To access this content, a subscription to Bankruptcy Authority is required.
Meet The Attorneys For Broadband And Carriox's Ch. 11s
A team of attorneys from Klestadt Winters Jureller Southard & Stevens LLP is guiding the Chapter 11 bankruptcies of six affiliates of telecommunications financing provider Carriox Capital.
Purdue Defends Ch. 11 Plan, Heritage Coal's Gets OK'd
Pharmaceutical titan Purdue Pharma hailed support for its proposed bankruptcy plan and fought an objection from the city of Baltimore, Heritage Coal got its Chapter 11 plan approved, and a Texas bankruptcy judge granted LifeScan's conditional approval. This is the week in bankruptcy.
What's Happening In Bankruptcy Court This Coming Week
Silvergate will seek to confirm its Chapter 11 plan, insurers will petition for a stay of Avon's plan confirmation pending their appeal of one aspect of it, and investment platform Linqto is pursuing an extension on its sole right to file a Chapter 11 plan.
Meet The Attorneys For Broadband And Carriox's Ch. 11s
A team of attorneys from Klestadt Winters Jureller Southard & Stevens LLP is guiding the Chapter 11 bankruptcies of six affiliates of telecommunications financing provider Carriox Capital.
Purdue Defends Ch. 11 Plan, Heritage Coal's Gets OK'd
Pharmaceutical titan Purdue Pharma hailed support for its proposed bankruptcy plan and fought an objection from the city of Baltimore, Heritage Coal got its Chapter 11 plan approved, and a Texas bankruptcy judge granted LifeScan's conditional approval. This is the week in bankruptcy.
What's Happening In Bankruptcy Court This Coming Week
Silvergate will seek to confirm its Chapter 11 plan, insurers will petition for a stay of Avon's plan confirmation pending their appeal of one aspect of it, and investment platform Linqto is pursuing an extension on its sole right to file a Chapter 11 plan.
Expert Analysis
As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement offic... (more story)
A New York federal court's recent decision denying a request by PDVSA, Venezuela's state-owned oil company, to ref... (more story)
After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, ... (more story)
Large Cap More
A group of creditors for Spirit Airlines have told a New York bankruptcy court they now support the budget air carrier's request for debtor-in-possession financing on a final basis, after the debtor agreed to ... (more story)
Chapter 15 of the Bankruptcy Code, which allows U.S. courts to recognize foreign bankruptcies, turns 20 years old this year, an anniversary that marks how far the courts have come since replacing a makeshift j... (more story)
A proposed settlement between Jackson Walker LLP and defunct life insurance bond seller GWG Holdings Inc. over a former Jackson Walker partner's secret romance with an ex-bankruptcy judge should be rejected be... (more story)
A subsidiary of Venezuela's state-owned oil company is urging a New York federal judge to pause her ruling enforcing nearly $3 billion in defaulted bonds during an appeal, saying enforcement could permanently ... (more story)
The Chapter 7 trustee for subprime car lender and seller Tricolor Holdings can access about $275,000 in deposited checks at its headquarters to make late insurance payments, a Texas bankruptcy judge said at an... (more story)
The Delaware Chancery Court has refused to toss a suit by Johnson & Johnson, Dow Chemical and other major asbestos-defendant companies that are seeking to block a set of bankruptcy trusts from destroying decad... (more story)
A Texas bankruptcy judge on Monday granted confirmation of LifeScan Global Corp.'s Chapter 11 plan after the debtor reached an agreement with pharmacy benefit managers that resolved their objections, allowing ... (more story)
Willkie Farr & Gallagher LLP has added a restructuring attorney who was previously with Kirkland & Ellis LLP as a partner and as chair of its restructuring group, the firm announced Monday.
The Chapter 11 plan administrator for defunct cryptocurrency custodian Prime Core told a Delaware bankruptcy judge Monday that it raised about $35 million by selling Prime's crypto assets and expects to begin ... (more story)
The state of Texas said it was appealing a bankruptcy judge's decision earlier this month blocking its attempt to hold General Motors liable for data privacy violations allegedly committed by its predecessor b... (more story)
Mid Cap More
Joint implant maker Exactech Inc. received a Delaware bankruptcy judge's permission Tuesday to borrow an additional $19.1 million in its Chapter 11 case as the company works to complete an asset sale by the end of the week.
Two companies affiliated with the former Hudson Hotel near Manhattan's Columbus Circle have hired attorneys from DLA Piper LLP to guide them through a Chapter 11 bankruptcy after they filed with between $100 m... (more story)
A group of investors has sued the owner of a Colorado distillery in federal court, alleging he induced them to inject nearly $850,000 into his business by making fraudulent misrepresentations about it, and tha... (more story)
Dolphin experience park owner Leisure Investments Holdings LLC received a Delaware bankruptcy judge's approval Monday for a more than $4.5 million sale of a Panama City Beach, Florida, park that is no longer o... (more story)
Aviation business GAI Air has filed for Chapter 11 protection in Texas bankruptcy court with more than $6.5 million in debt, blaming a nearly $2.8 million state court judgment stemming from a failed joint venture.
Gordon Rees Scully Mansukhani LLC has apologized to an Alabama bankruptcy court for a filing submitted by one of its lawyers that contained mistakes it blamed on artificial intelligence, saying it's "profoundl... (more story)
PrimaLend Capital Partners LP, a lender to auto dealerships, received interim approval for $16 million of Chapter 11 financing from its senior secured lenders after a Texas bankruptcy judge overruled an object... (more story)
The liquidators of a Singapore blockchain business asked a New York bankruptcy court for Chapter 15 recognition of its insolvency, saying it needs to pause a New York State court fight over $63 million in stol... (more story)
Loans to nondepository financial institutions represent the fastest-growing bank lending asset this year, while exhibiting the cleanest credit profile and the lowest delinquency rate, but two recent bankruptci... (more story)
With increasing inflation, rising unemployment and growing consumer credit delinquencies, insurers and their intermediaries must be prepared to handle policyholders who are filing for bankruptcy by acquainting... (more story)