To access this content, a subscription to Bankruptcy Authority is required.

Expert Analysis

AI-Assisted Arbitration Needs Safeguards To Ensure Fairness

As tribunals and arbitral institutions increasingly use artificial intelligence tools in their decision-making pro... (more story)

AI-Generated Doc Ruling Guides Attys On Privilege Risks

A New York federal court's ruling, in U.S. v. Heppner, that documents created by a defendant using an artificial i... (more story)

The Law Firm Merger Diaries: Leadership Strategy After Day 1

For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operat... (more story)

Large Cap More

'Lack Of Adversity' Stops Court From Ending Biden SAVE Plan

A Missouri federal judge dismissed a coalition of Republican-led states' lawsuit challenging a Biden-era student debt relief plan, saying Friday he can't end the plan like the Trump administration wanted given... (more story)

Optimum Says Apollo, BlackRock Bullied Kirkland Withdrawal

Optimum Communications is escalating its fight accusing Apollo, Ares, BlackRock and other financial giants of an illegal joint campaign constricting its ability to refinance debt, amending its New York federal... (more story)

Inmarsat Gets Stay Of Bankruptcy Court Order In Ligado Case

A Delaware federal judge on Friday granted Inmarsat Global Ltd.'s emergency request to stay a bankruptcy court order requiring the Viasat unit to support a spectrum-rights application filed by telecommunicatio... (more story)

Kluger Kaplan Exiting $500M Miss America Ownership Battle

Kluger Kaplan attorneys said Friday they can no longer represent a businessman in a $500 million dispute over the ownership of the Miss America pageant, after a Florida federal court's questions to the lawyers... (more story)

San Francisco Archdiocese Seeks OK For $10M Abuse Deal

The Roman Catholic Archdiocese of San Francisco is asking a California bankruptcy judge to approve a more than $10 million settlement of two sexual abuse claims the judge allowed to go forward in state court last year.

Alex Jones' Sandy Hook Atty Eyes Exit After Appeals End

An attorney who represented conspiracy theorist Alex Jones has asked a Connecticut state court judge's permission to withdraw now that litigation has mostly ended in a $1.44 billion defamation challenge to Inf... (more story)

First Brands Eyes Biz Unit Going Concern Sales In Ch. 11

Troubled auto parts manufacturer First Brands plans to sell four of its business units as going concerns, attorneys told a Texas bankruptcy judge on Friday, explaining that information about alleged fraud had ... (more story)

Tricolor Noteholders Say Big Banks Ignored Auto Loan Fraud

Securitized auto loan investors are suing JPMorgan, Barclays and Fifth Third in New York federal court, alleging the banks ignored glaring red flags and helped conceal a sprawling subprime auto loan fraud by T... (more story)

Genesis JV Partner Can Take Ch. 11 Stay Challenge To 5th Cir.

A company that formed a real estate joint venture with bankrupt nursing home operator Genesis Healthcare can directly appeal a Texas bankruptcy judge's ruling on the scope of Chapter 11's automatic stay, the F... (more story)

Insurance Pros Size Up Top D&O Risks At NYC Conference

Law360 Insurance Authority has the top takeaways and coverage considerations from the annual conference hosted by Anderson Kill PC.

Mid Cap More

7th Circ. Rejects Firm's $237K Feed Bid From Investment Fund

Ballard Spahr LLP does not have a valid claim to roughly $237,000 in unpaid legal fees it sought from a Wisconsin-based gem and fine metal investment fund that went through bankruptcy, the Seventh Circuit said Friday.

Carbon Health Gets OK To Borrow $20M In Ch. 11

A Texas bankruptcy judge on Friday granted final approval of urgent care facility operator Carbon Health Technologies Inc.'s Chapter 11 financing, freeing up $19.5 million that the debtor will use to fund a du... (more story)

Dine-In Theater Co. IPic Hits Ch. 11 With Plans To Sell Assets

Dine-in movie theater chain iPic Theaters has filed for Chapter 11 protection in Florida bankruptcy court with up to $10 million in debt, saying it intends to sell its assets during the case.

Buddy Mac Wins Court Approval To Sell Co-Owned Properties

A Texas bankruptcy judge on Thursday ruled that rent-to-own retailer Buddy Mac Holdings LLC can sell several co-owned properties, over the objection of co-owners who argued they had not been given proper notice.

Fifth Third Bank Pursues $80M From Texas Developer

Fifth Third Bank has sued a San Antonio real estate developer in Texas federal court for more than $80 million, seeking to invoke guaranties on two troubled construction loans after the borrowing entities defa... (more story)

DC Coffee Chain Compass Can Sell Stores In Ch. 11

A Washington bankruptcy judge agreed Thursday to approve the sale of Compass Coffee's locations and other assets to the American branch of European coffeehouse chain Caffe Nero, the debtor announced.

Condo Board Files Ch. 11, Citing Developer's 'Self-Dealing'

A condominium association for a Times Square hotel and residential tower is seeking to stabilize itself with a bankruptcy filing in federal court that accuses the property's original developer of self-dealing,... (more story)

Corporate Atty From Wilson Sonsini Rejoins Young Conaway

An attorney who handles corporate governance, transactional and other matters has rejoined Delaware-based Young Conaway Stargatt & Taylor LLP after more than three years at Wilson Sonsini Goodrich & Rosati PC.

Connell Foley Enters Delaware As Part Of 'Organic' Growth

Connell Foley LLP's expansion into Delaware is a key strategic move that came about organically with the hiring of a team from FBT Gibbons LLP to launch a new bankruptcy and restructuring practice group, leade... (more story)

Lender In Fla. High-Rise Dispute Says $70M Loan Wasn't 'Free'

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)