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A group of attorneys from Akin Gump Strauss Hauer & Feld LLP is representing the official committee of unsecured creditors of video distribution entities owned by EchoStar Corp., including Dish Wireless LLC, as the company seeks to approve its prepackaged reorganization plan.
Food chain Salad and Go plans to shut down in bankruptcy after a parasite outbreak linked to raw lettuce caused a dip in sales for the already financially strained business. An investment firm is looking to complete its wind-down in Chapter 11 and fend off an involuntary Chapter 7 petition. And an Ohio university filed for Chapter 11 to close down after years of operating losses.
Hedge fund Mars FX has filed a Chapter 11 liquidation plan in New York bankruptcy court that would transfer its assets and legal claims tied to a roughly $567 million trading platform balance it alleged was missing to a litigation trust, which would pursue recoveries and distribute the proceeds to creditors and investors.
A Texas bankruptcy judge Tuesday deferred his decision on whether to give interim approval to investment firms 777 Partners and 600 Partners to tap into $2.5 million in debtor-in-possession financing, giving t... (more story)
Dish DBS and its creditors disagreed Tuesday about the impact of a recent Federal Communications Commission order, with the debtor arguing a $2.4 billion trust established by its parent company, EchoStar, now ... (more story)
A Texas bankruptcy judge ruled Tuesday that Sidley Austin LLP is eligible to act as counsel for nursing home company Genesis Healthcare in adversary lawsuits linked to its Chapter 11, finding Sidley could repr... (more story)
The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission sued bankrupt cryptocurrency investment firm Goliath Ventures Inc. and its founder Tuesday claiming they orchestrated a ... (more story)
The Second Circuit may have upheld a preliminary injunction blocking Nielsen from making Cumulus Media buy its local offerings to gain access to its national radio ratings data, but a New York federal judge sa... (more story)
The Delaware Chancery Court on Tuesday largely refused to dismiss the remaining claims in a lawsuit accusing Strategic Value Partners LLC and GenOn Holdings Inc. of engineering the transfer of a Pennsylvania p... (more story)
The Archdiocese of New York is taking a second bite at the apple in state appeals court with a request for punitive damages against Chubb, alleging the insurer ran a "shadow campaign" against the archdiocese e... (more story)
A Delaware bankruptcy judge Tuesday signed off on boating supply business West Marine Inc.'s Chapter 11 plan, allowing the debtor to hand control of the company to lenders and end its Chapter 11 case.
Clifford Carlson of Weil Gotshal & Manges LLP has been on the front lines of some of the most complex Chapter 11 cases filed in Houston's bankruptcy court in recent years as debtor's counsel to multistate hosp... (more story)
A Baltimore woman is accusing a California-based attorney and her firm of illegally withholding thousands of dollars from opioid victims' Purdue Pharma settlement payments in a new class action filed Sunday in... (more story)
A Texas bankruptcy judge on Tuesday asked attorneys for Instant Brands' litigation trustee and Cornell Capital to return to court in the next few weeks for a hearing on a dispute surrounding the trustee's plan... (more story)
The Chapter 11 trustee in the bankruptcy of Waterfront Resort Holdings, the owner of 105 unsold condominium units in New York City, has urged a bankruptcy judge to consider whether three individuals involved i... (more story)
Dolphin park owner Leisure Investments has urged the Delaware bankruptcy court to approve the sale of its assets for $2 million.
A New Jersey bankruptcy judge Monday approved sales of more than two dozen U.S. summer camps, capping an intense, complicated and emotionally charged process that lawyers said saved the camps from closing this... (more story)
A lender to bankrupt real estate management company Louis Investments LLC has moved to dismiss its Chapter 11 case, arguing Louis Investments and affiliates "manufactured" a Texas venue with their attorney's a... (more story)
Cryptocurrency kiosk operator Bitcoin Depot received confirmation Monday of its Chapter 11 liquidation plan, after a Texas bankruptcy judge narrowed third-party releases in the plan to cover only conduct that ... (more story)
Home textile and decor company Simply Interior Homes secured a Delaware bankruptcy judge's permission Monday to sell two sets of assets for about $3 million and solicit votes from creditors on its Chapter 11 plan.
A creditor of bankrupt cryptocurrency miner Poolin Technology on Monday moved for the appointment of a Chapter 11 trustee in the case, saying the company's principal absconded from China to the U.S. with customer funds.
Megan Wasson of Herbert Smith Freehills Kramer LLP helped Del Monte secure more than $500 million in asset sales in its contentious Chapter 11 and advised the state of Connecticut in the Prospect Medical case,... (more story)
Gunnercooke has denied costing a family £4.7 million ($6.3 million) by bungling a settlement reached in the wake of their bankruptcies over a £245 million fraud against HBOS, arguing that the deal reflected wh... (more story)
John Ventola, Douglas Gooding and Jonathan Marshall
QVC's recently confirmed Chapter 11 plan joins a growing body of restructuring precedent demonstrating that well-f... (more story)
David Chase
Instructing a law school course on U.S. Securities and Exchange Commission investigations has made me a more thoug... (more story)
Elisha Kobre and George Frank
The Second Circuit recently held that a properly drafted contractual blocker — which caps an investor's beneficial... (more story)