Bankruptcy Archive » February, 2023

Bankruptcy - February, 2023

208 articles

• Firm Sued By Highland Trustee Wants Texas Judge Recused
• Puerto Rico Utility Reorg Heading For Creditor Vote
• Firms Vie To Represent 'Gemini Earn' Crypto Users In NY Suit
• Regulators To Give Voyager Customers First Dibs On Assets
• Spanish TV Biz To Seek High Court Review Of Ch. 11 Ruling
• SL Green Says It Hasn't Received A Dime Of $185M Judgment
• 2 Takeaways From 3rd Circ.'s J&J Bankruptcy Ruling
• How NYDFS Guidance Instructs Crypto-Related Bankruptcies
• Pallet Co. Wins Injunction In Trade Secrets Suit Against Rival
• Reverse-Mortgage CEO Wins Bail Amid Fraud Appeal
• 3rd FTX Exec Cops Plea As Feds Squeeze Bankman-Fried
• Car-Sharing Biz Opens Del. Ch. 11 For Stalking Horse Sale
• Cred Can Pick Up 3rd-Party Claims For Calif. Lockton Suit
• Release Opt Out Trips Up Tricida Ch. 11 Disclosure Approval
• Catching Up With Delaware's Chancery Court
• Steps Lawyers Can Take Following Involuntary Terminations
• Bankrupt Pa. City Gets OK To Reject Key Parking Contract
• Interest On $1B Surfside Deal Will Go To Collapse Victims
• Voyager Equity Holders Denounce Proposed FTX Loan Deal
• COVID Testing Firm To Seek Ch. 11 Bids By Early April
• NewAge Gets Ch. 11 Liquidation Plan Confirmed
• High Court Ax Of Atty-Client Privilege Case Deepens Split
• Akorn Files For Ch. 7 Liquidation With Over $100M Debt
• Ex-Prison Guard Union Boss' Sentence Cut In Bribery Case
• Cineworld Says Equity Holders Likely To Get Nothing In Ch. 11
• A Lender's Guide To Going-Concern Qualifications
• 6th Circ. Won't Revive Dow Corning Implant Settlement Claims
• Bankrupt Australian Coal Miner Gets OK To Use Lender Cash
• Bestwall Says J&J Unit's 3rd Circ. Loss Shouldn't End Ch. 11
• Tribes Owed Immunity In Bankruptcy Cases, High Court Told
• Broker Can't Strike Reports On Failure To Vet Defunct Airline
• Avaya Gets Nod On Additional $128M In Ch. 11 Funding
• FTC, SEC, NY Regulators Blast Voyager's Ch. 11 Plan
• Judge Calls Performance Powersports DIP Releases Unfair
• Judge OKs Some Blast Claims Against TPC Ch. 11 Sponsors
• Barnes & Thornburg Hires NY Partner From Crowell & Moring
• Bankman-Fried Exploited Code 'Loopholes,' New Charges Say
• COVID Test Maker Lucira Health Files For Ch. 11 Protection
• McMahon Wants Out Of Clawback Suit Involving Ex-XFL Exec
• Reverse Mortgage Trust Gets OK For $15M DIP Settlement
• Starry Group's Ch. 11 Loan Grants Interim Access To $12M
• Sandy Hook Families Ask Conn. Justices To Hear Jones Case
• End Payors Latest To Drop Bankruptcy-Blocked Par Claims
• 3D Parts Printer Garners Wide Support For Ch. 11 Wind Down
• 3 Job Satisfaction Questions For Partners Considering Moves
• Fuel Pump Co. Lender Says Ch. 11 'Value-Destructive'
• Bankman-Fried Wants Voyager Ch. 11 Subpoena Nixed
• High Court Bars Ch. 7 Discharge For Debts Incurred By Fraud
• US Chamber, Legal Groups Favor J&J Talc Ch. 11 Rehearing
• Sorrento Cleared For Ch. 11 Loan Over Nant Entity Objection
• Judge Faults Ch. 11 Plans Of Long Island Diocese, Creditors
• Renibus Buys Tricida's Kidney Drug Veverimer In Ch. 11 Sale
• Revlon Says It's Reached Deal With Lenders On Ch. 11 Plan
• Custody Takeaways After NY Crypto Guidance, Bankruptcies
• 4 Exercises To Quickly Build Trust On Legal Teams
• Justices Turn Away Convicted Mobster's Fight To Get Counsel
• Year-Old SPAC Starry Hits Ch. 11 For Sale With $310M Debt
• Judge Warns Against Renters Who Sue In Surfside Collapse
• BlockFi Seeks End Of SBF-Owned Entity's Ch. 11 Case
• Beechcraft Can't Shed DOD's Audit Claims Yet
• Trustee Seeks To Bar Bankrupt Billionaire From Luxury Apts.
• Catching Up With Delaware's Chancery Court
• FTX Japan Moving Toward Release Of Customer Accounts
• 11th Circ. Says No Jurisdiction In UBS Spat With Ex-Adviser
• Navigating Compensation Of Special Counsel In Bankruptcy
• Wash. Justices Look At Statute Of Limitations In A Foreclosure
• Oil Co.'s Ch. 11 Plan Has Industrywide Effects, Court Told
• Alex Jones Holding Guns For Jan. 6 Rioters, Ch. 11 Docs Say
• Crypto Data Co. Approved For Ch. 11 Plan After Sales
• SEC Sues Terraform, CEO Do Kwon Over Stablecoin Collapse
• Credito Real Cleared For $62M Sale Of US Asset In Ch. 15
• Bankman-Fried Judge Suggests He Is Close To Revoking Bail
• 8 Steps To Improve The Perception Of In-House Legal Counsel
• Ruling Casts Shadow On Cannabis Employees' Ch. 13 Relief
• Fuel Pump Co. Stanadyne Hits Ch. 11 With About $300M Debt
• Deals Rumor Mill: Reddit, Manchester U, Kroger-Albertsons
• Tuesday Morning Gets OK To Tap $15M In Ch. 11 Financing
• Sinclair Sports Unit Skips $140M Debt Interest Payment
• Ex-Stanford Law Dean Signed Bankman-Fried's Bond
• Reverse Mortgage Servicer Still Fighting Over DIP
• Procedure Rule 7.1 Can Simplify Litigators' Diversity Analysis
• VC Firm Sequoia Latest To Be Hit With FTX Suit
• Avaya OK'd For Expedited Confirmation Of $3.4B Ch. 11 Plan
• AY Strauss Adds Partner To Commercial Real Estate Group
• Celsius Creditors Get 3 Weeks To Look At Ch. 11 Plan Outline
• Regulators Are Setting Sights On Crypto Market Manipulation
• DC Atty Facing $19M Captive Insurance Suit Files For Ch. 7
• SEC Eyes Crypto Assets In New Adviser Custody Proposal
• FTX Judge Rejects Bid For Independent Ch. 11 Examiner
• 4th Circ. Says Insurer Can't Object To Ch. 11 Asbestos Trust
• Bankruptcy Venue Reform Bill Reintroduced In Congress
• Textron Says $19.4M Pension Claim Not Time-Barred
• Avaya Reenters Ch. 11 With Deal To Slash $2.6B In Debt
• J&J Talc Unit Seeks 3rd Circ. Rehearing On Ch. 11 Dismissal
• NC Law Firm's Clients Urged To File Claims For Missing Funds
• Bankman-Fried Can't Use VPN After Super Bowl Blunder
• Retailer Tuesday Morning Hits Ch. 11 With Over $100M In Debt
• FTX Customers Want Fraud Suits Grouped In Florida
• Judge Stays SEC And CFTC Cases Against Bankman-Fried
• McKinsey Inks $25M Settlement Deal With PG&E Victims Trust
• Texas Two-Step Still Worth The Gamble, Ch. 11 Experts Say
• Brazilian Telecom Gets US Recognition Of $6.7B Reorg
• HNA Says Turnover Order Is Barred Under NY, Del. Law
• Pa. City's Receiver Empowered To File Ch. 9, Court Told
• J&J Ch. 11 Ruling Highlights 'Texas Two-Step' Skepticism
• Sears Hometown Investors, Ex-Directors Reach $3.1M Deal
• Bankruptcy Group Of The Year: O'Melveny
• Sorrento Therapeutics Hits Ch. 11 With Over $100M In Debt
• Roche Rips Bank's Counterclaims In $87M Test Strip Row
• Claimants Say Boy Scouts Ch. 11 Releases Aren't Justified
• US Trustee Says FTI Too Conflicted To Work On FTX Ch. 11
• Girardi Son-In-Law Pleads Not Guilty In Ill. Client Theft Case
• Diocese Dumps Epiq From Ch. 11 After Release Of Victim IDs
• House GOP Leaders Query SEC On Bankman-Fried Arrest
• Law360 Seeks Members For Its 2023 Editorial Boards
• Puerto Rico Fiscal Board Proposes $4.3B Utility Reorg Plan
• Ch. 11 Ruling May Open Bankruptcy Doors For Some Pot Cos.
• Atty Conflict Discussions In Idaho Murder Case And Beyond
• Bankruptcy Group Of The Year: Brown Rudnick
• UK Litigation Roundup: Here's What You Missed In London
• Judge Pulls EY German Unit Back Into Wirecard Investor Suit
• Insurers Attack Good Faith Of Boy Scouts In Ch. 11 Appeal
• Class Members Ask Court To Reject PG&E 'Backdoor Deal'
• 3AC Founder Starting Crypto Bankruptcy Claim Exchange
• Ex-Girardi CFO Pleads Not Guilty To Aiding Client Theft
• Faegre Drinker Fights Malpractice Suit With Privilege Claim
• Why The Original 'Rocket Docket' Will Likely Resume Its Pace
• Abuse Victims ID'd In Diocese Bankruptcy, $42M Suit Says
• Bankruptcy Group Of The Year: Latham
• Monitoring Of Bankman-Fried's Texts Likely After GC Contact
• Home Decor Wholesaler Hits Ch. 11 With $495M Debt
• Ad, Data Firm Big Village Holding Hits Ch. 11 Seeking Sale
• FTX Racks Up $9.7M In Fees From Sullivan & Cromwell, Others
• Crypto ATM Operator Cash Cloud Files For Ch. 11 In Nevada
• Chinese Exile Seeks 5th Amendment Protection In Ch. 11 Case
• 3 Arrows Liquidators Say No Answer To Twitter Service
• Cosmetics Co. Gets OK For $690M Bid, Ariana Grande Deal
• Alex Jones Says Sandy Hook Suit Would Deplete Ch. 11 Cash
• Fed. Circ. Questions Cooley Culpability In CBD Patent Row
• 2nd Circ. Raises Procedural Doubts In Contempt Appeal
• Bankman-Fried, Other FTX Insiders To Face Ch. 11 Subpoenas
• Sandy Hook Families Retain Investigations Firm In Ch. 11 Case
• Bankruptcy Group Of The Year: Pachulski Stang
• Crypto Coverage After FTX Fall: Crime And Custody Coverage
• A Primer On Avoidance Actions In Crypto Bankruptcies
• Girardi Trustee's Claims Against Litigation Funder Axed
• Six Firms Vie To Lead NewAge Investors Securities Suit
• Celsius Borrowers Seek Return Of Crypto Collateral
• Bankman-Fried Appeals Decision To Unseal Bail Sureties
• Del. Judge Questions Pet Store Chain's Ch. 11 Timetable
• Utah Ch. 11 Partially Halts NC Foreclosure Bid Rigging Suit
• Fla. Judge OKs Bertucci's Booze Supplier Payments In Ch. 11
• Signature Bank Aided FTX Fraud, Suit Says
• Bankruptcies Aren't The Real Problem In Mass Tort System
• Medly Health Cleared For $19.35M Ch. 11 Sale To Walgreens
• The Discipline George Santos Would Face If He Were A Lawyer
• 2 NC Brothers Cop To Multimillion-Dollar Ponzi Scam
• Voyager Judge Agrees To Appoint Ch. 11 Fee Examiner
• Bankruptcy Group Of The Year: Jenner & Block
• Long Island Diocese Creditors Seek $321M Ch. 11 Abuse Fund
• Bankrupt Lender Genesis To Sell Trading Arm In Restructure
• Bed Bath & Beyond Plans Offering As Bankruptcy Looms
• FTX Asks Politicians To Return Donations By Month's End
• Celsius Shareholders Seek Shield From Customer Claims
• Girardi Competency Hearing Ordered In LA Wire Fraud Case
• Gov't Wants To Weigh In On 3M 7th Circ. Bankruptcy Appeal
• FTX, Trustee Urged To Negotiate On Ch. 11 Examiner
• PhaseBio Suitor Gets $2M Breakup Fee Without Ch. 11 Auction
• HNA Group Says SL Green Already Received Owed Judgment
• Catching Up With Delaware's Chancery Court
• Bankruptcy Group Of The Year: Akerman
• Pet Care Chain Hits Ch. 11 With $111M Debt, Planning Sale
• Vets With Hearing Loss Seek Dismissal Of 3M Bankruptcy
• Entity At Center Of FTX-BlockFi Dispute Files For Ch. 11
• Crypto Mining Co. To Swap 27,000 Rigs To Wipe $38M Debt
• HNA Group Can't Sell New York Property, Judge Says
• Edelson, Kaplan Fox, Pomerantz Seek To Rep FTX Investors
• Girardi Thefts A Tough Lift For Client Restitution Funds
• Seahawks Player's Bankruptcy Conversion To Ch. 11 Denied
• A Litigation Move That Could Conserve Discovery Resources
• New FTX CEO To Testify In Bankruptcy Examiner Showdown
• Sullivan & Cromwell Slams 'Harassing' FTX-Related Subpoena
• Quanergy Nets $3M In Reopened Ch. 11 Asset Auction
• Texas Fraud Claim Against Bankman-Fried Thrown Into Doubt
• Litigators Should Approach AI Tools With Caution
• Deals Rumor Mill: Bed Bath & Beyond, Stripe, Twitter
• 3M Unit Bankruptcy Is A Smokescreen, 7th Circ. Told
• 8th Circ. Upholds $14M Fee Award On $5.4M Judgment
• Girardi Indictment Sparks Joy, Frustration, Disbelief
• Recession Or Not, Elevated Restructuring Activity Is Coming
• Crypto Suits Are Flying High As SPAC Litigation Cools: Report
• Voyager, Creditors Blast $75M Alameda Loan Payment Claim
• From Star Litigator To Criminal Defendant: A Girardi Timeline
• Improved Bitcoin Price Leads To New DIP For Core Scientific
• Girardi's Mental State Emerges As Early Legal Battleground
• Judge OKs SBA's Excluding Bankrupt Cos. From PPP Loans
• 3 Wobbly Defenses From Bankman-Fried's Substack Post
• Bankman-Fried Can't Contact FTX Staff, Judge Orders
• H2 Brands Gets $10M Of $49M Ch. 11 Loan For Auction Prep
• Bondholders Stake Claim To Puerto Rico Utility Revenues
• 5th Circ. Won't Budge From Ch. 15 Power Price Suit Remand
• Crypto Coverage After FTX Fall: Accountant And Atty Liability
• Schnader Harrison Says Deadline Failure Suit Still Flawed
• Celsius Ch. 11 Ruling Reminds Clear Contract Terms Govern
• Tom Girardi Indicted In Calif., Ill. Over Client Theft Scandal
• NewAge Strikes Deal With Buyers In $8.2M Cash Dispute
• Icahn-Owned Auto Parts Co. Gets OK For Interim DIP Loan
• Invacare Hits Ch. 11 In Texas To Slash $240M In Debt