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Summer Camp Owner Can't Find Atty, Mulls Nixing Ch. 11

One of the brothers behind the insolvent summer camp empire of SIMAD Holdings told the New Jersey bankruptcy court Tuesday his personal Chapter 11 case should be dismissed because he was so deep in debt that c... (more story)

Modivcare, White & Case Settle Ch. 11 Fee Dispute

A Texas bankruptcy judge has approved a deal between Modivcare and advisers to its official committee of unsecured creditors, putting to bed turmoil over the committee's $19 million fee application and a conne... (more story)

Judge Will OK Hughes Satellite Cash Use With Escrow

A Texas bankruptcy judge said Tuesday that he would allow Hughes Satellite Systems Corp., a unit of telecommunications company EchoStar that provides broadband internet services, to use cash collateral if it s... (more story)

Byju's Founder's Bankruptcy Appeal Bid Fails In Del.

A Delaware federal court has denied Byju's founder Byju Raveendran's request to pursue an interlocutory appeal of bankruptcy court rulings in a lawsuit over an alleged $533 million fraudulent transfer of estat... (more story)

Simpson Thacher Highlights PIPE Client's Financial Troubles

The founder of Patriot National Inc. was likely short millions of dollars when it finalized a private investment in public equity transaction at the center of his malpractice case against Simpson Thacher & Bar... (more story)

Spirit Airlines Sells Detroit Airport Hangar Space For $18M

Bankrupt budget airline Spirit Aviation Holdings Inc. received approval Tuesday from a New York judge to sell its hangar space at Detroit's major airport for $18 million, with the airport's owner acquiring the... (more story)

Linqto Customers Can't Force Turnover Of Crypto Co. Shares

A Texas bankruptcy judge rejected motions by Linqto customers that sought an order forcing the investment platform to hand over shares in crypto company Circle Internet Group Inc., ruling that the customers' r... (more story)

Uniroyal Gets Approval For Retiree Committee In Ch.11

A New Jersey bankruptcy judge Monday granted a motion from a legacy unit of defunct tire maker Uniroyal for the creation of a committee of retired employees in its Chapter 11 case to address 35,000 asbestos in... (more story)

Jackson Walker, Trustee Agree On $15M Romance Settlement

Jackson Walker LLP has agreed to pay $15 million and reform its conflicts and disclosure practices to resolve claims brought by the regional U.S. trustee regarding bankruptcy fees approved by a bankruptcy judg... (more story)

Simpson Thacher's PIPE Work Was 'Dogged,' Jury Told

Simpson Thacher & Bartlett LLP did all it could to help Patriot National Inc. and the company's owner and warn them about risks as they pursued a financing deal, a former capital markets attorney told a Florid... (more story)

Mid Cap More

Real Estate Co. Floats December Ch. 11 Auction Of Fla. Apts.

Property investment group Lurin LLC has asked a Texas bankruptcy judge to approve bidding procedures for a St. Petersburg, Florida-based apartment complex, with a lender's $118.6 million credit bid setting the auction floor.

Ex-Dolphin Co. CEO Loses Bid To Derail Ch. 11 In Del.

A Delaware bankruptcy judge rejected a motion to dismiss the Chapter 11 case of an affiliate of dolphin park owner Leisure Investments, finding that the former CEO was wrong to argue that a Mexican court had r... (more story)

Senate Reenacts Small Business, Consumer Debt Limit Hikes

The U.S. Senate passed the Bankruptcy Threshold Adjustment Act of 2026 by unanimous consent, taking steps to make permanent the higher debt limits that apply to small business and consumer debtors first implem... (more story)

Francesca's Can Seek Votes On Ch. 11 Wind-Down Plan

Women's clothing retailer Francesca's can seek votes on its post-sale Chapter 11 liquidation plan after its disclosure statement didn't draw any objections at a hearing in U.S. Bankruptcy Court in New Jersey on Tuesday. 

9th Circ. Won't Revive Google Rival's Antitrust Suit

A panel of the Ninth Circuit has refused to reinstate an ad tech company's allegations that Google harmed market competition for digital advertising by removing a now-defunct advertising app from its Play Store.

Collateral Fight Delays Texas Trucking Co.'s Ch. 11 Docs

A dispute over the location of more than 100 trucks and freight trailers delayed conditional approval of the Chapter 11 plan disclosures of Texas trucking firm Balkan Express on Monday, with equipment financie... (more story)

Mitchell Gold Workers Drop Suit After Bankruptcy Deal

A former employee of high-end North Carolina furniture company Mitchell Gold + Bob Williams has told a federal judge she was ending her lawsuit alleging the employer failed to give adequate notice of layoffs t... (more story)

Catching Up With Delaware's Chancery Court

The Delaware Chancery Court last week tackled disputes involving merger litigation, insider trading allegations, books and records demands, advancement proceedings, fiduciary duties, public benefit corporations and more.

Bath Product Maker Vi-Jon Hits Ch. 11 With $25M Talc Deal

Private-label dry bath product maker Vi-Jon LLC filed for Chapter 11 protection in Delaware with a proposed plan to channel talc injury claims into a trust to be funded by $25 million of cash and the contribut... (more story)

Law360 Names 2026's Top Attorneys Under 40

Law360 is pleased to announce the Rising Stars of 2026, our list of more than 160 attorneys under 40 whose legal accomplishments belie their age.

Expert Analysis

Teaching SEC Investigations Makes Me A Better Lawyer

Instructing a law school course on U.S. Securities and Exchange Commission investigations has made me a more thoug... (more story)

Why The 2nd Circ. Upheld Beneficial Ownership Blockers

The Second Circuit recently held that a properly drafted contractual blocker — which caps an investor's beneficial... (more story)

FDIC Proposals Mark Pullback In Bank Resolution Rules

A recent pair of Federal Deposit Insurance Corp. proposals would fundamentally reshape testing of banks' resolutio... (more story)