An AI chatbot company linked to Google hit Chapter 11 in Delaware amid mounting legal and financial troubles. An outpatient facility in Florida filed for Chapter 11 protection in the state to gain room to negotiate a $400 million loan. And an operator of oil and gas wells in Florida sought bankruptcy protection in Texas following a legal battle with a competitor.
Attorneys from Willkie Farr & Gallagher LLP and Fox Rothschild LLP are representing the official committee of unsecured creditors of bankrupt professional golf league LIV Golf in the Chapter 11 the league started after losing the financial backing of Saudi Arabia.
Genesis Healthcare got the sign-off for an amended $1 billion asset sale, WilmerHale appointed a new restructuring chair, and the former CEO of electric-truck maker Nikola asked the Third Circuit to review a decision that his bankruptcy claim against his former company was properly subordinated.