A bid by Google to buy data from defunct Spirit Airlines could signal the opening of a new frontier for monetizing assets in bankruptcy cases, but there are questions about how useful the data will actually be to a buyer — especially if too much personally identifiable information ends up being purged due to privacy concerns, experts told Law360.
The U.S. House of Representatives passed a bill to restore higher debt limits for streamlined bankruptcies, jewelry house Lugano Diamonds obtained confirmation of its Chapter 11 plan and a Texas bankruptcy judge said she would approve a settlement in Genesis Healthcare's insolvency case.
A Los Angeles hospital will seek continued use of cash collateral, a Texas bankruptcy judge will consider lease rejections in a Tex-Mex chain's Chapter 7 and another will hold a status conference in the bankruptcy of Dish.