November 08, 2024
The U.S. Trustee's Office took aim at the U.S. ties and motivations of a bankrupt defense contractor in Abu Dhabi, creditors of Eletson Holdings said they were still skeptical of Reed Smith LLP's work in the company's contentious Chapter 11 case and a Navajo Nation-owned energy company argued that a reorganized coal miner is trying to use a typo to boost royalty payments.
September 04, 2024
The U.S. Trustee's Office has asked a New York bankruptcy judge to reject artificial intelligence video startup StoryFile's motion for approval of bidding procedures governing a likely sale of virtually all its assets to a debtor-in-possession lender, arguing that the proposed sale would effectively bypass making payments to secured and priority creditors.