August 07, 2025
A bitcoin miner said its early investors cannot file claims in its Chapter 11 that allege the company was mismanaged, arguing those claims belong to the debtor's estate. A Brazilian fiber network company objected to the novel plans of telecommunications group Oi to end its Chapter 15 recognition of ongoing overseas restructuring to file for Chapter 11 instead. And a group of tort claimants said Genesis Healthcare's debtor-in-possession loan and auction plans would hamper their ability to pursue wrongful death and personal injury litigation.
August 01, 2025
During August's first full week, bankruptcy judges will hear issues including Silicon Valley Bank's former parent company's fight with Cayman Islands liquidators over standing, Genesis Healthcare's request for final postpetition financing approval and a personal injury firm's agreement to appoint an examiner in its bankruptcy.
August 01, 2025
The Office of the U.S. Trustee appointed a seven-member official committee of unsecured creditors in the Chapter 11 case of Genesis Healthcare, a holding company for rehabilitation centers and nursing homes in 18 states that filed for Chapter 11 relief in Texas last month.
July 15, 2025
From a pair of healthcare bankruptcies to a startup investment platform's Chapter 11 case, here are the latest new insolvency proceedings.
July 15, 2025
After first filing for bankruptcy 25 years ago, Genesis Healthcare Inc. took a long path back to Chapter 11, worn down by old liabilities, inadequate state Medicaid reimbursements, deferred taxes and the public perception of nursing homes during the COVID-19 pandemic.
July 14, 2025
A team of lawyers from McDermott Will & Emery LLP is leading the bankruptcy case of Genesis Healthcare Inc., a holding company for rehabilitation centers and nursing homes in 18 states, as the company undergoes a financial restructuring aimed at avoiding any disruption to its thousands of patients and employees.
July 11, 2025
Genesis Healthcare Inc., a holding company for rehabilitation centers and nursing homes in 18 states, can access $12 million of a $30 million Chapter 11 financing package, a Texas judge ruled Friday over the objection of one of the debtor's first lien holders.
July 10, 2025
Genesis Healthcare Inc., a holding company for rehabilitation centers and nursing homes in 18 states, and nearly 300 of its affiliates and subsidiaries have filed for Chapter 11 protection with at least $2 billion of liabilities, after the cost of litigation, tax back payments, a cyberattack and several other factors squeezed its cash flow.