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Claire's Urges Ok For Plan In 'Remarkably Successful' Ch. 11
Jewelry retailer Claire's urged a Delaware bankruptcy judge Wednesday to confirm its Chapter 11 plan, saying its bankruptcy had been "remarkably successful," and it intends to resolve the only objection to its plan before the decisive hearing.
Meet The Attys For JKL's Liquidators In Ch. 15 Bid
The liquidators for British Virgin Islands-based cryptocurrency investment firm JKL Digital Capital Ltd. have tapped attorneys from Seward & Kissel LLP to chart its route to Chapter 15 recognition in New York.
Calif. Wildfire, Debt Burden Led Image Locations To Ch. 11
A California wildfire in January, the shutdown of filming during the COVID-19 pandemic, two historic entertainment industry strikes by writers and actors, and the burden of high-interest merchant cash advances combined to lead Image Locations Inc. to file for small-business Chapter 11 protection this month.
Claire's Urges Ok For Plan In 'Remarkably Successful' Ch. 11
Jewelry retailer Claire's urged a Delaware bankruptcy judge Wednesday to confirm its Chapter 11 plan, saying its bankruptcy had been "remarkably successful," and it intends to resolve the only objection to its plan before the decisive hearing.
Meet The Attys For JKL's Liquidators In Ch. 15 Bid
The liquidators for British Virgin Islands-based cryptocurrency investment firm JKL Digital Capital Ltd. have tapped attorneys from Seward & Kissel LLP to chart its route to Chapter 15 recognition in New York.
Calif. Wildfire, Debt Burden Led Image Locations To Ch. 11
A California wildfire in January, the shutdown of filming during the COVID-19 pandemic, two historic entertainment industry strikes by writers and actors, and the burden of high-interest merchant cash advances combined to lead Image Locations Inc. to file for small-business Chapter 11 protection this month.
Expert Analysis
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Large Cap More
A Texas bankruptcy judge on Thursday blocked a bid by the U.S. Department of Health and Human Services' Centers for Medicare and Medicaid Services to cut off payments for one of Genesis Healthcare's skilled nu... (more story)
The Second Circuit declined to revisit a ruling that about 300 clawback suits tied to Bernie Madoff should be dismissed. The American Bankruptcy Institute wrote the U.S. Congress to explain benefits of changin... (more story)
Connecticut appellate judges expressed skepticism Thursday that an attorney who previously represented conspiracy theorist Alex Jones can avoid serving the remainder of a two-week suspension, voicing doubt tha... (more story)
A Delaware bankruptcy judge told FTX's recovery trust Thursday it was too early in proposing restrictive jurisdiction procedures that would allow it to deny claims payable to creditors in countries with tight ... (more story)
It's a good thing she's an endurance runner. In a little over a year as chief legal and administrative officer of WW International Inc., better known as WeightWatchers, a very busy Jacquie Cooke has helped nav... (more story)
Bankruptcy claims agent Kroll Restructuring Administration LLC has asked a Texas federal judge to transfer or sink a proposed class action over a data breach that affected creditors of FTX Trading Ltd., BlockF... (more story)
Ruskin Moscou Faltischek PC asked a New York bankruptcy judge to let it withdraw as counsel for Alex Mashinsky, a co-founder of defunct cryptocurrency firm Celsius who recently began a 12-year prison sentence,... (more story)
The Sixth Circuit has upheld the dismissal of a suit claiming former executives of Lordstown Motors Corp. misled investors about the state of a partnership with Foxconn Technology Group, finding leaders' optim... (more story)
Purdue Pharma LP told a New York bankruptcy judge on Wednesday it is concerned a recent objection to its Chapter 11 plan brought by the city of Baltimore could disrupt its case just weeks before the drugmaker ... (more story)
Subprime auto loan company PrimaLend Capital Partners LP filed for Chapter 11 in Texas bankruptcy court Wednesday, listing more than $100 million in debt and saying that it is pursuing a value-maximizing sale transaction.
Mid Cap More
Two companies affiliated with the former Hudson Hotel near Manhattan's Columbus Circle have filed for Chapter 11 protection in Delaware, listing between $100 million and $500 million each in both assets and liabilities.
Business services company Firstbase.io urged a New York bankruptcy judge Thursday to reject an equity-swap Chapter 11 plan proposed by a creditor, arguing the debtor should be allowed additional time to court ... (more story)
A team of lawyers from Spencer Fane LLP is representing subprime auto loan company PrimaLend Capital Partners LP in its Chapter 11 case as the company pursues a value-maximizing sale transaction.
A Delaware bankruptcy judge approved the Chapter 11 liquidation plan from Heritage Coal after the debtor removed releases and exculpations for insiders.
A Delaware bankruptcy judge Wednesday approved a settlement between the owner of the Brooklyn Mirage music venue and its unsecured creditors and allowed it to go forward with a Chapter 11 auction of its assets.
A Texas appellate court wiped away a $64 million award to the subsidiary of a Dallas investment company following alleged fraud by Credit Suisse surrounding lending for a luxury Nevada community, saying the lo... (more story)
A Texas bankruptcy judge approved a $69 million going concern sale of assets for heavy-equipment rental company Worldwide Machinery Group on Wednesday after the proposed buyers increased their offer to avoid a... (more story)
Counsel for Stoli Group USA said the bankrupt vodka maker has exchanged term sheets with its secured lender Fifth Third Bank as it seeks to find a path toward an updated Chapter 11 plan following the rejection... (more story)
Las Vegas-based Electric Playhouse, a high-tech gaming and dining center inside the mall at the world-renowned Caesars Palace resort, filed for Chapter 11 bankruptcy protection in Nevada, facing a pending evic... (more story)
The Fifth Circuit revived an oil and gas producer's suit seeking coverage for a settlement it reached with a bankrupt oilfield services firm over faulty cement, saying a Texas federal court incorrectly tossed ... (more story)