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Expert Analysis

AI-Generated Doc Ruling Guides Attys On Privilege Risks

A New York federal court's ruling, in U.S. v. Heppner, that documents created by a defendant using an artificial i... (more story)

The Law Firm Merger Diaries: Leadership Strategy After Day 1

For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operat... (more story)

Law School's Missed Lessons: What Cross-Selling Truly Takes

Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling ... (more story)

Large Cap More

Jefferies Faces Investor Fraud Suit Tied To First Brands Crash

Jefferies Financial Group investors accused the financial services firm of misrepresenting the safeguards of a fund linked to now-bankrupt auto parts maker First Brands Group in order to secure their $25 milli... (more story)

DCG Crypto Class Action Proceeds, But State Law Claims Cut

Digital Currency Group must face a proposed class action accusing it of trying to conceal a $1.1 billion debt crisis from lenders through a "sham transaction" with its crypto-lending subsidiary, but a Connecti... (more story)

Lender In Fla. High-Rise Dispute Says $70M Loan Wasn't 'Free'

A lender urged a Florida bankruptcy court on Wednesday to end an adversary proceeding alleging that it fraudulently induced the holder of a downtown Miami high-rise plot to accept the terms of a $70 million lo... (more story)

Levona Wants Permanent Injunction In Eletson Gas Spat

Levona Holdings urged a New York district court to permanently bar the former majority shareholders of Eletson Gas from exercising any control over the company or interfering with Levona's ownership of the pre... (more story)

Porta-Potty Co. Sees Quick Ch. 11 Exit After Plan Confirmed

Porta-potty provider United Site Services Inc. is on track to exit bankruptcy later this week after a New Jersey bankruptcy judge confirmed its Chapter 11 plan with opt-out third-party releases intact, over th... (more story)

Genesis Scores OK For $105M In New Ch. 11 Financing

A Texas bankruptcy judge on Wednesday gave Genesis Healthcare permission to take out up to $105 million in new Chapter 11 financing to keep the nursing home group operating until it can close its asset sale.

Conn. Insurance Chief Fights Intervention In Liquidation Row

Connecticut's interim insurance commissioner urged a state court not to allow a pair of universal life policyholders that are over a $300,000 cap on death benefits to intervene in his plan to liquidate a strug... (more story)

Judge Says 'Error' Kept Mallinckrodt Execs In Investor Suit

Two former Mallinckrodt executives have escaped the only remaining claims they faced in an investor suit tied to the company's 2023 bankruptcy and share cancellations after a New Jersey federal judge said he m... (more story)

High Court Won't Stay Dow Corning Breast Implant Fund Row

The U.S. Supreme Court on Tuesday denied a request to stay a lower court's order permanently wiping out the claims of more than 2,600 Koreans who said they were failed by how the settlement was structured, as ... (more story)

Office Building REIT OK To Take Votes On $1.1B Debt-Cut Plan

A Texas bankruptcy judge on Tuesday said he would allow Office Properties Income Trust to solicit votes on a Chapter 11 plan that would let the company cut about $1.1 billion in debt, reserving creditor object... (more story)

Mid Cap More

Bankruptcy Judge Picks Creditor's Ch. 11 Plan Over Debtor's

A New York bankruptcy judge approved a secured creditor's disclosure statement instead of the debtor's in the Chapter 11 case of a New Mexico industrial building owner, ruling that the principle of giving prim... (more story)

Fiber Co. Tilson's Chapter 11 Dismissed Following Asset Sales

A Delaware bankruptcy judge agreed Wednesday to dismiss fiber network developer Tilson Technology Management Inc.'s Chapter 11, after the debtor and its creditors said the balance of its secured debt eclipses ... (more story)

IronNet Aims To Close Out Ch. 11 With New Merger Funds

IronNet plans to use funding from a recently announced merger to officially close its Chapter 11 more than two years after the cybersecurity firm confirmed a reorganization plan, attorneys told a Delaware bank... (more story)

Former Philly Hospital Operator's Ch. 11 Wind-Down Gets OK

A Delaware bankruptcy judge on Wednesday signed off on the Chapter 11 liquidation plan of Center City Healthcare, the former operator of two Philadelphia hospitals, allowing the debtor to wind down its affairs... (more story)

NC Judge Tosses 'Zombie Mortgage' Debt Collection Suit

A mortgage loan servicer and a trust succeeded in getting tossed a proposed class action brought by a North Carolina couple who claimed the entities tried to unlawfully collect interest and fees on their mortg... (more story)

A 'Bank Is A Bank': Lender Denies Aiding $100M Trust Fraud

A Texas bank sought to dismiss an adversary complaint alleging it helped a nonprofit founder defraud a special needs trust out of $100 million, telling a Florida federal bankruptcy court Tuesday the lawsuit do... (more story)

Theme Park Urges Lift Of Ch. 11 Stay To Appeal $116M Verdict

The owner of Colorado's Glenwood Caverns Adventure Park has asked a Delaware bankruptcy judge to partially lift bankruptcy's automatic stay so it can appeal a $116 million wrongful death judgment that sent it into Chapter 11.

Natural Gas Biz Axip Gets OK To Tap $32M In Ch. 11 Funds

Natural gas compression company Axip secured a Texas bankruptcy judge's permission Tuesday to borrow about $32.4 million of a roughly $105 million Chapter 11 financing package to support its effort to sell assets.

PosiGen Gets OK For Ch. 11 Wind-Down Plan

A Texas bankruptcy judge Monday approved solar panel leasing firm PosiGen's wind-down Chapter 11 plan after the company said it modified its third-party release provisions to conform to a federal district cour... (more story)

Bankruptcy Watchdog Appeals Stoli's Ch. 11 Trustee Order

The U.S. bankruptcy watchdog appealed orders approving Stoli's use of cash collateral and appointing a Chapter 11 trustee to oversee the bankrupt liquor group.