Bankruptcy Archive » March, 2023

Bankruptcy - March, 2023

264 articles

• J&J Can't Keep Talc Ch. 11 During High Court Appeal
• FTX Says Exchanges And Bank To Return $200M To Estate
• GWG Needs Two Weeks For Additional Ch. 11 Disclosures
• Illinois Power Plant Owner Files For Ch. 11 With $158M Debt
• Asbestos Claimants Take New Tack In Bestwall Dismissal Bid
• Bed Bath & Beyond To Sell $300M Of Stock To Avoid Ch. 11
• 11th Circ. Orders Ch. 7 Court To Rethink Bank's Stock Interest
• Starry Group Gets OK For $74.5M DIP, Ch. 11 Plan Vote
• Greensill Capital Ch. 11 Trustee Sues BofA For $4.3M In Del.
• Ex-CEO Of Mental Health Clinic Settles Drug Records Suit
• $13M Bid Protection OK'd For Celsius' Ch. 11 Stalking Horse
• Genesis Global Says Digital Assets Are Safe In Ch. 11
• Movia Creditor's Atty Told To Pause Conn. Suit Amid Ch. 11
• Catalina To Seek Ch. 11 Plan Confirmation In Late April
• Trustee Fights Deposition In Mich. Dam Failure Suit
• SiO2 Gets OK To Tap Into $12M In Ch. 11 Funding
• FTX Scoffs At Bankman-Fried's Request For Defense Funds
• Fox Ex-Producer Case Is A Lesson In Joint Representation
• Deals Rumor Mill: Amazon, Musk, Commanders
• As The Metaverse Expands, Bankruptcy Questions Arise
• Bankman-Fried Pleads Not Guilty To Bevy Of New Charges
• TV Azteca, Bondholders Spar Over Chapter 11 Stay
• Senate Bill Would See FDIC Claw Back Failed Bank Exec Pay
• Chancery Flat-Lines Bid To Stop Heart Valve Co. Patent Sale
• Biotech Co. Codiak Plans Ch. 11 Sale Of Lab, IP Assets
• Medical Container Co. Hits Ch. 11 With $430M Debt
• Marketing Co. Catalina Hits Ch. 11 With $370M Of Debt
• Why The SVB Collapse Is Not A 2008 Repeat Story
• Inside The Emergence Of 'Bridge Banks'
• Wis. Tribe Can't Escape Bankruptcy Rules, Justices Told
• GWG Has Too Little Info In Ch. 11 Plan Disclosure, Judge Says
• Heart Device Maker Tells Del. Court: Patents Already Sold
• $6.5B ERISA Suit Against Dead Energy Co. Can Stand
• LeClairRyan Trustee Says Funds Safe After Bank Collapse
• Stanford Law Protest Highlights Rise Of Incivility In Discourse
• Law Firm, Parties Appeal Sanctions Order In Kwok Bankruptcy
• Landlord Says Retainers Not Protected In Pa. Transfer Law
• Long Island Diocese Creditors Seek Dismissal Of Ch. 11
• Paul Hastings Drops Request To Be Voyager Conflict Counsel
• Ex-BigLaw Partner Arrested, Charged With Bankruptcy Lies
• Boy Scouts Ch. 11 Plan Upheld On Appeal
• Bankman-Fried Hit With FCPA Charge As Feds Drop 'Hammer'
• Voyager's $1B Binance Transfer Temporarily Blocked By Court
• Fed's Barr Says SVB Failure Was 'Textbook Mismanagement'
• Chinese Exile Ho Wan Kwok Loses $37M Yacht To Trustee
• Cardiac Implant Maker Sued In Del. Over Snubbed Offer
• Jones To Return $243K To Free Speech Systems In Ch. 11
• Sorrento Therapeutics Agrees To Shareholder Committee
• Dispute Prevention Strategies To Halt Strife Before It Starts
• High Court Declines Appeal Of Puerto Rico Law Nullification
• First Citizens To Buy Failed Silicon Valley Bank From FDIC
• Biotech Firm Codiak BioSciences Hits Ch. 11 With Sale Plan
• U.S. Trustee Says Revlon Ch. 11 Plan Releases Too Broad
• US Bank Asks Justices To Abandon Bankruptcy Law Doctrine
• GOP Senators Say Fed Missed Signs Of SVB's Poor Health
• FTX Customers Seek Ruling On Crypto Account Ownership
• Tricida Heading For Ch. 11 Confirmation Fight With Creditors
• Ho Wan Kwok Trustee Seeks To Maintain, Insure $25M Yacht
• Sullivan & Cromwell's $12.5K Deal With Bankrupt Atty Upheld
• Deutsche Bank Settles Suit Over $1.6B In Madoff Claims
• High Court Bankruptcy Ruling Is A Warning To Joint Obligors
• SEC Says Ripple Defense 'Shamelessly' Plucks Judge's Words
• Terraform CEO Arrested Abroad, Charged Over $40B Loss
• Cozen O'Connor Atty Sworn In As Del. Bankruptcy Judge
• FTX Asks To Sell Startup Equity Back To Mysten For $96M
• Insurer Drops Malpractice Coverage Suit Against Law Firm
• BlockFi To Move $236M Out Of Silicon Valley Bank In Ch. 11
• Three Arrows Co-Founder Ordered To Answer Subpoena
• SDNY Judge Seeks Agency Check Of Celsius Ch. 11 Bid Term
• Bankrupt Dirt Bike Co. Gets OK of $73 Million Ch. 11 Sale, DIP
• Practical Skills Young Attorneys Must Master To Be Happier
• Pillsbury Again Escapes Malpractice Threat In Hotel Ch. 11
• Deals Rumor Mill: Commanders, FTX, Baxter International
• Serta Simmons Gets OK For Vote On Ch. 11 Plan
• Avenatti's Ex-Wife Owes $717K To Ex-Law Partner, Panel Says
• FTX Reaches $404M Clawback Deal With Investment Firm
• Kabbage Wins Fights Over $1.5M Ch. 11 Settlement Payment
• Bondholders Denied Lien On Puerto Rico Utility Revenue
• SVB And FDIC May Be At Cross-Purposes In Ch. 11
• Chinese Exile Taps Brown Rudnick To Fight $1B Fraud Case
• Avaya Gets OK For $2.6B Equity-Swap Ch. 11 Plan
• J&J Plans High Court Appeal After 3rd Circ. Tosses Talc Ch. 11
• Celebrity Chef's Ex-CFO The Latest To Flip In Wage Suit
• CFPB And FTC Take Their Place As Powerful Crypto Cops
• A Bankruptcy Doctrine May Soon Be Before The High Court
• SVB Financial Gets Ch. 11 Nod For $100M Cash Use
• 3M Looks To Shield CEO From Vets' Questioning
• Attys Seek Insurance For Arrested Businessman's $25M Boat
• Loyalty Ventures Gets OK For Ch. 11 Loan, Plan Solicitation
• Bondholders Seek Ch. 11 For Mexican Media Conglomerate
• Establishing A Record Of Good Faith In Mediation
• Stimwave Secures Ch. 11 Plan Confirmation In Delaware
• After SVB Collapse, A Lesson In Patents As Debt Collateral
• Troubled California Debt Law Firm Seeks Ch. 11 Protection
• Justices Asked To End 'Hypothetical Jurisdiction' Circuit Split
• Celsius Gets OK For Deal To Return Account Holder Assets
• Influencer To FTX Investors' Atty: 'You Made A Big Mistake'
• SVB Can't Transfer Accounts From Silicon Valley, FDIC Says
• NantCell Kicked Off Creditor Committee In Sorrento Ch. 11
• Regulators Extend SVB Bidding, Give OK To Signature Deal
• FDIC Wants Failed Signature Bank's FTX Fraud Suit Paused
• 3M Unit Hits Back At Bids To Toss Bankruptcy Case
• Orrick To Rep Ex-SVB CEO In Shareholder Suits
• 2nd Circ. Affirms Loss Of Airline Bankruptcy Merger Challenge
• FTX, Alameda Sue Bahamian Entity Over Ch. 11 Owner Claims
• Georgia Fuel Distributor Hits Ch. 11 With $200M Debt
• SEC's Proposed Custody Rule Changes And What They Mean
• Catching Up With Delaware's Chancery Court
• GWG Says It Will Have Ch. 11 Plan For Court In Days
• Regulators Uneasy Over $17B Wipeout Of Credit Suisse Debt
• Sorrento Shareholders Say They Need Committee In Ch. 11
• Sen. Cruz Asks SVB, SF Fed If 'Woke' Priorities Led To Failure
• Court Backs $125M Sorrento Cancer Drug Arbitration Win
• SVB's Fall Portends Even Leaner Times For Private Startups
• FTC Urges DC Circ. Not To Prolong Endo-Impax Monopoly
• Mich. Panel Rules Garnishees Cannot Object To Court Writs
• SVB's Failure A Lending Lesson For Clean Energy Developers
• Ex-Bang CEO Blocked From Using Social Media Accounts
• WeWork Restructuring Debt With SoftBank, Others
• ABA Opinion Should Help Clarify Which Ethics Rules Apply
• US Trustee Uneasy About Unsecured Albany Diocese Assets
• Biden Says It Should Be Easier To Punish Failed-Bank Execs
• UK Litigation Roundup: Here's What You Missed In London
• Silicon Valley Bank Parent Files For Ch. 11 In NY
• Yellen Defends Depositor Rescue As Sens. Debate SVB Bust
• Streaming Rights Dispute Emerges In Diamond Sports Ch. 11
• Judge Slams Feds' Bid To Pause Voyager Ch. 11 Deal
• Stream TV Files Bankruptcy Just Before Asset Dispute Trial
• FTX Investors Say Influencers Are To Blame For Bad Deal
• Deals Rumor Mill: SVB, Trump's Truth Social, Michael Jordan
• SVB Hit With Another Investor Suit For Hiding Financial Woes
• How Crypto-Friendly Bank Failures Will Change Tech Industry
• FTX Paid Bankman-Fried, Other Execs $3.2B Before Ch. 11
• Times Square Hotel Gets OK For $418M Debt Swap Ch. 11 Plan
• 4 Ways To Reboot Your Firm's Stalled Diversity Program
• 'Day-In-Court' Ideal Is Distracting From Victim Recovery
• Lawmakers Want Answers After Crypto-Friendly Bank Crashes
• $3.1M Hurricane Damage Suit Must Be Arbitrated, Insurers say
• Judge Upholds Ch. 9 Restructuring Bid For Struggling Pa. City
• Bank Failures Shine Light On Corporate Governance Risks
• Celsius Ch. 11 Creditors Object To $3M Request For Atty Fees
• Top Questions, And Lessons, After Banking's Wild Weekend
• Albany Diocese Latest To Seek Ch. 11 Over Abuse Claims
• DOJ's Google Sanctions Motion Shows Risks Of Auto-Deletion
• Haynes Boone, Other Firms Augment Teams Over SVB Fallout
• Boy Scouts Ch. 11 Objectors Slam $4M Funding Bid
• NRA Says NY Court Ignored AG's 'Open Boasting' Of Animus
• How Companies Can Use Gov't Funding Amid Bankruptcy
• Bannon Ally Guo Wengui Accused Of $1B Fraud Scheme
• Dems Float Hearings, Trot Out Banking Bill In Post-SVB Push
• Signature Bank's Closure Was Not Tied To Crypto. Or Was It?
• Roche Blasts Attys' 'Misconduct' In Diabetes Fraud Deposition
• Ex-Uber Exec Faces Setback In Bid For Tax-Free Settlement
• Ex-Exec At 50 Cent's Booze Biz Pauses Arb Award With Ch. 7
• SVB Receivership Has A Big Advantage Over Ch. 11 — Speed
• 5 Things To Know About The Atty Heading SVB 'Bridge Bank'
• Sinclair's Regional Sports Networks Hit Ch. 11
• Chancery Nixes Most Stream TV Calls To Sanction Hawk
• Investors Say Signature Bank Misled Them Before Collapse
• What To Expect From A Litigation Finance Industry Recession
• Bank GCs Shoring Up Against Risks In Wake Of Collapses
• BlockFi, FTX In Talks To Pause Robinhood Stock Fight
• Conn. Diocese's Ch. 11 Must Help Abuse Victims, Judge Says
• Market Share Matters For Airline Merger, 2nd Circ. Told
• Firm Sanctioned Over Subpoena In Exiled Billionaire's Ch. 11
• SVB Failure Spurs Fed Soul-Searching, Political Blame Game
• How Public Companies Are Responding To SVB's Collapse
• SVB, Execs Hit With 1st Shareholder Suit Over Implosion
• FTX Says Ch. 11 Progress Justifies Plan Filing Extension
• Sandy Hook Families FiIe Ch. 11 Suits Over Debt Discharge
• Kabbage Ch. 11 Plan Approved With Trustee Injunction Deal
• SVB Flameout May Spur Gov't Probes With Social Media Twist
• BlockFi Wants Suits Paused So Execs Can 'Focus' On Ch. 11
• A Look At The Feds' Extraordinary Reaction To SVB Collapse
• Key Considerations For Taxpayers Deducting Crypto Losses
• 3rd Circ. Grants Amicus Bids Of Profs, Ex-Judge In LTL Case
• SVB Parent Forms Restructuring Committee After Collapse
• Signature Bank Seizure Spurs $40M US Steel Settlement Move
• J&J Unit Ch. 11 Case Shows Texas 2-Step May Be Wrong Move
• SVB's UK Unit Sold To HSBC By Regulators For £1
• Feds Step In To Protect Depositors As Another Bank Falls
• Tuesday Morning Taps New DIP, Drops Old In Texas Ch. 11
• Feds Appeal Voyager's Ch. 11 Exit And $1B Binance Transfer
• Biofuel Co. Plans June Auction For Las Vegas Refinery
• Fla. Judge Calls 3M Hearing-Loss Evaluation 'Problematic'
• SBF Judge Still Worried About 'Inventive' Bail Workarounds
• Highland Ch. 11 Remand Reinforces Gatekeeping Availability
• 7th Circ. Warns Bankruptcy Attys To Report Fees Correctly
• Kossoff Trustee Looks To Claw Back $1.4M In Escrow Funds
• Girardi's Influence Kept Calif. Bar At Bay, Probe Finds
• All Eyes On Regulators As SVB Failure Tests Bank-Crisis Prep
• Customer Loyalty Program Co. Hits Ch. 11 With $656M Debt
• Fla. Judge Mulls Tossing Shaq, Naomi Osaka From FTX Suits
• Alex Jones' Co. Files Ch. 11 Plan Calling For $520K Salary
• Canadian Law Keeps Schottenstein Suit In Del., Chancery Told
• Stimwave Pays $10M To Avoid Prosecution; Ex-CEO Charged
• Judge Says No Contract Claims Against Celsius Affiliates
• FTX Floats $4M Ch. 11 Bonuses That Freeze Out SBF, Insiders
• FTX Investors Drop Sullivan & Cromwell Subpoena
• Shearman's Ex-Insolvency Co-Head Jumps To Cahill
• Gibson Dunn Adds Finance Pro In Houston From Akin Gump
• 3rd Circ. Says Lawyer Didn't Breach Deal With Legal Nonprofit
• Bankman-Fried Floats Trial Delay Amid Cascade Of Evidence
• Las Vegas Biofuel Plant Hits Ch. 11 With $186M Debt
• Conn. Judge Weighs How To Shield Church Abuse Victim IDs
• Judge Won't Consolidate Investor Suits Against FTX
• Insurer Wins In CDS Bench Trial With Lehman Brothers
• Court Rejects Bond Co. Appeal Of Oil Driller's Ch. 11 Plan
• Bed Bath & Beyond Says Equity Funding Has Risen To $360M
• Crypto Bank Silvergate To Shut Down And Liquidate
• Celsius Gets More Time For Exclusive Ch. 11 Plan Rights
• Celebrities Say FTX Suit Doesn't Belong In Florida State Court
• Settlement Conference Denied In Camden Diocese Ch. 11
• Bankruptcy Ruling Affirms High 9th Circ. Evidentiary Standard
• Talc Claimants Rip J&J Unit's Bid For Full 3rd Circ. Rehearing
• Ch. 11 Deadline Extended For Revlon Hair Relaxer Claims
• PWM Ch. 11 'Toggle' Plan For Chicago Tower OK'd In Del.
• Long Island Diocese Creditors Blast 'Gift' To TV Channel
• Voyager Gets OK For $1B Binance Deal, Ch. 11 Exit
• FDCPA Ruling Clarifies Bankruptcy-Related Case Precedent
• LeClairRyan Board Members Settle Trustee Clawback Claims
• Grayscale Sued In Del. For Docs On Crypto Biz, Assets
• Former Highland CEO Loses Bid To Recuse Texas Judge
• Judge Favors Security Rules Release In Voyager Ch. 11
• US Trustee Appeals Order Denying Examiner In FTX Case
• Feds Suggest Limiting Sam Bankman-Fried To A Flip Phone
• Alameda Research Sues Grayscale In Del. To Unlock $9B
• Retired Judge, Profs Oppose J&J Unit's Chapter 11 Bid
• Tricida Heads To Ch. 11 Mediation Over Creditor Plan Issues
• Puerto Rico Fiscal Board Wins Nullification Of Labor Law
• Justices Leave Questions Open On Dual-Purpose Atty Advice
• How Celsius Customers May Use Tracing To Recover Deposits
• Ex-Liddle & Robinson Atty's $32M Bias Suit Kicked To State
• SEC Atty Suggests Voyager, Binance Broke Securities Rules
• Core Scientific Ch. 11 Parties Partly Agree To Equity Committee
• Bankrupt Mining Co. Can't Skirt Rules Via Permit Transfer
• Investment Bank, Insurer Appeal $60K Stock Suit Ruling
• Church Abuse Victims ID'd By Epiq In Ch. 11 Seek Class Cert.
• Silvergate Bank Wants FTX Customer Suits Kept Separate
• High Court Bankruptcy Ruling Is Unintended Gift To The SEC
• Judge Enters 2nd Not Guilty Plea For Girardi
• Determining Cryptocurrency Ownership In Bankruptcy
• NC Firm Founder, CEO Trade Claims Of Theft Amid FBI Probe
• Weil Atty Joins Simpson Thacher As Restructuring Team Lead
• UK Litigation Roundup: Here's What You Missed In London
• Gymnast's Abuse Suit Can't Proceed In Mass., Judge Finds
• Judge 'Shocked' By SEC Objection To Voyager Ch. 11 Plan
• Sens. Press Crypto Giant Binance On 'Disturbing Allegations'
• Gigamonster Nets $26.6M In Approved Ch. 11 Asset Sale
• 'Massive' FTX Asset Shortfall Emerges In Ch. 11 Probe
• Ch. 7 Debtors Seek To Claw Back Daughter's Tuition
• Nova Wildcat Strikes Deal On DIP, Ch. 11 Sale, Worker Pay
• BofA Inks Deal To End Suit Over Botched Bankruptcy Report
• State Regulators Are Not Leaving FTX To The Feds
• Brazilian Retail Chain Bankruptcy May Affect Ch. 15 Litigation
• Core Scientific Gets Final OK On New $70M Ch. 11 Loan
• Utah Judge Won't Reopen Malpractice Suit Against K&L Gates
• Profs, Tribal Groups Say Tribes Immune In Bankruptcy Cases
• Celsius Files Deal To Return Account Holder Assets
• Section 365 May Be Solution To 10th Circ. Ch. 7 Ruling
• J&J Ch. 11 Dismissal Ignores Mass Tort Bankruptcy Principles
• Suit Over Foreclosure Bids Resumes After Ch. 11 Dismissal
• 3M Says Most Vets In Earplugs MDL Have Normal Hearing
• Paul Hastings Reveals Ties To Creditor In Voyager Ch. 11