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What's Happening In Bankruptcy Court This Coming Week
Coming out of the July Fourth long weekend, bankruptcy judges will consider debtor-in-possession financing requests by solar company Sunnova and fiber developer Tilson, a dispute over trucking firm Yellow Corp.'s Chapter 11 progress, and first-day relief for the Catholic Diocese of Fresno, California.
Sunnova, Wolfspeed Top 2025 Bankruptcies: Midyear Report
Changes and uncertainty in U.S. federal policy have tipped major companies into bankruptcy this year, with residential solar company Sunnova, auto-parts maker Marelli and others blaming aggressive tariffs and shifting tax regulations for their recent financial troubles.
Under The Radar: Bankruptcy News You May Have Missed
A bankruptcy judge approved Village Roadshow's proposal to pay a handful of important employees bonuses to stick around. A brokerage insurer backed a bid for $35.5 million in fees by counsel for the trustee overseeing the Bernie Madoff bankruptcy. A bankruptcy judge threw out media production company Splashlight Holding LLC's Chapter 11.
What's Happening In Bankruptcy Court This Coming Week
Coming out of the July Fourth long weekend, bankruptcy judges will consider debtor-in-possession financing requests by solar company Sunnova and fiber developer Tilson, a dispute over trucking firm Yellow Corp.'s Chapter 11 progress, and first-day relief for the Catholic Diocese of Fresno, California.
Sunnova, Wolfspeed Top 2025 Bankruptcies: Midyear Report
Changes and uncertainty in U.S. federal policy have tipped major companies into bankruptcy this year, with residential solar company Sunnova, auto-parts maker Marelli and others blaming aggressive tariffs and shifting tax regulations for their recent financial troubles.
Under The Radar: Bankruptcy News You May Have Missed
A bankruptcy judge approved Village Roadshow's proposal to pay a handful of important employees bonuses to stick around. A brokerage insurer backed a bid for $35.5 million in fees by counsel for the trustee overseeing the Bernie Madoff bankruptcy. A bankruptcy judge threw out media production company Splashlight Holding LLC's Chapter 11.
Expert Analysis
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South America's second-largest airline Avianca on Thursday took a fight stemming from its 2020 bankruptcy to the U.S. Supreme Court, asking the justices to resolve a circuit split over the question of when a C... (more story)
A New Jersey bankruptcy judge has abstained from ruling on a motion to dismiss an adversary lawsuit brought by genetic testing company Natera against bankrupt competitor Invitae over a 2024 asset purchase, say... (more story)
Objections to hospital operator Steward Healthcare's Chapter 11 plan piled up, as parties including Humana Insurance Co. and Blue Cross and Blue Shield of Massachusetts Inc. opposed its injunction provisions.
It was a tough term at the U.S. Supreme Court for two very different circuits — one solidly liberal, one solidly conservative — that had their rulings overturned in eye-popping numbers. But it was another impr... (more story)
Boy Scouts of America has so far transferred nearly $164 million to sexual abuse survivors, according to a monthly report released by the organization's settlement trust.
The U.S. Supreme Court voted along ideological lines when it hindered the ability of federal district court judges to issue nationwide pauses on presidential policies, but that outcome didn't seem like a foreg... (more story)
The estate of defunct cryptocurrency exchange FTX has asked a Delaware bankruptcy judge to approve procedures for handling distributions to claimants in 49 countries with laws or regulations that it said could... (more story)
The number of law firms juggling three or more arguments before the U.S. Supreme Court this past term nearly doubled from the number of firms that could make that claim last term.
The U.S. Supreme Court once again waited until the term's closing weeks — and even hours — to issue some of its most anticipated and divided decisions.
As he prepared to take over as Richards Layton & Finger PA's president this week, Paul N. Heath told Law360 Pulse that he aims to ensure the firm maintains its place as a leader in Delaware's legal marketplace... (more story)
Mid Cap More
A New York City landlord sued Walmart Inc. and the bankruptcy successor to Bonobos Inc. in Delaware's Court of Chancery late Thursday, asserting hundreds of million in claims and compensatory and punitive dama... (more story)
The U.S. Trustee's Office and the largest creditor of Firstbase.io urged a New York bankruptcy judge to reject three law firms' applications for $1.2 million in legal fees, arguing the bankrupt business servic... (more story)
A Texas bankruptcy judge on Thursday gave a media company permission to draw on a Chapter 11 loan from its founder, television personality Phil McGraw, and set a short schedule for a hearing on an attempt to c... (more story)
A law firm has accused a New Jersey lawyer who is suing it in a complex fee dispute of filing a vexatious complaint designed to chill its legal work and gain an advantage in separate ongoing cases.
Dolphin encounter company Leisure Investments Holdings LLC asked a Delaware bankruptcy court to give it leave to begin marketing its many assets around the globe, saying it has gained "some measure of control"... (more story)
Disbarred attorney Tom Girardi asked a California federal judge on Wednesday to remain free on bond while he appeals his wire fraud conviction, saying he's not a flight risk or danger to the community and ther... (more story)
A media company founded and partially controlled by the television personality known as Dr. Phil filed for Chapter 11 protection in Texas bankruptcy court Wednesday, disclosing more than $100 million in liabil... (more story)
A New York bankruptcy judge on Wednesday approved the conversion of the Chapter 11 case of Colombian consumer lending giant Credivalores-Crediservicios to a Chapter 7 liquidation, following requests from the O... (more story)
In the first half of the year, the U.S. Supreme Court barred a defunct transportation company's bankruptcy trustee from clawing back federal taxes and prevented the U.S. Tax Court from reviewing a collection d... (more story)
A Delaware bankruptcy judge said he would grant interim approval to a $5 million debtor-in-possession loan for Charter School Capital Inc., a company that provides funding for charter schools across the countr... (more story)