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Under The Radar: Bankruptcy News You May Have Missed
Lenders for Tupperware said the company's Chapter 11 case does not need a committee to represent retired workers, the U.S. Trustee's Office opposed third-party releases in a pair of Chapter 11 cases and hardware retailer True Value wants more time to pursue its Chapter 11 plan.
Comics Distributor Seeks Ch. 11 Lifeline In Tough Industry
Diamond Comic recently filed for bankruptcy in Maryland after 40 years in business, dealing a blow to the comic book industry, but the company is pursuing a potential going-concern sale to ensure it hasn't turned its last page.
Container Store Hopes Debt Restructuring Leads To Growth
After a quick trip through Chapter 11, The Container Store has emerged as a private company in the control of its lenders, but its changes were largely to its balance sheet rather than its operations.
Under The Radar: Bankruptcy News You May Have Missed
Lenders for Tupperware said the company's Chapter 11 case does not need a committee to represent retired workers, the U.S. Trustee's Office opposed third-party releases in a pair of Chapter 11 cases and hardware retailer True Value wants more time to pursue its Chapter 11 plan.
Comics Distributor Seeks Ch. 11 Lifeline In Tough Industry
Diamond Comic recently filed for bankruptcy in Maryland after 40 years in business, dealing a blow to the comic book industry, but the company is pursuing a potential going-concern sale to ensure it hasn't turned its last page.
Container Store Hopes Debt Restructuring Leads To Growth
After a quick trip through Chapter 11, The Container Store has emerged as a private company in the control of its lenders, but its changes were largely to its balance sheet rather than its operations.
Expert Analysis
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Large Cap More
A case about broadband subsidies will give the U.S. Supreme Court the chance to revive a long-dormant separation of powers principle that attorneys say could upend regulations in numerous industries and trigge... (more story)
Parties hoping to confirm the $9 billion Chapter 11 plan of Johnson & Johnson's talc liability spin-off and those who say the case should be dismissed plan to question 49 witnesses during a nine-day hearing in... (more story)
Two groups of families of victims in the Sandy Hook school shooting are fighting deposition and document requests from right-wing fabulist Alex Jones ahead of a hearing Wednesday on a settlement between the groups.
Jones Day's bankruptcy attorneys spent 2024 on the frontiers of their practice, with work that included helping a Johnson & Johnson subsidiary enter bankruptcy with a proposal for a historically large talc inj... (more story)
State Street Bank can't escape a suit claiming it allowed executives at a defunct paper company to sell overpriced shares to an employee stock ownership plan, a Wisconsin federal judge ruled, rejecting the fir... (more story)
Satellite communications company Ligado Networks LLC's largest unsecured creditor asked a Delaware bankruptcy judge to reject the company's proposed $115 million Chapter 11 financing package, saying Ligado's s... (more story)
Pashman Stein Walder Hayden PC has added two attorneys, including one from Whiteford Taylor & Preston LLP, to continue to grow its bankruptcy, restructuring and creditors' rights practice in Delaware and beyond.
Bankruptcy attorneys from Weil Gotshal & Manges LLP steered hospital chain Steward Health Care's $9 billion bankruptcy and represented Scandinavian Airlines in its restructuring of $2 billion in debt across th... (more story)
A New York bankruptcy judge on Thursday agreed to stay sexual abuse claims filed under the state's Child Victims Act against the Roman Catholic Diocese of Rochester, deciding that a Second Circuit ruling in 20... (more story)
A Delaware bankruptcy judge on Thursday approved defunct trucking company Yellow Corp.'s $67 million asset sales for its owned and leased properties, saying the asset purchase agreements serve "the best intere... (more story)
Mid Cap More
A Texas bankruptcy judge on Friday approved TGI Fridays' sale of 17 restaurant locations for more than $3 million after the casual-dining chain resolved objections over protections for its landlords.
A New Jersey event venue under construction called The Chariot has filed for Chapter 11 protection in New Jersey after its bank took foreclosure action on its $11 million loan, with the business' co-owner sayi... (more story)
A bankrupt 588-bed Long Island nursing home Friday postponed its request that a New York bankruptcy judge approve the sale of its facility while its union workers and its proposed buyer try to work out the ter... (more story)
A New Jersey federal judge has denied a redevelopment agency's bid for a new trial in a land-taking battle after a jury determined it should pay $25.6 million for a 22-acre former Michelin Tire & Rubber Co. fa... (more story)
A Texas bankruptcy judge Wednesday put the operator of one of the world's largest cobalt refineries on course for a March hearing on a Chapter 11 plan to shed nearly $164 million in debt as it deals with depre... (more story)
KAL Freight Inc. expects to file a Chapter 11 plan in February that may toggle between a sale of the business or another form of reorganization, lawyers for the trucking group told a Texas bankruptcy judge on Wednesday.
A California woman is ineligible for relief from the tax liability she and her husband accrued due to incorrectly claimed retirement fund withdrawals, the U.S. Tax Court ruled Wednesday, upholding the Internal... (more story)
A Delaware bankruptcy judge on Wednesday gave interim permission for lithium-ion battery maker iM3NY to access part of a $17.5 million Chapter 11 financing from its senior lender, along with a host of other routine motions.
A Florida federal bankruptcy judge on Wednesday approved a $3 million settlement in the bankruptcy case of Vital Pharmaceuticals Inc., the company that produces Bang Energy drinks, but declined to seal an agre... (more story)
A South Carolina real estate rental company urged the North Carolina Supreme Court on Tuesday to overturn a lower court's decision that the company missed the window to enforce a debt because the automatic sta... (more story)