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Financial Pressures Cause Bankruptcy Filings To Spike In Jan.
Commercial and consumer bankruptcy filings in January increased significantly over their totals from a year ago, signaling a buildup of financial pressures that are causing cases to return to pre-pandemic rates, according to financial analysis company G2 Risk Solutions.
Meet The Attys Digging Vanderbilt Minerals Out Of Ch. 11
Vanderbilt Minerals, which mines and processes clay and other materials, has tapped attorneys from Bond Schoeneck & King PLLC and Jones Day to oversee its Chapter 11 case as it pursues an asset sale.
Meet The Team Helping Flight Simulator Co. Navigate Ch. 11
Flight simulator operator Avenger Flight Group is being led through Chapter 11 by a team of attorneys from Pachulski Stang Ziehl & Jones LLP.
Financial Pressures Cause Bankruptcy Filings To Spike In Jan.
Commercial and consumer bankruptcy filings in January increased significantly over their totals from a year ago, signaling a buildup of financial pressures that are causing cases to return to pre-pandemic rates, according to financial analysis company G2 Risk Solutions.
Meet The Attys Digging Vanderbilt Minerals Out Of Ch. 11
Vanderbilt Minerals, which mines and processes clay and other materials, has tapped attorneys from Bond Schoeneck & King PLLC and Jones Day to oversee its Chapter 11 case as it pursues an asset sale.
Meet The Team Helping Flight Simulator Co. Navigate Ch. 11
Flight simulator operator Avenger Flight Group is being led through Chapter 11 by a team of attorneys from Pachulski Stang Ziehl & Jones LLP.
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Large Cap More
A lender urged a Florida bankruptcy court on Wednesday to end an adversary proceeding alleging that it fraudulently induced the holder of a downtown Miami high-rise plot to accept the terms of a $70 million lo... (more story)
Levona Holdings urged a New York district court to permanently bar the former majority shareholders of Eletson Gas from exercising any control over the company or interfering with Levona's ownership of the pre... (more story)
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A Texas bankruptcy judge on Wednesday gave Genesis Healthcare permission to take out up to $105 million in new Chapter 11 financing to keep the nursing home group operating until it can close its asset sale.
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A Connecticut federal judge has ruled that drugmaker Mallinckrodt PLC shrugged off monetary claims brought by states in a sprawling generic drug antitrust enforcement action when the company emerged from bankruptcy in 2022.
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Mid Cap More
A New York bankruptcy judge approved a secured creditor's disclosure statement instead of the debtor's in the Chapter 11 case of a New Mexico industrial building owner, ruling that the principle of giving prim... (more story)
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IronNet plans to use funding from a recently announced merger to officially close its Chapter 11 more than two years after the cybersecurity firm confirmed a reorganization plan, attorneys told a Delaware bank... (more story)
A Delaware bankruptcy judge on Wednesday signed off on the Chapter 11 liquidation plan of Center City Healthcare, the former operator of two Philadelphia hospitals, allowing the debtor to wind down its affairs... (more story)
A mortgage loan servicer and a trust succeeded in getting tossed a proposed class action brought by a North Carolina couple who claimed the entities tried to unlawfully collect interest and fees on their mortg... (more story)
A Texas bank sought to dismiss an adversary complaint alleging it helped a nonprofit founder defraud a special needs trust out of $100 million, telling a Florida federal bankruptcy court Tuesday the lawsuit do... (more story)
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Natural gas compression company Axip secured a Texas bankruptcy judge's permission Tuesday to borrow about $32.4 million of a roughly $105 million Chapter 11 financing package to support its effort to sell assets.
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The U.S. bankruptcy watchdog appealed orders approving Stoli's use of cash collateral and appointing a Chapter 11 trustee to oversee the bankrupt liquor group.