Bankruptcy Archive » June, 2020

Bankruptcy - June, 2020

258 articles

• Weinstein To Pay $19M To End Accusers' Class Action
• Aeromexico Announces Ch. 11 Restructuring Amid Pandemic
• Imerys Ch. 11 Sale Process OK'd Despite Insurer Concerns
• Advantage Gets OK On $17M In Ch. 11 Airport Contract Sales
• Sea Tow Says Ex-Franchise Used Ch. 11 For Fraud Scheme
• 2nd Circ. OKs $20M Award For Madoff Investor Class Attys
• What You Say In Online Mediation May Be Discoverable
• Mexican Retailer Grupo Famsa Seeks To Exit Ch. 11 In August
• Sedgwick Trustee Files Suit Over Unpaid Legal Fees
• Pandemic, Energy Prices Send Minerals Biz Covia To Ch. 11
• Miller Energy Investors Win Cert. In Suit Over KPMG Audit
• Bankrupt Movie Theater Pushes Bid For Rent Relief In Fla.
• Cirque Du Soleil Lands In Bankruptcy As Virus Cancels Shows
• Chesapeake Energy Can Tap Into $925M Of Ch. 11 Financing
• Trustee Opposition Doesn't Stop Exide's Ch. 11 Bonuses
• Frontier Communications Gets OK For Ch. 11 Plan Disclosures
• 10 Tips For A Successful Remote Arbitration Hearing
• Texas Oil Driller Lilis Energy Cites COVID-19 For Ch. 11 Filing
• Quorum's Ch. 11 Plan For $1.3B Restructuring Approved
• Chesapeake Energy Looks To Slash $7B In Debt In Ch. 11
• 3 Takeaways From Chesapeake's Bankruptcy Plunge
• Trustee Flags Bonus-Related Terms In Libbey's Ch. 11 Loan
• Fresenius Takes Fiery Aim At Akorn's Ch. 11 Plan Disclosures
• Borden's Ch. 11 Sale Gets OK After Deal Struck To Honor CBA
• Martin Midstream Looks To Restructure $323M In Debt
• Chuck E. Cheese Parent Plans Lender Talks In Ch. 11
• The Week In Bankruptcy: Virus Dominoes Continue To Fall
• To Achieve Diversity, Law Firms Must Reinvent Hiring Process
• DeVos Ordered To Discharge Mass. Corinthian College Loans
• Mood Media To File Ch. 11 Plan Seeking To Cut Debt By $404M
• Weiss Serota Adds Corporate Litigator In Boca Raton
• Oil Producer Sable Permian Hits Ch. 11 As Prices Plummet
• Lawmakers Urge Courts To Keep Streaming After COVID-19
• Ex-Hertz CEO Urges Judge To Throw Out $56M Clawback Suit
• Zohar Funds OK'd To Examine Tilton Books In Ch. 11 Tax Tiff
• Windstream Gets OK For $3.1B Debt-Swap Ch. 11 Plan
• Drivers Ask To Sue Hertz For False Reports Despite Ch. 11
• GNC Can Tap Into Ch. 11 Funds Despite Creditor Opposition
• Watchdog Says VA Dropped The Ball On Atty's Misconduct
• Cybersecurity Steps For Law Firms Amid Heightened Risks
• Madoff Recovery's Next Steps After Justices' Petition Pass
• Ex-FinCEN Head Faces Compliance Nightmare At Wirecard
• South Korean Shipper Seeks Docs To Enforce $22M Award
• Ravn Air Ch. 11 Plan OK'd As Sale Deadline Approaches
• Ex-Woodbridge Sales Agents Want SEC's Ponzi Suit In Calif.
• Philly Refiner Ducks Ch. 11 Sale Fight With Last-Minute Deal
• Law Firm Gathers Wirecard Investors For Action Against EY
• Chuck E. Cheese Hits Ch. 11 Following COVID-19 Closures
• Wirecard Files For Insolvency After Admitting Missing €1.9B
• Windstream Defends Ch. 11 Plan From Noteholders
• Coal Miner Foresight Energy Gets Confirmation Of Ch. 11 Plan
• Industrial Part Maker Hits Ch. 11 With $250M Debt-Swap Plan
• Templar Energy's Ch. 11 Sale Effort Kicks Off With $65M Bid
• Colo. Dispensary Avoids Receivership After Repaying Investor
• Pa. Oil Refinery Says Redoing Ch. 11 Sale Would Be 'Terrible'
• Construction Boss Gets 1.5 Years In Tax Evasion, Ch. 7 Fraud
• Ill. Force Majeure Ruling Could Be Problematic For Landlords
• It's Time For Law Firms To Support Work-From-Home Culture
• Strategies For Purchasing IP Assets From Distressed Owners
• Republicans Keep Confirming Unqualified Judicial Nominees
• How Trump Forever Changed Judicial Nominations
• GNC Falls Into Ch. 11 Due To COVID-19 With $1B-Plus Debt
• French Film Co. Technicolor Seeks To Cut Debt In Ch. 15 Case
• 2020 Oil & Gas Bankruptcy Trends: Midyear Report
• EdgeMarc's Ch. 11 Plan OK'd After Narrowly Escaping Ch. 7
• 5th Circ. Says Bankruptcy Court Overstepped In Biz Loan Suit
• Diamond Offshore Gets OK For $14.5M In Executive Bonuses
• Commercial Mortgage Loan Modifications Amid COVID-19
• Addiction Center's 'Expensive' Ch. 11 Loan Gets A Trim
• Tips For Crafting The Perfect Law Firm Alert
• US Trustee Says Exide's Ch. 11 Bonus Targets Too Easy
• Borden Dairy's Ch. 11 Sale Stalled By Union Contract Dispute
• Purdue Gets OK For $6.5M Investment In Overdose Drug
• Purdue Wants Sackler Claims To Stay Blocked By Ch. 11
• Quorum Investors Say Bad Faith Warrants Ch. 11 Plan Denial
• Chinese Language Investment News Co. Hits Ch. 11 In Calif.
• Neiman Marcus Creditors Must Wait On Alternative Ch. 11 Plan
• Akerman's Former Brazil Expert Joins Reed Smith In Miami
• Judging A Book: Elrod Reviews 'Shortlisted'
• Mandatory State Bars Likely To Remain Intact, For Now
• True Religion Gets Go-Ahead To Pay Brass Ch. 11 Bonuses
• For Distressed M&A, An Alternative To Section 363 Sales
• 15 Minutes With Stretto's General Counsel
• Virus Forces Royal Caribbean To Restructure Spanish Ops
• COVID-19 Fallout Puts Addiction Center Chain Into Ch. 11
• PG&E Bankruptcy Judge Confirms $59B Reorganization
• The Week In Bankruptcy: New Ch. 11 Cases Flood Courts
• Ex-Union Leader To Appeal For New Trial In Bribery Case
• Philly Refinery Lenders Slam $27.5M Ch. 11 Sale Price Cut
• US Trustee Says Court Should Reject Pier 1 Ch. 11 Plan
• Creditor Conflict Could Be Brewing In Chisholm Oil's Ch. 11
• Palm Steakhouse Family Puts End To Long-Running IP Feud
• Bankrupt School Co. Wants $200M From Ex-Execs For Fraud
• Hertz's Aborted Ch. 11 Stock Sale Smacks Of Securities Fraud
• Tips For Prenegotiation Letter Agreements In Loan Workouts
• 11 Keys To Success At Remote Mediation
• Power Station Owner Can Tap Into $15M Of Ch. 11 Loans
• Clock On $2.1M Contractor Bond Fight Started By Ch. 7 Ruling
• Bid Flux, Questions Delay Comcar Sale Deals In Del. Ch. 11
• UK Litigation Roundup: Here's What You Missed In London
• Mass. Gyms Flex On Gov. With COVID-19 Shutdown Suit
• Judge OKs $1.7M In Bonuses For Stage Stores Execs
• Taser Rival Urges Justices To Toss $7.6M Loss After PTAB Ax
• Smart-Pill Maker Plans Ch.11 Sale Of 'Science Fiction'-Like IP
• Hertz Terminates Plan For $1B Stock Sale In Del. Ch. 11
• Health Mergers May Face Antitrust Hurdles Amid Pandemic
• Power Station Owner Hits Ch. 11 For Third Time In A Decade
• Pandemic Could Bring Student Exodus From Legal Profession
• PG&E Fined $3.5M For Causing 84 Deaths, Starting Camp Fire
• Shell Pays $13.85M To End Crude Oil Transport Deal Suits
• Fla. Justices Decline To Disbar Atty Over Ch. 7 Omissions
• Ex-Sentinel CEO Says Virus Risk Merits Cutting 14-Year Term
• Philly Refinery Trims Ch. 11 Sale Terms After Seller Balks
• Okla. Oil Driller Hits Ch. 11 After COVID-19 Stalls Reorg Plans
• PG&E Execs Deserve Prison, Camp Fire Victims' Families Say
• Feds Probe Avenatti's Custodian In Chaotic Phone Deposition
• Crane Heyman Denied Win In Bankruptcy Trustee's Suit
• True Religion Proposes $65M Debt-Equity Swap Ch. 11 Plan
• Owens-Illinois Spinoff Gets Court Nod For Ch. 11 Claims Rep
• Airport Group Fears Being Shortchanged By Hertz Ch. 11
• Dairy Co-Op Fights Suit Over Piece Of $433M Dean Foods Buy
• The Privilege Implications Of Using Online Collaboration Tools
• Arizona Court Says SBA Can't Bar Debtors From PPP Loans
• J&J Says Imerys Ch. 11 Plan Lacks Info
• DLA Piper Accused Of Double-Crossing Propane Client
• Amend Bankruptcy Code To Add Oversight For CBA Changes
• Hertz Trading Halted After SEC Balks At Ch. 11 Stock Sales
• 24 Hour Fitness Cleared To Tap $50M Of $250M Ch. 11 Loan
• Skillsoft Gets 'Unusual' OK For Its Dual-Track Ch. 11
• Del. Bankruptcy Hearings To Resume With Heavy Restrictions
• Neiman Marcus Gets Final OK For $675M DIP Package
• Ex-Bumble Bee CEO Gets Over 3 Years For Tuna Price-Fixing
• Quorum Denies Plot To Jettison Equity In Del. Ch. 11 Plan
• 2nd Circ. Says Settlement Bars Suit Against Madoff Chum
• PG&E Cops To 84 Manslaughter Counts Over 2018 Camp Fire
• Extraction Oil Gets Nod To Tap $125M In Ch. 11 Financing
• JC Penney Reaches Deal To Resume Nike Deliveries
• Confronting Mental Distress In The Legal Profession
• Smart-Pill Maker Proteus Hits Ch. 11 After Cash Crunch
• Puerto Rico Sues Oversight Board Over Bid To Nullify Laws
• US Trustee Asks Court To Block Comcar Sale To Ex-Director
• Alleged Sports Betting Fraudsters Get Access To Some Funds
• Litigation Finance Investments Are Not Risk-Free Loans
• Tobacco Supplier Pyxus Hits Ch. 11 Amid 'Perfect Storm'
• Private Equity-Owned Health Consulting Co. Files Ch. 7
• Virus Effect On Energy Use Forces Extraction Oil & Gas Ch. 11
• 24 Hour Fitness Forced Into Ch. 11 By COVID-19 Closures
• Skillsoft Opens $2B Ch. 11 As Latest COVID-19 Victim
• How White Privilege Helped Me Succeed In BigLaw
• Hotels In Pandemic Freefall Struggle To Avoid Default
• The Week In Bankruptcy: Rent Relief Dominates Ch. 11 Cases
• Airport Services Co. Swissport Seeks Ch. 15 In Delaware
• GenCanna Misled Investors Before Bankruptcy, Ex-CFO Says
• Hygea Gets Ch. 11 Plan Approval With Trimmed Exculpation
• 3rd Circ. Says Bank Not To Blame For Imaging Center's Failure
• Hertz Cleared For Up To $1B Stock Sale In Del. Ch. 11
• Food Distributor Retains Cash Cutoff Trigger In Ch. 11
• JC Penney Gets Nod To Postpone $34M In Rent Payments
• Advantage Lender Wants To Resume Vehicle Repossession
• Steps For Commercial Real Estate Lenders As Biz Resumes
• Keys To A Thriving Biz Development Culture At Your Law Firm
• Alaska Oil Biz Furie Gets Nod For Debt-Swap Ch. 11 Plan
• 9th Circ. Says Atty Can Offload Sanction Debt In Bankruptcy
• Bankrupt NY Dioceses Not Entitled To $2.8M Virus Relief Loan
• Hiscox Must Fund NY Drug Biz's Defense In Opioid Trial
• JC Penney Landlords Say Reopened Stores Must Pay Rent
• Ex-Judge Bolsters Kelley Kronenberg's Insolvency Services
• Mall Of America Takes Sears Lease Row To 2nd Circ.
• XFL Parent May Be Roped Into Ex-Commissioner's Firing Suit
• How Video Mediation Can Help Us Serve Clients Better
• Zohar Claims Lynn Tilton Is Withholding Tax Info
• Avoid Claims Of Bankruptcy Fraud Amid Creditor Scrutiny
• Fracking Sand Firm Hits Ch. 11 With At Least $500M In Debt
• Major Restaurant Food Distributor Hits Ch. 11 Amid Pandemic
• Mental Health Efforts Will Support Diversity In Legal Industry
• Exide Clean-Up Settlement Plans Approved In Ch. 11 Case
• Dura Creditors Denied Standing For Suit Against Lynn Tilton
• Hong Kong To Offer $3.5B Financing To Cathay Pacific
• Advantage Rent A Car Lender Says Sale Plan Is Too Vague
• RentPath Cleared For $588M Ch. 11 Sale And Reorg Plan
• JC Penney Shareholders Get Judge's OK To Form Committee
• Valuing Firms In A World Of Pandemic-Induced Bankruptcies
• Balbec Collects $1.2B For Bankruptcy-Focused Credit Fund
• Borden's Ch. 11 Bonuses OK'd As Judge Scolds Stakeholders
• PG&E Rips Objections To $59B Bankruptcy At Trial's Close
• Judge Says Cert. Unlikely For Parent ADHD Med Buyers
• Whiting Noteholders Flag Ch. 11 Plan For Lack Of Info
• Bankruptcy Court Can't Touch Pot Patent, Trustee Says
• Nine West Ch. 11 Trust Seeks $1.5B From Former Insiders
• Ex-Del. Bankruptcy Judge To Join Boy Scouts Mediation Panel
• New Ruling May Aid Syndicated Loan Market Amid Pandemic
• PG&E Seeks About $9B From Investors For Ch. 11 Exit
• Le Pain Quotidien Adds $1.4M To Ch. 11 Loan For Rent Tab
• Feds Want Assurance Avenatti Isn't Using Internet On Release
• Civility Could Be Litigators' New Normal Even Post-Pandemic
• Feds Say Oil Biz Can't Ditch $7M Jones Act Fees In Ch. 11
• Judge Rejects Early Verdict Bid In Westmoreland Coal Fight
• COVID-19 Release For DBSI's Ex-GC In Prison Bureau's Hands
• PG&E's Share Terms For Fire Survivors Unfair, Judge Told
• Health Care Network Hygea's Ch. 11 Plan Draws Flak
• The Week In Bankruptcy: Eyes On The New Normal
• 3 Lingering Opportunity Zone Questions Amid The Pandemic
• Law Firms Must Beware Risks In Nontraditional Financing
• Argentina Must Face Investors' Suit In NY, Judge Says
• Texas Justices To Weigh State Grid Operator's Immunity
• Real Estate Rumors: Acento, 24 Hour Fitness, Time Equities
• A Creative Strategy For Repaying PPP Loans
• UK Litigation Roundup: Here's What You Missed In London
• 3rd Circ. Cuts Strings From Ex-Body Armor GC's Fees Bid
• PG&E Bankruptcy Plan Is 'House Of Cards,' Objectors Warn
• JC Penney Gets Nod For $450M In Ch. 11 Financing
• Drug Firm Hurt By Coronavirus Gets Ch. 11 Plan OK'd
• Looting, COVID-19 Prolong Modell's Bankruptcy Pause
• Apex Parks Approved For $60M Ch. 11 Sale To Lenders
• Bankrupt JC Penney Is Last Holdout On Pa. Mall's Ch. 11 Plan
• Auto Parts Maker APC Approved For $30M In Ch. 11 Funding
• Coronavirus Q&A: Berger Singerman's Paul Singerman
• 2 Tested Alternatives To Unavoidable Court Delays
• Deals Rumor Mill: LVMH, Royal Dutch Shell, Amazon
• Minn. Ruling Represents Sensible Stance On Legal Finance
• Bernie Madoff Denied Compassionate Release From Prison
• PG&E Warns Of 'Draconian' Results If Bankruptcy Plan Denied
• Ex-Bumble Bee CEO Fights Feds' 10-Year Sentence Bid
• 8th Circ. Revives Ponzi Suit Against JPMorgan, Other Lenders
• Retailer New York & Co. Says Bankruptcy Probable
• Philly Refinery Gets OK On Ch. 11 Deal To Cap EPA Claims
• Pharmacy Chain Says It Can Rep Class If Lead Is DQ'd
• Funding Questions, New Deadline Threaten Ravn Ch. 11 Sale
• Best Practices For A Paperless Law Practice
• Purdue's Ch. 11 Claim Deadline Bumped 30 Days For Virus
• A Faster, Cheaper, More Efficient Way To Restructure
• Wash. Lodges 1st State Suit Over Tuna Price-Fixing
• Investor Seeks To Delay AeroCentury's Board Meeting
• Car Parts Giant APC Latest Virus Victim To Stall In Ch. 11
• Feds Press 3rd Circ. To Revive NJ Landfill Cleanup Suit
• Investment Firm Must Pay $29M To End SEC Suit
• PG&E Resolves Fire Victims' Ch. 11 Plan Objections
• Pot Co. Green Growth Gets OK To Start Insolvency Sale
• Libbey Glass Cleared To Tap Into $30M In New Ch. 11 Funds
• LASIK Vision Institute Owner Can Tap $5.7M In Ch. 11 Funds
• Templar Energy Starts Ch. 11 With Interested Bidders
• Cannabis Fund Buys Insolvent Canadian Grower For $10M
• LSC Communications OK'd For DIP Loan, Executive Bonuses
• 6th Circ. Says 401(k) Funds Won't Go To Bankruptcy Debts
• Lawyers Must Address Racial Injustice With Radical Candor
• Financial Strategies For Oil And Gas Cos. During The Slump
• NY Buyers Should Beware Tainted Claims After Ch. 11 Ruling
• Surety Firms Lose Bid To Block Fees In Cloud Peak Ch. 11
• Discount Retailer Fred's Sees Ch. 11 Liquidation Plan OK'd
• How Lawyers Can Network Better, Virtually And In Person
• Practical Tips For Presenting Your Case To Litigation Funders
• Avenatti's Calif. Trial Pushed To December Over COVID-19
• Ohio Tax Talk: Unemployment Ruling May Offer M&A Savings
• Supreme Court Allows $3B Madoff Clawback Ruling To Stand
• COVID-19 Sends Glassware Maker Libbey Into Bankruptcy
• Lasik Vision Institute Hits Ch. 11 After COVID-19 Cash Crunch
• Templar Energy Hits Ch. 11 Over COVID-19 Impact On Oil Price
• High Court Upholds Puerto Rico Financial Oversight Board