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Under The Radar: Bankruptcy News You May Have Missed
Bitcoin mining company Rhodium received the go-ahead for its liquidation plan. The U.S. Trustee's Office suggested installing a Boies Schiller partner as the examiner in First Brands' Chapter 11 and asked that a European packaging maker's bankruptcy proposal be rejected.
Purdue Mediator Says Failure Was Not An Option, Part 2
Former bankruptcy Judge Shelley C. Chapman mediated a $7.4 billion settlement in the Chapter 11 case of Purdue Pharma that received court approval last month. She spoke with Law360 about the pressure she faced to reach a deal and the 18-hour mediation sessions that came with renewed negotiations after the U.S. Supreme Court threw out a critical element of the agreement. She also discussed the role of nonmonetary relief for creditors, including the removal of the Sackler name from buildings and institutions.
Meet The Attorneys In Self-Driving Tech Co. Luminar's Ch. 11
A team of lawyers from Weil Gotshal & Manges LLP is representing Luminar Technologies Inc., a developer of lidar technology used in autonomous vehicles, in its Chapter 11 case as the company moves to sell its assets.
Under The Radar: Bankruptcy News You May Have Missed
Bitcoin mining company Rhodium received the go-ahead for its liquidation plan. The U.S. Trustee's Office suggested installing a Boies Schiller partner as the examiner in First Brands' Chapter 11 and asked that a European packaging maker's bankruptcy proposal be rejected.
Purdue Mediator Says Failure Was Not An Option, Part 2
Former bankruptcy Judge Shelley C. Chapman mediated a $7.4 billion settlement in the Chapter 11 case of Purdue Pharma that received court approval last month. She spoke with Law360 about the pressure she faced to reach a deal and the 18-hour mediation sessions that came with renewed negotiations after the U.S. Supreme Court threw out a critical element of the agreement. She also discussed the role of nonmonetary relief for creditors, including the removal of the Sackler name from buildings and institutions.
Meet The Attorneys In Self-Driving Tech Co. Luminar's Ch. 11
A team of lawyers from Weil Gotshal & Manges LLP is representing Luminar Technologies Inc., a developer of lidar technology used in autonomous vehicles, in its Chapter 11 case as the company moves to sell its assets.
Expert Analysis
Several notable Bankruptcy Code Chapter 15 decisions from 2025 warrant review, including rulings that clarified th... (more story)
Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems ... (more story)
The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receive... (more story)
Large Cap More
Eletson Holdings on Friday argued in support of its bid to subpoena Reed Smith LLP and Rolnick Kramer Sadighi LLP as the shipping company seeks to enforce judgments of up to $873,000 that it won in September, ... (more story)
A Texas bankruptcy judge agreed Thursday to approve bankrupt subprime car loan lender Tricolor's procedures for a quick sale of about 10,000 cars in its inventory, saying the debtor appeared to have earned its... (more story)
A Delaware bankruptcy judge Thursday denied a request from Yellow Corp.'s creditors committee to pay its investment banker an additional $3.75 million, finding the adviser knew the former trucking company's Ch... (more story)
McGuireWoods LLP announced Thursday that it has hired a former senior bankruptcy counsel at the U.S. Department of Justice, whose experience includes the two largest offshore oil and gas bankruptcies in U.S. history.
A Texas bankruptcy judge on Thursday signed off on wind turbine blade maker TPI Composites Inc.'s $18 million deal to end litigation over an uptier transaction it completed years before seeking Chapter 11 prot... (more story)
The U.S. Trustee's Office is seeking to wrest control from bankrupt Genesis Healthcare Inc., alleging the nursing home operator's Chapter 11 case in Texas is being undermined by an insider and his loyalists an... (more story)
Following a Texas federal judge's decision to hold off on reviewing malpractice settlements with former bankruptcy clients, Jackson Walker LLP asked the court to reconsider, as the pending motions could save p... (more story)
Jenner & Block LLP has selected 15 attorneys in five offices who will receive new titles when the new year begins, including an increase in the number of partners promoted versus last year and a slight dip amo... (more story)
Patrick James, the founder and former CEO of First Brands Group, urged a Texas bankruptcy judge to toss an adversary suit the auto-parts maker filed targeting him, saying the complaint failed to adequately acc... (more story)
A Manhattan federal grand jury has indicted the ex-CEO and ex-chief operating officer of bankrupt subprime auto lender Tricolor Holdings, saying they engaged in years of fraud on the company's lenders and investors.
Mid Cap More
Eye disease treatment developer Clearside Biomedical on Friday got permission from a Delaware bankruptcy judge for a January auction of its assets after saying it had resolved objections from shareholders and ... (more story)
Most counts have gone forward in a Delaware Court of Chancery suit alleging an unfair "blank check" company take-public merger with a since-reorganized electric vehicle company that faced allegedly undisclosed... (more story)
Ashley Stewart, a plus-size clothing retailer, has petitioned for Chapter 11 protection in New Jersey bankruptcy court, listing between $50 million and $100 million of liabilities and seeking to void the sale ... (more story)
The Roman Catholic Diocese of Oakland and representatives of sexual abuse claimants told a California bankruptcy judge Thursday they are ready for another month of talks to try and reach an agreement on a Chap... (more story)
New York-based software company Conscious Content Media and its affiliates on Wednesday filed for Chapter 11 protection in a Delaware bankruptcy court with more than $205 million in debt, along with its restru... (more story)
The owner of a six-story commercial loft building in Manhattan has filed for Chapter 11 bankruptcy protection on the eve of a foreclosure sale on close to $41 million in mortgage debt.
Ample Inc. filed for Chapter 11 protections in Texas to sell its business, saying it wasn't able to raise enough money to commercially scale up its electric vehicle battery swapping stations.
Radio frequency filter maker Akoustis Technologies received the Delaware bankruptcy court's approval Tuesday to implement its Chapter 11 liquidation plan, after the debtor resolved a dispute with two company d... (more story)
A Manhattan federal judge allowed a former financial controller for FTE Networks to avoid prison Tuesday for participating in a $13 million revenue fraud at the Florida telecom, crediting the "reluctant conspi... (more story)
A Delaware bankruptcy judge Tuesday allowed the company behind the Roomba robot vacuum to access cash collateral, which would enable the company to operate during Chapter 11 proceedings and move to implement i... (more story)