Robertshaw US Holding Corp.

  1. October 07, 2024

    FTX Wins Plan Approval, Diamond Sports Drops MLB Deals

    FTX will start repaying customers using up to $16.5 billion in assets that the fallen cryptocurrency company has recovered since filing for bankruptcy in November 2022, after a Delaware bankruptcy judge blessed FTX's reorganization plan at a hearing Monday. 

  2. October 04, 2024

    Robertshaw Closes Ch. 11 Sale Hours Before 5th Circ. Stay

    Appliance parts maker Robertshaw sold the business to a group of its lenders this week, less than two hours before the Fifth Circuit entered an order staying the deal, marking a setback for Invesco, another lender that had objected to a Texas bankruptcy court's approval of the Chapter 11 asset sale.

  3. August 21, 2024

    Top Bankruptcy Cases Of 2024: Midyear Report

    Famous debtors, major U.S. Supreme Court rulings and "shocking" turnarounds have headlined an already busy 2024 in bankruptcy, and elevated interest rates are expected to continue pushing more companies to the brink this year, experts told Law360.

  4. August 19, 2024

    Ex-Judge Jones Beats Conspiracy Suit, Robertshaw Plan OK'd

    A Texas federal judge has thrown out a racketeering lawsuit alleging a conspiracy involving Kirkland & Ellis, Jackson Walker, ex-bankruptcy judge David R. Jones and an attorney with whom he had a romantic relationship, but a separate judge decided to sanction Jones for meeting with Jackson Walker for an "off-the-record" interview. This is the week in bankruptcy.

  5. August 19, 2024

    Robertshaw Judge OKs Ch. 11 Exit Plan Opposed By Invesco

    A Texas bankruptcy judge approved appliance-parts maker Robertshaw's Chapter 11 reorganization plan, overruling an objection from the company's onetime controlling lender and allowing Robertshaw to turn over its business to a group of rival investors.

  6. August 02, 2024

    Purdue-Inspired Release Row Upends Robertshaw Ch. 11 Plan

    A Texas bankruptcy judge quizzed the U.S. Trustee's Office on Friday about its argument that appliance parts maker Robertshaw's Chapter 11 plan contains involuntary third-party releases in violation of the U.S. Supreme Court's Purdue Pharma decision, and asked the watchdog to show the supporting language in the opinion.

  7. August 01, 2024

    Robertshaw Judge Rejects Invesco Bid To Pause Ch. 11 Sale

    A Texas bankruptcy judge on Thursday denied a request by Invesco to temporarily stop appliance-parts maker Robertshaw from selling its business to lenders as part of its Chapter 11 case, finding that the asset manager wasn't likely to succeed on an appeal because there is no "serious" legal dispute.

  8. July 31, 2024

    Meet The Attys Working To Confirm Robertshaw's Ch. 11 Plan

    Appliance-parts maker Robertshaw on Friday will ask a Texas bankruptcy judge to approve its Chapter 11 liquidation and wind-down as it hopes to close out a bankruptcy fraught with lender power struggles. Guiding Robertshaw toward its exit is a team of Latham & Watkins LLP and Hunton Andrews Kurth LLP attorneys with experience in bankruptcy, litigation and private equity deals.

  9. July 26, 2024

    US Trustee Tries To Sink Robertshaw Plan Over Releases

    The U.S. Trustee's Office has asked a Texas bankruptcy judge to deny confirmation of Robertshaw's Chapter 11 plan, arguing the appliance parts maker's reorganization scheme contains nonconsensual third-party releases in violation of the U.S. Supreme Court's recent Purdue Pharma decision. 

  10. June 24, 2024

    Giuliani Trustee Sought, Eletson Has 3 Plans Up For Vote

    Rudy Giuliani's creditors urged a bankruptcy court to appoint a trustee to oversee his finances, while the creditors of shipping company Eletson Holdings will be asked to choose between three competing Chapter 11 plans, and nearly all of biotechnology firm NanoString's creditors will be paid in full.