Pharmacy services provider Omnicare's choice of a $250 million stalking horse bid for its assets was approved Tuesday by a Texas bankruptcy judge, setting up a possible auction in May.
Pharmacy services provider Omnicare's choice of a $250 million stalking horse bid for its assets was approved Tuesday by a Texas bankruptcy judge, setting up a possible auction in May.
A federal judge ruled that a former employee of a bankrupt esports company cannot pursue a Connecticut wage claim against the company's CEO in that state, saying it would impose an "immense burden" on the California-based executive, and leaving open the possibility of the suit being refiled elsewhere.
The co-founders of a defunct online legal adviser failed to block a creditor's demand for a £920,000 ($1.25 million) loan repayment, as a London court on Tuesday rejected their "vague and unparticularized" claim that the debt would be converted into an investment in their company.
Lenders and unsecured creditors to Inspired Healthcare Capital have told a Texas bankruptcy court it is too soon in the senior-living facility group's Chapter 11 case to appoint a mediator, arguing its mandatory mediation proposal could bind creditors' rights.
The U.S. Trustee's Office asked a New York bankruptcy judge to reject Spirit Airlines' bid to take a Chapter 11 plan to a vote, saying the debtor's disclosure statement regarding the plan is too thin.
A New York bankruptcy judge allowed creditors of bankrupt talc producer Vanderbilt Minerals to supplement the record with additional evidence related to the debtor's proposed hire of the Jones Day firm as its legal counsel Tuesday after they raised issues about statements made at a hearing last week.
Sen. Chuck Grassley, R-Iowa, chair of the Senate Judiciary Committee, said on Tuesday that if U.S. Supreme Court Justice Samuel Alito were to retire then he would recommend the president nominate either Sen. Ted Cruz, R-Texas, or Sen. Mike Lee, R-Utah.
The Fourth Circuit affirmed Tuesday a former hospital transplant coordinator's conviction for illegally accessing U.S. Supreme Court Justice Ruth Bader Ginsburg's healthcare records, upholding a ruling that the defendant was not improperly coerced when he told FBI agents a coworker or his cat may have been responsible.
Federal judiciary advisers agreed Tuesday to develop transparency obligations for litigation funders despite "vehement" views in the defense and plaintiffs bars, while also advancing controversial subpoena rules involving remote testimony and process servers.
IBM's agreement to pay the Trump administration $17 million to resolve allegations it violated the False Claims Act with policies aimed at increasing the diversity of its workforce continues to raise more questions than answers about what the administration views as illegal diversity, equity and inclusion programs.
A Massachusetts federal judge on Tuesday declined Mintz Levin Cohn Ferris Glovsky and Popeo PC's request to halt a former client's legal malpractice case against the firm in Texas federal court while the two fight over a $2 million "success fee" the law firm claims it is owed.
A split D.C. Circuit panel on Tuesday halted for the second time U.S. District Judge James Boasberg's criminal contempt probe of Trump administration officials for willfully violating his order barring removals of Venezuelans under the 1798 Alien Enemies Act.
The top Democrat on the House Oversight Committee is looking to hold former Attorney General Pam Bondi in contempt if she does not appear before the committee to discuss the U.S. Department of Justice's handling of the Epstein files.
Investors in the "Let's Go Brandon" meme token urged a Florida federal judge Monday to issue "case-terminating sanctions" against the man behind the coin, saying he and his counsel have lied in discovery, disobeyed court orders and submitted fake legal citations in at least eight filings.
California Northern District federal judges are seeking public comment on modifying local court rules to allow jurists to audio stream civil jury trials in the district, which regularly presides over high-stakes courtroom fights involving tech giants such as Google, Meta, OpenAI and Apple.
Massachusetts' highest court said Tuesday that a committee overseeing lawyers' trust accounts should have been given a chance to request potential leftover funds prior to a judge's approval of a class action settlement, but saw no reason to unwind the deal.
