Try our Advanced Search for more refined results
Bankruptcy
-
January 08, 2026
Wolfspeed Securities Class Action Sent To NC Federal Court
A securities class action case against chipmaker Wolfspeed Inc. was transferred to North Carolina federal court Wednesday following a New York judge's order directing the movement of the consolidated investor suits over alleged misrepresentations about the company's financial projections.
-
January 08, 2026
Conn. Steel Firm's Counsel Shuffle Averts Ch. 11 Meltdown
A Connecticut bankruptcy judge Thursday allowed a steel company to replace its counsel at Pullman & Comley LLC after failing to pay the firm more than $389,000 in fees and expenses, avoiding a possible dismissal of the Chapter 11 case.
-
January 08, 2026
Azul SA To Canvas Market For $1.2B In Ch. 11 Exit Funding
Brazilian airline Azul SA secured a New York bankruptcy judge's approval Thursday to hire investment banks to help search for alternatives to $1.2 billion in exit financing offered by its Chapter 11 lenders, about one month after the judge confirmed Azul's bankruptcy plan.
-
January 08, 2026
Judge Says He'll Approve Ideanomics Plan After Revisions
A Delaware bankruptcy judge said Thursday that he will approve the Chapter 11 liquidation plan for electric vehicle technology company Ideanomics Inc. once an injunction barring future claims in the plan is narrowed in scope.
-
January 08, 2026
Delaware Judge Sends Employee Stock Dispute To Trial
The Delaware Chancery Court has refused to let either side bypass an upcoming trial in a dispute between autonomous-robotics company Seegrid Corp. and former employees over the forced repurchase of stock options, concluding that the case is too fact-intensive for summary judgment and should instead be resolved through live testimony.
-
January 07, 2026
Tricolor Ex-CEO Must Take Questions At Creditor Meeting
A Texas bankruptcy judge on Wednesday said the former chief executive of bankrupt subprime car loan lender Tricolor Holdings will have to appear at a creditor meeting despite his argument that he won't be able to answer questions without incriminating himself in his fraud trial.
-
January 07, 2026
First Brands' Ex-Execs Can Tap Only Some D&O Coverage
A Texas bankruptcy judge Wednesday allowed former First Brands executives to access about half of the company's directors and officers insurance to help pay for their legal fees as they face misconduct claims, ruling that the remainder of the proceeds are property of the car parts maker's bankruptcy estate.
-
January 07, 2026
Incora Minority Noteholders To Appeal 'Uptier' Loss
Minority noteholders that lost collateral rights in a 2022 financing deal at aircraft parts supplier Incora will appeal a decision by a Texas federal judge that had upheld the debt exchange, according to a notice filed Tuesday.
-
January 07, 2026
Belgian Restaurant Chain Files For Ch. 11 In Ohio
Taste of Belgium Rookwood LLC launched a streamlined Chapter 11 in Ohio bankruptcy court late on Tuesday, reporting about $156,000 in assets against $3 million in liabilities and aiming to stabilize its remaining three-site business.
-
January 07, 2026
Expedia Wants Singapore's Help Getting Docs In Rival's Suit
Expedia asked a Washington federal judge to help it seek assistance from Singapore's court system to get documents from Trip.com, saying the discovery is pertinent in an antitrust case brought by representatives for a defunct Swiss competitor.
-
January 07, 2026
Genesis Cleared For New Ch. 11 Auction And Stalking Horse
Nursing home operator Genesis Healthcare may hold a new Chapter 11 auction with a fresh stalking horse offer worth nearly $1 billion, a Texas bankruptcy judge ruled Wednesday, a month after she nixed the results of its previous auction.
-
January 07, 2026
New Mexico Nursing Facility Files Ch. 11
The operator of a 369-bed skilled nursing facility in Albuquerque, New Mexico, has filed for Chapter 11 protection in a Florida bankruptcy court with more than $1 million in debt and has been granted joint administration with its already-bankrupt management affiliate.
-
January 06, 2026
6 Key Rulings From Outgoing Del. Justice Karen L. Valihura
Soon-to-be-retiring Delaware Supreme Court Justice Karen L. Valihura carved her name deeply into First State corporate law jurisprudence over her dozen years on the bench, at a time of surging caseloads and intensifying political scrutiny of the business court where many of the country's largest corporate battles are waged.
-
January 06, 2026
Bankrupt Hospital Wants Out Of $3B BCBS Antitrust Deal
A bankrupt Alabama hospital is asking a federal judge to allow it to drop out of a $2.8 billion antitrust class action settlement with Blue Cross Blue Shield, saying it may be forced to shut down unless it can pursue separate relief in bankruptcy court.
-
January 06, 2026
Vectra Bank Claims Lending Co. Owes $4.5M
Vectra Bank has accused a Colorado-based commercial finance company and two related business entities in state court of defaulting on a $6.5 million loan and said they now owe the bank more than $4.5 million.
-
January 06, 2026
DC's Compass Coffee Hits Ch. 11 Amid Rent, Other Disputes
The Washington, D.C.-based coffee chain Compass Coffee filed for Chapter 11 protection Tuesday with at least $11.7 million of estimated liabilities amid rent disputes with landlords, promising to soon disclose plans for an asset sale to a strategic buyer in the global retail coffee business.
-
January 06, 2026
NJ Judge Signals Green Light To Revive J&J Unit's Libel Suit
A New Jersey federal judge has indicated she is planning to grant a bankrupt Johnson & Johnson talc subsidiary's bid to revive its trade libel claim over a scientific article linking asbestos in talc to mesothelioma.
-
January 06, 2026
PrimaLend Gets OK For Ch. 11 Plan Vote, Bid Procedures
Subprime lender PrimaLend Capital Partners LP on Tuesday received a Texas bankruptcy judge's approval of its request to take votes on a Chapter 11 plan and bidding procedures for an asset sale.
-
January 05, 2026
PG&E Inks $100M Deal To Settle Investors' Wildfire Suit
California utility Pacific Gas & Electric Co., its brass and its underwriters have reached a $100 million deal ending investor claims over allegedly misleading statements about the company's safety practices ahead of deadly wildfires in the past decade.
-
January 05, 2026
Nicklaus Takes Aim At Bankrupt Golf Co.'s Ch. 11 Loan
Retired professional golfer Jack Nicklaus is opposing the Chapter 11 financing and sale procedures floated by sporting gear and golf course design company GBI Services, saying the business is trying to sell assets that include valuable intellectual property that he owns.
-
January 05, 2026
Luminar Says Ex-CEO Won't Cooperate With Ch. 11 Probe
Luminar Technologies, a developer of lidar technology for autonomous vehicles, has told a Texas bankruptcy judge its former chief executive is refusing to cooperate with a subpoena and provide information it needs to investigate potential estate claims.
-
January 05, 2026
Tricolor Ex-CEO Fights Bid To Get Him To Creditor Meeting
The ex-CEO of subprime car loan lender Tricolor Holdings is asking a Texas bankruptcy judge to reject a motion to compel him to attend a meeting of the company's creditors, saying he would be unable to answer questions due to the pending criminal charges against him.
-
January 05, 2026
Calif. AG Urges Court To Install Trustee For FlipCause Ch. 11
The California Attorney General's Office asked a Delaware bankruptcy judge to appoint a Chapter 11 trustee in the bankruptcy case of fundraising tech company FlipCause, asserting the debtor's case reveals severe mismanagement.
-
January 05, 2026
MoFo US Offices Lead 2026 Partner Promotions
More than a dozen attorneys at Morrison Foerster LLP have started the new year with new titles following the firm's Monday announcement of its partner promotions for 2026.
-
January 02, 2026
NYC Puts Foot Down On Landlord's Ch. 11 Plan, Sale
New York City wants to pump the brakes on the reorganization and sale of a group of debtors affiliated with Pinnacle Group, arguing the landlord cannot sell its buildings until it corrects code violations in what the city's new mayor called its "most neglected buildings."
Expert Analysis
-
AI Litigation Tools Can Enhance Case Assessment, Strategy
Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.
-
Attys Beware: Generative AI Can Also Hallucinate Metadata
In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.
-
When Atty Ethics Violations Give Rise To Causes Of Action
Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.
-
Series
Practicing Stoicism Makes Me A Better Lawyer
Practicing Stoicism, by applying reason to ignore my emotions and govern my decisions, has enabled me to approach challenging situations in a structured way, ultimately providing advice singularly devoted to a client's interest, says John Baranello at Moses & Singer.
-
Series
The Biz Court Digest: Texas, One Year In
A year after the Texas Business Court's first decision, it's clear that Texas didn't just copy Delaware and instead built something uniquely its own, combining specialization with constitutional accountability and creating a model that looks forward without losing touch with the state's democratic and statutory roots, says Chris Bankler at Jackson Walker.
-
Series
Law School's Missed Lessons: Educating Your Community
Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.
-
ConvergeOne Ch. 11 Ruling Clarifies Lender Incentive Limits
The recent ConvergeOne ruling from a Texas federal court marks the latest rebuke of selective lender incentives in bankruptcy, and, along with two appellate decision from late 2024, delineates the boundaries of liability management exercises inside and outside Chapter 11, says Pratik Raj Ghosh at MoloLamken.
-
5 Crisis Lawyering Skills For An Age Of Uncertainty
As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.
-
$2B PDVSA Ruling Offers Insight Into Foreign-Issued Debt
A New York federal court's recent decision denying a request by PDVSA, Venezuela's state-owned oil company, to refuse enforcement of $2 billion in defaulted bonds serves as a guide for the scope of review required in assessing the validity of foreign-issued securities with New York choice-of-law provisions, say attorneys at Cleary.
-
Opinion
It's Time For The Judiciary To Fix Its Cybersecurity Problem
After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.
-
Recent Trends In Lending To Nonbank Financial Institutions
Loans to nondepository financial institutions represent the fastest-growing bank lending asset this year, while exhibiting the cleanest credit profile and the lowest delinquency rate, but two recent bankruptcies also emphasize important cautionary considerations, says Chris van Heerden at Cadwalader.
-
What Insurers Must Know When Insureds File For Bankruptcy
With increasing inflation, rising unemployment and growing consumer credit delinquencies, insurers and their intermediaries must be prepared to handle policyholders who are filing for bankruptcy by acquainting themselves with key procedural details of the bankruptcy process, say attorneys at McDermott.
-
Series
Writing Novels Makes Me A Better Lawyer
Writing my debut novel taught me to appreciate the value of critique and to never give up, no matter how long or tedious the journey, providing me with valuable skills that I now emphasize in my practice, says Daniel Buzzetta at BakerHostetler.
-
SDNY OpenAI Order Clarifies Preservation Standards For AI
The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.
-
In NY, Long COVID (Tolling) Still Applies
A series of pandemic-era executive orders in New York tolling state statutes of limitations for 228 days mean that many causes of action that appear time-barred on their face may continue to apply, including in federal practice, for the foreseeable future, say attorneys at Sher Tremonte.