Two restaurant chains hit bankruptcy, saying they were casualties of an erratic economy. A hospice care provider and an operator of mental health facilities filed for bankruptcy protection. And a real estate developer entered bankruptcy court after a dispute involving tribal law.
The Ninth Circuit has named a longtime bankruptcy partner at the firm Downey Brand LLP to the bankruptcy bench in the Eastern District of California, the appellate court has announced.
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.