October 30, 2026
The Second Circuit denied Reed Smith LLP's emergency stay request to pause lower court decisions requiring it to turn over client files related to shipping company Eletson on Friday, saying in a succinct order the same day that the bid didn't meet requirements outlined by the U.S. Supreme Court.
October 28, 2026
A former executive at Eletson Gas urged a New York federal court to reverse an arrest warrant for contempt and a $726,000 judgment imposed on him, arguing he was never properly served and had ceased working at Eletson at the time of the alleged sanctionable conduct.
October 22, 2026
Reed Smith urged the Second Circuit in an emergency motion to pause lower court decisions requiring the firm to turn over client files related to shipping company Eletson, saying the courts have "presumed the outcome" of a bankruptcy appeal before scheduled December oral arguments.
October 01, 2026
The AI-powered health tech firm Survey Health wants out of its involuntary bankruptcy petition, saying the case was concocted by a backstabbing co-founder. Reed Smith LLP is arguing it should not have to turn over its client files for the former management of Eletson Holdings Inc. to new management. And Spirit Airlines' former workers continue to hold firm against the company's plans to sell a trove of operational data to Google.
September 16, 2026
A New York bankruptcy judge has ordered Reed Smith LLP and financial advisers to turn over records from Eletson Holdings Inc.'s Chapter 11 case to the reorganized shipping group and its new owners, finding the documents are not covered by a Second Circuit stay.
August 27, 2026
A New York bankruptcy judge installed a mediator in a condo board's case, a meal kit company asked for more time to file Chapter 11 plans without competition, and law firm Reed Smith LLP balked at an attempt to make it turn over documents in a reorganized shipping company's bankruptcy.
August 04, 2026
A New York bankruptcy court has preserved the claims brought by reorganized shipping business Eletson Holdings against its former shareholders and Reed Smith, which formerly represented the company and its onetime owners, in a case accusing the ex-shareholders of scheming to seize control of Eletson's assets in defiance of its Chapter 11 plan.
April 30, 2026
Former shareholders of Eletson Holdings on Thursday joined with their ex-Eletson counsel at Reed Smith to ask a New York bankruptcy judge to dismiss a suit claiming they had schemed to seize control of Eletson assets in defiance of the company's Chapter 11 plan.
April 27, 2026
Reed Smith LLP and two of its partners are facing a $262 million lawsuit in a long-running and bitter dispute over ownership of an international gas shipping company, as well as other issues that remain unresolved following the vacatur of an underlying $102 million arbitral award for fraud.
March 16, 2026
A New York bankruptcy judge approved arrests in Eletson Holdings' Chapter 11 case, another said Spirit Airlines can auction 20 aircraft with a $533 million stalking horse bid, and a judge in California ordered parties to go forward with competing plans in the Oakland diocese's insolvency proceeding.