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What's Happening In Bankruptcy Court This Coming Week
During the last week of July, bankruptcy judges will guide hearings that concern issues including confirmation of medical technology company Accelerate Diagnostics' Chapter 11 plan, converting hotel operator MOM CA's bankruptcy case to Chapter 7 and battery recycler Li-Cycle's request for approval of dismissal procedures.

Debt Burdens, Revenue Drop Led Pet Care App Wag! To Ch. 11
Persistent unprofitability, revenue declines related to the COVID-19 pandemic, mounting debt and failed restructuring efforts led the company behind pet care app Wag! to file for bankruptcy.

Data Privacy A Growing Concern In Bankruptcies, Panel Says
A panel discussion hosted by the New York City Bar Association touched on data privacy in bankruptcy cases in the wake of 23andMe’s contentious Chapter 11.
Large Cap More
Jackson Walker LLP has reached a $485,000 settlement with two former bankruptcy clients to resolve a dispute related to the concealed romance of a former partner and former Texas bankruptcy judge David R. Jone... (more story)
Benjamin Beller of Sullivan & Cromwell LLP helped defunct cryptocurrency exchange FTX through its Chapter 11 case and its disputes with other crypto debtors that culminated in a $14 billion-plus reorganization... (more story)
A Texas bankruptcy judge on Monday signed off on renewable fuel producer Global Clean Energy Holdings Inc.'s plan to give control of the company to lenders and engineering firm CTCI, approving a Chapter 11 dea... (more story)
A special master found Monday there is no reason to believe third-party funders are influencing Beasley Allen Law Firm's decisions in a massive talc litigation in New Jersey, defeating a subpoena from Johnson ... (more story)
A Delaware vice chancellor last week sent several coordinated derivative suits seeking millions of dollars in damages from AT&T to trial and also chose a boutique firm to lead a potential "blockbuster" suit ch... (more story)
A Manhattan federal judge said Monday he will investigate an allegation by crypto lobbyist Michelle Bond that she was charged with campaign finance crimes despite a promise that a guilty plea by her husband, f... (more story)
A Texas bankruptcy judge Friday ruled that creditors who elected to give releases to non-debtor third parties under prison health care group Wellpath's Chapter 11 plan were not entitled to a release of claims ... (more story)
The bankruptcy plan administrator for failed cryptocurrency platform Terraform Labs has accused Dentons US LLP of blocking his discovery requests in an attempt to secure final approval of some $25 million in f... (more story)
The U.S. Trustee's Office and the U.S. government have asked a Delaware bankruptcy judge to deny satellite communications company Ligado Networks' proposed Chapter 11 reorganization plan, arguing that it impro... (more story)
Everstream Solutions LLC, a business fiber network provider, has asked a Texas bankruptcy judge to approve the sale of its assets to Bluebird MidWest LLC, which submitted the winning $384.6 million bid in an a... (more story)
Mid Cap More
Desktop Metal, a 3D printer designer, filed for Chapter 11 bankruptcy in Texas Monday four months after a Delaware lawsuit forced manufacturing technology group Nano Dimension to complete its $183 million acqu... (more story)
The Office of the U.S. Trustee has appointed five members to the official committee of unsecured creditors in the Chapter 11 case of Maverick Gaming LLC, a company that runs casinos and other gambling venues.
Gift wrap manufacturing giant IG Design Group Americas Inc. has called upon a team of attorneys from Latham & Watkins LLP to help the debtor find a buyer for its assets and wind down in Chapter 11.
Valves and Controls US Inc. filed for Chapter 11 protection in Delaware Friday with between $100 million and $500 million in estimated liabilities, saying it is facing more than 2,000 asbestos claims it is pla... (more story)
A federal bankruptcy judge in New York on Friday explained his decision to move the Chapter 11 case of a Detroit hospital developer from his courtroom to Michigan, saying that considerations including the conv... (more story)
A Delaware bankruptcy judge on Friday allowed Charter School Capital Inc., a company that provides funding for charter schools across the country, to sell its business for $80 million, $15.5 million of that in cash.
A company that owns an apartment building in California's Central Coast region has launched a Chapter 11 case with between $50 million and $100 million each in assets and liabilities.
A Delaware bankruptcy judge has approved broadband infrastructure developer Tilson Technology Management Inc.'s plans to hold a Chapter 11 auction for its assets in September as it looks for a stalking-horse bidder.
Fiber network developer Tilson Technology Management Inc. has filed a lawsuit in Texas against joint venture Gigapower LLC, alleging wrongful breach of contract tied to large-scale infrastructure projects that... (more story)
The IRS can impose a lien on an Arizona residential property held by a religious organization to collect unpaid taxes owed by a bankrupt couple who had decision-making authority over the entity's finances and ... (more story)