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March 03, 2026
The Roman Catholic Diocese of Buffalo must redesign ballots for its Chapter 11 plan after a New York bankruptcy judge held opt-out boxes could not be used to tally creditor consent to third party releases.
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March 03, 2026
The litigation trust for cryptocurrency custodian Prime Core Technologies Inc. leveled a lawsuit against the operator of a crypto transaction platform the trust says extracted nearly $13 million in fiat currency as well as crypto transfers the estate should now reclaim.
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March 03, 2026
The iPic movie theater chain hit Chapter 11 in Florida, a Chicago racetrack entered bankruptcy protection in the Prairie State and a real estate investment trust accused of being a Ponzi scheme began its own insolvency.
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March 03, 2026
Melanie Cyganowski of Otterbourg PC, a former federal bankruptcy judge in New York, talks to Law360 Healthcare Authority about successor liability, regulatory hurdles and some of the hidden costs of hospital bankruptcies.
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March 03, 2026
A bankrupt Nevada solar project named its $7 million stalking horse bidder as the successful bidder chosen in its Chapter 11 asset sale, canceling the auction.
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March 02, 2026
A New York bankruptcy judge determined he has jurisdiction over litigation stemming from the collapse of real estate law firm Kossoff PLLC after its principal stole $14 million from its clients, finding the firm's founder may be dismissed as a defendant because the now imprisoned, disbarred lawyer "appears to be judgment-proof."
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March 02, 2026
A Chubb unit must step in and provide excess coverage for asbestos exposure claims against a waterworks product supplier, a Massachusetts state court ruled Monday, finding that the company's primary policy has been exhausted as a result of that carrier's insolvency and inability to pay for covered losses.
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March 02, 2026
A real estate investment trust accused last year by Florida authorities of being a Ponzi scheme has filed for federal bankruptcy protection, claiming the state probe, a racketeering lawsuit from a talk show host and a U.S. Securities and Exchange Commission action tarnished its reputation.
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March 02, 2026
Cadwalader Wickersham & Taft LLP announced on Monday that it is continuing to invest in its restructuring bench with two lawyers in New York and London.
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March 02, 2026
A New Jersey federal judge has revived a bankrupt Johnson & Johnson talc subsidiary's trade libel claim over a 2020 scientific article linking asbestos in talc to mesothelioma, finding that new evidence and allegations concerning the authenticity of the author's data are enough to survive a motion to dismiss.
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March 02, 2026
A former assistant U.S. attorney is New Jersey's newest bankruptcy judge, bringing with him experience representing federal agencies in bankruptcy and creditors in large cases like General Motors' 2009 reorganization.
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March 02, 2026
Solar panel co. PosiGen was given the green light to wind down, fiber network Tilson's Chapter 11 case was dismissed, and Mallinckrodt's bankruptcy prevented antitrust payouts.
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March 02, 2026
A Chicago-area racecourse has filed for Chapter 11 protection in Illinois bankruptcy court with nearly $57 million in debt and plans to seek a buyer a month after state regulators shut down harness racing at the site for financial issues.
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February 27, 2026
A Missouri federal judge dismissed a coalition of Republican-led states' lawsuit challenging a Biden-era student debt relief plan, saying Friday he can't end the plan like the Trump administration wanted given the "apparent lack of adversity" in the suit between the states and the administration.
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February 27, 2026
Ballard Spahr LLP does not have a valid claim to roughly $237,000 in unpaid legal fees it sought from a Wisconsin-based gem and fine metal investment fund that went through bankruptcy, the Seventh Circuit said Friday.
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February 27, 2026
A Texas bankruptcy judge on Friday granted final approval of urgent care facility operator Carbon Health Technologies Inc.'s Chapter 11 financing, freeing up $19.5 million that the debtor will use to fund a dual-track bankruptcy plan and sale process.
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February 27, 2026
Optimum Communications is escalating its fight accusing Apollo, Ares, BlackRock and other financial giants of an illegal joint campaign constricting its ability to refinance debt, amending its New York federal court complaint to also accuse the companies of "bullying" Kirkland & Ellis LLP into withdrawing as its transaction counsel.
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February 27, 2026
Kluger Kaplan attorneys said Friday they can no longer represent a businessman in a $500 million dispute over the ownership of the Miss America pageant, after a Florida federal court's questions to the lawyers about documents the court has found to be fraudulent put them in conflict with their client.
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February 27, 2026
The Roman Catholic Archdiocese of San Francisco is asking a California bankruptcy judge to approve a more than $10 million settlement of two sexual abuse claims the judge allowed to go forward in state court last year.
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February 27, 2026
A team of attorneys from newly-formed Sullivan Nimeroff Brown Hill LLC and Denver-headquartered Brownstein Hyatt Farber Schreck LLP are guiding the owner of Colorado's Glenwood Caverns Adventure Park through Chapter 11 as it seeks to appeal a $116 million wrongful death judgment.
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February 27, 2026
Bankruptcy courts are set to tackle in the coming weeks issues ranging from an exchange of discovery requests flung between Fat Brands and a noteholder group, US Magnesium's request to sell a turbine package and Meyer Burger's Chapter 11 plan and disclosure.
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February 27, 2026
An attorney who represented conspiracy theorist Alex Jones has asked a Connecticut state court judge's permission to withdraw now that litigation has mostly ended in a $1.44 billion defamation challenge to Infowars broadcasts about the Sandy Hook Elementary School massacre.
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February 27, 2026
Securitized auto loan investors are suing JPMorgan, Barclays and Fifth Third in New York federal court, alleging the banks ignored glaring red flags and helped conceal a sprawling subprime auto loan fraud by Tricolor Holdings that collapsed in bankruptcy last year.
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February 27, 2026
Dine-in movie theater chain iPic Theaters has filed for Chapter 11 protection in Florida bankruptcy court with up to $10 million in debt, saying it intends to sell its assets during the case.
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February 26, 2026
Law360 Insurance Authority has the top takeaways and coverage considerations from the annual conference hosted by Anderson Kill PC.