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![Kiel Skrobacz, an assistant store manager at Lumber Liquidators in Lutz, Fla., sticks yellow sale tags on products on Thursday, March 12, 2015. A "60 Minutes" expose reported the company's Chinese-made laminate flooring contained high levels of formaldehyde, a carcinogen. The founder and chairman of the company said Friday that the retailer currently has no plans to stop selling laminate flooring made in China, even as it continues to face fallout from the report that questioned the safety of such laminates. (AP Photo/Tampa Bay Times, Rachel Crosby)](https://assets.law360news.com/1870000/1870257/3f441f2085dedbfb3db93b4d6ffe58a34ed0e404-formaldehyde-flooring.jpeg)
Behind The Proxy Fight Leading Up To LL Flooring's Ch. 11
LL Flooring had struggled with declining sales and increasing costs for years before it sought Chapter 11 protection Sunday to avoid defaulting on its loans and find a buyer. But in recent months, the national home renovation supplier was also warding off a shareholder's campaign to install new directors in the face of a plummeting stock price.
![A man holds Chapter 11 documents in an illustration. (iStock.com/designer491)](https://assets.law360news.com/1870000/1870243/af1c05c575cde999f6bb97ac88bbd9b49e77ee3e-istock-1178006949-(1).jpg)
Meet The Attorneys In Avon Products' Ch. 11 Case
A team of attorneys from Richards Layton & Finger PA and Weil Gotshal & Manges LLP is handling the bankruptcy case of Avon Products Inc., the non-operational holding company for the iconic cosmetics brand's entities abroad.
![FILE - A Wednesday, July 28, 2010 file photo shows a container and brush of Super Full mascara by Avon, in North Andover, Mass. Avon Products said Wednesday Aug. 1, 2012 its second-quarter net income fell 70 percent, hurt by the stronger dollar and lower demand globally for its makeup and skin care products. (AP Photo/Elise Amendola, File)](https://assets.law360news.com/1869000/1869779/e030d528607c08c86d9de5c2f0f4e61f29591559-earns-avon-products.jpeg)
Foundation For A Bankruptcy: Behind Avon's Ch. 11 Filing
The holding company for cosmetic giant Avon's international businesses entered bankruptcy in the U.S. this week, seeking to manage talc-related liabilities it has accrued, including damages that juries in Illinois and California assigned it to pay for the cancer diagnoses of a maintenance worker and an Avon customer, respectively.
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Months after a Virginia bankruptcy court blocked Vinson & Elkins LLP from representing Enviva in the wood pellet maker's Chapter 11 case due to a possible conflict of interest, the court has reversed course, p... (more story)
Former bankruptcy judge David R. Jones was sanctioned Friday for an "off the record" interview with Jackson Walker LLP, in which he asked the firm not to take his deposition during a federal investigation into... (more story)
A Texas bankruptcy judge on Friday gave bankrupt hospital operator Steward Health Care the go-ahead to sell its physician network to an affiliate of private equity firm Kinderhook Capital for $245 million.
Utah-based law firm Parsons Behle & Latimer PC has added its 11th office by adding five attorneys from St. George, Utah, business law firm Gallian Welker & Associates.
A South Carolina jury awarded a cancer patient more than $63 million Thursday after he said he developed terminal lung cancer from breathing in asbestos during daily use of Johnson & Johnson's talc-based baby powder.
A University of Southern California neurology professor testified Thursday in Tom Girardi's California federal criminal trial that she diagnosed him with mild-to-moderate dementia months after his law firm col... (more story)
A Connecticut federal judge on Thursday tossed Par Pharmaceutical Cos. Inc. from two price-fixing lawsuits after the defendant and its parent, Endo International PLC, recently filed the Chapter 11 reorganizati... (more story)
Counsel for the Chinese state-owned construction firm that built the Bahamian luxury resort Baha Mar closed out a bench trial in New York state court on Thursday arguing that it was the resort developer's over... (more story)
Two bankrupt former talc suppliers defended their proposed $505 million liability deal with Johnson & Johnson on Thursday before a Delaware bankruptcy judge who authorized discovery into the settlement by objecting insurers.
Three Allen Overy Shearman Sterling partners have been elevated as co-heads of the firm's Latin America practice, the firm has announced.
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A Delaware bankruptcy judge said Friday that defunct cryptocurrency exchange Bittrex Inc. can close its Chapter 11 case on the condition that it reserves $3.4 million in funds for four Iranian customers who ar... (more story)
A group of roughly two dozen states threw their support behind the federal government in asking the U.S. Supreme Court to overturn a ruling that forced the IRS to return a tax payment after a bankruptcy truste... (more story)
A New Jersey bankruptcy judge agreed on Thursday to approve music retailer Sam Ash Music's Chapter 11 liquidation plan, overruling an objection from the U.S. Trustee's Office to the proposal's third-party releases.
A credit reporting agency at the center of a $73 million U.S. Securities and Exchange Commission lawsuit is seeking to force a retired Latham & Watkins LLP partner to hand over his discussions with a pair of S... (more story)
Skin cancer test maker DermTech Inc. told a Delaware bankruptcy judge on Thursday that after a two-day auction it had a winning bid of $1.575 million for substantially all of its assets, including intellectual property.
The convicted founder of drugmaker Insys has told Delaware's Chancery Court he agreed to accept a $175 million judgment as part of a settlement with the company's liquidation trust over his role in an opioid k... (more story)
A Manhattan federal judge hit a defunct unit of bankrupt biotechnology concern DMK Pharmaceuticals Corp. with a $10.2 million fine Thursday, after the subsidiary admitted to criminally faking horse-drug prescr... (more story)
A Pennsylvania attorney and his wife have apologized for accusing another attorney of stealing money from a business venture, saying in a court settlement record that they have no evidence that the lawyer comm... (more story)
Abu Dhabi-based defense company Paramount Group Ltd., which manufactures military aircraft, armored vehicles, maritime systems and equipment, filed for Chapter 11 protection Thursday in the Delaware bankruptcy... (more story)
A woman whose son was seriously injured in a car accident shed tears Wednesday while testifying in Tom Girardi's criminal trial, recalling her increasingly desperate attempts to get a final $1 million owed to ... (more story)