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SVB, FDIC Head For Standing Clash At Ch. 11 Plan Hearing
Meet The Attys For Tender Greens And Tocaya's Ch. 11
How Midwest Christian Villages Wound Up In Ch. 11
SVB, FDIC Head For Standing Clash At Ch. 11 Plan Hearing
The former parent of Silicon Valley Bank and federal banking regulators have dueling arguments regarding standing queued up, as they're scheduled to take their dispute over $1.9 billion in assets into a confirmation hearing for the company's liquidation plan before a New York bankruptcy judge on Monday.
Meet The Attys For Tender Greens And Tocaya's Ch. 11
A partner at Raines Feldman Littrell LLP is representing Los Angeles-based casual restaurant chain One Table Restaurant Brands LLC, which operates about 40 locations of Tender Greens and Mexican eatery Tocaya, in its Chapter 11 bankruptcy in Delaware.
How Midwest Christian Villages Wound Up In Ch. 11
Midwest Christian Villages Inc., a faith-based healthcare nonprofit operating senior-living facilities, suffered diminished patient intake and higher labor costs while it lurched through COVID-19 and then the following inflation spike, ultimately hitting Chapter 11.
Expert Analysis
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Large Cap More
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The former parent of the failed Silicon Valley Bank has postponed the start of the New York bankruptcy court hearing on its Chapter 11 plan until Wednesday morning.
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The Chapter 11 trustee overseeing the Connecticut bankruptcy of Chinese exile Miles Guo has filed a notice that lifts a March stay on civil RICO and alter ego claims after the debtor's criminal conviction this... (more story)
Dentons said Friday it has hired a bankruptcy partner in Chicago who spent the past 25 years at Foley & Lardner LLP.
The Eighth Circuit has blocked the Biden administration from implementing another plan for student loan forgiveness while the appellate court considers a Missouri-led state alliance's injunction request, accor... (more story)
The Fifth Circuit Court of Appeals reversed a Louisiana bankruptcy court's decision applying the automatic stay of litigation to a group of children suing the bankrupt Archdiocese of New Orleans, saying the la... (more story)
Mid Cap More
More than a dozen bankrupt nursing homes will have to pay nearly $36 million in a U.S. Department of Labor's suit claiming workers weren't paid full wages after creating "an adversarial" payroll structure, a P... (more story)
The Office of the U.S. Trustee objected to a proposal to strip debtor Pioneer Health Systems LLC of control over its Chapter 11 case, saying the Subchapter V trustee that would take over is unable to file a pl... (more story)
Clothing manufacturer Delta Apparel and its affiliates asked for a Delaware bankruptcy court's permission to pay three former executives, who resigned as the company headed toward insolvency, as consultants so... (more story)
The U.S. Trustee's Office requested that a Delaware bankruptcy judge convert healthcare provider UrgentPoint's Chapter 11 case to a Chapter 7 liquidation, saying the debtor is or shortly will be unable to meet... (more story)
Telecommunications company Airspan Networks has asked a Delaware bankruptcy court for permission to borrow an additional $5 million in debtor-in-possession financing to support the business as it waits for reg... (more story)
A New York bankruptcy judge has ruled that coffee supplier Mercon Coffee Group can't reward corporate insiders who stuck with the company through its Chapter 11 case with a release from future litigation.
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One Table Restaurant Brands LLC, the Los Angeles-based casual restaurant chain that operates Tender Greens and Mexican eatery Tocaya, received interim approval Friday to access $1.7 million of a $3 million deb... (more story)
Bankrupt bus transportation company Coach USA told a Delaware judge Friday that it had reached agreement with its lenders, unsecured creditors and a stalking horse bidder that allowed the company to finalize a... (more story)
The former vice president of sales for pharmaceutical company U.S. Compounding Inc. pled not guilty in Manhattan federal court Friday to forging fake horse drug prescriptions in order to juice revenues.