Bankruptcy Archive » September, 2023

Bankruptcy - September, 2023

228 articles

• Mitchell Gold's DIP Loan Won't Cover The Rent, Creditors Say
• FTX Customers Can't Hide Behind Law Firm, Trustee Argues
• Voyager Aviation Gets $801M Aircraft Fleet Sale Approved
• Pro Say: A Cheat Sheet For The New Supreme Court Term
• Centre Lane's $350M Bid Wins Instant Brands Ch. 11 Auction
• Avoiding The Ethical Pitfalls Of Crowdfunded Legal Fees
• Capstone Green Energy Gets OK For $30M In Ch. 11 Financing
• SEC Sues FTX Auditor For Violating Independence Rules
• Baltimore Archdiocese Hits Ch. 11 Facing Child Abuse Claims
• 'Administrative State' Attacks Soar To High Court Crescendo
• US Trustee Wants Tighter Caps On Fees In SF Diocese Ch. 11
• UK Litigation Roundup: Here's What You Missed In London
• Three Arrows Capital Co-Founder Arrested In Singapore
• Supreme Court To Hear US Trustee Fee Refund Dispute
• First-Time Advocates Dominate High Court's Fall Schedule
• 5 Supreme Court Cases To Watch This Fall
• Ch. 12 Ruling Is A Helpful Addition To Interest Rate Case Law
• Off Lease Creditors Get Last Chance To Keep Ch. 11 Funded
• Gemini Confirms $282M Withdrawal, Denies Winklevoss Link
• Foley & Lardner, Quinn Emanuel Clash Over LeClairRyan Fee
• Telecom Execs Fudged Revenue By $42M, Feds Charge
• Celsius Judge Questions Value Of Token Offer In Ch. 11 Plan
• Imerys Insurers Will Get Mediator For Ch. 11 Settlement Effort
• Headphone Maker Backed By Drake Hits Ch. 11 In Calif.
• Schulte Roth Forms Firmwide Special Situations Group
• Gas Turbine Maker Hits Ch. 11 Aiming To Emerge In 45 Days
• SBF Faces 'Long Sentence,' Could Be Flight Risk, Judge Says
• Aearo Earplug Attys Push $7M Fee Bid For Ch. 11 Dismissal
• Noteholders, Shareholders Call Mallinckrodt Ch. 11 Plan Unfair
• McDermott Units Must Answer Colombia's Asset Freeze Bid
• Pillow Co. Slashes Stalking Horse Fee That 'Shocked' Court
• Ex-Highland Exec Seeks Del. Justices' OK To Redo Complaint
• Surgalign Gets Texas Judge's OK For Ch. 11 Plan
• Cyxtera Gets Go-Ahead For Creditor Vote On Ch. 11 Plan
• WR Grace Seeks $2.6M Fee Refund From US Trustee
• Lawyers Filing Boy Scout Claims Must Add Personal Vow
• FTC Says Celsius Founders Can't 'Jettison' Its Crypto Suit
• NY Diocese Creditors Can Subpoena Insurer In Ch. 11
• BlockFi's Ch. 11 Plan Confirmed With Opt-Out Releases Intact
• Trustee Slams Kwok's 'Cynical' Appeal Of Protest Injunction
• Ch. 11 Lenders Are Flexing Their Muscles — At Their Own Risk
• MV Realty Files For Chapter 11 Amid Investigations
• Stanadyne Creditors Can Proceed With Ch. 11 Liquidation Plan
• Feds Say Race Played No Role In Charging Ozy Media Boss
• Judge OKs Fees For Talc Lawyers In J&J Unit's First Ch. 11
• Bittrex To Move Ahead On Ch. 11 With DOJ Objection Dropped
• Section 363 Ruling Lines Up With Avoidance Action Precedent
• The 2023 Law360 Pulse Social Impact Leaders
• Why Law Firm ESG Is Likely Here To Stay
• Platinum Co-Founder Gets Overvaluation Verdict Pared To $2.8M
• What Large Language Models Mean For Document Review
• Jail Is No Place To Prep For Trial, Bankman-Fried Tells Judge
• High Court Urged To Review Ch. 11 Trustee Fee Refund Trend
• Fresh Round Of Objections Hits Celsius Ch. 11 Plan
• Google Gets Bankrupt App's Antitrust Claims Tossed For Now
• Podcast Host Hit With SEC Suit Over 'Cash Flow' Scheme
• Camden Diocese Tweaks Ch. 11 Plan After Prior Denial
• Catching Up With Delaware's Chancery Court
• US Trustee Blasts $1M Expense Payment For Pegasus Bidder
• Kidde-Fenwal Defends Bid To Extend Ch. 11 Plan Deadline
• Participating In Living History Makes Me A Better Lawyer
• How Attys Can Weather The Next Disaster Litigation Crisis
• Pot Co.'s Ch. 11 Again OK'd Over US Trustee's Protest
• Judge Dismisses Catalog Retailer's Ch. 11 Case
• Kwok Operatives 'Materially Altering' NJ Mansion, Feds Claim
• Ill. Justices Disbar 3, Suspend 9 In Latest Disciplinary Order
• 'Woeful' Puerto Rico Dispute Fit For Congress, Judge Says
• EV Maker Says Richards Layton Can Represent It In Ch. 11
• Private Equity Owners Can Remedy Law Firms' Agency Issues
• Ch. 11 Trustee Flags Family Ties In $75M NYC Site Payout
• Firm Fights Sanctions In Georgia-Pacific Unit's Bankruptcy
• AgileThought Gets OK For November Ch. 11 Auction
• Bankman-Fried Will Stay In Jail Ahead Of Trial, 2nd Circ. Rules
• Pomerantz To Be Lead Counsel In Mallinckrodt Investor Suit
• FTX Opens New Ch. 11 Clawback Suit In Del. Seeking $157M
• Celsius Reaches Ch. 11 TRO Deal With Crypto Staking Firm
• Canadian Tribe Denied More Time To Appeal Purdue Injunction
• American Physician Partners Plots Quick Ch. 11 Wind Down
• Bankman-Fried's Expert Witnesses Rejected By Judge
• Judge Likely To Halt DOJ Quest For Ch. 11 BlockFi Seizure
• Proving Causation Is Key To Fairness And Justice
• Buffalo Diocese Creditors Seek Insurance Co. Records
• Potential WeWork Bankruptcy May Disrupt Coworking Spaces
• Skadden Nabs $19M Fee For 4 Months' Work On Endo Ch. 11
• Chancery Shoots Down Gun Co. Co-Owner's Deal Challenge
• Haynes Boone Brings On Troutman Pepper Litigator In Calif.
• Saul Ewing Adds Bankruptcy Pro From Bayard In Del.
• Deals Rumor Mill: Disney, Mallinckrodt, XFL-USFL
• Fla. Judge Denies Bid To Stop Subpoena In Banyan Cay Ch. 11
• 50 Cent's Ex-Liquor Boss Must Pay $7M Debt, Despite Ch. 7
• CFPB Won't Back Down From Student Loan Discharge Probe
• Mallinckrodt Gets Final OK For $250M Ch. 11 Financing
• BlockFi Whittles FTX Ch. 11 Claim From $5B To $500M
• Bittrex Drops Ch. 11 Bid For Sanctions Against Fla. Agency
• Celsius Approved To Pay Ch. 11 Fees For Employee Witnesses
• How To Protect Atty-Client Privilege While Using Generative AI
• Orbital Gets OK For $15M DIP, October Ch. 11 Auction
• What FERC-PJM Negotiations Mean For The Energy Industry
• Celsius Is In Settlement Talks On Ch. 11 TRO Changes
• J&J Defends Texas Two-Step Talc Gambit To Lawmakers
• Alex Jones Defends 'Lavish Lifestyle' Spending In Bankruptcy
• Steel Mogul Settles $48M Award Fight After 1st Day Of Trial
• How New Lawyers Can Leverage Feedback For Growth
• Chinese Developer Seeks US Recognition For $9B Reorg
• Prime Core Gets OK To Seal Customer Names In Ch. 11 Filings
• Bankman-Fried's Parents Profited Off FTX Fraud, Suit Claims
• COVID Test Maker Lucira Gets OK For Ch. 11 Liquidation
• 2nd Circ. Unlikely To Free Bankman-Fried After Diary Leak
• Circuit Rulings Confirm Ch. 11 Trustee Fee Refund Trend
• Medical Firm UpHealth Files For Ch. 11 After $31M Judgment
• American Physician Partners Hits Ch. 11 After Shutting Down
• Justices Urged To Block Return Of Ch. 11 Debtor's Refund
• Pensioners To Get Sale Docs In Albany Diocese Ch. 11 Case
• Steel Mogul Fights $48M Payment As Brazil Iron Trial Opens
• NFL QB And Influencers To Settle In FTX Collapse Suit
• Judge Says No 'Alarm Bells' Over $175M Genesis-FTX Deal
• Insolvent Catalog Retailer Nears Ch. 11 Dismissal
• Gemini Slams DCG For Gaslighting Genesis Creditors
• Weinstein Ch. 11 Trust Granted $1M US Trustee Fee Refund
• Silver Star REIT Subsidiary Can't Speed Up Bankruptcy Sales
• Bankrupt Envision Strikes Settlement To End Securities Suit
• Canadian Community Newspaper Chain Declares Insolvency
• TelexFree Victims Gave 'Incomplete' Docs, Wells Fargo Says
• Firm's Debt Collection Did Cause 'Slight' Harm, Judge Says
• Corporate Compliance Lessons From FirstEnergy Scandal
• Yellow Corp. Gets OK For Ch. 11 Financing, Asset Auctions
• UK Litigation Roundup: Here's What You Missed In London
• FTX Says BlockFi Trying To Dodge Claims In Ch. 11 Plan
• AppHarvest Gets Judge's OK On Ch. 11 Plan, Quick Closeout
• Firm's Bankruptcy Judge Skeptical Of Defense 'Histrionics'
• Highland Capital Seeks Contempt For Ex-Exec In Stalking Suit
• Amyris Fails To Get Final OK On $190M DIP Loan
• 4th Circ. Sinks Couple's Attempt To 'Manufacture' Jurisdiction
• Vyera Floats Rights Offering To Fix Ch. 11 Plan Objections
• Restructuring Concerns For Distressed De-SPACs
• NC Firm's Founder, Atty Deny Role In Missing Funds
• Payment Tech Co. Plastiq Gets OK On Ch. 11 Plan
• Twitter Legal Fees Suit Offers Crash Course In Billing Ethics
• Sport Drink Maker To Seek Ch. 15 After Canadian Filing
• Hartman REIT Opens Ch. 11 In Del. For $217M Debt Rework
• NC Furniture Co. Secures $8.5M DIP Over Bank Protests
• Carnival Pans DeCurtis Lenders' 'Far-Fetched' Stay Request
• Kirkland Lands $28M In Fees In Crypto Broker Voyager Ch. 11
• Prime Trust Parent's Sale Plan To Wrap Ch. 11 By December
• FTX Gets Go-Ahead To Sell $100M In Crypto A Week
• Kwok Ch. 11 Judge Says Criminal Court Should Rule On Stay
• Shkreli-Tied Pharma Co. Cleared For $650K Ch. 11 Sale
• Alpine Summit Gets OK For Final $3M Ch. 11 Loan Draw
• Sorrento OK'd For Alternative $110M Ch. 11 Stock Sale
• HNA Seeks 2nd Circ. Reversal Of $185M Award
• Bed Bath & Beyond Wins Ch. 11 Exit Plan Erasing Shares
• Bankman-Fried Can't Get Out Of Jail To Prep For Trial
• Boy Scouts Ch. 11 Trust Asks To Bar State Insurance Suit
• Retailer Soft Surroundings Gets $17M DIP For Quick Ch. 11
• Real Estate Rumors: Mohamed Hadid, Toro, Apollo Global
• Indian Co. Urges Fed. Circ. To Back Obviousness Of Oxy IP
• Creditors Say Purdue Appeal Won't Affect Conn. Diocese Ch. 11
• Fed. Courts To Offer Less Live Audio Access After COVID
• Former FTX GC Taps Crisis Experience To Build New Boutique
• Ex-BigLaw Partner Pleads Guilty To Lying In Own Ch. 11
• Furniture Retailer Noble Hits Ch. 11 With $85M Sale Offer
• SBF Cites 5th Amendment In Bid To Stall FTX Customers' Suit
• Latham, Quinn Emanuel Pressed For Docs In Antitrust Case
• Albany Diocese Creditors Seek Records Tied To $3.75B Sale
• Off Lease, Ally Bank Work On Deal For Cash Use In Ch. 11
• Voyager Reaches Post-Confirmation Intercompany Claim Deal
• FTX Sues To Claw Back $100M From Virgin Islands Firm
• DeCurtis Lenders Say Ch. 11 Software Order May 'Cost Lives'
• ABA's Money-Laundering Resolution Is A Balancing Act
• Doctor Wants J&J Unit's Libel Suit Over Talc Study Tossed
• NY Diocese Wants Atty Sanctioned For Violating Ch. 11 Stay
• Stanadyne Creditors File Ch. 11 Plan To Wrap Up Case
• Retailer Soft Surroundings Hits Ch. 11 With Store Closure Plan
• Judge Warns Ariz. Atty To Produce Documents In Taser IP Suit
• J&J Talc Unit Questions Distress Need In Ch. 11 Appeal
• FDIC Admits It Flubbed Some Of Its First Republic Oversight
• FDIC Asks Judge To Nix Venture Capitalist's Suit Against SVB
• Kwok Judge Hands Trustee $37M Escrow After Contract Feud
• Argentina Owes YPF Investors $16B, NY Judge Says
• Peer Street Sale Hits Snag Over Loan Participation Quandary
• Aequitas Ex-CEO Gets 14 Years For $300M Ponzi Scheme
• McDermott International Announces Debt Restructuring Deal
• With Equity Markets Down, Venture Lending Provides Solution
• Bankrupt Nova Wildcat Seeks Conversion To Ch. 7 Liquidation
• CFTC Lands $1.7B Settlement For Mirror Trading Bitcoin Case
• 'Nigerian Prince Scam' Sends Philly TV Station's Fate To FCC
• Williams Industrial Approved For Ch. 11 Sale To Stalking Horse
• Kwok Trustee Defends Yacht Sale In District Court Appeal
• Amyris To Pay Up To $750K In Creditor Group Atty Fees
• Split 9th Circ. Says Air Force IP Feud Belongs At Claims Court
• Used Car Chain Files Ch. 11 With $139M Debt, Shutdown Plan
• Law Firm Professional Development Steps To Thrive In AI Era
• NC Furniture Company Hits Ch. 11 With Over $10M In Debt
• Ex-3rd Circ. Judge Joins Blank Rome From Schnader Harrison
• Ex-FTX Exec Cops Plea, But Not Cooperating Against SBF
• Calif. Justice Doubts PG&E Can Be Liable For Blackouts
• SBF Can't Go Free While Appealing Detention, 2nd Circ. Says
• Calif. Lays Claim To Land Parcel In Venoco's Ch. 11 Sale
• Indoor Farming Co. AppHarvest OK'd For Ch. 11 Asset Sales
• Party City Gets Final OK For Ch. 11 Plan Slashing $1B In Debt
• Genesis Global Gets 30 More Days To File Ch. 11 Plan
• Pomerantz Seeks To Lead Mallinckrodt Investor Suit
• FTX Examiner Report OKs $111M In Professional Fees
• Judge 'Aghast' At Fee Accrual In Long Island Diocese Ch. 11
• Del. Ch. 11 Judge Tosses CarbonLite Trustee Clawback Claim
• DLA Piper Adds Ex-Gibson Dunn Atty As Bankruptcy Co-Lead
• Ruling Clarifies Bankruptcy Courts' Class Action Jurisdiction
• No Ch. 11 Trustee For Prison Medical Co., Texas Judge Rules
• Indicted Mogul Delaying Liquidation, NC Insurance Chief Says
• Wells Fargo Must Produce Docs in TelexFree Suit, Judge Says
• More Sale Info Needed To OK Luxe NYC Project's Ch. 11 Plan
• 'I'm Baffled,' Fed. Circ. Judge Tells Purdue Amid PTAB Appeal
• Proterra Sued For Allegedly Hiding Post-SPAC Merger Risks
• Puerto Rico Board Files Settlement With Electric Bond Holders
• Intelsat Asks To Reopen Ch. 11 After SES Claim Remand
• Bankman-Fried Jail Appeal 'Trivializes' Diary Leak, Feds Say
• Kwok Trustee Trashes 'Extraordinarily Prejudicial' Bid For Stay
• Chancery Upholds Part Of Indiana Steel Co.'s $7M Fraud Suit
• Genesis Creditors Call $175M FTX Deal A Bid To 'Buy Votes'
• LATAM Airline Creditors Claim Aircraft Auction Was Rigged
• PWM Closes Bankruptcy Sale Of Chicago Office Tower
• Chilean Power Co. Reaches Deal To Avoid Ch. 11 Dismissal
• Bankruptcy Court Bans Access To Kwok Mansion In NJ
• Best Practices For Lenders To Limit Recourse Liability
• 2nd Circ. Ruling Is Good For Syndicated Lending Stability
• Ch. 11 Claims Against Furniture Co. Directors Can Go To Trial
• Robinhood Buys Back $605M Of Seized Bankman-Fried Stock
• UK Litigation Roundup: Here's What You Missed In London