Bankruptcy Archive » May, 2023

Bankruptcy - May, 2023

237 articles

• J&J Defends Talc Powder As 1st Post-Spinoff Trial Begins
• MLB Commish Says Streaming Is Critical In Bally Ch. 11
• Mallinckrodt Can't Get Out Of Manhattan Project Waste Suit
• Influencer Agency Founder Wants Out Of FTX Investor Suit
• Bed Bath & Beyond Creditors Say They Have Ch. 11 Loan Deal
• TelexFree Victims Seek PNC Docs Despite Bank's Dismissal
• 3rd Circ. Preview: Energy Company Fights Fuel June Docket
• Christmas Tree Shops Agrees To Rent Payment Escrow
• Bankman-Fried Says Fenwick Docs Key To Fraud Defense
• Gemini Moves To Toss SEC Suit Over Lending Program
• Life Insurance Bond Seller Sued Over Misleading Offer Docs
• NY's Highest Court May Weigh In On $185M Award Fight
• KPMG Partly To Blame For Credit Suisse's Demise, Suit Says
• Paul Hastings' $12M Kwok Ch. 11 Fee Bill 'Only The Beginning'
• Oil Co. Asks 5th Circ. To Revive Faulty Cement Coverage Row
• US Trustee Can Take FTX Ch. 11 Examiner Appeal To 3rd Circ.
• Reed Smith Says 50 Cent Appeal Violates Court Rules
• Timber Co. Structurlam Gets Approval For $83.5M Ch. 11 Sale
• Chinese Exile Denies Flight Risk In $1B Fraud Case
• A Comparison Of 2 Bank Failures, With Regulatory Lessons
• Carnival Rips Cruise Software Biz's Bid To Hire Firm In Ch. 11
• Law Firm Trims Family's Suit Alleging Conflict In Girardi Case
• Bankman-Fried Charges Backed By Ample Evidence, Feds Say
• J&J Says New Ch. 11 Would Be Largest Settlement In History
• Gibson Dunn Adds Bankruptcy Ace From O'Melveny In NY
• 2nd Circ. Upholds Sackler Releases In Purdue Ch. 11 Plan
• Property Co. Asks 3rd Circ. Not To Revive $392K Lien Suit
• Dam Owner Ignored Flaw Before Collapse, Mich. Says
• Chinese Exile Kwok Seeks To Reverse Ch. 11 Contempt Order
• Suit Over Deutsche's SunEdison Disclosures Moves To Trial
• Some Client Speculations On AI And The Law Firm Biz Model
• YouTuber Bankrupt After Cardi B Wins $3.8M Libel Verdict
• Bally Sports' Ch. 11 Fight May Strike Out Local Cable
• UK Litigation Roundup: Here's What You Missed In London
• Calif. Biofuel Plant Blames Ch. 11 On Garbage Shortfall
• Bang Energy Drink Co. Says Ex-CEO Jeopardizing Ch. 11 Sale
• Serta Simmons Says 2020 Deal Staved Off Ch. 11 For Years
• Voyager Investor Attys Fight Mark Cuban's Sanctions Bid
• Hess Corp. To Pay $106M In Ch. 11 To Cure Asbestos Claims
• Judge Allows New Evidence In Argentine Energy Case
• Celsius To Convert Assets To Fahrenheit In Ch. 11 Sale
• Shkreli Cos. Bankruptcy Illustrates Novel Subchapter V Trend
• FTX Investor Suits Belong In Fla., Boies Tells JPML
• Cineworld Expects To Conclude Chapter 11 In July
• Ga. Panel Says Moe's Franchise Too Late On Malpractice Suit
• FTX Server Dunks Suits On Shaq At Miami Heat Game
• 50 Cent Appeals Bankruptcy Judge's Fee Award To Reed Smith
• Payment Tech Co. Plastiq Hits Ch. 11, Citing SVB Collapse
• Troubled Hotel Properties On Shaky Ground As Debt Matures
• Virgin Orbit Cleared For $33M In Asset Sales
• On Deck In JPML: FTX, Cheer Abuse, T-Mobile
• MLB Commissioner To Testify In Bally Sports Ch. 11 TV Fight
• Insurer Urges 9th Circ. To Toss Ex-NS8 Legal Chief's Appeal
• American Virtual Cloud Gets OK For Ch. 11 Liquidation
• Telecom Contractor Qualtek Hits Ch. 11 With Debt Swap Plan
• Epiq Slams Clergy Victims' 'Second Bite At The Apple' Filing
• Chinese Exile, Wife Say Ch. 11 Trustee's Probe Going Too Far
• BlockFi Must Transfer Money Used For $575M Scam, Feds Say
• Helium Extraction Co. Hits Ch. 11 With $50M Of Debt
• Purdue Approved For OTC Biz Sale As Ch. 11 Case Drags On
• Florida Firm Looks To Ax Claim In Student Debtors' Suit
• Debt Limit Suit Races To Hearing As 'Catastrophe' Looms
• A Lawyer's Guide To Approaching Digital Assets In Discovery
• Insurance Distributor Benefytt Hits Ch. 11 With $606M Debt
• BlockFi Says It Acted 'Prematurely' Courting Creditor Votes
• First Citizens Slaps HSBC With $1B SVB Trade Secrets Suit
• 3M CEO Needed For 'Critical' Earplug Mediation
• High Court's Ethics Statement Places Justices Above The Law
• Credito Real Has Noteholder Deal To End Bankruptcy Cases
• High Court Won't Review Ch. 11 'Solvent Debtor' Fight
• Bankruptcy Ruling Guides Secured Lenders On Proxy Rights
• Justices Stay Out Of PG&E Post-Ch. 11 Interest Rate Row
• Bankrupt IEH Auto Parts Sells After Last-Minute Buyer Switch
• HNA Told To Give Holder Of Chicago Tower, NY Center To LLC
• Judge Wants InfoWars Ch. 11 Mediation Wrapped Up By July
• Del. Court Rejects Tricida's Ch. 11 Plan, Citing Unfair Opt-Outs
• MatlinPatterson Reaches Deal For Ch. 11 Liquidation Plan
• Saudi Prince Again Denied Bid To Dodge $817M Debt
• Time For Law Schools To Rethink Unsung Role Of Adjuncts
• Ch. 13 Ruling Issues Warning To Mortgage Servicers
• Eversheds Adds Finance Atty In NY From Lowenstein
• Judge Greenlights Liquidation Of Crypto Lender Voyager
• Feds Grilled On Bank Oversight 'Failures,' First Republic Deal
• US Trustee Says Consultant Can't Bid In David's Bridal Ch. 11
• MatlinPatterson Liquidation Held Up By Settlement Snag
• Tuesday Morning's Cash Collateral Use Request Irks Lender
• Investors Ink $2.5M Deal With Troubled Autonomous Truck Co.
• Duane Morris Adds Moses & Singer Bankruptcy Partner In NY
• Alameda Research Sues In FTX's Ch. 11 To Claw Back $490M
• Exiled Billionaire's Ch. 11 Trustee Seeks Jet Sale Proceeds
• First Republic's Ex-CEO Says 'Everything Changed' After SVB
• Virgin Orbit Seeks OK For $17M Stalking Horse Aircraft Bid
• Videoconferencing Co. LifeSize Hits Ch. 11, Gets Loan OK
• Releases Tangle Pet Store Chain's Ch. 11 Plan Disclosures
• Celsius Says Ch. 11 Auction Producing Competitive Bids
• SEC Seeks Stronger Rules Governing Clearing Agency Risks
• Good Faith Buyer Lessons From 5th Circ. Bankruptcy Ruling
• FDIC Ordered To Hand Over SVB Parent's Tax Refund Checks
• $30M Debt Suit Stayed As Detroit Hotel Goes On Sale
• Tips For In-House Legal Leaders In A Challenging Economy
• Ex-Platinum Execs Say Black Elk Bond Loss Isn't On Them
• Vice Media Told To Talk Out Ch. 11 Loan Objections
• Fed Official Defends Call For More Regs Over GOP Resistance
• 'Really Dumb Move': Sens. Rake Ex-SVB Chief Over Coals
• Monitronics Gets OK For $399M Ch. 11 Finance Deal
• J&J's $8.9B Talc Deal Includes $400M To 6 States
• Kidde-Fenwal To Seek Ch. 11 Sale Over Chemical Suit Claims
• How Cities Can Tackle Post-Pandemic Budgeting Dilemmas
• J&J Talc Unit Can Pursue Ch. 11 Plan During Dismissal Fight
• Mark Cuban Seeks Sanctions In Voyager Investor Suit
• Pollution Suits Send Kidde-Fenwal Into Ch. 11
• SVB's Former CEO 'Truly Sorry,' Ex-Signature Execs Dismayed
• Serta Simmons Defends 2020 Transaction In Ch. 11 Plan Trial
• Home Security Co. Hits Ch. 11 With $794M Debt-Swap Plan
• Catching Up With Delaware's Chancery Court
• Debtor Linked To Billionaire Says AIG Tried To Cancel Policies
• KKR-Backed Envision Healthcare Hits Ch. 11 Bankruptcy
• Judge Keeps Pause In Place For Pa. Sewage Plant Sale
• What Associates Need To Know Before Switching Law Firms
• Vice Media Group Hits Ch. 11 With Credit Bid From Lenders
• Paul Hastings Hires M&A Pro In NY From Willkie Farr
• Insys Trustee Says Court Should Halt Insurance Coverage Suit
• Investors Say Ex-FTX Official Bolsters Case Against Celebs
• Fed Official Balks At 'Radical Reform' Of Bank Rules After SVB
• Shaq Couldn't Be Served Via DM, But Plenty Of Others Can
• Former Fugitive Radio Station Owner Must Pay $2M In IP Suit
• Amid Recent Wins, SEC Crypto Authority Is Strong — For Now
• Talc Victims Seek Right To Sue J&J Over Voided Funding Deal
• Hertz Stockholder Sues In Del. Over Controllers' Free Ride
• SVB Parent Says FDIC Has No Right To Hold Tax Refunds
• A Case For Sharing Mediation Statements With Counterparties
• Lawmakers Spar Over Blame, Legislation After Bank Failures
• Investor Attys Get $8.9M Award In Credit Suisse Settlement
• Lender Group Blasts Serta Simmons Ch. 11 Plan
• Tackling Long-Tail Legacy Liability Risk: A Defendant's Toolkit
• Phoenix Services OK'd To Seek Votes On Debt-Swap Plan
• US Courts End Pandemic-Era Remote Access
• Celebs Push To Exit FTX Investors' Suit Over Paid Promos
• Chinese Exile's Yacht Can Be Moved To RI For Ch. 11 Sale
• Live Well CFO Avoids Prison After 'Exceptional' Cooperation
• Deals Rumor Mill: Saudi Aramco, Alibaba, Meta
• BlockFi's Account Transfer Cutoff Upheld In Ch. 11 Case
• Puerto Rico's Immunity Covers Oversight Board, Justices Say
• House Panel Urged To Consider FDIC Coverage Expansion
• Judge Rejects Former Execs' Bid To Dismiss AIG Unit's Ch. 11
• Bankrupt CineMedia Disclosure Statement Conditionally OK'd
• NY Diocese Refuses Priority Claim For Retirement Home
• Mattress Importer To Edit Suit After 10th Circ.'s Bid For Clarity
• Pratt & Whitney To Resist Indian Airline's Arbitral Award Push
• Suns' TV Deal Broke Bally Sports Ch. 11 Stay, Judge Rules
• Colo. Bankruptcy Ruling Clarifies Debt Collection Rules
• Wells Fargo Wins Fla. Ruling Nixing Fees For Bankrupt Firm
• Preparing For Legal Scrutiny Of Data Retention Policies
• Produce Co. Says Canadian Bankruptcy Blocks $1.3M Suit
• Icahn Reveals Federal Probe Following Short Seller's Report
• Bittrex Gets OK For Bitcoin Loan To Fund Chapter 11 Case
• Convicted 'Pharma Bro' Shkreli's Companies File For Ch. 11
• Tribunal Rejects €647M Claim Over Banco Popular's Demise
• Epiq Says Church Abuse Class Action Case Lacks Standing
• Wash. Justices Doubt Attorney Fees For Pre-Suit Conduct
• Financial Industry Shreds SEC's Adviser Custody Proposal
• Digital Currency Group Seeking To Refinance Genesis Debt
• How Companies Should Prepare For Debt Ceiling Impasse
• Latam Asks Top Court To Deny Bankruptcy Interest Claims
• Mattress Makers Say Importer Not Playing Ball After Remand
• FTX Proceedings Highlight D&O Issues Amid Bankruptcy
• Echoes Of '80s Thrift Crisis Are Present In Today's Bank Woes
• Christmas Tree Shops Aiming For August Ch. 11 Exit
• 3rd Circ. Says J&J Talc Unit's Ch. 11 Should Proceed
• FTX Founder Launches Volley Of Defenses In Criminal Case
• Shaq Says FTX Server Threw Lawsuit Notice At His Car
• 9th Circ. Says Roscoe's Creditor Can't Mess With Trustee Fee
• Private Equity Firm Flags 'Deceptive' Move In $500M Del. Suit
• Talc Co. Tells 3rd Circ. Ch. 11 Mandamus Writ Is Premature
• Judge Tells Cooley, Carstens & Cahoon To Chill In IP Fee Row
• SVB Collapse Blamed For Default In $2.5M Settlement
• Crypto Platform Bittrex Hits Ch. 11 As It Exits United States
• Calif. Agency Eyes Bank Oversight 'Enhancements' After SVB
• NBA's Suns Says TV Deal With Bankrupt Bally Sports Expired
• Calif. Atty's ADA Suit Against State Bar Facing Uphill Battle
• Core Scientific Objects To Celsius' $4.7M Ch. 11 Claim
• BlockFi Customers Dispute Account Transfer Cutoff
• Insurer Takes Ch. 11 Asbestos Trust Challenge To High Court
• Attorneys Should Have An Ethical Duty To Advance DEI
• Catching Up With Delaware's Chancery Court
• Trustee Can't DQ Debevoise In $250M Bond Fraud Case
• Chicago's Newest District Judge Lauded As Sharp Addition
• PG&E Investors, Fire Victims Spar Over Insurance At 9th Circ.
• Tuesday Morning Corp. Creditors Request Financial Probe
• Christmas Tree Shops Hits Ch. 11, Will Close 10 Stores
• BofA Trying To Hide Ball, TelexFree Investors Say
• SVB Collapse Reinvigorates Bank Accounting Debate
• Data-Driven Insights Are Key To Attracting Today's Clients
• Large Hardee's Franchisee Hits Ch. 11 With Plan To Sell
• Warren Blasts First Republic Execs For Bonuses, Stock Sales
• $3.1M Hurricane Ida Damage Suit Sent To Bankruptcy Court
• Lannett Seeking Fast Run Through $600M Reorg
• Court OKs Sale Of FTX's LedgerX Biz To Miami Exchange Co.
• FTX Wants $4B Payment Back From Bankrupt Lender Genesis
• Senate Confirms District Court Picks For Illinois, Idaho
• Planning For A Potential Dodd-Frank Revamp Post-SVB
• Feds Charge Attys In Foreclosure Fraud Scheme
• Receiver Throws In Towel On Reinsurer Scottish Re's Rehab
• 3rd Circ. Axes Dutch Appeal In MD Helicopters' Ch. 11 Sale
• Dismissal Motion Hearing Set For June In J&J Talc Ch. 11
• Ex-CEO Of Bankrupt Crypto Lender Slams NY AG Fraud Claims
• Ex-NC Bankruptcy Court Worker Pleads Guilty To Fraud
• Judge Wants Explanation For Stalled Puerto Rico Debt Talks
• Maxus Gets OK For $573M Settlement In $14B YPF Fight
• Anadarko Wins BVI Court Order In $7M Chinese Tax Fight
• Diamond Sports Tries To Stop New TV Deal For Suns, Mercury
• Bahraini Bank Says No US Jurisdiction In Ch. 11 Row
• Ghosting In BigLaw: Why Better Feedback Habits Are Needed
• Generic Drugmaker Lannett Hits Ch. 11 With $700M In Debt
• Icahn-Owned Auto Parts Co. Gets $75M DIP Financing
• Fla. Judge Reopens Mediation Talks In 3M Earplug MDL
• Crypto Influencer Can Be Served By Tweet In FTX Investor Suit
• Bondholders Can't Sue Argentina Over $35M Default
• Voyager Crypto Investor Suit Resumes in Fla. After Pause
• Talc Claimants Ask 3rd Circ. To End J&J Unit's New Ch. 11
• Cineworld Strikes Deal With Lenders On $800M Exit Backstop
• Foxconn Defends Halting Of $170M Lordstown Investment
• Cruise Software Co. Gets OK To Tap $2M In Ch. 11 Financing
• Private Equity Firm, Steel Co. Say Fraud Suit 'Ignores Reality'
• Data Center Co. Moving Forward With Ch. 11 Debt Swap
• Tips For Negotiating With A Swap Dealer In Distress
• 5th Circ. Mulls Standing In Highland Capital Ch. 11 Suits
• FDIC Suggests Targeted Insurance Reform Amid Bank Failures
• DC Circ. Asks What's Wrong With Endo-Impax Deal
• Drugmaker Lannett Strikes Deal On $511M Debt Restructure
• SVB Collapse Underscores Policy And Regulatory Pitfalls
• Virgin Orbit Reaches Deal On Ch. 11 Loan, Sale Timeline
• 3M Pushes Back At Vets' Mediation Bid In Faulty Earplug MDL
• Clark Hill Makes $499K Deal With Indicted Chinese Billionaire
• Law Needs A Balance Between Humanism And Formalism
• Cruise Software Co. Hits Ch. 11 After Patent Loss To Carnival
• JPMorgan Buys First Republic Assets After FDIC Takeover