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Meet The Attys Guiding Georgia Apartment Co.'s Ch. 11
A team of attorneys from Goldberg Weprin Finkel Goldstein LLP are representing the minority owner of a 200-unit apartment complex in the Atlanta metro area in a Chapter 11 it launched in New York.
Catching Up With New Bankruptcy Case Action
A bankrupt trucking company's founders asked for U.S. recognition of their own foreign insolvencies, bids the court rejected on Tuesday. Also, a biotech company filed for Chapter 11 with at least $2.7 million in liabilities, and a bowling and eatery chain hit bankruptcy in Delaware.
Demand Dip, Investor Dispute Led Walker Edison To Ch. 11
Declining consumer demand, rising operating costs and mounting financial pressures — along with ongoing litigation between Walker Edison and its former shareholders brought by both the company and its prepetition term lenders — drove the online furniture retailer to seek bankruptcy protection in Delaware.
Meet The Attys Guiding Georgia Apartment Co.'s Ch. 11
A team of attorneys from Goldberg Weprin Finkel Goldstein LLP are representing the minority owner of a 200-unit apartment complex in the Atlanta metro area in a Chapter 11 it launched in New York.
Catching Up With New Bankruptcy Case Action
A bankrupt trucking company's founders asked for U.S. recognition of their own foreign insolvencies, bids the court rejected on Tuesday. Also, a biotech company filed for Chapter 11 with at least $2.7 million in liabilities, and a bowling and eatery chain hit bankruptcy in Delaware.
Demand Dip, Investor Dispute Led Walker Edison To Ch. 11
Declining consumer demand, rising operating costs and mounting financial pressures — along with ongoing litigation between Walker Edison and its former shareholders brought by both the company and its prepetition term lenders — drove the online furniture retailer to seek bankruptcy protection in Delaware.
Expert Analysis
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As the Consumer Financial Protection Bureau continues to centralize its resources, proposals to alter the definiti... (more story)
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Right-wing media firebrand Alex Jones asked the U.S. Supreme Court to take up his appeal of a $1.4 billion defamation damages award conferred by a Connecticut state court over statements about the 2012 Sandy H... (more story)
A Delaware bankruptcy judge Tuesday approved a request from jewelry chain Claire's for permission to sell some of its U.S. stores and intellectual property to a private holding company for $104 million in cash... (more story)
A Texas bankruptcy judge Tuesday gave wind turbine blade maker TPI Composites permission to hand off its Turkish operations to a local owner, a move the company said will save it $31 million in intercompany obligations.
The Second Circuit vacated a lower court order that prevented New York Attorney General Letitia James from stopping a bankruptcy education nonprofit from advising low-income debtors Tuesday, saying that while ... (more story)
Dallas area litigation boutique Vartabedian Hester & Haynes LLP announced Tuesday that a pair of experienced bankruptcy attorneys joined the firm from Butler Snow LLP.
Bankruptcy might seem like a technical and obscure practice area, but not to U.S. Bankruptcy Judge Brendan Shannon.
A Texas bankruptcy judge said Monday he would approve a Chapter 11 plan slashing $4.6 billion of chipmaker Wolfspeed Inc.'s debt, overruling an objection from the U.S. Trustee's Office to the opt-out mechanism... (more story)
A California federal judge has sided with the Federal Deposit Insurance Corp. in a dispute over $48,800 in unpaid legal bills that Farella Braun & Martel LLP sought for work it did before Silicon Valley Bank's... (more story)
Certain underwriters at Lloyd's of London and other London market insurers must pay their full applicable policy limits under policies issued to the Archdiocese of New York, a state court ruled Monday in the a... (more story)
The former parent company of Silicon Valley Bank owes the state of California upward of $76 million in taxes on income from a portfolio of securities for years leading up to the bank's failure, a state taxing ... (more story)
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An Arizona developer and his son were both sentenced to prison Tuesday for deceiving investors into sinking $280 million into a Phoenix-area sports park by forging documents and inflating revenue projections f... (more story)
A sweatshirt maker wants $3.6 million in attorney fees from a rival after a $21 million judgment that forced it into bankruptcy was overturned by the Federal Circuit in July, saying the judgment was based on m... (more story)
A Missouri bankruptcy judge awarded $5.8 million in legal fees and expenses Tuesday to the unsecured creditors committee of insolvent consumer DNA testing company 23andMe, signing off on bills from Stinson LLP... (more story)
Cincinnati-based manufacturer CTL-Aerospace Inc. filed for Chapter 11 with at least $15 million in debt saying material sourcing troubles last year left it with an operating loss with limited funding avenues.
A Delaware bankruptcy judge said Tuesday she would approve the Chapter 11 liquidation plan of Solar Biotech Inc. after it sold its assets for $20 million and resolved litigation between its largest secured cre... (more story)
Illinois-based bowling and restaurant chain Pinstripes has filed for Chapter 11 protection in Delaware bankruptcy court with more than $143 million in debt and plans to seek a going concern sale.
New York University's challenge to a recent rezoning, Chapter 11 proceedings for a student housing owner serving the University of California, and an Illinois university's refusal to hand over property to a lo... (more story)
The official committee of unsecured creditors in the Chapter 11 case of Packable Holdings largely lost out on motions to dismiss its adversary complaint tied to a prepetition lender and supplier, with a Delawa... (more story)
A Pennsylvania attorney facing discipline for allegedly threatening to blackmail a client's debtor was rightfully trying to collect on a long-standing, highly litigated debt, a state disciplinary hearing panel heard Monday.
Last week at the Delaware Court of Chancery, a bankruptcy administrator for a generic drugmaker formerly known as Teligent was told he can proceed with duty of oversight claims against most former officers and... (more story)