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Holding companies in the corporate structure of privately-owned high-speed rail system Brightline Florida are funding their Chapter 11 debt restructuring with what experts say is an unusual, but elegant, debtor-in-possession facility that could streamline the cases.
A team of attorneys from Haynes Boone and Simpson Thacher & Bartlett LLP is guiding pool product maker Leslie's through the waters of bankruptcy in Texas.
Dish DBS Corp. won approval to cut more than $4 billion of debt and exit Chapter 11, while high-speed rail network Brightline got the greenlight to borrow $190 million in bankruptcy financing.
The founder of defunct "anti-woke" fintech group GloriFi has asked to intervene in a Chapter 7 malpractice lawsuit against Winston Taylor's predecessor firm, saying the Texas lawsuit is centered on him.
Unsecured creditors of bankrupt telecommunications company Hughes Satellite Systems Corp. are joining with its noteholders to advance a competing plan in the debtor's contested Chapter 11 case.
LIV Golf is asking a New Jersey bankruptcy judge to approve a restructuring support agreement it reached with private equity firm BC Partners, which would provide a $300 million investment in the league as it ... (more story)
A pool supplier hit Chapter 11 with a $685 million debt-for-equity swap plan, Brazilian construction conglomerate Andrade Gutierrez Engenharia asked for Chapter 15 recognition, and a spa in the Catskills sough... (more story)
Miss America CEO Robin Fleming is asking a Florida federal court to require Carlton Fields to provide more specific information about a charging lien the firm has asserted over unpaid legal fees in litigation ... (more story)
Spirit Airlines and Google have taken "consequential steps" to protect the privacy of millions of consumers whose data is being sold as part of the airline's bankruptcy, a consumer privacy ombudsman said in a ... (more story)
The U.S. Trustee's Office told a Texas federal judge that its settlement with Jackson Walker LLP to disgorge fees from cases touched by scandal is on ice while a bankruptcy judge examines the watchdog's standi... (more story)
The Roman Catholic Diocese of Oakland, California, has failed to get a $180 million Chapter 11 plan confirmed, with a bankruptcy judge saying the religious organization failed to show that sexual abuse survivo... (more story)
BioXcel Therapeutics' Chapter 11 filing paused a securities class action against it, a Delaware bankruptcy judge ruled Monday, after a federal court had pressed the life sciences group for a more detailed time... (more story)
A Texas bankruptcy judge Monday gave Inspired Healthcare the go-ahead to sell 30 of its senior living communities for $713 million after being told objections to how the sale proceeds will be handled will them... (more story)
The Chapter 7 trustee of fashion industry software company CaaStle Inc. received approval Tuesday from a Delaware bankruptcy judge for a $3.5 million settlement of his lawsuit against former directors and offi... (more story)
Two directors of entities that filed an involuntary Chapter 11 petition against cryptocurrency mining firm Mawson must face its adversary complaint against them, a Delaware bankruptcy judge has ruled, finding ... (more story)
True Food Kitchen, a health-focused restaurant chain that scored an investment from Oprah Winfrey in 2018, has filed for Chapter 11 protection in a Texas bankruptcy court with $42.1 million in debt and plans t... (more story)
Burger King is asking a Florida federal court to shut down three competing restaurants in New Jersey for alleged trademark infringement, claiming that the shops are run by a former franchisee who renamed her b... (more story)
The $13.5 million sale of a distressed condominium property in West Palm Beach through a bankruptcy sale announced Monday likely sets the stage for another residential redevelopment project in the booming South Florida city.
A New Jersey bankruptcy judge determined on Monday that the buyers of seven summer camps owned by Simad Holdings Ltd. need not withhold taxes under rules governing the sale of U.S. property by foreign owners, ... (more story)
A Texas bankruptcy judge Monday denied a Camp Mystic director's bid to quash a subpoena seeking his deposition, allowing the unsecured creditors committee and families of victims who died during a flood at the... (more story)
Danskammer, the owner of a 532-megawatt natural gas power plant along the Hudson River, has asked a Delaware bankruptcy judge to schedule a November auction for its assets with an $8 million stalking horse bid.
The U.S. Supreme Court on Monday denied certiorari to a group of feeder funds that invested in the Ponzi scheme of Bernard L. Madoff, which sought to challenge a Second Circuit ruling that found their $6 billi... (more story)
A Queensland Supreme Court judge has refused mining exploration company DGR Global's application to add a new $73.4 million counterfactual claim in its proceedings over the collapse of Armour Energy, DGR announced Monday.
Howard Koh
Recently declining office values show that distressed borrowers and lenders should consider negotiated workouts, t... (more story)
William Wright
The New York City Bar Association’s recent ethics opinion, cautioning attorneys not to record nonclient conversati... (more story)
Keyonn Pope
As a child, I viewed bid whist as a family tradition and a source of friendly card game competition, but as a lawy... (more story)