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![FILE - Rudy Giuliani talks to reporters as he leaves after his defamation trial in Washington, Dec. 15, 2023. Giuliani has been disbarred in New York. The former New York City mayor, federal prosecutor and legal adviser to Donald Trump received the decision Tuesday, July 2, 2024 from an appeals court in Manhattan. (AP Photo/Jose Luis Magana, File)](https://assets.law360news.com/1856000/1856943/07db953b59f26d621ed34d5c0400f0a738c83ddc-rudy_giuliani_disbarred_46111.jpg)
Rudy Giuliani: From America's Mayor To 'Disgraceful' Debtor
After emerging from the ashes of the 9/11 terrorist attack as a public official the wounded nation could rally behind, former New York City Mayor Rudolph W. Giuliani is now being slammed for "disgraceful behavior" in the foundering Chapter 11 case arising from his defamation of election workers in the aftermath of the 2020 presidential election.
![2024 has seen a number of major real estate bankruptcy developments, including from WeWork, Steward Health and the Tremont Hotel in Chicago. (iStock.com/Gam1983)](https://assets.law360news.com/1842000/1842584/d82e43f44892b59d1ffc903877fb0ab069946485-istock-915254108-bankruptcy.jpeg)
The Real Estate Bankruptcies Making Headlines This Year
The real estate industry is no stranger to distress, but recent market headwinds have made it even harder for certain companies to chart the course to calmer seas. Catch up on the major real estate bankruptcy developments that have made headlines so far this year.
![04 January 2010- Los Angeles, California- Three Hollywood studios, Universal, Fox and Warner Bros, are engaged in a court battle with Redbox over their efforts to prevent DVD releases from finding their way into popular Redbox kiosks. Redbox has in turn sued Universal, Fox and Warner Bros. over what it calls antitrust violations. Redbox recently set a new one-day rental record, seeing 2 million DVDs rented from their kiosks on New Year's Eve. Photo Credit: Krista Kennell/Sipa Press./redbox.003/1001041908 (Sipa via AP Images)](https://assets.law360news.com/1856000/1856338/333bea6c7ccceb0f6198d8152bb96752f1c61f99-sipausa.30055748000003.jpg)
The Story Behind The Redbox Parent Company's Ch. 11
Chicken Soup for the Soul Entertainment, the parent of DVD rental company Redbox Entertainment Inc., descended into bankruptcy following its acquisition by Apollo Capital Management and racking up unpaid bills to license films.
Large Cap More
President Joe Biden on Thursday tapped an attorney who most recently served as of counsel at Cohen Weiss & Simon LLP to head the Pension Benefit Guaranty Corp.
The Beasley Allen Law Firm, another plaintiffs law firm and a litigation funder defeated subpoenas from Johnson & Johnson in talc litigation, with a special master reasoning that the broad swath of discovery p... (more story)
A Texas bankruptcy judge on Thursday approved a request by Bally Sports parent company Diamond Sports Group to reject a broadcast agreement with the NHL's Dallas Stars, the latest professional team to part ways with DSG.
A former U.S. bankruptcy judge being sued over a secret romantic relationship he had with a former Jackson Walker LLP lawyer who practiced in his court urged a Texas federal court on Thursday to toss the case,... (more story)
As summer vacation approaches, it's a great time for attorneys to enjoy leisure reading while staying ahead in their field. Law360 has compiled a list of essential books recommended by industry professionals, ... (more story)
Rite Aid agreed to a nearly $410 million settlement with the U.S. Department of Justice, the bulk of which will be an unsecured claim in the company's Chapter 11 case, that will put to bed allegations the phar... (more story)
Manhattan federal prosecutors urged a jury on Wednesday to convict Chinese dissident Miles Guo for operating his political movement as a vast racketeering conspiracy that "brainwashed" supporters into spending... (more story)
Investment firm Acis Capital Management LP can't get involved in a $9.6 million claim dispute in reorganized hedge fund Highland Capital Management LP's Chapter 11 case, a Texas bankruptcy judge ruled Wednesda... (more story)
Petersen Health Care won a Delaware bankruptcy judge's approval on Wednesday to sell most of its nursing homes after selecting four bidders at an auction earlier this month, defeating or resolving objections t... (more story)
The judge overseeing the restructuring of Puerto Rico's electric utility on Wednesday asked the island's fiscal board and bondholders to prove wrong a court-appointed mediator's gloomy assessment on the prospe... (more story)
Mid Cap More
A pair of attorneys from Foley & Lardner LLP is steering Tubular Synergy Group LP, an oil and gas pipe distributor, through its Chapter 11 case in the Northern District of Texas as it seeks to restructure more... (more story)
Los Angeles-based in-demand products maker SQ USA Inc. filed for Chapter 7 liquidation in California bankruptcy court with $21.3 million in debt after the company's business failed for the past few years.
The California Department of Financial Protection and Innovation on Wednesday revoked the financing lending license of Synapse Credit LLC, a subsidiary of Synapse Financial Technologies, whose April bankruptcy... (more story)
A Florida federal bankruptcy judge denied a request Wednesday by an attorney who was acquitted last year in a billion-dollar medical fraud scheme to dismiss his Chapter 11 case and instead converted it to Chap... (more story)
Real estate developer JGA Development LLC, which owns and operates 84 units and has been developing dozens more, filed for Chapter 11 protection in New Jersey on Tuesday with up to $50 million each of assets and liabilities.
A Texas pipe distributor has filed for Chapter 11 in the Lone Star state, as the company hopes to restructure its more than $50 million in debt in the face of default notices from its main lender.
The former CEO of the company that makes Bang energy drinks urged the disqualification of a Florida federal bankruptcy judge and called for an investigation, alleging that the judge committed misconduct in the... (more story)
Rudy Giuliani on Wednesday urged the D.C. Court of Appeals to let him keep his law license, saying he did not commit misconduct in his work on former President Donald Trump's challenge to Pennsylvania's 2020 p... (more story)
Cooley LLP expanded its transactional services in its Los Angeles office this week with the addition of an attorney who moved his practice after eight years with Gibson Dunn & Crutcher LLP.
McElroy Deutsch Mulvaney & Carpenter's former chief financial officer filed for bankruptcy in New Jersey this week as he awaits sentencing for embezzling over $1.5 million from the firm over a period of years ... (more story)