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Pa. Judge Steps Aside From Case Over Threats To Judges

A Pennsylvania federal judge agreed to step aside from a criminal case involving a man accused of threatening to kill judges after the man pointed out that the jurist had presided over a related bankruptcy matter.

Battery Recycling Co. Set For May Ch. 11 Auction

A Texas bankruptcy judge Friday approved Ascend Elements' expedited timeline for a Chapter 11 auction, after the battery recycling firm reached consensus on reserving the rights of objecting parties.

Nussbaum-Linked Law Firms Hit Ch. 11 Facing Scheme Suits

Two commercial real estate law firms headed by Mark J. Nussbaum filed for Chapter 11 protection in New York, listing at least $353 million in disputed unsecured claims tied to the firms' hard money lending pra... (more story)

Optimum Defends Antitrust Suit Against Apollo, BlackRock

Apollo, Ares, BlackRock and other financial giants are colluding to block Optimum Communications Inc. from negotiating a debt refinancing to avert bankruptcy, acting as a "cartel" and locking Optimum out of cr... (more story)

Judge Agrees To OK Battery Recycler's May Ch. 11 Auction

A Texas bankruptcy judge said Thursday he was inclined to approve Ascend Elements' speedy schedule for a Chapter 11 auction in May but held off on making a ruling to let the battery recycling company continue ... (more story)

Patient Care Ombudsman Named In Inspired Healthcare Ch. 11

The U.S. Trustee's Office has appointed an ombudsman to oversee the care of thousands of residents of retirement homes owned by bankrupt private equity investor Inspired Healthcare Capital.

Multi-Color Wins OK For Ch. 11 Plan Cutting $3.9B In Debt

A New Jersey bankruptcy judge on Thursday confirmed Multi-Color Corp.'s reorganization plan less than three months after the label-maker sought Chapter 11 protection, allowing the company to slash $3.9 billion... (more story)

NJ Judge Clears Eddie Bauer Retail Operator's Ch. 11 Plan

A New Jersey bankruptcy judge said Thursday she would confirm the Chapter 11 liquidation plan from a company operating Eddie Bauer retail stores, following a settlement last month between the debtor and its le... (more story)

QVC Hits Ch. 11 With Prepackaged Plan To Slash $6.6B Debt

QVC Group Inc., the owner of pioneering home shopping television networks, filed for Chapter 11 protection in Texas on Thursday to slash about 80% of its $6.6 billion of debt, after turnaround efforts that cut... (more story)

Oi Noteholders Lose Ch. 15 Bid To Block Sale In Brazil

A New York bankruptcy judge Wednesday declined to stop a sale of telecommunications company Oi's equity stake in a Latin American fiber internet provider, finding it wasn't the role of a Chapter 15 judge to is... (more story)

Mid Cap More

Businessman Denies Duping Council In £150M Solar Deal Row

A businessman has denied owing an effectively bankrupt local English council more than £150 million ($204 million) over a series of failed investments that he allegedly misrepresented and siphoned off for his ... (more story)

Furniture Cos.' $19M Captive Insurance Scam Suit Resumed

A Maryland federal court has resumed a lawsuit accusing a D.C. corporate tax attorney and his former law firm of a $19 million captive insurance scam following notification that the bankruptcy proceedings of t... (more story)

Village Roadshow Ch. 11 Plan Greenlighted After WB Deal

Village Roadshow, the film production company behind "The Matrix" and "Ocean's Eleven," won confirmation of its disclosure statement and liquidation plan Thursday after striking a deal with Warner Bros. Entert... (more story)

NY Bar Assoc. Building Owner Broke Ch. 11 Deal, Lender Says

A lender of the insolvent owner of the historic New York County Lawyers Association Building in Manhattan accused the owner of violating a Chapter 11 settlement and asked a New Jersey bankruptcy judge to reins... (more story)

Fla. Judge Told Ex-CEO Drove Energy Drinks Co. Into Ch. 11

A liquidating trust Wednesday urged a Florida federal bankruptcy judge to hold the former CEO of the company that makes Bang Energy drinks liable for breaching fiduciary duty, arguing that a multimillion-dolla... (more story)

Cinemoi Trustee Moves To Seize $43M Film Library In Ch. 7

The Chapter 7 trustee for bankrupt television network Cinemoi North America on Wednesday asked a California bankruptcy judge to hold the company in contempt for allegedly refusing to turn over a hard drive con... (more story)

Winston & Strawn Must Face $1.7B GloriFi Malpractice Suit

A Chapter 7 malpractice suit brought by the trustee of fintech company GloriFi asserting $1.7 billion in damages from a failed initial public offering mostly survived a motion to dismiss late Tuesday, with a T... (more story)

Jones Day DQ'd From Vanderbilt Case Over Pre-Ch. 11 Work

A New York bankruptcy judge disqualified law firm Jones Day from representing talc producer Vanderbilt Minerals in its Chapter 11 case Wednesday, saying the firm's prior work for the larger Vanderbilt corporat... (more story)

NYC Building Goes Into Ch. 11 To Avoid Foreclosure Sale

A New York company connected to a local property manager filed a Chapter 11 bankruptcy petition for its five-story, mixed-use building in downtown Manhattan, heading off a foreclosure sale that had been schedu... (more story)

Vanderbilt's Jones Day Hire Delayed Over Evidence Additions

A New York bankruptcy judge allowed creditors of bankrupt talc producer Vanderbilt Minerals to supplement the record with additional evidence related to the debtor's proposed hire of the Jones Day firm as its ... (more story)

Expert Analysis

2 Rulings Diverge From Heppner On AI Work-Product Privilege

While a New York federal court’s recent ruling in U.S. v. Heppner suggests that some litigants’ communications wit... (more story)

What A Court Doc Audit Reveals About Erroneous Filings

My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, wit... (more story)

Getting The Most Out Of Learning And Development Programs

Junior associates can better develop the legal, business and interpersonal skills they need for long-term success ... (more story)