Meet Furniture Rental Biz Buddy Mac's Ch. 11 Attorneys
Rent-to-own furniture and appliance retailer Buddy Mac has hired attorneys from Kane Russell Coleman Logan PC to guide it through a Chapter 11 the company recently launched in hopes of reorganizing or selling the business as a going concern to address up to $50 million in debt.
Gol Linhas Plan Overturned, Linqto Cleared To Solicit Votes
A New York federal judge overturned Gol Linhas' Chapter 11 plan over third-party releases. Linqto was cleared to solicit creditor votes on its Chapter 11 plan; AmeriFirst received conditional approval for its disclosure statement despite the Office of the U.S. Trustee's objection. A Missouri judge approved 23andMe's $16.5 million cyber insurance buyback settlement.
Gol Linhas Ruling Set To Roil Post-Purdue Release Landscape
A federal judge's decision this week that Brazilian airline Gol Linhas' Chapter 11 plan releases were nonconsensual could have sweeping effects on how debtors secure valuable liability waivers in bankruptcy, complicating the question of what counts as consent under the U.S. Supreme Court's Purdue Pharma ruling, experts told Law360.
Meet Furniture Rental Biz Buddy Mac's Ch. 11 Attorneys
Rent-to-own furniture and appliance retailer Buddy Mac has hired attorneys from Kane Russell Coleman Logan PC to guide it through a Chapter 11 the company recently launched in hopes of reorganizing or selling the business as a going concern to address up to $50 million in debt.
Gol Linhas Plan Overturned, Linqto Cleared To Solicit Votes
A New York federal judge overturned Gol Linhas' Chapter 11 plan over third-party releases. Linqto was cleared to solicit creditor votes on its Chapter 11 plan; AmeriFirst received conditional approval for its disclosure statement despite the Office of the U.S. Trustee's objection. A Missouri judge approved 23andMe's $16.5 million cyber insurance buyback settlement.
Gol Linhas Ruling Set To Roil Post-Purdue Release Landscape
A federal judge's decision this week that Brazilian airline Gol Linhas' Chapter 11 plan releases were nonconsensual could have sweeping effects on how debtors secure valuable liability waivers in bankruptcy, complicating the question of what counts as consent under the U.S. Supreme Court's Purdue Pharma ruling, experts told Law360.
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Counsel for medical transportation company Modivcare urged a Texas bankruptcy judge Monday to confirm its Chapter 11 plan and disregard the objections of the unsecured creditors committee, calling the group's ... (more story)
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US Magnesium's unsecured creditors committee has once again urged a Delaware bankruptcy judge not to give final approval to the former magnesium producer's $10 million Chapter 11 loan, saying it only benefits ... (more story)
Rent-to-own furniture and appliance retailer Buddy Mac Holdings and several affiliates have filed for Chapter 11 protection in Texas bankruptcy court with up to $50 million in debt.
Stinson LLP has again expanded its attorney roster in its Los Angeles office that opened earlier this year, this time adding two bankruptcy partners from Leech Tishman and a business litigation associate.
A Delaware bankruptcy judge Friday gave a Florida biotechnology company permission to hold an auction in January for the royalty rights to a line of monkey cells being used to develop a smallpox vaccine.
Long Island-based real estate holding company Giapreet LLC filed for Chapter 11 in a New York bankruptcy court with just over $35 million in liabilities.
A Delaware bankruptcy judge agreed Thursday to grant conditional approval for bankruptcy mortgage servicer AmeriFirst's disclosure statement outlining its Chapter 11 plan, finding the objections raised by the ... (more story)