Timeline Of FTX's Historic Bankruptcy
From the beginning, the bankruptcy of FTX seemed like it would go down in Chapter 11 history as among the most difficult to resolve. Atop a heap of new cryptocurrency companies, it unraveled quickly and dragged down other firms with it as the full scope of founder Sam Bankman-Fried's criminality was revealed.
The Story Behind Bargain Retailer Big Lots' Ch. 11 Case
Big Lots, like many other retailers, has faced both macroeconomic and industry-specific challenges in the wake of the COVID-19 pandemic, ultimately driving the company to Chapter 11 bankruptcy.
Meet The Attorneys Directing Dental Laser Co. Biolase's Ch. 11
Biolase Inc., which makes laser systems used by dentists, has retained teams from Potter Anderson & Corroon LLP and Pillsbury Winthrop Shaw Pittman LLP as it plans for a swift sale during its Chapter 11 case.
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Delaware firm Morris Nichols Arsht & Tunnell LLP announced Thursday that it had hired three attorneys who recently completed judicial clerkships.
Wheel manufacturer Accuride Corp. has filed for Chapter 11 protection in Delaware bankruptcy court with up to $1 billion of debt and an agreement to restructure its U.S. business, saying supply chain snarls an... (more story)
Electric-car manufacturer Fisker Inc. met strong resistance Wednesday as it argued for confirmation of its plan to liquidate through bankruptcy, with two federal agencies and a buyer of the company's vehicles ... (more story)
The parent company of Bally Sports-branded regional sports networks received approval Wednesday from a Texas bankruptcy judge for the disclosure statement tied to an amended Chapter 11 plan that will reorganize the business.
Four attorneys for associates of convicted fraudster Miles Guo in his Chapter 11 bankruptcy — whose law firm was sanctioned in the proceedings — have urged Connecticut's bankruptcy court to let them leave the ... (more story)
FTX customers dismissed Sullivan & Cromwell LLP from ongoing multidistrict litigation over the crypto exchange's collapse on Wednesday, after an investigation by the customers' counsel into the firm and dialog... (more story)
Disbarred attorney Tom Girardi has called on a California federal court to overturn his conviction for misappropriating $15 million in client settlement funds, arguing he was not competent to stand trial due t... (more story)
A Houston judge Tuesday put Jackson Walker's deposition of the U.S. Trustee for the Texas divisions of the bankruptcy watchdog on hold while he considers whether a Justice Department guideline applies to the o... (more story)
Girardi Keese's former Chief Financial Officer Christopher K. Kamon reached a plea agreement Tuesday with Los Angeles federal prosecutors, who allege he spearheaded a "side fraud" that bilked millions of dolla... (more story)
Former FTX insider Caroline Ellison agreed to give up "substantially all of her assets" and cooperate with the FTX bankruptcy estate in a deal to resolve the claims against her in an adversary proceeding that ... (more story)
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A Delaware bankruptcy judge on Thursday gave medical device sale and service business Avante Health Solutions permission to tap into $2.5 million in Chapter 11 financing and start down the road to a November s... (more story)
A New York bankruptcy judge has dismissed a claim the Roman Catholic Diocese of Rochester broke a contract with Continental Insurance when it backed out of a proposed $63.5 million settlement of sexual abuse c... (more story)
Trash-to-gas innovator Fulcrum BioEnergy Inc. received final approval Wednesday from a Delaware bankruptcy judge for a $5 million debtor-in-possession loan from Las Vegas-based data center operator Switch Ltd.... (more story)
The liquidator of a bankrupt Singapore company has told a New Jersey bankruptcy judge he needs to act to stop one of the company's creditors from using a U.S. lawsuit to undermine court proceedings in Singapore.
Milbank LLP should be removed as counsel for digital content delivery platform Edgio Inc. in its Chapter 11, the U.S. Trustee's Office told a Delaware federal judge, arguing the firm is conflicted because of i... (more story)
The parent company of medical device sale and service business Avante Health Solutions filed for Chapter 11 protection in Delaware court, saying prepetition litigation with competitors drained significant reso... (more story)
A lawyer for a governmental workers' union challenging the constitutionality of the federal debt limit told a First Circuit panel on Tuesday that a January default is a virtual certainty under existing law, an... (more story)
Wiggin and Dana LLP said Tuesday that it has hired a partner to chair the firm's newly organized restructuring practice in New York, as well as a new special counsel for that group.
A Texas magistrate judge was wrong to recommend dropping litigation funding companies from a suit alleging a law firm deceptively advertised to hurricane victims, with a proposed class of storm victims arguing... (more story)
The owner of music label Lil' Joe Records took the stand Monday as he began to make the case that the members of hip-hop group 2 Live Crew were employees, not independent contractors, when they produced their ... (more story)