To access this content, a subscription to Bankruptcy Authority is required.
Meet The Attorneys Helping Exela Process Its Ch. 11
A team of Lathan & Watkins LLP's top bankruptcy lawyers are helping about 60 units of business process automation firm Exela Technologies Inc. through Chapter 11 in Texas, while a trio of attorneys from Hunton Andrews Kurth LLP in Houston are also serving as debtor's counsel.
After Purdue, Bankruptcy Courts Split On Consent Question
The U.S. Supreme Court's decision in June to reject nonconsensual third-party releases in the Chapter 11 plan of Purdue Pharma LP ignited a national debate over a question fundamental to current bankruptcy practice: What counts as consent?
Catching Up With New Bankruptcy Case Action
A sweatshirt maker launched a Chapter 11 case about a year after an $18 million intellectual property verdict. A clean energy project developer filed for Chapter 7 liquidation. A landscaping plant grower went bankrupt with plans to sell its assets. A supplier of Lockheed Martin and Boeing hit bankruptcy, saying it was undone by quality control issues. And yet another company in the electric vehicle industry rolled into bankruptcy court.
Meet The Attorneys Helping Exela Process Its Ch. 11
A team of Lathan & Watkins LLP's top bankruptcy lawyers are helping about 60 units of business process automation firm Exela Technologies Inc. through Chapter 11 in Texas, while a trio of attorneys from Hunton Andrews Kurth LLP in Houston are also serving as debtor's counsel.
After Purdue, Bankruptcy Courts Split On Consent Question
The U.S. Supreme Court's decision in June to reject nonconsensual third-party releases in the Chapter 11 plan of Purdue Pharma LP ignited a national debate over a question fundamental to current bankruptcy practice: What counts as consent?
Catching Up With New Bankruptcy Case Action
A sweatshirt maker launched a Chapter 11 case about a year after an $18 million intellectual property verdict. A clean energy project developer filed for Chapter 7 liquidation. A landscaping plant grower went bankrupt with plans to sell its assets. A supplier of Lockheed Martin and Boeing hit bankruptcy, saying it was undone by quality control issues. And yet another company in the electric vehicle industry rolled into bankruptcy court.
Expert Analysis
.jpg)
As the vast majority of law firms have embraced some type of hybrid work policy, associates should consider a few ... (more story)
My commitment to beach volleyball has become integral to my performance as an attorney, with the sport continually... (more story)
.jpg)
The prosecution of crypto company Terraform Labs and its CEO, Do Kwon, offers a unique test of the line between la... (more story)
Large Cap More
A Delaware bankruptcy judge said Thursday she will confirm the Chapter 11 restructuring plan of Chilean mobile phone operator WOM SA after overruling two objections from creditors who said they are being treated unfairly.
U.S. District Judge Sean F. Cox, THE Eastern District of Michigan's chief judge, has informed President Donald Trump he will retire on July 27, according to an update posted on the federal judiciary's website on Thursday.
A Chapter 11 trustee can chase cash payments Chinese exile Miles Guo passed through nondebtor alter ego shell companies when buying goods and services from a long list of companies and law firms, a Connecticut... (more story)
A committee of non-U.S. FTX customers has told the Delaware bankruptcy court the group played an essential role in getting FTX's Chapter 11 plan confirmed, urging a judge to approve its application for roughly... (more story)
The U.S. International Development Finance Corp. has challenged Mexico-based payday lender Credito Real's petition for Chapter 15 recognition in Delaware, alleging its bankruptcy plan, which a Mexican court ha... (more story)
Bankrupt Infowars host Alex Jones has escaped a request to immediately pay more than $1 billion to the families of Sandy Hook Elementary School victims who sued him for defamation, the Connecticut Appellate Court has ruled.
Owens Corning has expanded its legal leader's responsibilities as the Ohio-based building products company's human resources chief departs.
Bradley Arant Boult Cummings LLP has brought on a Parker Hudson Rainer & Dobbs LLP partner, who is based in Atlanta, to strengthen its bankruptcy and creditors' rights practice.
A federal judge expressed incredulity Tuesday that Jackson Walker didn't press its former partner harder to get the exact dates of her relationship with a former bankruptcy judge when allegations of their rela... (more story)
A New York bankruptcy judge on Tuesday approved a second vote on a Chapter 11 plan for the Roman Catholic Diocese of Rochester, a decision that could see a resolution of the more than 5-year-old case by the end of July.
Mid Cap More
Two real estate companies facing foreclosure litigation sought bankruptcy protection in New York each listing at least $10 million in debt.
A group of creditors that forced casino developer Diamondhead Casino into a Delaware Chapter 7 case said in a post-trial brief the proceeding should stay in place because it is the best chance for all creditor... (more story)
Long Island nursing home Cold Spring Acquisition LLC on Wednesday asked a New York bankruptcy court to approve its asset sale and grant receivership to a proposed buyer, saying it has reached an agreement with... (more story)
Bankrupt coal miner Corsa Coal Corp. withdrew its emergency motion accusing a competitor and potential bidder for its assets of using confidential information to scare Corsa's largest customers and win busines... (more story)
CarePoint Health's Chapter 11 plan will likely face stiff objections at a hearing next week that could include up to 10 witnesses, attorneys told a Delaware bankruptcy judge Wednesday.
Skin care and beauty technology company Cutera Inc. filed for Chapter 11 protection in a Texas bankruptcy court Wednesday with over $429 million in debt and a prepackaged debt-swap plan to cut that number by n... (more story)
A Texas bankruptcy judge Tuesday said he will consider motions to convert Kal Freight's bankruptcy to a Chapter 7 liquidation after hearing that the trucking company is trying to finalize a partial asset sale ... (more story)
The litigation trustee appointed under the Chapter 11 plan of cybersecurity firm NS8 Inc. and a class of fired employees seeking a payout related to their terminations have jointly proposed a settlement that w... (more story)
A Delaware bankruptcy judge said Tuesday she will allow Liberated Brands LLC, an outdoors and athletic clothing retailer, to implement its proposed bidding process for a liquidation once the company revises a proposed order.
Litigation boutique Pallas Partners LLP has brought on three New York-based litigators from Kasowitz Benson Torres LLP to strengthen its commercial and financial litigation capabilities on both sides of the At... (more story)