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Superfund Dispute Helped Lead US Magnesium To Ch. 11
A long-running dispute with state and federal regulators over cleanup of a Superfund site next to Utah's Great Salt Lake was a major contributor to U.S. Magnesium's Chapter 11 filing earlier this month, more than 20 years after it acquired its predecessor during its bankruptcy.

Catching Up With New Bankruptcy Case Action
A CVS Health pharmacy services subsidiary entered bankruptcy after a court entered a $949 million judgment against it. Biotechnology company ProPhase put three of its COVID-19 laboratory testing subsidiaries in Chapter 11. And a California cheesemaker filed for Chapter 11 protection after listeria contamination left the company facing more than $74 million in legal liability.

Meet The Attorneys Guiding Calif. Cheesemaker's Ch. 11
A team of lawyers from McCormick Barstow Sheppard Wayte & Carruth LLP and Quarles & Brady LLP is leading the bankruptcy case of California-based cheesemaker Rizo-Lopez Food Inc., as the company is seeking to restructure debt stemming from a recall of contaminated cheese.
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Omnicare, CVS Health's subsidiary that provides pharmacy services for long-term care facilities, has enlisted the help of attorneys from Haynes Boone and Jenner & Block LLP to see it through the bankruptcy it ... (more story)
Spirit Airlines urged a New York bankruptcy court Tuesday to approve a global resolution the company reached with AerCap, its largest lessor, that could be a major step forward for the budget airline's riskier... (more story)
A federal judge in North Carolina has dismissed prison healthcare provider Wellpath from a lawsuit brought by the family of a man who died of a stroke inside a Charlotte jail, finding that the company's bankru... (more story)
The recovery trust created under FTX's Chapter 11 plan has filed a lawsuit in Delaware bankruptcy court that aims to claw back more than $1 billion that FTX's founder invested in Genesis Digital Assets Ltd., a... (more story)
The top appeals court for U.K. overseas territories has endorsed a successful U.S. appeal brought by the liquidator of an overseas Bernard L. Madoff feeder fund to undo its allegedly imprudent sale of its $230... (more story)
A New York bankruptcy judge said Tuesday he will shortly issue a ruling that a 2024 agreement between cryptocurrency exchange Gemini and bankrupt crypto lender Genesis Global allows Gemini customers to pursue ... (more story)
The U.S. Chamber of Commerce and other business organizations are supporting Johnson & Johnson's call for the full Third Circuit to reconsider a ruling that the groups argue could "saddle" companies with inves... (more story)
Bankrupt budget air carrier Spirit Airlines will furlough one-third of its flight attendants in the coming months as it aims to cut costs in its bankruptcy, Spirit confirmed Monday.
A Delaware bankruptcy judge Monday agreed to approve telecommunications group Ligado Networks' debt-for-equity swap Chapter 11 plan, overruling the U.S. Trustee's objection over the plan potentially not taking... (more story)
A Delaware bankruptcy judge Monday said he was prepared to accept a revised proposed Chapter 11 plan for cosmetics giant Avon with a few more changes, largely rejecting new wording proposed by objecting insurers.
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Expiring Obama-era cybersecurity legislation, U.K. charges for 'Scattered Spider' breach, and the challenges of 23andMe's bankruptcy. Law360 looks at the week in cybersecurity developments affecting the healthcare industry.
"Dr. Phil" McGraw testified Tuesday in Texas bankruptcy court that he sought control of his joint venture with Trinity Broadcasting last year because his partner had "abandoned" the venture's mission and faile... (more story)
A New York federal judge has ruled that a group of former shareholders of Eletson Holdings have no standing to appeal an order consummating the shipping company's Chapter 11 plan and no grounds to appeal sanct... (more story)
A single-asset real estate firm that owns an office building in the Denver Technological Center, or DTC, filed for Chapter 11 and faces a request for a receiver over the building it owns after it defaulted on ... (more story)
Online furniture retailer Walker Edison told a Delaware bankruptcy judge Tuesday it was close to a deal with unsecured creditors, lenders and other parties to share in proceeds from a sale of its assets, but t... (more story)
A Delaware bankruptcy judge on Tuesday greenlit the conversion of the Chapter 11 case of high-protein soybean developer Benson Hill Inc. to a Chapter 7 liquidation, after the company sold its business in May.
The president of Trinity Broadcasting Network testified Monday in Texas bankruptcy court that the "Dr. Phil Show" never made any money for the network despite assurances from the show's star that it would star... (more story)
A Delaware bankruptcy judge on Monday agreed to allow insolvent luxury tile supplier Mosaic Cos. to send its Chapter 11 plan out for a creditor vote, clearing another hurdle on its path to a lender settlement and liquidation.
Three former members of the Financial Oversight and Management Board for Puerto Rico have sued the Trump administration alleging they were illegally fired without cause last month, asking a judge to block the ... (more story)
Disgraced attorney Tom Girardi will have to wait in prison while he appeals his wire fraud conviction for stealing from his own clients, a California federal judge has ruled.