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Who's Who On The NJ Bankruptcy Bench, Part 1
Meet The Attys In Biotech Co. Gamida's Ch. 11 And Ch. 15
In Red Lobster's Tale Of Ch. 11, Shrimp May Be A Red Herring
Who's Who On The NJ Bankruptcy Bench, Part 1
New Jersey saw the second-most Chapter 11 bankruptcy filings in the nation over the last year. Here, Law360 takes a look at the judges leading the increasingly busy bankruptcy court, starting with those sitting in Trenton and Camden.
Meet The Attys In Biotech Co. Gamida's Ch. 11 And Ch. 15
A team of attorneys from Blank Rome LLP is representing biotech company Gamida Cell Inc. in its Delaware Chapter 11 bankruptcy and its Israeli parent company in its Chapter 15 insolvency recognition proceedings.
In Red Lobster's Tale Of Ch. 11, Shrimp May Be A Red Herring
It was more than just all-you-can-eat shrimp specials that forced casual dining chain Red Lobster into bankruptcy on Sunday — higher costs, lower foot traffic and a failure to appeal to younger customers were all additional pressures that experts say could lead other small and midsize restaurant brands to consider bankruptcy in the coming year.
Expert Analysis
The Eleventh Circuit's recent decision in In re: Talal Qais Abdulmunem Al Zawawi has introduced a split from the S... (more story)
A Delaware bankruptcy court recently held Camshaft Capital and its principal in contempt, serving as a reminder to... (more story)
Contrasting U.K. and U.S. insolvency trends highlight the importance of policy interventions in shaping consumer f... (more story)
Large Cap More
Discount retail chain 99 Cents Only on Thursday got the green light of a Delaware bankruptcy judge to sell off 44 lots of its assets for a combined price of $170 million as it moves towards a wind-down.
Data provider and market research company Dynata Thursday received interim approval from a Delaware bankruptcy judge to tap into $31.5 million in Chapter 11 financing, a step company counsel says sets it on th... (more story)
Chief U.S. District Judge Renée Marie Bumb said last week that New Jersey saw the second-most Chapter 11 bankruptcy filings in the nation over the last year — up from sixth the year before — with 16% growth in... (more story)
U.S. Bankruptcy Judge David R. Jones of Texas, who resigned last year after his secret relationship with a Jackson Walker LLP partner was revealed, attempted to head off rumors about the relationship by asking... (more story)
Johnson & Johnson has lost its bid in New Jersey federal court to have the Beasley Allen Law Firm quickly produce documents related to what J&J said seems to be an "intentional effort" by the firm to "bias the... (more story)
The Connecticut Appellate Court on Thursday threw out the six-month suspension of Norm Pattis, the lead attorney in Infowars host Alex Jones' Sandy Hook Elementary School defamation trial, ordering new proceed... (more story)
Cancer patients who have sued Johnson & Johnson alleging that its talcum powder caused their illness alleged Wednesday that the company has tried to intentionally prevent tort victims from getting their day in... (more story)
The First Circuit said public pensioners in Puerto Rico can't advance their claims that UBS Financial Services illegally underwrote $3 billion in bonds, ruling that the island's financial restructuring plan tr... (more story)
Optometry software maker Eye Care Leaders received a Texas bankruptcy court's approval Wednesday to sell its assets to its debtor-in-possession financing lender at a higher purchase price of $14.5 million.
A Texas bankruptcy judge on Wednesday told the general contractor for a liquefied natural gas project co-owned by Exxon Mobil Corp. and QatarEnergy that its Chapter 11 case could go before another judge it had... (more story)
Mid Cap More
A Delaware bankruptcy judge said at a hearing Thursday that she would approve a $290 million credit bid sale of Shoes For Crews to its first-lien lenders after no other bidders emerged for the nonslip shoes retailer.
Modell's Sporting Goods' liquidation trust reached a $22.7 million settlement with the company's former CEO Mitchell Modell and several family-owned, real estate-owning affiliates, which would resolve the trus... (more story)
A team of lawyers from King & Spalding LLP and Berger Singerman LLP are representing seafood restaurant chain Red Lobster in its Florida Chapter 11 case.
Troubled MMA Law Firm PLLC is seeking to stop another firm from representing its bankruptcy creditors, arguing that MMA's principal had previously spoken with the other firm as a prospective client and had sha... (more story)
A D.C. federal judge has entered an injunction barring Rudy Giuliani from repeating lies that two Georgia poll workers meddled with the 2020 presidential election, resolving a second lawsuit the election worke... (more story)
Jackson Lewis PC attorneys were unsure if they were able to keep representing more than a dozen Pennsylvania nursing homes as an unpaid-wage case approaches a critical deadline, telling a federal court during ... (more story)
Chinese investors looking to recoup a nearly $40 million investment in failed developments urged an Illinois federal court against allowing bankrupt developers to use $150,000 in assets to pay the developers' ... (more story)
Cleaning products company Supply Source Enterprises has told a Delaware bankruptcy court that it is seeking a sale in Chapter 11 to deal with $180 million in debt after overestimating the post-pandemic market ... (more story)
A corporation owned by the defendant in a $93 million securities fraud case Wednesday told a Florida bankruptcy judge it has reached a deal to end its Chapter 11 case and sell the multimillion-dollar Coral Gab... (more story)
A Delaware bankruptcy judge said she would approve a prepackaged confirmation plan for Gamida Cell Inc. that would turn the biotechnology company over to its largest creditor.