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November 10, 2026
Partners at Weil Gotshal & Manges LLP voted on Tuesday to dissolve the firm and install a three-member committee to oversee the wind-down of operations.
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November 10, 2026
A New Jersey bankruptcy judge on Tuesday denied the Office of the U.S. Trustee's bid to convert Invatech's bankruptcy to a Chapter 7 as the former generic pharmaceutical group works to wrap up an administratively insolvent Chapter 11.
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November 10, 2026
A flight attendants union said Tuesday that it and other unions have withdrawn their objections to Spirit Airlines' sale of former employees' data to Google in the airline's New York bankruptcy case, after securing new limits on the data included in the sale and safeguards for its de-identification.
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November 10, 2026
Mercer International Inc. has filed for Chapter 11 protection in a Texas bankruptcy court with $1.6 billion of funded debt and a pre-negotiated restructuring plan that would hand control of the company to its creditors.
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November 09, 2026
Alex Jones has asked the Texas Supreme Court to review discovery sanctions orders that led to a since-trimmed $50 million judgment in a Sandy Hook family's Lone Star State emotional distress case, arguing a judge held him "liable for everything" without addressing state or federal constitutional free speech protections.
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November 09, 2026
A former chief financial officer of Vesttoo has urged the Delaware bankruptcy court to let the insolvent Israeli fintech's insurance carriers cover more than $1.5 million in legal fees stemming from fraud-related investigations and proceedings in multiple countries, arguing the debtor's U.S. bankruptcy protection should not prevent him from accessing the insurance funds.
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November 09, 2026
A Tennessee federal judge reversed an order stopping the government from collecting an aircraft trader's $14 million tax debt, saying a bankruptcy court improperly concluded that the government's position that the debt couldn't be discharged was at odds with its receipt of $3.7 million in related litigation.
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November 09, 2026
In September, Weil Gotshal & Manges LLP released an official statement signaling that it was not engaged in merger talks. A month later, the firm confirmed that it was exploring a merger.
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November 09, 2026
A New York bankruptcy judge Monday found that disgraced insurance mogul Greg Lindberg cannot pause a $13 million settlement between one of his companies and parties he is accused of fraudulently funneling money to while he appeals its approval.
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November 09, 2026
As more former Weil Gotshal & Manges LLP attorneys find new homes for their practices while the firm winds down operations, Latham & Watkins LLP confirmed Monday that it hired five partners and one counsel across multiple U.S. offices.
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November 09, 2026
Retailer The Children's Place has filed for Chapter 11 protection in New Jersey bankruptcy court with $881.3 million in debt and a plan to sell its assets during the case.
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November 06, 2026
Norway's central bank announced Friday that KPMG LLP has agreed to pay $224.5 million to settle a class action in California federal court accusing it of ignoring red flags in auditing Silicon Valley Bank, which collapsed in 2023.
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November 06, 2026
A Connecticut bankruptcy judge has approved a deal splitting rights to millions in assets between convicted Chinese securities fraudster Miles Guo's Chapter 11 trustee and federal prosecutors, with roughly $153 million in cash recoveries plus half of the sale proceeds from a New Jersey mansion headed to the bankruptcy estate.
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November 06, 2026
Kansas City Chiefs player Rashee Rice has filed for Chapter 7 in Texas bankruptcy court while facing a domestic abuse lawsuit by a former girlfriend.
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November 06, 2026
A team of prominent mergers and acquisitions partners at Weil Gotshal & Manges LLP, including the attorney who chaired its 600-attorney corporate department, joined Cravath Swaine & Moore LLP on Friday, according to a source with knowledge of the departures. That person requested anonymity to discuss information that had not been publicly confirmed by Cravath.
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November 06, 2026
A California federal judge has dismissed a business owner's sprawling Racketeer Influenced and Corrupt Organizations Act suit after the company went too long without an attorney representing it.
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November 06, 2026
The U.S. Supreme Court agreed to take up a case involving a Fourth Circuit decision that denied an attempt by Goldman Sachs to arbitrate disputes with two debtors in bankruptcy over alleged violations of the automatic stay.
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November 06, 2026
The past week in London has seen Samsung sue Petrofac and its administrators, building materials giant Kingspan hit with two financial list claims by dozens of institutional investors, and Boehringer Ingelheim file a patent claim against fellow pharmaceutical company Sandoz amid ongoing conflict surrounding its empagliflozin type 2 diabetes drug.
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November 06, 2026
Kirkland & Ellis LLP announced Friday the addition of 40 attorneys from Weil Gotshal & Manges LLP, including the private equity practice co-leader who was once set to lead the firm.
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November 05, 2026
LIV Golf is shutting down its plan to reorganize after one of its debtor-in-possession lenders backed out of its pledge to contribute $300 million toward its reorganization, the troubled men's professional golf league told a New Jersey bankruptcy judge on Thursday.
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November 05, 2026
The Delaware Chancery Court on Thursday declined to revise rulings in a yearslong dispute over a distressed credit fund's records and more than $9 million of withheld cash, disagreeing with arguments that the fund's former managers and controllers had been improperly swept into the orders.
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November 05, 2026
A New Jersey bankruptcy judge said Thursday he will need to see more evidence to resolve an "ambiguity" over whether class action privacy claims against genetic testing company Invitae Corp. belong in his court.
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November 05, 2026
A Pennsylvania federal bankruptcy judge had qualms Thursday about plans to wind down the last two restaurants in the formerly regional Kings Family Restaurant chain, worrying the involuntary bankruptcy was driven by lawyers seeking to collect fees from an unpaid wages suit rather than current and former employees.
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November 05, 2026
A commercial tower landlord has asked the Federal Communications Commission for clarification or a waiver of agency rules governing a trust that EchoStar must use to repay companies related to its bankruptcy case.
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November 05, 2026
A Delaware bankruptcy judge Thursday gave fitness business FitLab Inc. interim permission to take out $2.5 million in Chapter 11 financing after hearing the company will be seeking to sell off its assets.