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Catholic Dioceses Facing Rockier Road To Resolve Ch. 11s
A trio of recent Chapter 11 cases are illustrating the new reality for Roman Catholic dioceses trying to address their child sexual abuse liabilities in bankruptcy court, with the cases taking longer to resolve and only moving forward after threats of dismissal.
Meet The Attys Advising Solar Co. PosiGen In Ch. 11
Residential solar panel company PosiGen has assembled a team of lawyers from White & Case LLP to see it through Chapter 11 proceedings as it seeks to address at least $100 million in debt.
Catching Up With New Bankruptcy Case Action
A solar energy business sought bankruptcy protection in Texas. The foreign representative of a consultancy founder's bankruptcy estate sought recognition of his Canadian insolvency proceedings. And a landlord in the Bronx entered Chapter 11.
Catholic Dioceses Facing Rockier Road To Resolve Ch. 11s
A trio of recent Chapter 11 cases are illustrating the new reality for Roman Catholic dioceses trying to address their child sexual abuse liabilities in bankruptcy court, with the cases taking longer to resolve and only moving forward after threats of dismissal.
Meet The Attys Advising Solar Co. PosiGen In Ch. 11
Residential solar panel company PosiGen has assembled a team of lawyers from White & Case LLP to see it through Chapter 11 proceedings as it seeks to address at least $100 million in debt.
Catching Up With New Bankruptcy Case Action
A solar energy business sought bankruptcy protection in Texas. The foreign representative of a consultancy founder's bankruptcy estate sought recognition of his Canadian insolvency proceedings. And a landlord in the Bronx entered Chapter 11.
Expert Analysis
New litigators can better help their corporate clients achieve their overall objectives when they move beyond simp... (more story)
Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dy... (more story)
Considering recent bankruptcy statistics and the economic climate, now is a good time for companies to revisit the... (more story)
Large Cap More
The Cayman Islands parent company of Chapter 15 debtor Canterbury Securities filed for its own insolvency case late Wednesday in New York, with the same joint liquidators seeking recognition of a foreign proce... (more story)
Blank Rome LLP will elevate 14 attorneys to partner in the new year, its highest partnership class in seven years.
Country Garden Holdings Co., a major Chinese property developer, received U.S. recognition of its Hong Kong restructuring plan designed to trim more than $11 billion in debt, with a New York bankruptcy judge e... (more story)
Party City franchisees want to file an amended complaint in their case accusing the corporate retail chain of monopolizing the market before the court rules on a dismissal bid, the franchisees told a New Jerse... (more story)
A Connecticut judge has approved a modified moratorium that protects PHL Variable Insurance Co. and two subsidiaries during a state rehabilitation, agreeing to a plan that could reduce universal life death ben... (more story)
A Texas bankruptcy judge Wednesday gave pharmacy services provider Omnicare the go-ahead to put itself on the auction block in March, saying it is a reasonable timeframe for the debtor to market its assets.
TPI Composites Inc. said it reached a tentative deal with its senior lender and creditors committee after a Texas bankruptcy judge on Tuesday voiced uncertainty over how the committee's lawsuit challenging an ... (more story)
People at King & Spalding LLP are mourning after an appellate attorney from the firm and a mountain guide fell to their deaths climbing New Zealand's tallest mountain.
A California federal judge has permanently tossed a suit against the Federal Deposit Insurance Corp. brought by liquidators of the Cayman Islands branch of collapsed Silicon Valley Bank, finding they lack stan... (more story)
A New York federal judge has reversed the confirmation of Brazilian airline Gol Linhas Aereas Inteligentes' Chapter 11 plan, ruling that the bankruptcy court improperly found creditor silence on the proposal's... (more story)
Mid Cap More
Bitcoin miner Rhodium Encore's confirmation hearing will extend to a second day after a dispute over counsel fees for Lehotsky Keller Cohn LLP's work as special litigation counsel remained unresolved.
Two law firms have urged a Connecticut state court to dismiss a lawsuit brought by a creditor in a Chapter 7 case that accused them of failing to ably represent its interests in the underlying bankruptcy and a... (more story)
A secured lender of reorganized debtor BurgerFi International that purchased assets from the company in its Chapter 11 case has asked a Delaware bankruptcy judge to stay his order ruling that $885,000 in insur... (more story)
A Missouri bankruptcy judge Wednesday agreed to approve a $16.5 million settlement between genetic testing company 23andMe and its insurers, in which the carriers proposed to buy back the unused portion of the... (more story)
The bankrupt owner of two Philadelphia hospitals filed a Chapter 11 plan disclosure statement in Delaware bankruptcy court describing its plan to liquidate its remaining assets after selling St. Christopher's ... (more story)
A New York bankruptcy judge on Wednesday agreed to give U.S. recognition of JKL Holdings' British Virgin Islands liquidation as liquidators probe the former cryptocurrency investment firm's U.S. assets.
Bitcoin miner Rhodium Encore has urged a Texas bankruptcy court to confirm its Chapter 11 plan, arguing that despite the often contentious nature of its bankruptcy case, its proposal to pay all creditors has w... (more story)
A longtime Jones Day attorney who helped represent the firm in a suit lodged by two former associates over its parental leave policy has joined Willkie Farr & Gallagher LLP, where he'll co-chair the bankruptcy... (more story)
The plaintiffs in a Florida federal court battle over the ownership of the Miss America pageant have pushed back against a sanctions bid against their attorneys, saying the court should reject it because it's ... (more story)
Genetic testing company 23andMe asked a Missouri bankruptcy judge to approve an agreement it reached with a group of cyber insurers, in which those carriers would buy back the remaining portion of their aggreg... (more story)