August 20, 2026
Bankrupt nursing home operator Genesis and two other companies have agreed to resolve a Chapter 11 adversary action in Texas targeting the two firms, which Genesis said have connections to a shareholder accused of manipulating the debtor into entering a deal that cost it $50 million.
August 17, 2026
A New Jersey judge gave the all-clear for the sale of dozens of summer camps, cryptocurrency kiosk operator Bitcoin Depot scored confirmation of its Chapter 11 plan, and Sidley Austin LLP was approved to represent nursing home company Genesis Healthcare in two adversary suits. This is the week in bankruptcy.
August 11, 2026
A Texas bankruptcy judge ruled Tuesday that Sidley Austin LLP is eligible to act as counsel for nursing home company Genesis Healthcare in adversary lawsuits linked to its Chapter 11, finding Sidley could represent the debtor's special restructuring committee despite the work one of its lawyers did for another company at a different law firm.