Byju's Defends Bid To Claw Back $1M Intro Fee In Ch. 11
The U.S. affiliate of education technology giant Byju's is fighting a motion to toss its lawsuit to claw back a more than $1 million payment to a financial firm, contending an ex-executive of that firm had ove... (more story)
Catching Up With New Bankruptcy Case Action
BFG Supply, a major distributor of horticultural products, filed for Chapter 11 with $100 million to $500 million in liabilities and plans to sell its assets. Houston-based Galindo Law Firm filed for bankruptc... (more story)
Spirit Data Sale To Google Draws Objection From Springshot
Software company Springshot Inc. has filed a limited objection to the $10 million sale of Spirit Aviation Holdings' business data to Google LLC for artificial intelligence training, saying some of the data bei... (more story)
2nd Circ. Says Nielsen Unbundling Order Starts Tuesday
The Second Circuit has declared that the preliminary injunction blocking Nielsen from making Cumulus Media buy its local offerings to gain access to its national radio ratings data will go into effect Tuesday.
Attys Ask Court To Toss Suit Alleging They Stole 1,000 Cases
Multiple attorneys asked a Texas federal court to toss claims that they conspired to hijack 1,000 cases filed by hurricane survivors who had hired and built cases with a different firm, claiming the firm that ... (more story)
EPA, States Defend Cleanup Deal In Talc Co. Whittaker Ch. 11
The government, joined by California and Montana, is defending a proposed settlement in former talc supplier Whittaker Clark's New Jersey Chapter 11 case, saying a group of personal injury creditors' objection... (more story)
US Trustee Wants Examiner In Hughes Satellite's Ch. 11
The U.S. Trustee's Office on Monday urged a Texas bankruptcy judge to appoint an examiner in the Chapter 11 case of Hughes Satellite Systems Corp., saying the debtor needs an independent official to look into ... (more story)
First Brands Judge Rejects Ch. 11 Plan, Swaps Case To Ch. 7
A Texas bankruptcy judge on Monday rejected First Brands Group's Chapter 11 plan and converted its case to a Chapter 7 liquidation, ruling that the company's bid to pay administrative creditors from the procee... (more story)
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court last week saw a wave of lawsuits involving corporate oversight, take-private deals, financing transactions, bankruptcy fallout, stockholder voting rights and disputes over control.
Ambipar Asks To Switch Restructuring Focus To Brazil
Brazilian conglomerate Ambipar Group on Friday asked a Texas bankruptcy judge to suspend the Chapter 11 bankruptcy of its Texas oilfield emergency response business and instead switch the focus of the case to ... (more story)