Bankruptcy Archive » July, 2023

Bankruptcy - July, 2023

216 articles

• Judge Won't Toss SEC's Terraform Suit, Rejects Ripple Ruling
• Shkreli-Tied Pharma Co. Clinches $650K Stalking Horse Bid
• 9th Circ. Says Ch. 13 Asset Increases Go To Ch. 7 Estate
• Credit Repair Co. Strikes Deal For Ch. 11 Loan, Sale Plan
• IMedia's Ch. 11 Sale Timeline May Be Too Short, Judge Says
• 6th Circ. Says ACA Charge A Tax, Not A Penalty, In Bankruptcy
• Crypto Cos. Genesis, FTX Reach Deal On Bankruptcy Claims
• An In-Depth Look At FDIC Reform Options After Bank Failures
• Insurer Seeks Out From Pending Ex-Girardi Atty Fraud Suit
• Aviation Part Supplier Hits Ch. 11 With $130M In Debt
• Cineworld Gets UK Court Nod For New Administrators
• Ripple Order Complicates Crypto Bankruptcies, Say Judges
• NY Youth Club Resolves Ch. 11 With $22M Abuse Claims Fund
• Feds Seek Atty DQ In $1B Fraud Case Involving Bannon Ally
• Nearly $200M Navient Student Loan Deal Gets Initial OK
• US Trustee Asks Supreme Court To Pause Purdue Ch. 11 Plan
• Syracuse Diocese To Pay $100M To End Sex Abuse Claims
• Virgin Orbit Ch. 11 Plan Approved With Trustee Fee Change
• 'Immersive' Exhibitor Files Del. Ch. 15 After Canada Filing
• J&J Again Fails To Get Talc Claims Handled In Bankruptcy
• 50 Cent Appeals Reed Smith Legal Fees And Malpractice Win
• 9th Circ. Nixes Long-Distance Remote-Testimony Subpoenas
• UK Litigation Roundup: Here's What You Missed In London
• Ch. 11 Ruling Informs On Social Media Ownership Rights
• Bed Bath & Beyond Gets Approval For Lease Sales
• Tuesday Morning To Liquidate After Reaching Creditor Deal
• Aircraft Leasing Co. Hits Ch. 11 With Billions In Debt, Sale Plan
• Beset Insurance Mogul Is Hiding Money, NC Court Told
• FTX Customers Say Crypto Banks Helped SBF Steal $8B
• IP Trial To Proceed Over $900M Claim Against Lordstown
• Del. Judge Calls For Fee Examiner In Kidde-Fenwal Ch. 11
• Fed Judge Blasts LeClairRyan Trustee Over 'Unseemly' Deal
• Lloyd's Asks 5th Circ. To Uphold Bad Cement Row Dismissal
• Girardi Can't Use Defense Atty As Competency Expert
• Mallory Gives Plaintiffs A Better Shot At Justice
• Rockport Gets Court Nod On Final $40.9M DIP Loan
• Liberty Tax Parent Files Ch. 15 As It Preps Sale
• Feds Drop Campaign Finance Charge Against Bankman-Fried
• Bankruptcy Judge Holds Ho Wan Kwok In Contempt Of Court
• Judge Should Have Recused In Platinum Case, 2nd Circ. Says
• Autism Treatment Center Gets OK For $48.5M Sale, Ch. 11 Plan
• Lifesize Inc. Gets Final Nod On $20M Ch. 11 Financing
• Trustee Targets Key Co. Kwok Used For Ch. 11 'Shell Games'
• Pro-Biz Groups Back Ban On Georgia-Pacific Asbestos Suits
• SVB Parent Floats $12.5M In Bonuses For Top Execs
• Girardi Keese Trustee Reaches $1.2M In Adversary Deals
• Womble Bond Adds Bankruptcy Partner Trio In NY
• Feds Say Bankman-Fried Should Be Jailed Ahead Of FTX Trial
• Effectual Relief Questions Linger After Section 363 Ruling
• Lincoln Power Gets Approval For $26M Ch. 11 Sale
• These Firms Have The Most Diverse Equity Partnerships
• 'What're You Fighting About?' Judge Asks Girardi Claimants
• Colo. Panel Probes Mining Co.'s Efforts Over $700K State Fine
• Virgin Orbit Floats $1.5M Deal With Laid-Off Workers In Ch. 11
• Insurers Ask 3rd Circ. To Modify Boy Scouts' Ch. 11 Plan
• Court Orders Valuation Of Ex-50 Cent Employee's Co. Shares
• Rockport Approved For $45M Sale Of Assets In Ch. 11
• Benefytt Creditors Raise Concerns Over Ch. 11 Releases
• Business Mogul's Appeal Threatens $2.1B Payout, Insurers Say
• Georgia-Pacific Asks 4th Circ. To Keep Asbestos Case Ruling
• Otterbourg Taps Ex-Deutsche Director As Securities Lead
• Celsius Founder Taps Defense Pro Mukasey For Fraud Case
• Law360's Diversity Snapshot: What You Need To Know
• Williams Industrial Services Gets OK For Ch. 11 Loans
• Biden And Yellen Say Debt Limit Deal Renders Suit Moot
• Failed Firm's Assets Sell For $84.5M Over US Trustee's Protest
• Student Loan Borrowers Strike $200M Relief Deal With Navient
• Insurer Deal Brings Rochester Diocese Abuse Trust To $126M
• Lucky Bucks Cleared For Ch. 11 Debt Swap Over Notes Issues
• Defunct Coal Co.'s Reps Want $6.5B Union Pension Suit Axed
• Epiq Strikes Deal With Conn. Abuse Survivors Over ID Release
• Blockchain Utopia Dream Fades Following Gemini Fraud Suit
• Industrial Services Co. Files Ch. 11 With $68M Debt, Sale Plans
• Bankman-Fried Says Giving Docs To NYT Was Free Speech
• Courts Can Overturn Deficient State Regulations, Too
• Bang Energy Ex-CEO Appeals To Get Social Media Back
• Tom Girardi Fights Uphill To Keep Atty Competency Expert
• Bed Bath & Beyond Plan Leaves Shareholders No Recovery
• Celsius Seeks OK To Settle Customer Fraud Claims
• Lifesize Final Ch. 11 Loan Approval Delayed Over Changes
• Kwok Daughter, Law Firm Appeal Sanctions In Ch. 11 Case
• Trustee To Take Over Estate In Molecular Dynamics Ch. 11
• Bankman-Fried Leaked Ex's Diary, Feds Say In Gag Order Bid
• Tales From The Trenches Of Remote Depositions
• FTX Wants Hundreds Of Millions Back From SBF, Other Execs
• FTX Trading Sues In Del. To Recoup Over $71M
• Terraform Says FTX Docs Are Crucial For Its SEC Defense
• Wash. Court Says Bankruptcy Doesn't Start Foreclosure Clock
• 5th Circ. Upholds Toss Of Fee Appeal in Highland Ch. 11 Case
• 3rd Circ. Decision Irrelevant To Hertz SEC Suit, 2nd Circ. Told
• Endo International Wins More Support For $6B Ch. 11 Sale
• Endo Pitches Deal With Distributors Over Ch. 11 Sale Plan
• Sorrento Asks For Stay Of Employment Suit Against CEO
• 3rd Circ. Takes Up Trustee Appeal Over FTX Ch. 11 Examiner
• Court OKs Sale Of Los Angeles Pot Co.'s Retail License
• Ex-50 Cent Liquor Worker Says New Ruling Backs Ch. 7 Case
• Landlord Says WeWork Owes Rent After Denver Office Closes
• Tide May Be Turning On Texas Two-Step Bankruptcy Strategy
• Judge Ponders Contempt For GTV Media As Ex-Dir. Testifies
• Ex-Nevada Bank CEO Named Receiver For Crypto Custodian
• ​​​​​​​J&J Owes $19M To Cancer Patient In Calif. Talc Trial
• Trustee Asks High Court To Wait On Petition For Fee Remedy
• Judge Says DIP Terms Too Harsh For Cancer Technology Co.
• Platinum Execs Did Not Cause Investor Losses, Judge Says
• MLB Takes Over TV Deal For A 2nd Bally Sports Team
• 7 Trials To Watch In The Second Half Of 2023
• Vice Bankruptcy Ruling Shows Contract Assignment Issues
• Talc Claimants' Rep. Slams 'Outrageous Antics' In DQ Bid
• Schnader Harrison Can't Escape Deadline Failure Suit
• SiO2 Gets Approval For $350M Debt Swap Ch. 11 Plan
• Erika Jayne Meets Face-To-Face With Girardi's Alleged Victims
• Kwok Judge Holds LLC In Civil Contempt After Subpoena Row
• Manhattan Youth Club Reaches $150K Claim Deal In Ch. 11
• 50 Cent's Liquor Co. Scores Default In $7M Debt Fight
• Cloud Data Center Approved For Ch. 11 Debt Swap Plan
• Student Loan Servicers Accused Of $1B Wrongful Collections
• BlockFi Knew FTX Was No Good, Creditors Allege
• Sorrento DIP Lender Opposes Short-Selling Settlement
• Ex-NS8 Legal Chief Urges 9th Circ. To Reverse Insurer's Win
• Feds Say Crypto Maven's Latest Con Merits Bail Revocation
• Alex Jones Podcast Co. Sues Supplement Supplier In Ch. 11
• Post-Pandemic Hospitality Trends To Watch At Midyear 2023
• Level Up Lawyers' Business Development With Gamification
• Puerto Rico Fiscal Board Says Deal Possible On Utility Bonds
• Brown Rudnick Exits Kwok Ch. 11 After Leaving Criminal Case
• UK Litigation Roundup: Here's What You Missed In London
• Health Co. Looks To Board For Damages Post-Ch. 7
• Alex Jones Asks For Approval Of Book Deals In Ch. 11
• Holmes, Kapoor Aided By Push To Curb Prison Time
• Long Island Diocese Abuse Claims Nixed By Boy Scout Ch. 11
• Mallory Ruling Leaves Personal Jurisdiction Deeply Unsettled
• Talc Claimants' Rep. Faces DQ Bid Over Dinner With J&J Atty
• 5th Circ. Backs Rancher In $8M Fight With Former In-Law Atty
• FTX Ch. 11 Estate Sues In Del. For $324M Deal Clawback
• Celsius Founder Indicted As Feds Ramp Up Crypto Offensive
• Catalog Retailer Approved For $85M Litigation Rights Sale
• ATM Maker Diebold Gets OK For $2.1B Ch. 11 Debt Swap
• Pillsbury's Fee Bid Slashed For 'Over-Lawyering'
• Ex-Platinum Execs Cleared Of 1 Count After High Court Ruling
• Despite Economic Ambiguity, Restructuring Still Strong In '23
• Boxed Gets OK For IP Sale, Liquidation Plan Vote
• Pryor Cashman Takes Over Fraud Case Of Bannon Ally Kwok
• Broker-Dealer Ladenburg Sues Client Over Unpaid M&A Fee
• 5 Ways Firms Can Rethink Office Design In A Hybrid World
• Judge Threatens Attys With Contempt In Kwok Ch. 11
• BlockFi Says Hong Kong-Based Lender Ran Off With $6M
• Judge May Set Timer For Long Island Diocese's Ch. 11
• Carnival Wants Bankrupt Software Co. Debt Treated As Equity
• Bed Bath & Beyond Gets Nod On $15M Baby Business IP Sale
• Creditors Want Christmas Tree Shops Converted To Ch. 7
• Judge Says Law Firm Sale May Lead To 'Illegal Operations'
• The Paper Towers: A Bizarre Tale From Girardi Keese's Demise
• Bar Score Is Best Hiring Metric Post-Affirmative Action
• J&J Could Have Saved Talc User In '90s, Jury Hears
• Mallinckrodt Hit With Investor Suit After Mulling 2nd Ch. 11
• GOP Reps Press Fed's Powell To Rev Up SVB Doc Hunt
• Future Claims Sticking Point In HONX Ch. 11 Plan Proposal
• Judge Tosses Ch. 13 Petition From 'Serial Filer' Travel CEO
• SVB Parent Demands FDIC Fork Over $1.9B Account Funds
• Baseball Bat Maker Wants Rival Stopped In IP Spat
• Debtors Say ACA Penalty Shouldn't Get Bankruptcy Priority
• Judge Asks If It's Time To End Long Island Diocese's Ch. 11
• Disgraced Firm's 'Alter Ego' Tapped To Buy Client Files
• Bed Bath & Beyond Nixes Auction, Wants Baby Biz Sale OK'd
• Long Island Diocese Wants Abuse Claims In Federal Court
• 50 Cent's Co. Seeks Default Win In $7M Feud With Ex-Worker
• LTL Again Takes Aim At Doctors Linking Talc To Mesothelioma
• Music Label Says It Owns 2 Live Crew Song Copyrights
• Gemini Brings Fraud Suit Against DCG Over Earn Program
• Videoconferencing Co. Lifesize Approved For Ch. 11 Sale
• 5 Strategies For Restructuring Underperforming CRE Loans
• Christmas Tree Ch. 11 Winds Down As Liquidation Proposed
• Stoel Rives Adds Another Perkins Coie Attorney
• Feds Seek To Ax Girardi Competency Expert
• Ghosting In BigLaw: How To Come Back From Lack Of Feedback
• UK Litigation Roundup: Here's What You Missed In London
• Judge Lets Ex-Platinum Exec's Conviction Stand, Amid Doubt
• Texas Oil Driller Plans Liquidation In Face Of $145M Debt
• Judge Urges Genesis, FTX To Keep Talking In $3B Claim Row
• Quinn Emanuel Escapes Energy Co.'s $250M Malpractice Suit
• Schottensteins Escape Cannabis Co.'s Delaware Claims
• FTX, SEC, 3AC Take Issue With BlockFi Bankruptcy Plan
• The Redemption Of 'Too Big To Fail' After SVB Collapse
• Bankrupt Debt Firm Faces Fight Over Client File Sale Proposal
• Full 4th Circ. Asked To Rethink Georgia-Pacific Asbestos Stay
• Texas Bankruptcy Ruling May Create Uncertainty For Sureties
• MediaMath Holdings Approved For Cash Use In Ch. 11
• Vermont Inks $16.5M Deal Over Jay Peak EB-5 Scheme
• US Trustee Questions Kwok-Connected Attys' Withdrawal Try
• Winklevoss Makes 'Final Offer' To DCG Over $1.4B Payment
• Sorrento Therapeutics Cleared For New $20M Loan In Ch. 11
• IMedia Gets OK For Ch. 11 Financing From Proposed Buyer
• Product Liability Cases To Watch: 2023 Midyear Report
• Steps To Success For Senior Associates
• SEC Crypto Settlements Run Contrary To Public Interest
• Student Loan Ruling Will Likely Fuel Debt Relief Scams
• Conn. Firm Sues Insurer For Coverage Of Malpractice Claim
• Wesco Aircraft Asks To Retain Quinn Emanuel In Ch. 11
• Georgia-Pacific Ruling Furthers Texas Two-Step Challenges
• Bankman-Fried's Encrypted Texts Complicate Criminal Case
• Lehman Should Pay $58M For Trial Fees, Insurer Says
• 3 Takeaways From The Supreme Court's Session
• Law360 Podcasts Untangle A Week Of Blockbuster Rulings
• Paul Hastings Accused Of Causing 'Demise' Of GenapSys
• The Funniest Moments Of The Supreme Court Term
• The Sharpest Dissents From The Supreme Court Term
• Jackson Debuts As Chattiest Justice
• Sorrento Therapeutics Seeks New $20M DIP Loan
• Bang Agrees To $362M Sale To Monster In Fla. Ch. 11
• Legal Profession Must Do More For Lawyers With Disabilities
• Girardi Fights To Keep Atty Expert For Competency Hearing
• Breaking Down The Vote: The High Court Term In Review
• The Firms That Won Big At The Supreme Court
• Rising Star: Jones Day's Genna Ghaul
• Ad Services Co. MediaMath Hits Ch. 11, Plans To Wind Down
• Tattooed Chef To Seek Asset Sale Through Ch. 11 Case