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What's Happening In Bankruptcy Court This Coming Week
Bankruptcy judges will guide hearings in the coming days that concern issues including Nikola's Chapter 11 plan and disclosures, a youth mental health provider's plans for a real estate sale, and Rite Aid's proposed lease sales.
Meet The Attorneys Guiding LifeScan's Ch. 11
A team of lawyers from Milbank LLP and Porter Hedges LLP is overseeing the Chapter 11 bankruptcy of LifeScan Global Corp., a blood glucose monitoring device maker, as it seeks to reduce debt through a restructuring plan set for confirmation in September.
How A NJ Clergy Abuse Probe Will Reshape Defense Strategy
The New Jersey Supreme Court has cleared the way for a grand jury to investigate clergy abuse claims, bringing forward a rarely used prosecution tool that experts say will have reverberations on the strategies taken by lawyers representing powerful individuals and institutions even beyond the Catholic Church.
What's Happening In Bankruptcy Court This Coming Week
Bankruptcy judges will guide hearings in the coming days that concern issues including Nikola's Chapter 11 plan and disclosures, a youth mental health provider's plans for a real estate sale, and Rite Aid's proposed lease sales.
Meet The Attorneys Guiding LifeScan's Ch. 11
A team of lawyers from Milbank LLP and Porter Hedges LLP is overseeing the Chapter 11 bankruptcy of LifeScan Global Corp., a blood glucose monitoring device maker, as it seeks to reduce debt through a restructuring plan set for confirmation in September.
How A NJ Clergy Abuse Probe Will Reshape Defense Strategy
The New Jersey Supreme Court has cleared the way for a grand jury to investigate clergy abuse claims, bringing forward a rarely used prosecution tool that experts say will have reverberations on the strategies taken by lawyers representing powerful individuals and institutions even beyond the Catholic Church.
Expert Analysis
A New York bankruptcy court’s recent ruling in favor of a Chapter 7 trustee for the bankruptcy estate of JPR Mecha... (more story)
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Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators... (more story)
As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four for... (more story)
Large Cap More
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including real estate attorney perspectives on the new federal budget, the law firms that guided the biggest deals of ... (more story)
California tomato processors asked a New Jersey bankruptcy judge to compel Del Monte to decide if it will assume or reject packing contracts soon, warning that they could lose millions during the ongoing tomat... (more story)
The former CEO of a defunct barge company has again urged a court to rule that he has standing to sue over a former bankruptcy judge's secret romance with an attorney, writing in a supplemental filing that "ce... (more story)
In his own story as the son of migrant farm workers and the first person of color to lead the South Texas College of Law in Houston, Reynaldo "Rey" Anaya Valencia sees a "vision of where South Texas sees itsel... (more story)
A Delaware bankruptcy judge signed off Friday on furniture retailer At Home's request to borrow up to $600 million in Chapter 11 financing, approving the loan after the debtor resolved an objection from unsecured creditors.
This past week in London has seen the former owner of British oil refinery Prax Group sued following the collapse of his business empire, a unit of Shard Credit Partners target a married couple believed to hav... (more story)
Insolvent hospital operator Steward Health has sued former leaders of the business — including a surgeon who stepped down as CEO last year — in connection to its Chapter 11, alleging they executed a series of ... (more story)
Medicine supplier McKesson Corp. disputed that it has to assign its antitrust claims against drug manufacturers to the bankruptcy trust from the first Chapter 11 case of Rite Aid Corp., which has argued that t... (more story)
A New Jersey federal judge on Thursday denied Johnson & Johnson's bid to remove the Beasley Allen Law Firm from the plaintiffs steering committee in the multidistrict talc litigation but said that changes woul... (more story)
The federal government's bankruptcy watchdog told a Texas federal judge that under the Seventh Amendment, Jackson Walker LLP isn't entitled to a jury trial in its fee dispute stemming from a former bankruptcy ... (more story)
Mid Cap More
A Texas bankruptcy judge Friday approved a reorganization plan for boat and water sports retailer Tommy's Boats filed by its chapter 11 trustee, overruling objections from its former CEO.
The Sixth Circuit refused to reopen a suit from former Ruby Tuesday managers and executives alleging Regions Bank inadequately protected their retirement plan benefits that were liquidated in bankruptcy, concl... (more story)
A Delaware bankruptcy judge Friday approved the uncontested Chapter 11 liquidation plan of plant-based plastic alternative maker Danimer after the company sold its assets in bankruptcy.
The founder of bankrupt apparel technology company CaaStle Inc. defrauded investors out of $300 million, federal prosecutors in Manhattan said Friday, unsealing an indictment charging her with using sham docum... (more story)
The bankrupt organizer of a botched Connecticut music festival known as Capulet Fest has agreed to pay up to $50,000 in restitution to ticket buyers to settle an investigation into possible violations of state... (more story)
A Delaware bankruptcy judge on Thursday converted the Chapter 11 case of One Table Restaurant Brands LLC, which operated restaurant chains Tender Greens and Tocaya, to a Chapter 7 liquidation, saying her conce... (more story)
A New York bankruptcy judge on Thursday extended U.S. recognition to the insolvency proceedings of Brazilian sugar producer and distributor Virgolino de Oliveira SA after hearing the company has won approval f... (more story)
Work wear and healthcare apparel retailer Work N Gear filed an emergency Chapter 11 petition late Wednesday, accusing a creditor of "heartless conduct" in sweeping funds out of accounts set aside to pay employ... (more story)
Cullen and Dykman LLP has told a New York bankruptcy judge there was no conflict of interest preventing Sysorex, an insolvent government information technology company, from retaining the law firm, contending ... (more story)
A Texas bankruptcy judge gave Scanrock Oil & Gas permission Wednesday to send its Chapter 11 plan out for a creditor vote after the hydrocarbon driller answered objections by giving royalty owners a claim on p... (more story)