January 13, 2025
Former New York City Mayor Rudy Giuliani was held in contempt for a second time, Johnson & Johnson's bankrupt spinoff called Brown Rudnick's bid to represent an official committee of talc claimants "an ethical violation," and the federal government objected to a $535 million settlement that bankrupt talc supplier Whittaker Clark & Daniels reached regarding talc claims in its New Jersey Chapter 11 case.
January 09, 2025
Oil well operator Independence Contract Drilling received approval Thursday from a Texas bankruptcy judge for its Chapter 11 reorganization plan, which includes consensual third-party releases.
December 04, 2024
A Texas bankruptcy judge Wednesday signed off on a timeline to confirm the prepackaged debt-for-equity Chapter 11 plan of oil and gas contractor Independence Contract Drilling, saying he'd save ruling on concerns from the Office of the U.S. Trustee releases and opt-out procedures until a January confirmation hearing.