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Foundation For A Bankruptcy: Behind Avon's Ch. 11 Filing
Meet The Attys Running Gym Chain Blink's Ch. 11
Meet The Attorneys In LL Flooring's Ch. 11
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.
Meet The Attys Running Gym Chain Blink's Ch. 11
A team of attorneys from Young Conaway Stargatt & Taylor LLP is handling the bankruptcy case of Blink Fitness, a budget gym chain owned by higher-end gym company Equinox Fitness.
Meet The Attorneys In LL Flooring's Ch. 11
A team of attorneys from Skadden Arps Slate Meagher & Flom LLP is representing national home improvement store LL Flooring in its $109.6 million bankruptcy.
Expert Analysis
A Pennsylvania federal court’s recent dismissal of the defendants’ counterclaims in Morgan v. Noss should remind a... (more story)
A New York bankruptcy court’s recent ruling in Mercon Coffee’s Chapter 11 case highlights the stringent requiremen... (more story)
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Recent FinCEN consent orders in two North Carolina bankruptcy cases show that additional guidance is necessary for... (more story)
Large Cap More
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)
Two groups of buyers accusing major canned tuna producers of price-fixing have asked a California federal judge to give the first seal of approval to settlements totaling more than $168 million in cash, plus $... (more story)
A Sears Hometown and Outlet Stores stockholder that saw its share appraisal case tanked by the company's bankruptcy in late 2022 won Court of Chancery clearance Wednesday to intervene with a novel, alternative... (more story)
A group of ex-customers of the defunct Celsius Network cryptocurrency platform have told a New York bankruptcy judge they are being unfairly asked to pay for mandatory mediation of attempts to claw back their ... (more story)
A Delaware bankruptcy judge on Wednesday greenlighted cosmetics giant Avon Products Inc.'s request to borrow part of a $43 million financing package to support itself during its Chapter 11 case.
The Federal Deposit Insurance Corp. urged a California federal court to toss a suit filed by a California landlord that once leased to First Republic Bank, arguing that federal law bars the suit because the FD... (more story)
A New Jersey bankruptcy judge ruled on Tuesday that third-party tort claims against the corporate successor of bankrupt talc supplier Whittaker Clark & Daniels are the property of the bankruptcy estate and can... (more story)
A New York bankruptcy judge on Tuesday agreed to appoint an examiner to investigate at least $28 million of bonuses handed to executives of Weiss Multi-Strategy Advisers LLC in February as the 46-year-old hedg... (more story)
Yellow Corp. has asked the Tenth Circuit to revive its $137 million lawsuit accusing the Teamsters of driving the logistics firm into bankruptcy by fighting a necessary corporate restructuring, according to an appeals notice.
Jackson Walker LLP is pushing back on a U.S. Trustee Office's attempt to roll back at least $13 million in fees and reimbursements awards, saying the firm is just the latest bystander to become "collateral dam... (more story)
Mid Cap More
AmeriFirst's unsecured creditors can seek repayment of $10.3 million they alleged were fraudulently transferred, a Delaware bankruptcy judge ruled Wednesday, saying there are open questions about a secured len... (more story)
AllHere Education Inc., the Boston-based Harvard Innovation Labs venture that sold AI-powered chatbots to schools, filed for Chapter 7 liquidation in Delaware on Tuesday amid concerns about the privacy of students' data.
Two former students at the University of the Arts claimed the school's sudden shutdown in June was without proper heads-up or guidance, according to a potential class action in Pennsylvania federal court.
A Delaware bankruptcy judge on Tuesday agreed to grant bankrupt gym chain Blink Fitness interim approval to access $28 million of its $73 million proposed debtor-in-possession loan, along with a host of customary motions.
The senior lender to Sequencing Health Inc. has sued former officers and directors of the now-defunct genomic science company, alleging they squandered the company's assets, awarded themselves big bonuses and ... (more story)
The Fourth Circuit said Tuesday that Chapter 13 debtors aren't bound to default provisions in the form used in their local jurisdiction when creating a plan to exit bankruptcy, finding the debtor should be the... (more story)
Bankrupt clinic operator Pioneer Health Inc. received approval Tuesday from a Delaware court of its Chapter 11 plan with a post-confirmation sale set to be completed before the plan's effective date.
Two riders who were injured and the estate of a rider who was killed while using the now-defunct Spin electric scooter service in Pittsburgh have renewed their request to split their lawsuit against the city a... (more story)
Home renovation retailer LL Flooring got a Delaware bankruptcy judge's interim nod for an up to $130 million debtor-in-possession package as attorneys said at a hearing Tuesday that they need to nail down a st... (more story)
A Delaware bankruptcy judge indicated Tuesday he would approve solar energy company iSun's plan to sell itself once the firm works through a few remaining objections to the $10 million deal.