July 17, 2025
Failed cryptocurrency lender Genesis Global told a New York bankruptcy judge its parent company was attempting to "usurp" its control over prosecuting estate causes of action, asking the court to allow the debtor to enforce its rights. Meanwhile, the debtor entity of The Dolphin Co., an aquatics park operator, accused the firm's CEO of diverting its revenue, and the Chapter 11 case of chicken joint chain Sticky's was converted to a liquidation.
July 11, 2025
Dolphin encounter company Leisure Investments Holdings LLC told a Delaware bankruptcy court that its former executives ignored the court's order to submit the debtor's business records, therefore it should impose sanctions until they comply with the order.
July 07, 2025
FTX's Bahamas unit and bankrupt cryptocurrency lender Celsius Network reached a settlement resolving an adversary lawsuit seeking the return of around $517 million in pre-bankruptcy transfers. A New Jersey bankruptcy judge approved Rite Aid's roughly $19 million sale of an ice cream brand to a pair of billionaires behind Monster Energy. And insurers are challenging Avon's Chapter 11 plan, arguing it unfairly forces them to cover potentially invalid talc injury claims.
July 07, 2025
A Delaware bankruptcy judge on Monday gave two law firms permission to stop representing the ousted CEO of Leisure Investments Holdings, the lead debtor and intermediate holding company for aquatics park operator The Dolphin Co., with lawyers citing nonpayment and "irreconcilable differences" with their former client.
July 03, 2025
Dolphin encounter company Leisure Investments Holdings LLC asked a Delaware bankruptcy court to give it leave to begin marketing its many assets around the globe, saying it has gained "some measure of control" of its business through litigation since it filed for Chapter 11.
May 07, 2025
The Office of the U.S. Trustee has appointed two members to the official committee of unsecured creditors in the Chapter 11 case of dolphin encounter company Leisure Investments Holdings LLC.