To access this content, a subscription to Bankruptcy Authority is required.
Meet The Committee Counsel In Eddie Bauer Stores' Ch. 11
A committee of trade creditors is asking permission from a New Jersey bankruptcy judge to hire a trio of Pachulski Stang Ziehl & Jones LLP attorneys to represent the unsecured creditors in the Chapter 11 case of the retailer of the Eddie Bauer brand.
Serta Trial Begins, Texas Judges To Ponder Ch. 7 Exemptions
A Texas bankruptcy court began a trial regarding Serta Simmons Bedding's 2020 "uptier" debt exchange, the Lone Star State's supreme court agreed to weigh in on whether LLCs are exempt from Ch. 7 estates and Prime Core's Chapter 11 trust initiated a $13 million adversary suit.
Meet The Attorneys Advising Cumulus Media In Ch. 11
Cumulus Media has filed for Chapter 11 protection in Texas, kicking off its second bankruptcy in a decade and seeking to slash $600 million of debt from its balance sheet. The debtor enlisted counsel from Paul Weiss Rifkind Wharton & Garrison LLP and Porter Hedges LLP to steer the case.
Meet The Committee Counsel In Eddie Bauer Stores' Ch. 11
A committee of trade creditors is asking permission from a New Jersey bankruptcy judge to hire a trio of Pachulski Stang Ziehl & Jones LLP attorneys to represent the unsecured creditors in the Chapter 11 case of the retailer of the Eddie Bauer brand.
Serta Trial Begins, Texas Judges To Ponder Ch. 7 Exemptions
A Texas bankruptcy court began a trial regarding Serta Simmons Bedding's 2020 "uptier" debt exchange, the Lone Star State's supreme court agreed to weigh in on whether LLCs are exempt from Ch. 7 estates and Prime Core's Chapter 11 trust initiated a $13 million adversary suit.
Meet The Attorneys Advising Cumulus Media In Ch. 11
Cumulus Media has filed for Chapter 11 protection in Texas, kicking off its second bankruptcy in a decade and seeking to slash $600 million of debt from its balance sheet. The debtor enlisted counsel from Paul Weiss Rifkind Wharton & Garrison LLP and Porter Hedges LLP to steer the case.
Expert Analysis
Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn t... (more story)
The recent criminal charges stemming from the Tricolor and First Brands bankruptcy cases may represent a sea chang... (more story)
A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privi... (more story)
Large Cap More
Kirkland & Ellis LLP has hired the former head of the U.S. Department of Justice's Criminal Division, who most recently helped oversee corporate enforcement matters, cases dealing with foreign bribery, fraud, ... (more story)
Convicted venture capitalist and self-described "Silicon Valley's party animal" Michael Rothenberg's conduct in his lawsuit against the Federal Deposit Insurance Corp., acting on behalf of the failed Silicon V... (more story)
A New York bankruptcy judge approved the bidding procedures for the sale of the headquarters of the Roman Catholic Diocese of Buffalo, which includes a $4.5 million stalking horse bid with a leaseback provision.
A group of minority lenders to food producer Del Monte has appealed the green light a New Jersey bankruptcy judge gave to a creditor deal last month, weeks after arguing the agreement forfeited causes of actio... (more story)
The Texas Supreme Court on Friday agreed to help the Fifth Circuit resolve a bankruptcy case appeal by determining if a limited liability company governed by Texas law qualifies as exempt property in a bankruptcy proceeding.
A Texas bankruptcy judge agreed Friday to approve more than $1.6 million in fees for defunct investment platform Linqto's special Chapter 11 counsel from Sullivan & Cromwell, commending the firm's work and ove... (more story)
A Texas Business Court judge ordered two energy companies to split a settlement that resolved a trade secrets case relating to cost-cutting measures taken on a $639 million acquisition of Shell assets, finding... (more story)
Jilted Citgo bidder Gold Reserve Ltd. continues to urge a Delaware federal court to reject a special master's bid for another $15.3 million in fees, saying he hasn't shown he is complying with a court order ai... (more story)
A Delaware bankruptcy judge Thursday conditionally approved the disclosure statement of a U.S. affiliate of Swiss solar panel company Meyer Berger, having canceled a hearing planned for later in the day when t... (more story)
Bankrupt medical transport company Modivcare has objected to its financial adviser AlixPartners LLP's application for nearly $5 million in professional fees for 111 days of work performed in its Chapter 11 cas... (more story)
Mid Cap More
Barnes & Thornburg LLP and former board members for cryptocurrency miner Rhodium Encore LLC balked at Lehotsky Keller Cohn LLP's bid for sanctions in Rhodium's Chapter 11 case, saying they had done nothing wro... (more story)
Cheese producer Rizo-Lopez Foods Inc. told a California bankruptcy judge Monday that it has reached a sale agreement, delaying a motion to convert its case from a Chapter 11 reorganization to a Chapter 7 liquidation.
The owner of two Chicago hotels has filed for Chapter 11 protection in Delaware bankruptcy court with $146.7 million in mortgage debt, saying it's at an impasse with its senior lenders.
Bio-based chemical technology company Viridis has filed for Chapter 11 relief in Texas with more than $17 million in debt, citing cost overruns related to moving its manufacturing plant from Nebraska to Illinois.
A Delaware federal bankruptcy judge approved a $35.7 million sale of assets Monday in the Chapter 11 case of sports gear and golf course design enterprise Nicklaus Cos. LLC, agreeing to a deal that will see af... (more story)
Ziviea, a Florida-based online retailer of compression socks, filed for Chapter 11 protection Friday, reporting more than $6 million of debt and a decline in revenue last year.
A bankruptcy judge in Florida conditionally approved on Thursday a cosmetic company's Chapter 11 plan, granting a proposed reorganization that involves a lender taking over the company in a debt-to-equity transaction.
The Chapter 7 trustee overseeing the California bankruptcies of a family of Chinese citizens, whose creditors alleged they are facing roughly $115 million in overseas judgments, gave the debtors another month ... (more story)
The U.S. government cannot force a Floridian facing a $28 million tax bill to repatriate assets from his trusts because they're governed by Bahamian law and thus the trustee, a Bahamian trust provider, has sol... (more story)
A company that sells foam rollers primarily on Amazon has been ordered to pay $1.1 million in trebled damages and $650,000 in attorney fees to a company it sued seeking a declaration that it could continue sel... (more story)