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Dish Bankruptcy Puts Disney's Sling TV Suit On Hold

A New York federal judge has paused Disney's suit accusing Dish Network of improperly offering Sling TV to its subscribers, in order to allow Dish to resolve its bankruptcy issues in Texas, with the judge orde... (more story)

Judge Warns Of 'Bankruptcy Tourism' In NFE Ch. 15 Ruling

A New York bankruptcy judge has expressed concerns about "bankruptcy tourism" by U.S. companies that launch overseas insolvency cases then begin Chapter 15 proceedings stateside, saying in a ruling granting re... (more story)

Limetree Refinery Cos. Reach $35M Deal In Toxic Leak Action

Affiliates of the former operator of a U.S. Virgin Islands oil refinery have reached a $35 million settlement of proposed class action claims from local residents concerning water contamination from oil releas... (more story)

Simpson Thacher Put Co. Out Of Business, Jury Told

Simpson Thacher & Bartlett LLP put an insurance services company out of business with a poorly constructed private securities offering, the company's founder told a Florida state jury Wednesday in opening argu... (more story)

Pa. Jury Acquits Man Accused Of Threatening Judges

A Pennsylvania federal jury found Wednesday that a man accused of threatening to kill judges is not guilty.

US Trustee Challenges Sleep Number Staff Retention Plan

The U.S. Trustee's Office has urged a New York bankruptcy judge to reject troubled mattress company Sleep Number's proposal to retain certain employees, saying a buyer is likely to keep them anyway.

First Brands Seeks OK To End Retirement Benefits In Ch. 11

Car parts giant First Brands Group told a Texas bankruptcy judge that it can't keep paying retired employee benefits past the end of July under its Chapter 11 budget, and asked for authority to stop covering l... (more story)

Brazil Cancer Treatment Co. To Restructure $1B Debt

Oncoclínicas do Brasil Servicos Medicos SA, the owner of a number of cancer clinics across Brazil, has announced it is entering into an out-of-court restructuring to address 5.1 billion reais ($1 billion) in unsecured debt.

Weil Appoints Its First Global Chair Of Restructuring

Weil Gotshal & Manges LLP announced on Wednesday that U.S. restructuring co-chair Matt Barr will assume the newly created role of global restructuring chair.

Silicon Valley Bank Ignored BlackRock's Advice, Judge Hears

Silicon Valley Bank disregarded advice from BlackRock's investment advisory firm suggesting the bank reduce the amount of its long-term mortgage-backed securities, the bank's former treasurer acknowledged Tues... (more story)

Mid Cap More

Judge Says Washington City Filed Ch. 9 In Good Faith

A bankruptcy judge has ruled a small city in central Washington did not act in bad faith when it sought Chapter 9 protection after a dispute with a developer left it facing a $26 million judgment.

New Jersey AG Targets Pa. Ghost Gun Kit Seller

In a bid to stop the flow of untraceable firearms into the Garden State, New Jersey Attorney General Jennifer Davenport announced Wednesday that her office sued a Pennsylvania man alleged to be one of the larg... (more story)

Ascend Elements Cleared For Ch. 11 Plan Vote

A Texas bankruptcy judge gave battery recycler Ascend Elements the all clear Wednesday to take a vote on its Chapter 11 liquidation plan.

4th Circ. Sends $166M Arbitral Judgment Back To Trial Court

The Fourth Circuit ruled Tuesday that a trial court must determine if a $166 million arbitral award against convicted insurance mogul Greg Lindberg can stand under North Carolina law, reversing a lower court's... (more story)

Dolphin Park Co. Slams Ex-CEO's Ch. 11 Dismissal Bid

Dolphin park owner Leisure Investments has asked a Delaware bankruptcy judge to reject a motion its onetime CEO filed seeking dismissal of the company's bankruptcy case, contending he grossly misrepresented th... (more story)

Alex Jones' Co. Balks At Sandy Hook Victims' Stay Appeal

Right-wing conspiracy theorist Alex Jones' media company has urged the Texas Supreme Court to reject a bid by victims of the Sandy Hook Elementary School shooting to license his website, Infowars, to The Onion... (more story)

Bike Seller Says IRS' Undervaluation Caused $3M Deficiency

A California bicycle seller told the U.S. Tax Court that the IRS' faulty appraisal of its value caused the agency to mischaracterize a transaction with its parent company as a discharge of indebtedness and a $... (more story)

Watchmaker E. Gluck Gets OK For Ch. 11 Liquidation Plan

A New York bankruptcy judge Tuesday gave final approval to watch designer and manufacturer E. Gluck's Chapter 11 liquidation plan, setting it up to exit a bankruptcy that followed shifting consumer demand and ... (more story)

US Trustee Flags Adviser Releases In Mining Co.'s Ch. 11

The Department of Justice's bankruptcy watchdog urged a Delaware bankruptcy judge to reject mining operation Searles Valley Minerals' bid to hire Ankura as its restructuring adviser, saying its engagement lett... (more story)

Inotiv Gets Judge's OK For Ch. 11 Plan, Disclosure

A Texas bankruptcy judge Tuesday gave final approval to drug research and development company Inotiv Inc.'s Chapter 11 plan disclosure statement, as well as his permission to implement the plan.

Expert Analysis

How State, Local Rules Are Expanding Debt Collection Reach

Consumer protection rules recently enacted by several states signal that the rules of debt collection are being re... (more story)

How Ch. 11 Debtors Can Stop MCA Receivables Raids

Approximately 42 merchant cash advance lenders are involved in the recently filed Chapter 11 bankruptcy of SIMAD H... (more story)

5 Rulings Clarify Limits On Chapter 15 Public Policy Exception

Recent bankruptcy decisions from New York and Delaware federal courts distinguish between relief a U.S. bankruptcy... (more story)