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Meet The Attorneys Guiding Developer Five Star's Ch. 11
A team of attorneys from O'Melveny & Myers LLP is advising Arizona luxury property developer Five Star Development in its bankruptcy.
Village Roadshow Ch. 11 Sale Gets OK, 23andMe Claims Cut
Village Roadshow received approval for a nearly $19 million Chapter 11 sale, 23andMe successfully sought permission to cut nearly 160,000 claims from its bankruptcy, and restaurant chain Pinstripes asked to convert its case to a Chapter 7. This is the week in bankruptcy.
Purdue Expects Smooth Confirmation Of New $7.5B Plan
Bankrupt drugmaker Purdue Pharma will begin a confirmation trial for its latest Chapter 11 plan Wednesday in a vastly different position than the last time it came to court seeking similar relief in 2021, when a New York judge approved a plan — over the objections of key parties — that was later struck down by the U.S. Supreme Court.
Meet The Attorneys Guiding Developer Five Star's Ch. 11
A team of attorneys from O'Melveny & Myers LLP is advising Arizona luxury property developer Five Star Development in its bankruptcy.
Village Roadshow Ch. 11 Sale Gets OK, 23andMe Claims Cut
Village Roadshow received approval for a nearly $19 million Chapter 11 sale, 23andMe successfully sought permission to cut nearly 160,000 claims from its bankruptcy, and restaurant chain Pinstripes asked to convert its case to a Chapter 7. This is the week in bankruptcy.
Purdue Expects Smooth Confirmation Of New $7.5B Plan
Bankrupt drugmaker Purdue Pharma will begin a confirmation trial for its latest Chapter 11 plan Wednesday in a vastly different position than the last time it came to court seeking similar relief in 2021, when a New York judge approved a plan — over the objections of key parties — that was later struck down by the U.S. Supreme Court.
Expert Analysis
Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and ... (more story)
Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their o... (more story)
As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the... (more story)
Large Cap More
A Texas bankruptcy judge said Monday he will rule this week on First Brands Group's request to extend a freeze on its former CEO's assets as the troubled auto parts company seeks to recover hundreds of million... (more story)
A Texas bankruptcy judge on Monday rejected solar energy developer Pine Gate Renewables' bid to roll up more than $1.4 billion in existing debt into a Chapter 11 financing package, saying the request was "too ... (more story)
The trustee overseeing the distribution of funds to sex assault victims in the Boy Scouts of America bankruptcy is opposing negotiations with a man who holds what could be a $31.2 million claim — possibly the ... (more story)
San Francisco-based hotel company Sonder said Monday it will immediately wind down operations and file for a Chapter 7 liquidation, one day after Marriott announced it ended an affiliation the hotel chain bega... (more story)
The Chapter 11 liquidation plan of solar panel company Sunnova Energy International received bankruptcy court approval Monday in Texas after a judge overruled objections to third-party releases raised by the U... (more story)
The U.S. Supreme Court declined Monday to take up a challenge by Serta Simmons lenders to a Fifth Circuit ruling last year that rejected the mattress maker's controversial "uptier" debt exchange, choosing not ... (more story)
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including real estate reactions to the election of Zohran Mamdani as mayor of New York City, how condo attorneys are b... (more story)
A Texas bankruptcy judge signaled Friday that the investigation required in the bankruptcy case of auto parts maker First Brands might be as complex as that of FTX Trading Ltd. as he fielded calls for a Chapter 11 examiner.
The U.S. Trustee's Office asked a Louisiana bankruptcy judge to reject the Chapter 11 plan proposed by the Roman Catholic Archdiocese of New Orleans, saying it improperly bars sexual abuse survivors from pursu... (more story)
Solar energy developer Pine Gate Renewables has filed for Chapter 11 protection in a Texas bankruptcy court with more than $1 billion in debt and a plan to sell its business during the case.
Mid Cap More
Utah's environmental regulatory agency has asked a Delaware bankruptcy judge to reject US Magnesium's asset sale agreement, saying a buyer should be bound by the same responsibilities as the debtor.
A New Mexico jury has awarded over $104 million to a businessman it found was wrongly stripped of his 5 million shares of bankrupt cannabis processor Bright Green after a handshake deal to bring him on as CEO fell apart.
A Missouri bankruptcy judge told genetic testing company 23andMe on Friday he would allow it to shear nearly 157,000 claims from its bankruptcy case, sustaining an objection the company lodged asserting the cl... (more story)
Luxury resort developer Five Star Development LLC can access $6 million of Chapter 11 financing after a Texas bankruptcy judge granted interim approval to the package over the objection of a prepetition lender... (more story)
Former executives of bankrupt Ohio electric vehicle manufacturer Lordstown Motors urged a Delaware bankruptcy judge to preserve a key financial cushion in the company's post-bankruptcy claims reserve, arguing ... (more story)
Two camps battling over control of Delaware-chartered television network Caribevision both lost postjudgment rulings Friday on motions to undo parts of a Court of Chancery decision last month intended to resol... (more story)
A Texas bankruptcy judge signed off Friday on Cajun restaurant chain Razzoo's bid to borrow $4 million in financing in Chapter 11, funds the company will use to support itself as it works to sell its assets.
Bankrupt cryptocurrency miner Core Scientific has reached a $14.75 million agreement to settle proposed class action claims brought by an investor in the special purpose acquisition company that made a $4.3 bi... (more story)
At a first-day hearing Thursday, a Texas bankruptcy judge asked debtor Five Star Development LLC to consider an alternative Chapter 11 financing package from a prepetition lender it has accused of fraud and re... (more story)
The brother of disgraced attorney Tom Girardi and the trustee for their now-defunct law firm, Girardi Keese, have reached an agreement resolving John Girardi's claim seeking legal fees for cases he worked on a... (more story)