Bankruptcy Archive » June, 2023

Bankruptcy - June, 2023

248 articles

• Biden Airs Plan B After Justices Nix $430B Student Debt Relief
• Texas Home Decor Wholesaler Confirms Ch. 11 Plan
• Reed Smith Wins Legal Fees, Malpractice Row With 50 Cent
• Talc Claimants Call J&J Unit's 2nd Ch. 11 A Tort Dodge
• Justices Rule Free Speech Law Does Not Apply In Astros Suit
• IMedia Brands Gets 2 Weeks Of Cash, Vows To Seek DIP
• Appellate Funding Disclosure: No Mandate Is Right Choice
• Rising Star: Weil's Andriana Georgallas
• Supreme Court Blocks Biden Student Debt Plan
• Christmas Tree Shops Gets Supplemental DIP After Default
• Sullivan & Cromwell Seeks Pause In NY Suit Over $56M Award
• Pet Chain Gets Ch. 11 Plan OK'd With Warning On Releases
• NJ Retailer Tentative Winner Of Buy Buy Baby IP Auction
• Judge Set To OK Alex Jones Sandy Hook Ch. 11 Deal
• SVB Financial Approved For Ch. 11 Sale Of Securities Arm
• Texas Hospital Gets Ch. 11 Loan As It Heads For Sale
• Rising Star: Saul Ewing's Monique B. DiSabatino
• IMedia Brands Hits Ch. 11 In Del. With $129M In Debt
• J&J Took Initiative On 2019 Talc Recall, Jury Hears
• JPMorgan Faces Subpoena In Diamond Sports Bankruptcy
• Judge Won't Undo $240M Bed Bath & Beyond Ch. 11 Loan
• Celsius Bankruptcy Judge Wants SEC Opinion On Token
• Peer Street Gets OK To Tap Cash For Ch. 11 Mortgage Sale
• Foxconn Pokes Back At Lordstown's Del. Ch. 11 Grievances
• Cineworld's Plan To Cut $4B In Debt In Ch. 11 Confirmed
• Retired NY Judge To Oversee FTX-Voyager Ch. 11 Mediation
• BlockFi Customers Want Crypto Lender Liquidated
• Senior Attorney Helped FTX Founder Misuse Funds, Suit Says
• Atty Shanks Shot To Toss Golf Course Malpractice Suit
• Ch. 11 Judge Approves $23M Sale Of Chinese Exile's Yacht
• Rising Star: Debevoise's Erica Weisgerber
• Celsius Looks To Dodge Trial With $25M Creditor Settlement
• Superpriority Row Ensnares Home Decor Wholesaler's Ch. 11
• Ill. Atty Who Helped Hide Bankruptcy Assets Gets 3 Years
• McDonald's Franchisee Sex-Assault Suit Back In State Court
• Bankman-Fried's Bid To Toss Charges 'Meritless,' Judge Says
• Detroit Pension Fund Can't Force Steeper Payments
• 3M Asks 11th Circ. To Lift Injunction In Ch. 11 Case
• 10th Circ. Says US Can't Block Trustee's Recovery Of Taxes
• J&J Talc Unit Dismissal Trial Focuses On Funding Agreements
• Nev. Regulator Wants Crypto Custodian Put In Receivership
• Bed Bath & Beyond Gets OK For $21.5M IP Sale To Overstock
• LeClairRyan Judge 'Bothered' By Trustee Deal With Founder
• Puerto Rico Utility Bondholders' Claim Estimated At $2.4B
• Rising Star: Milbank's Nelly Almeida
• Interest Rates Drive Peer Street Into Ch. 11 In Delaware
• Lordstown Motors Hits Ch. 11, Launches Suit Against Foxconn
• BMO Harris Sees Ponzi Verdict Stick, Hit $1B With Interest
• Ex-Hertz CEO Wins Clawback Suit Over Accounting Errors
• 11th Circ. Orders Ch. 11 Trustee Fee Refund Post-Siegel
• National CineMedia Gets OK For Ch. 11 Debt-Swap Plan
• New FTX CEO Says $7B Recovered After SBF Mismanagement
• $2.3M USAA Totaled-Car Coverage Deal Gets OK
• Avenatti Creditor Bemoans 'Dumb' Decision To Block Jet Sale
• Monitronics Approved For Ch. 11 Plan Cutting $734M Of Debt
• Insys Founder Kapoor Released After 2 Years In Prison
• Shkreli-Linked Pharma Co. Strikes Deal Over Share Sale
• Justices Pass On Radio Station Sale Suit Against Bank
• Avoiding Negative Tax Consequences In Loan Modifications
• Mallinckrodt To Make Payments On $1.7B In Term Loans
• Debtor's Deceit Bars Botched-Bankruptcy Malpractice Claim
• CORRECTION: Prosecutors Want Girardi Expert Excluded
• As Interest Rates Rise, So Do Liability Management Deals
• How Attys Can Avoid Exposing Their Firms To Cyberattacks
• 10 Years Of The 10 Biggest US Firms
• The Law360 400: Tracking The Largest US Law Firms
• A Need To Be Big: US Law Firms Kept Foot On Gas In 2022
• Rising Star: Ropes & Gray's Cristine Pirro Schwarzman
• 3 Justices Dissent In 'Hypothetical Jurisdiction' Denial
• SEC Says It Can Wait To Collect $30M BlockFi Penalty
• Fenwick Need Not Produce Docs In SBF Criminal Case
• Media Outlets To Appeal Shielding Of FTX Customer Names
• Texas Justices Rule Investors Not Liable For TPC Explosion
• Customers Take Airline Bankruptcy Merger Suit To High Court
• Benefits Co. Ex-CFO Gets 18 Months In $25M Tax Fraud Case
• What Purdue Ch. 11 Means For Future Of Third-Party Releases
• Virginia 'Rocket Docket' Slowdown Is Likely A Blip
• McMahon Can't Tap Out In Clawback Suit With Ex-XFL Exec
• Bally Sports' Parent Wants Out Of Diamondbacks TV Deal
• UK Litigation Roundup: Here's What You Missed In London
• Texas Justices Find ERCOT Immune In Winter Storm Suits
• Alameda Wants $700M Back From Ex-Clinton Aide's Firm
• Device 'Lockdown' Ordered in Bang Energy Co. Ch. 11
• IP Forecast: 2 Live Crew Seeks To Win Back Copyrights
• Assaulted Teen Fights A Bankrupt McDonald's Franchisee
• J&J Talc Unit's Ch. 11 Suit Injunction Extended To August
• 50 Cent's Liquor Co. Opposes Ex-Worker's Homestead Claim
• Vice Media Accepts $350M Purchase Offer From Lender Group
• Deals Rumor Mill: Adobe, Amazon, NBA's Washington Wizards
• Bed Bath & Beyond Gets OK For Overstock.com's $21.5M Bid
• US Trustee Opposes PGX Stalking Horse Bidder Demands
• Feds Seek Unredacted Girardi Mental Evaluation Report
• Boxed Reaches Deal Over Winston & Strawn SPAC Work
• Las Vegas Biofuel Plant Gets OK For $36.5M Ch. 11 Sale
• Alex Jones Wants Court-Rebuked Atty For Sandy Hook Appeal
• Fenwick Taps Gibson Dunn Amid Scrutiny Over FTX Work
• Rockport Steps Into $40.9M DIP Financing
• Kwok Daughter Sues Bankruptcy Judge To Vacate $68M Order
• Serta Simmons Ch. 11 Plan Can Proceed During Appeal
• Millennium Lab Trust Needs More Time For $1B JPMorgan Suit
• Conn. Diocese's Land Sale To Mohegan Tribe Gets Judge's OK
• FTX Examiner Says $200M In Fees 'Remarkable' But Justified
• Investors Say Disbarred Atty's Debt Firm Owes Over $128M
• Phoenix Services Gets Approval For Ch. 11 Debt Swap Plan
• An Investor's Road Map For Distressed Crypto Assets
• Kwok Trustee Seeks To Quash Subpoena On Yacht Sale
• Four Parties Vying For Proceeds Of Avenatti Jet Sale
• Virgin Orbit, Balking Unsecured Creditors Reach Ch. 11 Deal
• Silvergate Says It Had 'No Duty' To FTX Investors
• 4th Circ. OKs Ban On Asbestos Suits Against Georgia-Pacific
• 3M Urges Reversal Of $50M Faulty Earplug Bellwether Verdict
• Bankrupt Bittrex Wants SEC To Name Its Price
• Serta Simmons, Lenders Blast Ch. 11 Stay Motion
• Barnes & Thornburg Adds Restructuring Pro In Chicago
• LeClairRyan, Firm Founder Settle 'Last Partner' List Dispute
• 5 Management Tips To Keep Law Firm Merger Talks Moving
• High Court Skips Challenge To Mich. Tax Delinquency Law
• DeCurtis, Carnival Spar In Ch. 11 Over Software Contract
• AI-Focused Spinal Imaging Co. Hits Ch. 11 After Layoffs
• How Wash. Bankruptcy Amendments Will Aid Debtors
• Girardi Aims To Keep Redactions In Gov't Competency Report
• Law360 Names 2023's Top Attorneys Under 40
• PREPA Union Sues To Stop Power Plants Deal
• Icahn-Owned IEH Auto Heads To Ch. 11 Liquidation
• Pharma Co. Sues To Stop Sale Of Shkreli's Shares In Ch. 11
• Auto Mogul Is Trying To 'Gum Up' Trust Suit, Mich. Judge Says
• Judge OKs Cineworld Ad Deal, Rejects Equity Committee
• Purdue Seeks Ch. 11 Stay Extension To Implement Its Plan
• How Sandy Hook Families Got Their Day In Court
• Food Waste Recycler KDC Hits Ch. 11 In Del. With Sale Plans
• 2 Rulings Show How Electricity May Factor Into Bankruptcy
• UK Litigation Roundup: Here's What You Missed In London
• Airline SAS Extends Deadline For $900M Equity Raise
• D&D Publisher's IP Dispute Paused Amid Bankruptcy Filing
• Fla. Judge OKs $102M Ch. 11 Sale Of Banyan Cay Hotel
• Del. Judge Tosses $7.2B Deal Clawback Suit In Samson Ch. 11
• 3AC Reps Want Globetrotting Co-Founder Held In Contempt
• Genesis Global Says FTX Ch. 11 Claims Should Be Estimated
• New Conn. Law Gives Structure To Rent Receivers, Attys Say
• CineMedia Gets OK For New Advertising Contract With Regal
• The Texas Two-Step May Be Losing Steam
• Surfside Condo Probe Reveals Pool Deck's 'Severe' Problems
• Judge Skeptical Bankman-Fried Can Escape Latest Charges
• Mallinckrodt Skips Bond Interest Bill While Mulling Options
• The Road Ahead For Rite Aid And Other Troubled Retailers
• Bankruptcy Rules Apply To Tribes, Justices Say
• Rockport Limps Into Ch. 11 In Del. For Sale With $100M Debt
• Bannon Ally Ho Wan Kwok Loses Bid For Bail At 2nd Circ.
• Bankrupt Bed Bath & Beyond Gets Approval For $240M DIP
• 4th Circ. Lets Ch. 13 Debtors Use Mortgage To Figure Income
• 3M Unit Gets OK To Take Ch. 11 Dismissal Appeal To 7th Circ.
• BlockFi Says Conn. Banking Dept. Is Squeezing Ch. 11 Estate
• Sandy Hook Families Agree To Ch. 11 Plan Talks With Jones
• Rethinking In-Office Attendance For Associate Retention
• Bittrex Bankruptcy Order Highlights Creative Crypto Financing
• FTX Can Oppose Bankman-Fried's Bid For Fenwick Docs
• Voyager Says Customers Should Have Crypto By July 5
• Pot Company Receiver Seeks OK For Sale Of LA Licenses
• Trustee Says Paul Hastings May Pull Attys From Kwok Ch. 11
• Debt Firm's Failure Looks Like 'Systematic Fraud,' Judge Says
• Chester, Pa. Water Authority Customers Can't Form Committee
• TelexFree Victims Are Seeking Irrelevant Documents, PNC Says
• Instant Pot Maker Gets OK For $257.5M In Ch. 11 Financing
• Ch. 11 Dismissal Trial A Gating Issue In J&J Talc Unit Case
• Mediators Say Talks Have Stalled On Puerto Rico Utility Debt
• Vice Media Gets OK For $60M Ch. 11 Loan After Creditor Deal
• Trustee Draws NY Supreme Court Justice Into Kossoff Ch. 7
• Chancery Flags NY Jets Play For Fubo Gaming Receiver Order
• Kirkland Seeks $13M Fees In 3M Unit's Tossed Bankruptcy
• Creditors Push Conversion Of Lucky Bucks Parent Co. Ch. 11
• Instant Pot Maker Hits Ch. 11 With $132M Financing Deal
• Despite Its Plan Objections, UST Also Won In Purdue Ch. 11
• Calif. Bar Pledges Post-Girardi Access Rule For Closed Cases
• Girardi Competent To Stand Trial, Gov't Expert Says
• SBF's Potential 'Hail Mary' Trial Defense: Blame The Lawyers
• High Court Won't Hear Latam Interest Claims Case
• Murdaugh Trials Offer Law Firms Fraud Prevention Reminders
• GigaMonster Ch. 11 Creditors Claim Controller Squeeze-Out
• Autism Treatment Co. Files For Ch. 11 With Plan For Sale
• Chesapeake Can't Settle Class Actions In Bankruptcy Court
• 8th Circ. Says Firm Can't Break JPMorgan Deal In Ponzi Case
• Feds Push Back On SBF's Discovery Bid For Fenwick Docs
• Del. Judge Urges Mediation On Bahamas' FTX Ch. 11 Claims
• Creditors Accuse Alex Jones Affiliate Of Ducking Discovery
• Judge Tosses 3M Unit's Bankruptcy Case As Invalid
• Disbarred Atty Secretly Ran About 6 Law Firms, Trustee Says
• NY AG Says Ex-Crypto Lender CEO Didn't Dispute Fraud
• Post-Siegel Trustee Fee Rulings Further Debtor-Friendly Trend
• Lordstown Intends To Sue Foxconn Over Investment Battle
• Lucky Bucks Gambling Biz Hits Ch. 11 With $610M Debt
• Richard Branson's Virgin Orbit Can Advance Ch. 11 Plan
• NHL Player Gets Most Ch. 7 Debts Wiped Out
• Lannett Gets OK For $511M Debt-Swap Ch. 11 Plan
• SEC's Gensler Calls Out Binance, FTX As Crypto 'Hucksters'
• FTX Challenges Bahamian Court Jurisdiction In Ch. 11
• NRA's 'Irrelevant' NY AG Bias Defense Rejected Ahead Of Trial
• TelexFree Victims Cry Foul On Defense Atty's Exit Bid
• Calif. Debt Firm's Trustee Wants To Call In Accountants
• Indoor Produce-Grower Opens Ch. 11 In Delaware
• Bankrupt Bittrex Can Redact Customer Info, Del. Judge Says
• Credit Repair Giant Ducks CFPB's $3B Judgment Bid, For Now
• SiO2 Reaches Creditor Deal On Ch. 11 Plan Disclosures
• CFTC Wants Closer Look At Clearing Agency Failure Risks
• Ex-CEO Of Energy Drink Co. Says Biz Claimed His Assets
• Ex-Insys CEO Says Legal Fee Clawback Unsupported In Ch. 11
• US Bank Seeks Exit From $37M Kwok Ch. 11 Escrow Feud
• Carnival Asks To Resume Suit Against Cruise Software Co.
• Firm Tips For Helping New Lawyers Succeed Post-Pandemic
• Energy Co. Settles Malpractice Claims Against Cleary
• Kwok Trustee Says Daughter, Biz Interfered With $37M Escrow
• Catalog Retailer Closes In On $97M In Ch. 11 Sales
• Bannon Ally Guo Wengui Headed For 2024 $1B Fraud Trial
• Talc Claimants Object To Fee Deal For J&J Plan Supporters
• Credit Repair Co. PGX Can Access $12M In New Ch. 11 Loans
• Health Care Holding Co. Settles DOL Self-Dealing ERISA Suit
• AI-Focused Biotech Seeks Chapter 11 To Rework $9M Debt
• Ex-FTX Boss Rips Late Evidence As Clock Ticks Toward Trial
• Cyxtera Gets OK For $40M Ch. 11 Financing Draw
• FTX Investor Suits Centralized In Fla. Over Celeb Objections
• Mallinckrodt Considers New Bankruptcy Over Opioid Payment
• Shareholders, Regulators Urge Rejection Of Clovis Ch. 11 Plan
• Connecticut Cases To Watch: A Midyear Report
• Wells Fargo 'Stonewalled' Discovery, TelexFree Investors Say
• Tackling Judge-Shopping Concerns While Honoring Localism
• Cyxtera Technologies Hits Ch. 11 With $200M DIP Loan
• Genesis Global To Continue Plan Mediation In Ch. 11
• Businessman Gets Over 6 Years For $740M Crypto Con
• Credit Repair Giant PGX Hits Ch. 11 In Del. After $3B Claim
• Kwok Ch. 11 Trustee Disputes $76M Claim By Son's Co.
• Billionaire Car Dealer Offers $24M For Bankrupt Exile's Yacht
• FCC Says Yes To Windstream Bid For Majority Foreign Interest
• 2nd Circ. Perplexed At Lack Of Recusal In Platinum Case
• Lannett Reaches Deal With Creditor Committee In Ch. 11
• NewAge Ch. 11 Trustee Sues Directors, Officers In Del.
• ATM Maker Diebold Nixdorf Gets OK For $1.25B Ch. 11 Loan
• Asset Seizure Targets Offices Linked To Consumer Debt Firm
• How Attorneys Can Help Combat Anti-Asian Hate
• YouTuber Settles With FTX Investors, More Deals Expected
• Bankrupt Hemp Co. Can't Get Back Payments In Contract Row
• Congress Needs To Enact A Federal Anti-SLAPP Statute
• Sorrento Ends LA Times Owner's Drug Claims, For Now
• J&J Tells Jury 1970s Talc Findings Irrelevant Now
• Warren-Led Bank Clawback Bill Draws More GOP Support
• Bally Sports Must Pay Full TV Fees To MLB Teams In Ch. 11
• Aircraft Supply Chain Co. Incora Hits Ch. 11 With $3.1B Debt
• Another KKR-Backed Health Care Co. Files For Ch. 11
• ATM Maker Diebold Nixdorf Files Ch. 11 With $2.8B Debt
• As Subchapter V's Popularity Rises, So Do Its Boundaries