Large Cap More

Ex-CEO, Watchdog Balk At Lugano Diamonds Plan Disclosure

The onetime CEO of Lugano Diamonds and the U.S. Trustee's Office have both taken shots at the jewelry house's Chapter 11 plan disclosure, with the former executive alleging it was "misleading" and the bankrupt... (more story)

Lenders Left Out Of Serta Uptier Deal Win $400M In Ch. 11 Suit

Creditors that were excluded from Serta Simmons' so-called uptier debt restructuring are entitled to $261 million in damages plus interest, a Texas bankruptcy court has found, ruling against lenders that parti... (more story)

Sheppard Adds Transactional, IP Attys In Chicago And San Diego

Sheppard announced today that the firm has added an experienced intellectual property attorney focused on life sciences as a San Diego area-based partner, a day after announcing the addition of two Chicago-bas... (more story)

2nd Circ. Says Investor Can Keep Bed Bath & Beyond Profits

The Second Circuit on Tuesday found that a late investor in defunct retailer Bed Bath & Beyond can keep the profits from its sale of the company's stock, rejecting claims that a contractual cap on the investor... (more story)

TriColor Can Retain Reid Collins As Litigation Counsel In Ch. 7

A Texas bankruptcy judge on Tuesday authorized the Chapter 7 trustee for former subprime auto lender TriColor, which collapsed amid fraud allegations, to retain law firm Reid Collins & Tsai LLP as special litigation counsel.

Celsius Ex-GC's Ch. 11 Suit Against Other Execs Tossed

A New York bankruptcy judge tossed a former Celsius Network LLC executive's lawsuit that blamed alleged oversight issues at the crypto platform on three other executives, finding that his claims belonged to Ce... (more story)

Pryor Cashman Adds Simpson Thacher Atty To Litigation Team

Pryor Cashman LLP said Tuesday it has continued growing its litigation group with a longtime Simpson Thacher & Bartlett LLP lawyer, who has represented "some of the most prominent names in private equity and f... (more story)

Feds Aim To Block Expert In Trial Over Threats To Judges

The government is seeking to block a defense expert from testifying about prosecutorial charging policies and procedures in an upcoming trial in Pennsylvania federal court for a man accused of threatening to kill judges.

Ex-SVB Exec Recounts Pressure For 'More Yield' At FDIC Trial

Silicon Valley Bank's ex-head of corporate investments and capital markets testified in a deposition shown during a California federal bench trial Monday over the FDIC's claims the bank's brass mismanaged its ... (more story)

Talc Co. Barretts Must Defend $450M Ch. 11 Plan's Chances

A Texas bankruptcy judge Monday scheduled an evidentiary hearing to gauge the probability of confirming Barretts Minerals Inc.'s Chapter 11 plan, as the former talc miner faces possible dismissal of its nearly... (more story)

Mid Cap More

NC Bankruptcy Admin Seeks Sanctions For Ch. 7 Abuse

A North Carolina bankruptcy administrator is seeking sanctions against a Georgia "short sale" real estate dealer, claiming he filed bankruptcy papers "riddled" with lies as part of an attempt to sell a home on... (more story)

Viridis Chemical Gets OK On Ch. 11 Plan After Sale

A Texas bankruptcy judge on Wednesday signed off on bio-based chemical technology company Viridis Chemical LLC's Chapter 11 liquidation plan, more than a month after the debtor sold most of its assets.

Bitcoin Depot Gets OK For $1.4M Ch. 11 Asset Sale

A Texas bankruptcy judge Wednesday gave bankrupt cryptocurrency kiosk operator Bitcoin Depot permission to sell more than $1.4 million in assets to the winners of an auction held last week.

23andMe's $47M Data Breach Deal Gets Bankruptcy Court OK

A Missouri bankruptcy judge entered an order Tuesday authorizing a $46.7 million settlement between the plan administration trust created under the Chapter 11 plan of DNA-testing company 23andMe and data breac... (more story)

NJ Venue Owner Reaches Bank Deal, Eyes August Ch. 11 Exit

The company behind a New Jersey event venue called The Chariot has reached a settlement with its main secured creditor and is hoping to file a Chapter 11 plan soon that can be confirmed by the end of August, i... (more story)

Nevada Solar Plant Gets OK For Ch. 11 Wind-Down Plan

A Delaware bankruptcy judge Tuesday approved the wind-down plan of a Nevada solar plant operator after hearing creditors dropped their request to appoint a trustee to investigate the company's management.

Ex-MLB Star Files Ch. 11 After Federal Gambling Conviction

Former Major League Baseball player Yasiel Puig filed a Chapter 11 bankruptcy case in Florida with at least $1 million of debt several months after a California federal court jury found him guilty of lying to ... (more story)

After Tense Terms, Hints Of High Court Harmony With Circuits

Following several U.S. Supreme Court terms teeming with reversals and rebukes of lower appeals courts, the justices this term found fault less often with rulings by circuit judges, who are likely becoming bett... (more story)

The Moments That Shaped The Monsanto Decision

U.S. Supreme Court justices forged unusual alliances when they ruled a federal statute preempts claims Monsanto failed to warn consumers its Roundup weed killer may cause cancer. Oral arguments provided insigh... (more story)

The Funniest Moments Of The Supreme Court's Term

When one of the U.S. Supreme Court's most talkative members suddenly struggled to speak, the atmosphere at oral arguments grew increasingly anxious — until the justice deadpanned that it was an advocate's gold... (more story)

Expert Analysis

5 Rulings Clarify Limits On Chapter 15 Public Policy Exception

Recent bankruptcy decisions from New York and Delaware federal courts distinguish between relief a U.S. bankruptcy... (more story)

Congress Must Resolve Growing Subchapter V Uncertainty

Congress must pass a bill to permanently restore the Subchapter V debt limit and clarify several other key points ... (more story)

Choral Singing Makes Me A Better Lawyer

Singing in the New York City Bar Chorus — a hobby partly inspired by the late U.S. District Judge Richard Owen, wh... (more story)