September 27, 2024
U.S. Bankruptcy Judge Brendan L. Shannon of Delaware said Friday he would oversee the mediation of a dispute in Texas bankruptcy court that involves aircraft parts supplier Incora and two rival groups of creditors, as the parties seek a settlement clearing Incora to exit bankruptcy.
September 23, 2024
A Texas bankruptcy judge on Monday instructed parties squabbling over aircraft parts supplier Incora's Chapter 11 exit plan to return to court this week with a proposal that could break a "logjam" in negotiations, saying he will appoint a mediator if one is needed.
July 12, 2024
A Texas bankruptcy judge's recent ruling on a 2022 financing deal at aircraft parts supplier Incora adds another twist in the still-nascent case law surrounding so-called creditor-on-creditor violence, forcing lawyers on both sides of contentious debt exchanges to adjust to new legal terrain.