Again Takes Aim At Sealed DIP Terms
• SunEdison Looks To Gain $5M From Solar Farm Equity Sale
• Alpha Inks $7.5M Deal To Resolve Enviro Ch. 11 Objections
• Diamondhead Wants Damages After Involuntary Ch. 7 Tossed
• Wyly Can't Shield $250M In Offshore Payments From SEC
• KaloBios Emerges From Ch. 11 With Chagas Drug Rights
• Bankrupt Sports Authority Unveils New Vendor Settlement
• UK Retailer Fined $50K In Amazon Price-Fixing Row
• Insurer Says Policy Doesn't Cover Insured Vs. Insured Suit
• Puerto Rico Defaults On $1B Debt After Obama OKs PROMESA
• When Successor Liability And Bankruptcy Principles Collide
• RFP Lessons: A General Counsel's List Of Law Firm Mistakes