Bankruptcy Archive » October, 2023

Bankruptcy - October, 2023

318 articles

• US Trustee Cites 'Mistrust' In Vesttoo Ch. 7 Conversion Bid
• Colo. Nursing Home Exec Accused Of Siphoning Profits
• American Physician Partners Ch. 11 Confirmation Set For Dec.
• Del. Judge Denies Rockport Ch. 11 Deal As 'Sub Rosa' Plan
• Vegas Property Owner In $14M Loan Dispute Declares Ch. 11
• Weight Loss Drug Developer Files For Liquidation
• Lordstown Ch. 11 Disclosures OK'd Over Investor Objection
• A Timeline Of Stroock & Stroock's Descent
• Bankman-Fried Denies Pressuring Bahamian Pols As FTX Fell
• Judge OKs $13M In Fees In J&J Spinoff Ch. 11 Case
• Suspended NJ Atty Cops To ID Theft In Real Estate Scheme
• Munger Tolles Fights DQ Bid In GenapSys' Paul Hastings Suit
• Solar Tech Lender Hits Ch. 11 With Prepack Sale Plan
• COVERAGE RECAP: Day 16 Of Sam Bankman-Fried's Trial
• Coverage Suit Would Help Archdiocese's Ch. 11, Insurers Say
• Australian Patent Biz Files 2nd Appeal For Vidal
• Justices Not Interested In Long-Running Biofuel Ch. 11 Fight
• Celsius Makes Final Arguments For Ch. 11 Reorg Plan
• SBF Pummeled With Prior Statements On Cross-Examination
• Amazon Brand Buyer Benitago Gets OK To Use Cash In Ch. 11
• Claimants Demand That Jackson Walker Repay Fees In Ch. 11
• Why 7th Circ. Libel Ruling Is Crucial For The Media
• Bittrex Wins OK For Ch. 11 Plan That Pays Creditors In Full
• Tips For Litigating Against Pro Se Parties In Complex Disputes
• COVERAGE RECAP: Day 15 Of Sam Bankman-Fried's Trial
• Clergy Abuse Survivors Get OK For $6.5M Data Leak Deal
• NY Diocese Real Estate Deal OK'd, Netting $16M For Ch. 11
• Gemini Seeks $1.6B In Collateral From Genesis Loans
• Ex-Payroll Co. Owner Seeks 2 Years Max In $150M Scheme
• Minn. Battery Parts-Maker Water Gremlin Hits Ch. 11 In Del.
• 2nd Circ. Affirms Irish Developer's €18M Clawback Verdict
• Union To Ask 1st Circ. To Revive Suit Challenging Debt Cap
• Yellow Corp. Approved For Auctioneer Hire For Ch. 11 Sales
• $1.3M Jackson Walker Award Delayed By Judge Jones Fallout
• PGX Ch. 11 Plan To Be Heard Before WARN Act Suit Trial
• Bankman-Fried Attempts To Shift Blame In FTX Fraud Trial
• Aeromedical Co. Can Move Forward On 'Expeditious' Ch. 11
• Light Show Co. Gets US Recognition For $4M Asset Bid
• UK Litigation Roundup: Here's What You Missed In London
• COVERAGE RECAP: Day 14 Of Sam Bankman-Fried's Trial
• Amyris Creditor Claims Doerr Schemed To Seize IP
• SF Archdiocese Fights Ch. 11 Liquidation Of $160M Holdings
• Bankman-Fried Evasive In Preview Of Jury Testimony
• Pear Therapeutics Wants More Time To File Ch. 11 Plan
• IP Forecast: Bank's Buyers To Face Off In $1B Secrets Fight
• Judge Orders NC Insurance Mogul To Post $524M Bond
• Kasowitz Can't Represent Creditors In AmeriFirst Ch. 11
• Del. Judge Urged To OK New Kidde-Fenwal Ch. 11 Atty Fees
• McDermott Int'l Must Hand Over Docs In $1B Award Challenge
• Ex-Stimwave Director Wants Company To Pay His Legal Bills
• Rite Aid Gets Interim OK For Ch. 11 Deal With Meds Supplier
• Quanergy Wins More Time To File Ch. 11 Plan 
• 3 Cases Show Tensions Between Arbitration And Insolvency
• Chapter 11 Filings Rose 40% Last Year Through September
• Ex-Morgan Lewis Bankruptcy Atty Joins Locke Lord
• Air Ambulance Ch. 11s Show Dispute Program Must Resume
• COVERAGE RECAP: Day 13 Of Sam Bankman-Fried's Trial
• US Trustee Balks At 5% Breakup Fee In Zymergen Bid
• Ch. 7 Trustee Asks High Court To Hear Ponzi Clawback Case
• First Nations Group Asks High Court To Nix Sackler Releases
• Credit Repair Firm PGX Pushes For Ch. 11 Plan Approval
• Amyris Noteholders Tag Doerr In Ch. 11 Discovery Push
• IronNet Files Proposed Dual-Track Sale Process In Ch. 11
• Ex-Arizona AG Among Partner Trio Joining Boies Schiller
• Attys In Highland Capital Case Want Contempt Claim Tossed
• Pro Bono Work Is Powerful Self-Help For Attorneys
• Why Delaware ABCs Are No Longer As Easy As 1-2-3
• Bankman-Fried To Testify In 'Hail Mary' Trial Strategy
• Judge Orders Kwok Mansion Inventoried After Items 'Looted'
• Kristen Bell's Baby Co. Gets Interim OK For $47M DIP In Ch. 11
• Genesis Wins 2-Week Reprieve To File 'No Deal' Ch. 11 Plan
• AeroFarms Gets OK For Ch. 11 Plan After Trimming Releases
• Bed Bath & Beyond To Sell Lease To Hobby Lobby For $2.1M
• PGX Trying To Duck Layoff Claims, Ex-Worker Says
• Med-Tech Co. UpHealth And 6 Units Get OK For Joint Ch. 11
• Diamond Sports Cases Shed Light On Executory Contracts
• Playing In A Rock Cover Band Makes Me A Better Lawyer
• The Biggest Moments In Sam Bankman-Fried's Trial So Far
• FTX Gets OK To Keep Customer List Sealed
• Aeromedical Co. Whirls Into Ch. 11 To Cut $1.7B Of Debt
• FTX Seeks Records From Effective Altruism-Tied Org In Ch. 11
• NY Diocese Ch. 11 Agreement Elusive As Deadline Looms
• NC Insurance Mogul Seeks To Undo Liquidation Order
• Lenders Call For Shot At Writing Genesis' Ch. 11 Plan
• High Court Told Purdue's Ch. 11 Liability Waiver Is Legal
• Catching Up With Delaware's Chancery Court
• Suits Against Ex-Texas Bankruptcy Judge Moved From District
• The Pop Culture Docket: Judge Espinosa On 'Lincoln Lawyer'
• Lucky Bucks Parent Company Pivots To Ch. 7 Liquidation
• Brooklyn Atty Says Faegre Drinker Can't Pin Claims On Him
• Oncology Co. Akumin Hits Ch. 11 With Prepackaged Plan
• Kristen Bell's Hollywood Diaper Co. Hello Bello Hits Ch. 11
• Del. Judge Urged To Move AmeriFirst Ch. 11 To Arizona
• Pot Co. Founder Sues In Del. To Stop Wrigley-Backed Reorg
• SG Wants Ch. 11 Carve-Out Cases Stalled Until Purdue Ruling
• Investor Attys Get $3M For Deals With Aegean Marine Brass
• Masten Space Execs Crashed And Burned Co., Trustee Says
• Clergy Abuse Survivors Seek Final OK Of Data Leak Deal
• Z Gallerie Gets OK To Sell Inventory In Ch. 11
• Balancing Justice And Accountability In Opioid Bankruptcies
• UK Litigation Roundup: Here's What You Missed In London
• Get Caught Up: Top Stories From The Bankman-Fried Trial
• Jones Can't Use Bankruptcy To Dodge Sandy Hook Damages
• NS8 Shareholders Lose Early Win Bid In Ch. 11 Clawback Suit
• NRA Tells Justices AG's Probe Basis Needs More Inquiry
• Bankrupt Rite Aid's New Directors To Earn $50K Per Month
• Orbital Gets OK For Vote On Ch. 11 Liquidation Plan
• Ex-Highland Exec Can't Revive Suit, Del. Justices Rule
• Failed SPAC Files For Ch. 15 After Investor Class Action
• Proactive Measures While NY Foreclosure Law Is In Limbo
• NY AG Sues Crypto Cos. Over Gemini Earn Program 'Fraud'
• US Trustee Flags AeroFarms Releases In Ch. 11 Plan
• Mediators Say NY Diocese's Ch. 11 Plan Talks Deadlocked
• Ch. 7 Trustee Sues Execs For Cash Move Amid Asbestos Suits
• With Exit, Bankruptcy Judge May Escape Big Penalties
• Bankman-Fried Hid FTX Con From General Counsel, Jury Told
• Ex-Greenberg Traurig Bankruptcy Duo Joins Ballard Spahr
• Unearthing The Lesser-Known 'Buried Facts' Doctrine
• Newman Suspension Shows Need For Judicial Reform
• Rite Aid Cites 'Substantial Doubt' It Can Stay In Business
• COVERAGE RECAP: Day 12 Of Sam Bankman-Fried's Trial
• TelexFree Victims Want BofA Back In Case Over $3B Ponzi
• Trial Expert Says FTX Drained $9B Of Customer Funds
• Philly Suburb Officials Told To Ask State Court For Ch. 9 Fees
• Biden Administration Escapes Challenge To Debt Cap
• $224M Final Fees Awarded In Boy Scouts' Lengthy Ch. 11
• Sorrento Cleared For $20M JV Sale In Ch. 11 Case
• J&J Floats 3rd Bankruptcy For Talc Claims On Earnings Call
• Rite Aid Ch. 11 Shows NJ Is A Good Place To Go Bankrupt
• Dutch Insurer Wants To Ensure NC Insurance Mogul Pays Up
• Counsel For J&J Talc Unit Ch. 11 Committee Fight For Fees
• Lordstown OK'd For $10.2M Asset Sale To Ex-CEO In Ch. 11
• 9th Circ. Ruling Expands The Horizons Of Debt Discharge
• AgileThought Gets Interim Approval For $23M DIP
• COVERAGE RECAP: Day 11 Of Sam Bankman-Fried's Trial
• PG&E Investors Want Securities Claims Out Of Ch. 11 Court
• Bankman-Fried Atty Scores Points Quizzing 3rd Gov't Witness
• Yellow Corp. Pivots Strategy For Auctioning Trucks In Ch. 11
• Business Printing Co. Gets $50M DIP For Ch. 11 Debt-Cut Plan
• Paul Hastings Seeks $3.9M In Kwok Ch. 11 Fees And Costs
• Z Gallerie Blames Lingering COVID Effects For New Ch. 11
• Some FTX Customers Strike Deal For 90% Recovery In Ch. 11
• Snell & Wilmer Adds Condon Tobin Bankruptcy Pro In Dallas
• US Trustee Joins Call For Kasowitz DQ Amid AmeriFirst Ch. 11
• Buchanan Ingersoll Lands Chiesa Shahinian Bankruptcy Ace
• Rite Aid Inks Ch. 11 Deal With Key Medicine Supplier
• COVERAGE RECAP: Day 10 Of Sam Bankman-Fried's Trial
• US Says Lordstown Sale Can't Nix Truck Recall Liability
• Honigman Advises Tropics LP In Stalking-Horse Skymint Buy
• Judge Jones' Abrupt Exit Puts Major Ch. 11 Cases In Question
• Fla. Judge Bars Colo. Couple From Timeshare Exit Industry
• Buffalo Diocese Creditors Push For Insurance Info In Ch. 11
• SBF Spent On Celebs, Pols As Bankruptcy Loomed, Jury Told
• Bankrupt Fruit Grower Seeks Quick Ch. 11 As Cash Runs Low
• How And Why Your Firm Should Implement Fixed-Fee Billing
• Munger Tolles Faces DQ Bid In GenapSys' Paul Hastings Suit
• 3rd Circ. Shields Mining Co. Docs Pending Ch. 11 Appeal
• Business Printing Co. Hits Ch. 11 With $550M Debt-Cut Plan
• COVERAGE RECAP: Day 9 Of Sam Bankman-Fried's Trial
• Rite Aid Taps Into DIP Loans, Sets Fast Ch. 11 Sale Schedule
• How Church's Ch. 11 Bid Could Shut Out Abuse Victims
• DOJ Inks Settlement With Fla. Doc In Fentanyl Kickback Case
• Cancer Co. Seeks Ch. 7 Conversion Before Money Runs Out
• Pharma Co. RevitaLid Can Tap Part Of $17.5M Ch. 11 Funding
• Puerto Rico Business Group Calls PREPA Plan Unviable
• IronNet Approved For Ch. 11 Loan Without Roll-Up
• Stone Fruit Co. Prima Wawona Hits Ch. 11 With Over $1B Debt
• Rite Aid Says Higher Losses Expected In Late Financial Report
• SmileDirect Urges $5.25M Sale Of Corporate Jet In Ch. 11
• BlockFi Was Kept In Dark As FTX Fund Cratered, Jury Hears
• Texas Bankruptcy Judge Resigns Amid Ethics Probe
• Polsinelli Launches Special Situations Investing Team
• Judicial Independence Needs Defense Amid Political Threats
• High Court To Review Insurer's Asbestos Bankruptcy Row
• Bankman-Fried Notches Small Victories In Star Witness Cross
• UK Litigation Roundup: Here's What You Missed In London
• MVP: Sullivan & Cromwell's Andy Dietderich
• COVERAGE RECAP: Day 8 Of Sam Bankman-Fried's Trial
• Yellow Corp. Can't Transfer Teamsters Suit, Judge Says
• Sorrento Seeks Quick Timeline On Process For Ch. 11 Plan
• Ex-Stimwave CEO Can't Toss Fraud Indictment
• IronNet Cybersecurity Hits Ch. 11 In Del. Seeking Sale
• Bankman-Fried Atty Parries Star Witness As Feds Object
• IMedia Seeks Hearing To Confirm Ch. 11 Plan After Asset Sale
• FTC, CFTC Sue Ex-CEO Of Bankrupt Crypto Lender Voyager
• Camden Diocese May Push New Ch. 11 Plan Without Re-Solicit
• How Law Firms Can Use Account-Based Marketing Strategies
• Sandy Hook Families Fight Jones' $1.5M Salary Bid In Ch. 11
• Why Bankruptcy Is A Budding Alternative For Cannabis Cos.
• AmeriFirst Wants Kasowitz DQ'd As Ch. 11 Committee Counsel
• MLB Teams Say Time's Up For Bally Sports TV Deals Decision
• Leveraging Municipal Bonds For Green Energy Finance
• J&J Talc Unit Blasts $1.3M Ch. 11 Fee Claims By Talc Tort Firms
• RVL Pharma Units Hit Ch. 11 In Del. With Lender Handoff Plan
• COVERAGE RECAP: Day 7 Of Sam Bankman-Fried's Trial
• Bankrupt Drink Co. Ex-CEO Sanctioned Over Instagram Post
• Envision Healthcare Gets OK For Ch. 11 Reorganization Plans
• Amyris Junior Creditors Waived Ch. 11 DIP Lien Protection
• 'Sam Told Me To': Ellison Says Bankman-Fried Directed Theft
• Aequitas Exec Says Payback Bid Is 'Financial Death Penalty'
• Ch. 7 Debtor Fraudulently Passed Biz To Son, 7th Circ. Rules
• Strategic Succession Planning At Law Firms Is Crucial
• Bally Sports Parent Says DirecTV Can't Cut Payments
• U.S. Trustee Pans Lordstown Ch. 11 Opt-Out Releases
• Legal Software Co. Seeks Ch. 11 With $10M In Debt
• Sorrento To Sell JV Stake For $20M In 'Urgent' Bid For Cash
• Mich. AG In Contempt For Detroit Bankruptcy Docs Handling
• COVERAGE RECAP: Day 6 Of Sam Bankman-Fried's Trial
• Lifesize Inc. Seeks Approval To Convert Ch. 11 To Ch. 7
• FTX Investors Can't Pause MDL Against Celeb Endorsers
• Genesis Judge Approves $175M Settlement With FTX In Ch. 11
• Madoff Trustee's Claims Against End Recipients Survive
• Essar Steel Trustee Floats Settlement Of $60M In Lease Claims
• Kwok Ch. 11 Trustee Asks To Probe Accounts At 6 New Banks
• 3AC Bid To Consolidate Claims Falls Short In BlockFi Court
• How A 'Boxed In' Bankman-Fried Can Argue His Case
• Catching Up With Delaware's Chancery Court
• Bankman-Fried Dishonest From Day 1, Star Witness Tells Jury
• Diamond Sports Rejects College Basketball Deal In Ch. 11
• Western Global Seeks Ch. 11 Discovery Over $510M Stock Buy
• Justices Could Use Purdue To Resolve Related Circuit Split
• Mallinckrodt Gets OK For New Chapter 11 Plan
• McDermott Seeks US Recognition Of European Reorg Filings
• COVERAGE RECAP: Day 5 Of Sam Bankman-Fried's Trial
• AmeriFirst Financial Urges Court To OK Loan Portfolio Sales
• Oakland Diocese Creditors Want Insurer Discovery In Ch. 11
• Ropes & Gray Hires Restructuring Partner From Paul Hastings
• J&J Unit Wants To Slash $27M Fees For Talc Claim Lawyers
• Timeshare Co. Renews Injunction Bid In Contract Exit Suit
• Judge Morris Reflects On 20 Years Hearing Bankruptcy Cases
• Mitchell Gold Converts To Chapter 7 After Lenders Flee
• Lenders Say NY Hotel Lacks Detail On Migrant Housing Transition
• Pimco Seeks Halt To First Guaranty Whistleblower's Claims
• Ch. 7 Clawback Claims Against Gov't Contractor Kept Alive
• Bankman-Fried Posted Lie While Directing $8B Con, Jury Told
• Former Texas Atty Pleads Guilty To Bilking Clients
• IronNet Investors Sue In Chancery After $137M SPAC Flop
• UK Litigation Roundup: Here's What You Missed In London
• MVP: Sullivan & Cromwell's James Bromley
• COVERAGE RECAP: Day 4 Of Sam Bankman-Fried's Trial
• AgileThought To Continue DIP Talks With Bridge Financing
• 9th Circ. Grills Ex-NS8 Legal Head On Insurer Win Challenge
• Judge Orders Discovery In Syracuse Diocese Victim-Info Leak
• Crypto Biz Prime Core Clears Ch. 11 Disclosure Hurdle In Del.
• Federal Workers May Lack Standing On Debt Cap, Judge Hints
• Orbital Hands Assets To Pre-Ch. 11 Lenders For Credit Bids
• Boy Scouts' Ch. 11 Counsel Defend $148M In Fee Applications
• Feds' Long-Term Debt Proposal Could Be Costly For US Banks
• Mitchell Gold Teeters As Ch. 11 Financing Collapses
• HyLife Subsidiaries Get OK For Chapter 11 Plan
• 'I Love You, Sam': FTX Coder Recounts Struggle To Stay Loyal
• Mich. Firm Says Colo. Practice Owes Fee For Nassar Suits
• Feds Take Aim At FTX Jets As BlockFi Presses Ch. 11 Claims
• Bankruptcy Judge Who Handled Madoff Cases To Retire
• Maximizing Law Firm Profitability In Uncertain Times
• MVP: Paul Weiss' Alice Eaton
• Richards Layton Nixed As Debtor Counsel In Lordstown Ch. 11
• COVERAGE RECAP: Day 3 Of Sam Bankman-Fried's Trial
• Biden Cancels $9B In Student Debt After High Court Defeat
• Pillow Co. Wants To Pad Key Employee Pay In Ch. 11 Case
• Amyris Says $190M Ch. 11 Loan Should Get Senior Lien
• Western Global Airlines Gets Ch. 11 Disclosure Approved
• Mallinckrodt Says Ch. 11 Was Needed Due To Debt Maturities
• Dirt Bike Co. Gets OK For Ch. 11 Plan En Route To Liquidation
• Heritage Power Gets OK Of Ch. 11 Plan, $80M In Exit Financing
• Zymergen Files Liquidation Plan As Ch. 11 Case Begins In Del.
• NC Mogul Suspects 'Ulterior Motive' By Insurer In $524M Fight
• Atty Says Bankman-Fried's No 'Bad Guy' As FTX Trial Opens
• Luxe NYC Condo Developer Says Buyer Has Offered $95.8M
• MVP: Kramer Levin's Rachael Ringer
• Airline SAS Lands $1.1B Rescue Package With 5 Firms Involved
• COVERAGE RECAP: Day 2 Of Sam Bankman-Fried's Trial
• Girardi Keese Trustee's Negligence Claim Against Bank Axed
• Creditors Can Jump In On Bally Sports Owner's Ch. 11 Suit
• Judge Won't Hit Pause On Boy Scouts' Ch. 11 Plan
• TelexFree Victims Win Initial OK Of $95M TD Bank Deal
• Bridal Dressmaker JLM Couture Unveils Ch. 11 Case
• Long Before FTX, Criminal Cases Have Complicated Ch. 11
• Celsius CEO Defends Crypto Token Deal In Ch. 11 Plan
• Talc Miner Barretts Can Tap DIP Funds As It Seeks Ch. 11 Sale
• Instant Brands Gets OK For $351M Ch. 11 Sale To Centre Lane
• A Guilty Verdict For SBF Could Put FTX In Line For Restitution
• Seattle-Area Development Sold To Evade Investors, Suit Says
• RV Conversion Outfit Hits Ch. 11 After Vehicle Recall
• Bankman-Fried Declined Plea Talks, Feds Say Amid Jury Picks
• Meet The FTX Insiders Who Could Seal Bankman-Fried's Fate
• Brooks Bros. Ex-CEO Slams 'Bad Faith' Ch. 11 Theory
• USW Ruling Highlights Successor Liability In Bankruptcy Sale
• Bankman-Fried Sues Excess Insurer For Legal Costs
• MVP: Brown Rudnick's David Molton
• Biotech Co. Zymergen Hits Ch. 11 In Del. Eyeing Asset Sale
• Sullivan & Cromwell, Fenwick Draw Scrutiny In FTX Debacle
• COVERAGE RECAP: Day 1 Of Sam Bankman-Fried's Trial
• Sinclair Sports Networks Seek More Time To Pitch Ch. 11 Plan
• Rimon Joins Forces With NY-Based SilvermanAcampora
• NY Diocese's Creditors Can't Sue To Stop Insurer Deal
• Celsius Network Seeks OK For Ch. 11 Reorganization
• Judge Urges Trim Of Title Insurance Row Tied To Stolen Funds
• Shkreli-Tied Vyera Pharmaceuticals Gets Ch. 11 Plan OK
• 5th Circ. Ruling Reminds Attys That CBP Can Search Devices
• Bankrupt Fintech's Creditors Can Probe 'Fraudulent Scheme'
• Labor Suit Row Forces Dockworker Union Into Ch. 11 In Calif.
• Bankman-Fried Can't Blame Attys In Openings, Judge Says
• Meet The Attorneys Helming The Bankman-Fried Trial
• MVP: Akerman's Michael Goldberg
• FirstEnergy Derivative Suit Paused Over Objector's Appeal
• What Crypto Attys Will Be Watching During The SBF Trial
• Sam Bankman-Fried's Journey From FTX CEO To Trial
• Catching Up With Delaware's Chancery Court
• Morgan Lewis Adds Partner To Finance Team In New York
• Lordstown Gets $10M Bid From Ex-CEO In Ch. 11 Asset Sale
• In Bankman-Fried Criminal Trial, 'Intent Is Everything'
• Meet The 'Indefatigable' Judge Handling SBF's Criminal Case
• Minerals Technologies Puts Barretts Talc Unit Into Bankruptcy
• Justices Won't Hear Fight Over $11B American Airlines Deal
• Justices Won't Hear Bid To Overturn Windstream's Ch. 11 Plan
• SmileDirectClub Gets $30M Ch. 11 Loan Package
• Law360 MVP Awards Go To 171 Attys At 76 Firms