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Under The Radar: Bankruptcy News You May Have Missed
Democratic lawmakers urged a Texas bankruptcy judge to appoint an examiner to look into Genesis Healthcare's proposed sale, a Delaware bankruptcy judge said damages against the founder of Indian tech giant Byju's will be considered in January, and a New York federal judge said pretrial proceedings in a clawback action against 174 former customers of crypto platform Celsius Network belong in bankruptcy court.
Meet The Incoming SDNY Bankruptcy Judge Shireen Barday
A commercial litigator who has represented a long list of clients in complex cases — from Lehman Brothers, Facebook, institutional investors and drug developers to LGBTQ+ rights organizations in high stakes appellate cases — will join the bankruptcy bench in New York early next year.
Meet The Attys Steering Canadian Gas Co.'s Ch. 15
A team of attorneys from Pachulski Stang Ziehl & Jones LLP is guiding Canacol Energy Ltd., a Canadian company that drills for and explores natural gas in Colombia, through the Chapter 15 pipeline.
Large Cap More
US Magnesium will appear for a conversion hearing while requesting approval of $10 million debtor-in-possession financing. Meanwhile, solar developer Pine Gate Renewables will ask a judge to sign off on its as... (more story)
Struggling auto parts maker First Brands said on Friday it needs quick access to $250 million in cash that's being held by customers or stuck in segregated accounts, telling a Texas bankruptcy judge a decline ... (more story)
The Roman Catholic Diocese of Oakland Thursday submitted a term sheet for a plan to create a $242 million settlement trust for sexual abuse claims ahead of a deadline that could have seen the dismissal of the ... (more story)
A Connecticut appeals court on Friday upheld the two-week suspension of former Alex Jones lawyer Norm Pattis, agreeing that a trial court judge was within her discretion to bench the attorney over his law firm... (more story)
Wind company TPI Composites Inc. has asked a Texas bankruptcy judge to promptly approve a settlement with its senior lender and creditors committee, saying the deal will wrap up costly litigation and give the ... (more story)
A New York bankruptcy judge said Friday he would toss an objection the U.S. Trustee's Office had raised against Brazilian airline Azul's third-party releases, clearing a key hurdle to confirmation of the debto... (more story)
Medical transportation company Modivcare entreated a Texas bankruptcy judge on Thursday to approve its Chapter 11 reorganization while the official committee of unsecured creditors contended the plan was fatal... (more story)
A Texas bankruptcy judge decided Thursday she would restart the auction process in the bankruptcy of nursing home company Genesis Healthcare Inc., saying she wasn't convinced the first attempt had been fair.
A Florida bankruptcy judge confirmed Thursday the Chapter 11 plan for the owners of a prized piece of land proposed for a high-rise construction along the skyline of downtown Miami that could be worth more tha... (more story)
A Florida federal judge said Thursday that he wants to get to the bottom of the authenticity of operating agreements for two companies associated with the Miss America pageant filed in court in a $500 million ... (more story)
Mid Cap More
A California bankruptcy judge on Thursday granted interim approval for Oroville Hospital's $16 million debtor-in-possession financing from its master trustee, which would help the hospital navigate its Chapter... (more story)
U.S. District Judge William Alsup on Thursday denied the U.S. Department of Education's request for an 18-month extension to process over 200,000 loan cancellation applications for students claiming they were ... (more story)
Bankrupt casino operator Maverick Gaming has asked a Texas bankruptcy court to approve a settlement it reached with its secured lenders and Blue Owl Capital Inc. after its Chapter 11 sale process failed to gen... (more story)
Grand Slam Track, a professional track and field league started by Olympic sprinting champion Michael Johnson, filed for Chapter 11 protections in Delaware Thursday with up to $50 million in liabilities.
A large shareholder of Lucky Bucks Holdings LLC told a Delaware bankruptcy judge Wednesday that claims against it related to $240 million in prepetition dividend payments should be tossed because the Chapter 7... (more story)
A Texas bankruptcy judge has found that a directors and officers liability insurer was wrong to refuse a reasonable $4.65 million settlement demand from the trustee overseeing the wind-down of former cryptocur... (more story)
In questioning counsel for an insolvent Dutch insurance company trying to confirm a $166 million arbitral award against convicted insurance mogul Greg Lindberg, two Fourth Circuit judges quipped the insurer li... (more story)
Wells Fargo is seeking to shed claims in Texas federal court alleging it turned a blind eye to a convicted former attorney's misuse of client funds held in accounts at the bank, arguing that the victims of the... (more story)
An entity affiliated with the former CEO of electric-truck maker Nikola has urged a Delaware bankruptcy judge to undo an August asset sale, saying the transaction was conducted unfairly and that it is now will... (more story)
Biotechnology investor Apple Tree Life Sciences Inc. and affiliates filed for Chapter 11 protection in Delaware bankruptcy court, days after a Chancery Court judge ordered a Russian billionaire who partnered w... (more story)