Large Cap More

Del Monte Minority Lenders' Ch. 11 Direct Appeal Move Fails

A New Jersey bankruptcy judge denied a motion from minority secured lenders of fruit company Del Monte seeking certification for a direct appeal of the company's Chapter 11 plan confirmation order Thursday, sa... (more story)

Watchdog Says Trinseo's Ch. 11 Bank Extension Risks $55M

The U.S. Trustee's Office objected to a request from bankrupt plastics maker Trinseo PLC to extend the deadline by which it needs to comply with bank deposit requirements, saying the debtor is trying to run ou... (more story)

QVC Wins Approval Of $5B Ch. 11 Plan

A Texas bankruptcy judge has given the green light to home shopping company QVC Group's Chapter 11 plan to eliminate most of its $6.5 billion in debt, rejecting objections to the proposal, including a challeng... (more story)

Simpson Thacher 'Never' Explained Ill-Fated Deal, Exec Says

A founder seeking over $100 million from Simpson Thacher & Bartlett over a transaction he says destroyed his insurance services company testified Thursday the law firm provided him no education on various word... (more story)

Circuit-By-Circuit Guide To The US Supreme Court's Term

Federal appeals courts had wide-ranging successes and struggles during the U.S. Supreme Court's recently completed term: One had its best showing in years following its worst showing in years; one felt déjà vu... (more story)

'I Won't Be A Silent Jury,' Judge Says As SVB Trial Wraps

The California federal judge overseeing the bench trial on the Federal Deposit Insurance Corporation's claim that Silicon Valley Bank's officers mismanaged its assets before the bank's 2023 collapse told the t... (more story)

Dish Bankruptcy Puts Disney's Sling TV Suit On Hold

A New York federal judge has paused Disney's suit accusing Dish Network of improperly offering Sling TV to its subscribers, in order to allow Dish to resolve its bankruptcy issues in Texas, with the judge orde... (more story)

Judge Warns Of 'Bankruptcy Tourism' In NFE Ch. 15 Ruling

A New York bankruptcy judge has expressed concerns about "bankruptcy tourism" by U.S. companies that launch overseas insolvency cases then begin Chapter 15 proceedings stateside, saying in a ruling granting re... (more story)

Limetree Refinery Cos. Reach $35M Deal In Toxic Leak Action

Affiliates of the former operator of a U.S. Virgin Islands oil refinery have reached a $35 million settlement of proposed class action claims from local residents concerning water contamination from oil releas... (more story)

Simpson Thacher Put Co. Out Of Business, Fla. Jury Told

Simpson Thacher & Bartlett LLP put an insurance services company out of business with a poorly constructed private securities offering, the company's founder told a Florida state jury Wednesday in opening argu... (more story)

Mid Cap More

Zohar Trust Wins $2.4M In Lengthy Row With Lynn Tilton Firm

Distressed debt investor Lynn Tilton's Patriarch Partners must pay roughly $2.4 million to the litigation trust for a trio of collateralized loan funds she founded in the 2000s, a New York federal judge has ru... (more story)

Debt Burden, Cash Shortage Led LA Hospital To Hit Chapter 11

Financial strain from the COVID-19 pandemic, mounting debt and an acute liquidity crisis led Pacifica Hospital of the Valley, a 231-bed hospital in Los Angeles, to seek Chapter 11 protection in Delaware.

Mich. AG Says Solar Financing Scheme Hit 1,700 Consumers

Michigan's attorney general has accused Climax Solar, its owner and the seven financial institutions that financed consumer purchases of the company's home solar systems of participating in a widespread, solar... (more story)

American Signature Seeks OK To Sell Google Antitrust Claims

Bankrupt furniture retailer American Signature Inc. has asked a Delaware bankruptcy judge for permission to sell its potential antitrust claims against Google for about $5.76 million, arguing that converting a... (more story)

Telecom Infrastructure Biz Wins Ch. 11 Plan OK

A New York bankruptcy court Thursday approved the Chapter 11 plan of Excell Communications Inc., a telecommunications infrastructure developer, after the company's owner agreed to provide $1.3 million for unsecured creditors.

Mining Co. Creditors Say DIP Gives Windfall To Parent Group

Unsecured creditors of soda ash and borate mining company Searles Valley Minerals have urged a Delaware bankruptcy judge to reject the debtor's Chapter 11 financing motion, saying the debtor-in-possession fund... (more story)

Judge Tosses Former Texas Hospital Operator's Chapter 11

A Delaware bankruptcy judge on Wednesday threw out Sherman/Grayson Hospital LLC's Chapter 11 amid uncertainty over whether $17 million in administrative claims would be paid to avoid either conversion or dismissal.

Judge Says Washington City Filed Ch. 9 In Good Faith

A bankruptcy judge has ruled a small city in central Washington did not act in bad faith when it sought Chapter 9 protection after a dispute with a developer left it facing a $26 million judgment.

Pa. Jury Acquits Man Accused Of Threatening Judges

A Pennsylvania federal jury found Wednesday that a man accused of threatening to kill judges is not guilty.

New Jersey AG Targets Pa. Seller Of Ghost Gun Kits

In a bid to stop the flow of untraceable firearms into the Garden State, New Jersey Attorney General Jennifer Davenport announced Wednesday that her office sued a Pennsylvania man alleged to be one of the larg... (more story)

Expert Analysis

Being A Magician Makes Me A Better Lawyer

The skills I've developed as a lifelong magician have translated directly into tangible benefits in the courtroom ... (more story)

How State, Local Rules Are Expanding Debt Collection Reach

Consumer protection rules recently enacted by several states signal that the rules of debt collection are being re... (more story)

How Ch. 11 Debtors Can Stop MCA Receivables Raids

Approximately 42 merchant cash advance lenders are involved in the recently filed Chapter 11 bankruptcy of SIMAD H... (more story)