Bankruptcy Archive » August, 2016

Bankruptcy - August, 2016

327 articles

• Stockholders Say Horsehead Ch. 11 Sale Plan Ignored Market
• Stanford Receiver's $35M Chadbourne Deal Gets Final OK
• Full 7th Circ. Won't Review $16.5M Centaur Ch. 11 Clawback
• Aeropostale Optimistic Retailer Will Survive Bankruptcy
• Sports Authority's Exec Bonuses Approved In Del. Court
• Molycorp Mine Guarantor Offers $5M Loan To Continue Ch. 11
• Ex-Bankruptcy Atty Can't Beat IRS Bill Over Biz Losses
• Day Pitney Partner To Join Fed. Bankruptcy Court In Conn.
• Enron Investors Want Dismissal Of UBS Suit Undone
• Jones Day, Skadden Want Netflix To Cover Relativity's $1M Tab
• Lehman Brothers Wants Billions In RMBS Claims Wiped Out
• 'Dance Moms' Star's Sentencing Delayed Over 3rd Circ. Case
• Nonfinal Finality: The Result Of A Flexible Standard
• Reconciling The Practice With The Business Of Law
• Horsehead Seeks Del. Ch. 11 Confirmation Over Objections
• Aeropostale Receives Rescue Bid To Save 229 Stores
• Toxic Tort Suit Not Barred By $5B Tronox Deal, 2nd Circ. Told
• SEC Fights Halcon On Liability Releases In Ch. 11 Plan
• Caesars Gets Further Reprieve As Litigation Hold Extended
• Energy XXI Shareholders Want Conyers Dill Disqualified
• NJ Landfill's Ch. 11 Case Tossed Over Unsigned Docs
• Health Republic's Curious Liquidation: Part 4
• Fox Says Comcast's Doc Bid Fails In Network Bankruptcy Suit
• Essar Steel Wants OK For $208K In Employee Bonuses
• Aeropostale Reaffirms Secured Lender Right To Credit Bid
• REBUTTAL: Establishing Standards And Norms In Mediation
• 11th Circ. Affirms Contempt Order In Missing Boat Case
• RadioShack Settles Manager OT Suits With $41M Claim
• Insurer Fights Delay In Stevens & Lee Coverage Suit
• SEC Bans Auditor For 3 Years Over OCZ Accounting Failure
• EFH Urges Bankruptcy Court to Slash Dallas' $16.2M Claim
• Real Estate Developer Gets 2 Years In Bankruptcy Fraud
• Horsehead Equity Holders Object To Ch. 11 Plan, Valuation
• Caesars Creditor Suits Again Put On Hold For Appeal
• Halcon Ch. 11 Plan Under Fire From IRS, Pa. Law Firm
• SunEdison Looks To Lock In $150M Bid For Solar Materials Biz
• Sports Authority Defends $1.5M Executive Bonus Program
• Tilton Resists Subpoena Bid In TransCare Class Action
• SFX Creditors Object To 'Byzantine' Disclosure Statement
• Japanese Bank Can't Escape Mt. Gox Bitcoin Dispute
• Samson Creditors Call Revised Plan 'Declaration Of War'
• Health Republic's Curious Liquidation: Part 3
• Greenberg Can't Nix $2M Clawback Suit, Co.'s Estate Says
• Boeing Defends Privileged Docs In $1.2B Contract Fight
• Martin Shkreli Sells Remaining Stake In KaloBios
• State Of Texas Legal Market: Litigation Trends
• SunEdison Wants Class Actions Consolidated In New York
• High Court Asked To Revisit Bankruptcy Code's Safe Harbor
• SEC, IRS Say Wyly Ch. 11 Plan Flawed By Isle Of Man Trusts
• Bankrupt Steakhouse Chain Wants Time To Decide NFL Deal
• SFX Disputes Creditor Call To Delay Ch. 11 Disclosure Action
• Aeropostale's Future In Doubt As Auction Looms
• Ex-Lightsquared CEO Takes Bankruptcy Suit To High Court
• Judge Sinks Marine Fuel Shippers' Bid For Payment
• Defining Attorney-Client Relationships In The Electronic Age
• State Of Texas Legal Market: It Isn't Just About Oil
• Scrapbookers' McDermott Malpractice Suit Now But A Memory
• Judge Lifts The Brakes On Caesars Creditor Suits
• EFH Gets Green Light For First Phase Of Ch. 11 Exit
• Molycorp Urges Court To Convert, Not Dismiss, Mine's Ch. 11
• Atlas Resources Cleared For Ch. 11 Exit A Month After Filing
• PwC Reaches Deal Amid $5.5B Taylor Bean Trial
• Objectors Say $275M Breakup Fee Too Big In $18B EFH Deal
• Primorsk Cleared To Poll Creditors On Liquidation Plan
• Wells Fargo To Pay Homeowners $3.45M Over Mailing Error
• Toshiba JV Says Dell Can't Take Discovery Spat To 3rd Circ.
• AAI Wins Some Depositions In $1B Boeing Dispute
• WR Grace, Hospital Must Mediate Asbestos Property Claims
• Deals Rumor Mill: Alibaba Group, SunEdison, GfK
• Caesars Makes Final Plea To Protect $4B 'Linchpin'
• Ex-Madoff Aide Agrees To Assist Trustee Liquidating BLMIS
• Sanctions For 'Baseless' Suit Against Snell & Wilmer Denied
• NFL's Titans Urge Logan's To Decide On Sponsorship Contract
• 4 Reasons Law Firm Business Development Initiatives Fail
• IRS Fights Wyly Estate's Bid To Escape $210M Tax Bill
• Key Energy Intends To Restructure $1B Debt In Ch. 11
• Essar Steel Nets Ch. 11 Mine Deal With Minn. Utilities
• What Happens When A State Runs Out Of Money?
• Ex-SEC Accountant Tells Jury PwC Violated Auditing Rules
• EFH Makes Final Push For First Phase Of Ch. 11 Exit
• New GM Can Argue Old GM Ignorance Of Ignition Defect
• Del. Judge Urges Talks In Ryckman Ch. 11 Contract Battle
• AAI Wants To Dig Into Boeing Sanction Defenses In $1B Row
• Caesars Shouldn't Be Rewarded For Not Talking: Creditors
• Magcorp Trustee OK'd To Sell Stake In $213M Judgment
• Essar Suspects Cliffs Of Wrecking Iron Ore Business Plan
• Law Firm Sanctions Affirmed; Attys Must Take Ethics Classes
• SunEdison Seeks OK To Award Up To $5M In Exec Bonuses
• 3rd Circ. Won't Rehear NY Housing Authority Asbestos Claims
• Horsehead Equity Holders Say $7.5M Fee Should Sink Plan
• The Psychological Edge Of Relieving Stressed Jurors
• Gawker Founder Denied Lease Deal After Hogan Objects
• Court To Hear Honeywell's Bid For Asbestos Victims' Names
• US Trustee Rips Sports Authority's Revived Exec Bonus Bid
• River Cleanup Claims Against Repsol Belong In NJ, Co. Says
• Oaktree, Molycorp Row Getting 'Personal,' Del. Judge Says
• Sundevil Gets OK For Sale Of Ariz. Power Blocks
• No Sanctions For Atty's 'Fanciful, Farfetched' FCRA Claims
• Abengoa Sells Ethanol Plants For More Than $355M
• Caesars Back In Bankruptcy Court To Hold Off Creditor Suits
• Aeropostale Says Sycamore Has Made Bidders Skittish
• New Uncertainty Surrounds Disputes Over Foreign Stays
• Equity Investors Say Recycler's Ch. 11 Can't Absolve Execs
• 'Idol' Producer Gets Nod To End Deals With Show Creator
• Boeing Blasts Sanctions Bid In $1.2B Contract Dispute
• GM Seeks To End Last Ignition Switch Bellwether
• From BigLaw To Your Own Firm: 4 Tips For Legal Startups
• Emerald Oil Midstream Contract Row To Be Heard In Sept.
• Fox & Hound Parent Nears DIP Deal With First-Lien Lenders
• Aeropostale Investor Sycamore Rips Retailer's Ch. 11 Plan
• Maxus Seeks OK For $2.3M Ch. 11 Retention, Severance Deal
• PacSun Seeks To Nix $3.3M Post-Bankruptcy Wage Claim
• Rainmaker Q&A: Brutzkus Gubner's Steven Gubner
• GM Says Bankruptcy Court Right For Ignition Switch Claims
• Halcon Gets Nod To Enter Restructuring Pact With Lenders
• New York REIT's Board Approves Liquidation Plan
• Flint Hills Asks Court To Decide Who Gets Oil Payment
• Energy Finance Attys Are Shifting Focus In Tough Times
• $21M Spectrum License Suit Too Late, Fed. Claims Court Told
• Gov't Aims to Reopen Bulletproof Vest FCA Battle
• 'American Idol' Lenders Fight Creator Over Ch. 11 Control
• 4 Communications Fundamentals For High-Stakes Litigation
• JPMorgan To Get $645M From FDIC Over WaMu Purchase
• Enviros Reach $6M Deal Over W.Va. Coal Mining Cleanup
• Bankrupt Variant Wants To Drop Claims Against Ex-CEO, Atty
• Court Told New GM Can't Retry Ignition-Switch Findings
• Emerald Oil Gets Nod On $110M Lead Bid
• Sundevil Seeks DIP Extension As EPA Renews Sale Protest
• Univision Aims To Pay Gawker's Denton In Noncompete Deal
• Horsehead Investor Says Ch. 11 Plan Kills Securities Suits
• Goodrich Settles Dispute Over Well Royalty Payments
• Client Seeks To Advance Becker & Poliakoff Malpractice Suit
• Fox & Hound Parent Still In Talks Over Financing Options
• TransUnion Wins Programming Language IP In TLFO Sale
• Texas High Court Won't Review Atty's Biz Tax Liability Fight
• Is Bank Debt A Security? GM's Dangerous Implications
• Risk Management Tips For Attys Serving As Local Counsel
• Ex-GC Says PwC's Audits Critical To $5B Taylor Bean Fraud
• Broncos Buy Stadium Naming Rights From Sports Authority
• Gawker Gets Nod On $135M Sale To Univision
• Diamondhead Creditors Seek To Avoid Punitive Damages
• Bankrupt Solar Panel Co. Can't Revive $950M Antitrust Suit
• Stevens & Lee Seeks Pause In Malpractice Policy Suit
• Fox & Hound, Champps Lenders Want To Cut Off Cash
• $175M Peabody Mine Cleanup Deals Get Bankruptcy OK
• Vivint Not Close To Deal With SunEdison Over Failed Merger
• Molycorp Seeks Ch. 11 Dump Of $2M Rare Earth Mine Policy
• Flintkote Owes For Property Contamination, 3rd Circ. Told
• PwC Auditor Says No Duty To Detect $5B Taylor Bean Fraud
• EFH Tax Fight Set To Dominate 1st Phase Of Ch. 11 Exit Push
• Foley & Lardner Hit For 'Malicious' Claims By Producer
• Caesars Creditors Can Question Exec On Bankruptcy Plan
• Shkreli Seeks Escape From KaloBios Securities Litigation
• Caesars Settles 1 Bondholder Lawsuit
• Canadian Sports Co. Faces SEC Probe Amid Filing Woes
• Mexican Steel Firm In $1.7B Rework Wins Del. Ch. 15 Nod
• Hastings Parent Aims To Auction Leases After Liquidation
• Peter Thiel Wrong About 'Revenge Porn' Bill, Lawmaker Says
• Beware The 'Standard' Mediation Confidentiality Agreement
• 'American Idol' Creator Fights To Keep Profit-Sharing Deal
• Phoenix Brands Proposes $1M In Severance, Incentives
• Ch. 11 Can't Block 50 Cent Sex Tape Fee Row, Woman Says
• How Husky Is Your 'Actual Fraud' Claim?
• Tronox Deal Bars Toxic Tort Suit, Kerr-McGee Tells 2nd Circ.
• Mexican Steel Giant Seeks Ch. 15 Amid 17-Year Restructuring
• Paragon Confirmation Pushed Back With Plan Amendments
• Stillwater Says Judge Erred In Not Staying Property Sale
• Constellation Gets Ch. 11 OK For Disputed $138M Asset Sale
• Peregrine Customers Can't Collect From Estate, Judge Rules
• AstroTurf's $16M Sale Approved By Ga. Bankruptcy Judge
• 2nd Half Of EFH Ch. 11 Exit Could Start As Early As Sept.
• UCI Gets OK To Use Cash Collateral As Business Rebounds
• Univision Wins Gawker Bankruptcy Auction With $135M Bid
• Lehman Brothers Bankruptcy Judge Tapped For FDIC Panel
• Dick's To Open Stores At Some Sports Authority Spots
• Distributions To Lehman Brokerage Creditors Top $8.8B
• Skadden Reaches Deal With La. Firefighters In Investment Row
• 5 Mistakes To Avoid When Building Law Libraries
• PwC Auditor Defends Methods In $5.5B Taylor Bean Trial
• SunEdison Unit Says Hedge Funds' Math Doesn't Add Up
• 50 Cent Says 'P.I.M.P.' Suit Blocked By Bankruptcy Shield
• Samson Unsecured Creditors Seek OK For $1.5B Ch. 11 Suits
• EFH Gears Up For Second Attempt To Exit Bankruptcy
• Quicksilver Ch. 11 Plan Confirmed After Vote-Trading Tussle
• Maxus Reaches Deal With Objectors Over $63M DIP Loan
• 'Idol' Representatives Ask For Breathing Space In Ch. 11
• US Rep. Wants Out Of NJ Water Agency's Adversary Suit
• Ziff Davis Agrees To Assume Gawker CBA, Union Says
• Templar Energy Urges Lenders To Restructure Out Of Court
• Boeing Must Cough Up Docs In $1.2B Contract Dispute: AAI
• Law Students Should Explore BigLaw Pro Bono Options
• Rainmaker Q&A: Salazar Jackson's Linda Worton Jackson
• Exide Execs' Deal Means Insurance Is Off, Provider Says
• SunEdison Bankruptcy Judge Rejects Equity Committee Bid
• Dewey Judge Says DA Can't Blame Execs For Firm Collapse
• Ex-Health Co. VP Files For Bankruptcy After $25M Verdict
• Bankruptcy Court Shouldn't Have Tackled Tax Penalty
• Casino Co. Creditors Resist Fees Bid In Failed Forced Ch. 7
• Fox & Hound, Champps Lenders Push For Ch. 7 Conversion
• Constellation Unsecured Creditors Blast 'Tainted' Auction
• Ceragenix Wins Dismissal Of Ex-Exec's SOX Complaint
• Gambling Co. Asks 7th Circ. To Rehear Safe Harbor Decision
• Bankrupt Calif. Store Owner Cops To 'Phantom Wine' Scheme
• Dentons Nabs Restructuring Partner From King & Spalding
• PwC Auditing Violations Justify $5.5B Claim, Expert Says
• Wyly Wants To Take $1.1B Tax Fraud Appeal To 5th Circ.
• Molycorp Minerals Ch. 11 Trustee Asks Court To Dismiss Case
• Fla. Tax Agency In Contempt For Collection, 11th Circ. Says
• Miami Condo Association Claims Z Capital Broke Promises
• SunEdison Gets Nod To Maintain Control Of Ch. 11
• Investor Sues Warren Gas Co. Execs Over 'False Statements'
• Horsehead Seeks Key Ch. 11 Plan Measure To Raise $260M
• 2nd Circ. Should Flip GM Ignition-Defect Ruling, NAM Says
• Maxus Makes DIP Changes To Appease Creditors
• Why The Government's Wall Of Secrecy Must Fall
• Aeropostale Asks Lenders To Push Back Ch. 11 Milestones
• Trustee Objects To $11.5M Fee Bid In Caesars Bankruptcy
• Abengoa, Creditors Float Restructuring Deal
• Sports Authority Revives 'Inappropriate' Exec Bonus Bid
• Lyondell Investors Seek To Undo $6B Clawback Claims Revival
• Ex-Oil Co. CFO Gets 20 Months For $30M Bank Fraud Scheme
• Brooke Ex-CEO Wants Barrier Between Estate, Husch Attys
• Cayman Court Clarifies Investor Rights In Liquidation
• GM Litigation-Funding Settlement With Treasury Scrutinized
• Taylor Bean Trustee Defends His $5.5B Suit At Trial
• CORRECTED: Hedrick Kring Nabs Litigation Attorney From Akin Gump
• Rothstein Feeder Fund's Suit Against Ex-Counsel Reinstated
• Helmet Startup Sued By Ex-Employee, Aims For Ch. 7
• Fox & Hound, Champps Restaurant Chains Hit Ch. 11 Again
• GM Urges 2nd Circ. To Rehear Ignition Switch Dispute
• MF Global Gets Nod On $159M Settlement With Former Execs
• Essar Steel Reaches Deal On $35M DIP Lending Package
• Caesars Sues Parent Company Over Pre-Bankruptcy Transfers
• PacSun Judge Rules Ex-Employees Don't Have Priority Claims
• CORRECTED: Versa Wins Bid For Fees In Aeropostale Ch. 11 Process
• Lenders For Bankrupt Coal Miner Peabody OK Business Plan
• Chapter 11 As A Viable Way To Redevelop Golf Courses
• Taylor Bean Trustee Says PwC Could Have Stopped $5B Fraud
• Abengoa American Units To File Ch. 11 Plan, Disclosures
• Steakhouse Chain Gets Access To $10M In Interim Financing
• SunEdison Seeks Nod On $144M NRG Energy Stalking Horse
• Future Attys' Fees Can Be Security Interests, NJ Panel Says
• Haynes And Boone Adds Ex-Proskauer Bankruptcy Vet
• SynCardia Unsecured Creditors Dispute Secured Tort Liens
• Mayer Brown, Funds Say 7th Circ. Can Hear Malpractice Suit
• Bankrupt Phoenix Brands To Float Employee Bonus Plan
• 'American Idol' Wants To Nix Simon Fuller Contracts
• Writing Arbitration Clauses To Get The Arbitration You Want
• Malpractice Row Differs From Other Dewey Suits, Court Told
• Gawker Writers Pressure Bidders To Assume CBA
• Ontario Steel Lobs Takeover Offer At US Steel Canada
• Lehman Partnerships Escape Real Estate Investors' Fraud Suit
• Steakhouse Chain Hits Ch. 11 With $416M In Liabilities
• PacSun Working On Objections Before Ch. 11 Plan Hearing
• Architect Of Modern Bankruptcy Left Mark That Shaped Ch. 11
• School District Loses 5th Circ. Tax Battle With Glassmaker
• Ex-Dewey Exec Presses To Bar Evidence In 2nd Trial
• Bankruptcy Watchdog Challenges PacSun Reorg Plan
• O'Melveny Keeps Aletheia Malpractice Claims In Arbitration
• Ex-Steel Co. CEO Gets 6 Years For Hiding Gambling Payoffs
• Gawker, Hogan Reportedly In Preliminary Settlement Talks
• GM Creditors Defend Pact With US Over Litigation Proceeds
• Accounting Firm Wants Defunct Tech Co.'s Suit Moved To Ky.
• Suspension Recommended For Ponzi Schemer's Florida Atty
• Escobar Changes Nothing In Armor FCA Claims Toss, Co. Says
• Synovus Pays $9M To End Claims Over Check Kiting Scheme
• EFH Noteholders Want High Court Review Of $4B Debt Deal
• New Audit Rule Limits Tax Discharges By Partnerships
• Ex-Fla. City Officials Charged In Bribery Scheme
• Quiznos Ex-Execs Want Units To Shield Them From Lawsuit
• July Commercial Bankruptcy Filings Up 10% From 2015
• Emerald Oil Gets Breathing Room For Ch. 11 Negotiations
• Chaitman LLP, Madoff Trustee Trade Sanctions Demands
• PwC Fails To Halt $1B Malpractice Suit Over MF Global
• Goodrich Petroleum Gets Initial Nod On New $40M Financing
• Understanding 'Standstill' In Intercreditor Agreements
• Liquidating Draw Another Circle Seeks Employee Bonuses
• Gawker Creditors Challenge Company Backing Of Nick Denton
• Hellas Trustee Loses Bid For $565M NY Court Award
• 9 Tips For Becoming A Legal Pundit In The Media
• Maxus Energy's Creditors Blast DIP Loan As Scheme By Parent
• City Sports' Gift Card Holders Won't Get Priority In Ch. 11
• Banker Fee Dispute Slows Intervention Ch. 11 Buyout Push
• Lehman Bros. Suit Over Credit Swap Terminations Narrowed
• CFPB Finalizes Changes To Mortgage Servicing Rule
• Hercules Offshore Postpones Confirmation To Seek Mediation
• Peabody Wants To Pay Execs $12M To Keep Hustling In Ch. 11
• Ryckman Still Facing Hurdles As Ch. 11 Confirmation Nears
• Clifford Chance Adds Partner From Chadbourne & Parke
• Law Firm Employees Can Better Defend Against Cyberthreats
• 7th Circ. Limits Section 546(e) Safe Harbor
• Fla. Firm Opts For Ch. 7 In Wake Of SEC's $64M Fraud Suit
• $5.5B PwC Trial May Widen Target On Auditors Over Fraud
• Sports Authority Cedes Stadium Name Rights To Broncos
• Caesars Reports $2B Loss In Q2 Because Of CEOC Ch. 11
• Ryckman Creek Amends Ch. 11 Disclosure, Final Dates
• Global Geophysical Services Heads Back To Ch. 11
• International Shipholding Gets Nod To Begin Tapping $16M DIP
• Blank Rome Snags Thompson & Knight Bankruptcy Partner
• Intervention Says Driller Kept Revenue, Flouted Ch. 11 Stay
• UBS Beats Suit Claiming Brokers Deceived Enron Investors
• Section 363 Is No Magic Bullet For Environmental Liability
• AMR Can Dodge $1.5M Bias Suit, Judge Says 'With Regret'
• NY Housing Authority Urges 3rd Circ. To Rehear Asbestos Row
• Bankrupt Refco Gets Pass On $3.6M IRS Penalty
• Sports Authority Judge Rejects Exec Bonuses, OKs Rent Deal
• Boeing Wants To Restart $200M Claim Against Rocket Co.
• SynCardia Gets Nod For DIP Loan, $19M Auction Plan
• Gawker Allows Atty's Defamation Appeal To Proceed
• Spain's Isolux Corsan Seeks $954M Ch. 15 Protection
• Former 'American Idol' Champ Wants Out Of Management Deal
• Greenberg Traurig Wants $2.2M Clawback Suit Tossed
• Bankruptcy Didn't Sink Atty Malpractice Suit, NJ Panel Says
• How To Attract Restructuring Investors To Post-Brexit UK
• Dewey's DiCarmine, Prosecutors Grapple Before 2nd Trial
• USAmeriBank Settles $5M Fraudulent Transfer Suit With Ocala
• SynCardia May Pivot To Private Bankruptcy Sale
• Emerald Must Resume Pipeline Deal In Ch. 11, Judge Rules
• Triangle USA Judge Rejects Restructuring Agreement
• Dex Media Exits Ch. 11, Extinguishes $1.8B In Debt
• Law Firms Lose Bid To Slip $5.3M Morgan Drexen Penalty
• International Shipholding, Subsidiaries File For Ch. 11
• Caesars Creditors Told To Take Apollo Spat Elsewhere
• K&L Gates Adds Partner To Finance Practice In London
• Lessons On Intercreditor Agreements From RadioShack
• BigLaw's (Crowded) Passage To India?
• Gawker Founder Looks To Ch. 11 To Slip Sex Tape Judgment