Expert Analysis

Getting The Most Out Of Learning And Development Programs

Junior associates can better develop the legal, business and interpersonal skills they need for long-term success ... (more story)

AI Presents A Make-Or-Break Moment For Outside Counsel

The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of th... (more story)

8 Tariff Refund Questions For Restructuring Professionals

For restructuring and turnaround professionals, seeking refunds following the U.S. Supreme Court's recent decision... (more story)

Large Cap More

2 McCarter & English Attys Rise To Partner In NJ

McCarter & English LLP announced Wednesday that it has promoted two Newark, New Jersey-based attorneys to partner, one who is in the firm's bankruptcy group and the other who handles liability, mass torts and class actions.

Oakland Diocese Yanks Insurance Deals From Newest Plan

The Roman Catholic Diocese of Oakland, California, told a bankruptcy judge Wednesday it removed $42 million in settlements with insurance carriers from its proposed Chapter 11 plan to eliminate one source of c... (more story)

Fortress Buys Bankruptcy Services Provider Omni

Investment management firm Fortress has acquired bankruptcy claims and noticing agent Omni, the two companies have announced.

Lidar Co. Luminar Cleared To Exit Ch. 11 After Asset Sales

A Texas bankruptcy judge Wednesday signed off on Luminar's bid to wind down its business and make distributions to creditors in Chapter 11, months after the maker of autonomous-vehicle technology sold most of its assets.

Sports Biz Owners Defeat JV's Fraud Claim Over $715M Deal

The former owners of a collapsed sports media business have defeated a fraud claim after a court found they had not misrepresented the financial health of the company to convince a joint venture to buy a major... (more story)

Del. Chancery Tosses B. Riley Investor Loss Suit

The Delaware Chancery Court dismissed a stockholder derivative lawsuit accusing B. Riley Financial Inc. insiders and directors of breaching their fiduciary duties over hundreds of millions of dollars in losses... (more story)

Lenders Balk At Bankrupt IHC's Pitch To Hire Raymond James

Six creditors have asked a Texas bankruptcy judge to withhold approval from senior living facility investor and operator Inspired Healthcare Capital's current bid to hire Raymond James & Associates Inc. in the... (more story)

Office Building REIT Gets Agreement On Ch. 11 Exit Path

Counsel for Office Properties Income Trust, a national office space owner and leasing company, told a Texas bankruptcy judge Tuesday a deal the debtor struck with a group of creditors is poised to clear remain... (more story)

Judge Blesses Fee-Sharing In Catholic Abuse Claims Appeal

A California bankruptcy judge on Tuesday blessed a fee-sharing deal between the Roman Catholic Diocese of Fresno and the state's other Catholic organizations, saying it could pay a firm representing all of the... (more story)

Beasley Allen Seeks Stay Of DQ In Federal J&J Talc MDL

The Beasley Allen Law Firm asked a New Jersey federal court on Monday to hold off on disqualifying it from talc litigation against Johnson & Johnson while it appeals the disqualification order which it called ... (more story)

Mid Cap More

Justices Undo Finance Co.'s Liability For Investment Losses

A financial company cannot be held liable for £1.7 million ($2.3 million) in losses from failed property investments, Britain's top court ruled Wednesday, finding that it wasn't responsible for the actions of ... (more story)

U.S. Trustee Seeks To Nix FTE Ch. 11 After Case Lapses

The U.S. Trustee said Tuesday that the contested Chapter 11 case of defunct telecommunications company FTE Networks Inc. should be thrown out because the debtor failed to file basic required documentation and ... (more story)

Colo. Judge OKs $2.5M Damages In Metal Workers' Wage Suit

The owner of a now-defunct metal fabrication and construction company will have to shell out $2.5 million in damages in a case seeking unpaid wages, a Colorado federal judge has ruled, agreeing with a magistra... (more story)

Mountain Sports Wins Ch. 11 Liquidation Plan OK

Sports retailer Mountain Sports LLC received confirmation Tuesday from a Delaware bankruptcy judge of its Chapter 11 liquidation plan after unsecured creditors backed the plan.

Cancer Vaccine Developer Files Ch. 7 After Trials Fall Short

A Denmark-based biotechnology firm filed for Chapter 7 liquidation Tuesday in Delaware with more than $10 million in debt after its prospective cancer vaccine failed to measure up under testing and win regulat... (more story)

Lowenstein Sandler Enters Del. With Polsinelli Bankruptcy Pro

Lowenstein Sandler LLP announced Monday that it has opened an office in Delaware by bringing on the former leader of Polsinelli PC's bankruptcy and restructuring practice.

Atty Gets Reciprocal NJ Suspension For Ethics Violations

The New Jersey Supreme Court has imposed a three-year suspension on an attorney who had a Colorado law practice as a reciprocal discipline for ethics violations related to her conduct representing a client in ... (more story)

NY Diocese, Abuse Claimants Reach $148M Ch. 11 Deal

The Roman Catholic Diocese of Albany, New York, has agreed to pay $148 million as part of a settlement reached with a committee of sexual abuse claimants in its Chapter 11, it announced Friday.

House Reps. Call For Ch. 11 Forum Shopping Crackdown

Two lawmakers have proposed new legislation in the U.S. House of Representatives to set stricter rules on which jurisdictions a company may declare bankruptcy in, saying reform is needed to curtail debtors sel... (more story)

Apollo, BlackRock Deny Asking Kirkland To Abandon Optimum

Apollo, Ares, BlackRock and other major financial companies have denied Optimum Communications' claims accusing them of "bullying" Kirkland & Ellis LLP into withdrawing as the telecommunications company's tran... (more story)