Expert Analysis

E-Discovery Quarterly: Recent Rulings On Dynamic Databases

Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dy... (more story)

Drafting For Distress: D&O Policy Tips Ahead Of Ch. 11 Filings

Considering recent bankruptcy statistics and the economic climate, now is a good time for companies to revisit the... (more story)

Law School's Missed Lessons: Networking 101

Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be... (more story)

Large Cap More

Catching Up With Delaware's Chancery Court

The Delaware Chancery Court last week delivered a packed mix of fraud allegations, merger fallout, corporate-governance reforms and jurisdictional fights, while a new academic report ignited debate over attorn... (more story)

Judge Dismisses $15M In Alleged Fraudulent FTX Loan Claims

A Delaware bankruptcy judge on Monday dismissed just over $15 million in claims against the FTX wind-down trust after trust counsel said the claimants had filed forged documents to back their claims they had l... (more story)

Justices Won't Hear Dispute Over So-Called Ch. 11 Double Dip

The U.S. Supreme Court on Monday said it will not hear arguments on whether a Texas bankruptcy judge allowed unsecured creditors to double-dip on their recoveries when he handed them control of bankrupt oil dr... (more story)

Texas Judge OKs $50M Sale For EdTech Co. In Ch. 11

A Texas bankruptcy judge Friday approved the sale of Anthology Inc.'s assets to a fellow educational technology company for $50 million.

Byju's Founder Hit With $1B Judgment Over Missing Funds

A Delaware bankruptcy judge has issued an over $1 billion default judgment against the founder of Indian tech giant Byju's, saying the extreme award was justified by months of willfully thwarting attempts to t... (more story)

Rusoro Accuses Gold Reserve Of Trying To Hinder Citgo Sale

Rusoro Mining has accused Gold Reserve, a fellow creditor of Venezuela, of trying to undermine an auction process in Delaware federal court for Citgo Petroleum Corp.'s parent company "in any manner possible, and at any cost."

'No Evidence' New Info Backs J&J Unit's Libel Suit, Court Told

A doctor being sued by Johnson & Johnson's bankrupt talc subsidiary pushed back on the unit's bid to revive its trade libel claim over a scientific article she wrote linking asbestos in talc to mesothelioma, a... (more story)

Modivcare, Creditors Near Contested Ch. 11 Plan Hearing

Healthcare services and technology group Modivcare is gearing up for a contentious December Chapter 11 plan confirmation hearing in Texas, where it faces unsecured creditors' objection to a $1 billion debt-for... (more story)

Nicklaus' Golf Cos. File Ch. 11 With $500M+ Liabilities

Nicklaus Companies LLC, the sporting gear and golf course design company founded by legend Jack Nicklaus, and 11 affiliates filed for bankruptcy in Delaware on Friday, as it disputes a $50 million jury award i... (more story)

3rd Circ. Rejects Boy Scout Abuse Claimants' Fee Requests

The Third Circuit on Friday backed the denial of $21 million in counsel fees to the Coalition of Abused Scouts for Justice as tort claimants in the Boy Scouts of America's bankruptcy case, ruling that the orga... (more story)

Mid Cap More

Ophthalmic Co. Hits Ch. 11 With $64M Debt, Eyeing Sale

Clearside Biomedical, a company developing treatments for eye diseases, has filed for Chapter 11 protection in Delaware bankruptcy court with $64 million in debt, saying it will attempt to sell its business during the case. 

American Signature Furniture Hits Ch. 11 With Sale Plan

Home furnishing retailer American Signature Furniture filed for Chapter 11 protection in Delaware on Saturday with a plan to close 33 of its stores and sell the remainder of its business to affiliates of its current owners.

Stay Denied In Ch. 11 Suit Over $100M Special Needs Fraud

A Florida bankruptcy judge on Friday declined to halt an adversary class action against a Texas bank accused of aiding the alleged $100 million theft from a special needs trust, allowing document discovery to ... (more story)

PrimaLend Pauses Affiliate Payments In Revised DIP

A Texas bankruptcy judge Friday approved amended Chapter 11 financing for auto dealership lender PrimaLend Capital Partners that smooths over new objections from unsecured creditors by suspending debt payments... (more story)

Ex-US Trustee Director's Firing Appeal Tossed, For Now

The former head of the U.S. Department of Justice's bankruptcy watchdog program had her appeal challenging her abrupt firing dismissed, at least for now, while a federal agency mulls questions around executive... (more story)

Ex-Gordon Rees Atty Reprimanded For Mistakes Blamed On AI

An Alabama bankruptcy judge won't sanction Gordon Rees Scully Mansukhani LLC for a filing submitted by one of its former lawyers that contained mistakes blamed on artificial intelligence, but has reprimanded t... (more story)

1st Circ. Agrees Gibson Owns Liberace's Glitzy Piano

The First Circuit affirmed a jury's finding that a nine-foot-long, rhinestone-encrusted piano used by entertainer Liberace belongs to musical instrument maker Gibson and not a Massachusetts man.

NoMo SoHo Hotel Owner Seeks $125M Sale In Ch. 11

A New York bankruptcy judge agreed Thursday to approve sale procedures for the insolvent owner of the NoMo SoHo Hotel in Manhattan, setting it on a path to wrap up the process in just 20 days.

Village Roadshow Noteholders Blast Warner Bros. Bid To Sue

Noteholders of Village Roadshow Entertainment Group, the bankrupt company that co-produced blockbuster films including "The Matrix," have lashed out at an effort by Warner Bros. to sue them, saying it would ef... (more story)

Chancery Says $33M Nikola Deal 'More Than Fair'

Delaware Chancellor Kathaleen St. J. McCormick granted final approval Thursday to a pair of settlements totaling more than $33 million, including more than $1.8 million in fees and expenses, resolving years of... (more story)